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19 June 2013

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Aon pays $16.3mn to settle bribery allegations

3 January 2012

Broker Aon has agreed to pay $16.3mn to US regulators and prosecutors to settle a case over bribes allegedly paid in developing countries.

The settlement includes a $1.76mn criminal fine to be paid to the Department of Justice as part of a non-prosecution agreement and about $14.55mn due to the Securities and Exchange Commission (SEC).

Click to enlarge The case relates to payments made in overseas jurisdictions, predominantly countries in the Middle East and Asia, between 1983 and 2007.

The...


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This article was published as part of issue January 2012/1

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