Rolls Royce and the $800m risk from third-party payments
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.
Engineering firm Rolls Royce faces a bill of almost £500 million ($616 million) after reaching a delayed prosecution agreement (DPA) with Britain's Serious Fraud Office (SFO) over illicit payments and gifts to third parties overseas.
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