WASHINGTON, June 24 — US prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated...
US prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters.
Under the 2021 deal, the Justice Department agreed not to prosecute Boeing over allegations it defrauded the Federal Aviation Administration so long as the company overhauled its compliance practices and submitted regular reports. Boeing also agreed to pay US$2.5 billion to settle the investigation.Boeing declined to comment. It has previously said it has “honoured the terms” of the 2021 settlement, which had a three-year term and is known as a deferred prosecution agreement.
In addition to financial penalties, the strictest settlements typically involve installing a third party to monitor a company’s compliance. The DOJ can also require the company to admit its wrongdoing by pleading guilty.
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