Rolls-Royce agrees £671m payment to settle corruption claims

Rolls-Royce has agreed to pay £671 million to British, US and Brazilian authorities to settle bribery and corruption claims.

The engine maker said it has in principle reached a deferred prosecution agreement (DPA) with the UK's Serious Fraud Office (SFO) and the US Department of Justice (DoJ), and a leniency agreement with Brazil's Ministerio Publico Federal (MPF).