Embraer reaches $205 mn graft settlement with US, Brazil
Brazilian planemaker Embraer on Monday reached an agreement with the US and Brazilian authorities to settle a six-year corruption investigation, paying $205.5 million. Embraer said an internal probe, launched after receiving a subpoena in the United States, found evidence of wrongdoing in deals with Saudi Arabia, India, Mozambique and the Dominican Republic in the five years through 2011.