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Embraer sets aside $200m for possible fines as India seeks details of bribes on deal – Times of India

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Even as the defence ministry in India sought information from Brazil’s Embraer aerospace company over alleged payment of bribes in a three-aircraft deal, the company is said to have set aside $200 million to pay for any fine following investigation by US authorities.

Read more: http://timesofindia.indiatimes.com/india/Embraer-sets-aside-200m-for-possible-fines-as-India-seeks-details-of-bribes-on-deal/articleshow/54268394.cms



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