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Episode 15: Rolls-Royce's worldwide network of corruption

Just Cases

English - July 24, 2019 06:47 - 32 minutes - 22.4 MB - ★★★★★ - 7 ratings
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Earlier this year the UK's Serious Fraud Office (SFO) announced it had shut down a long-running investigation into corruption at Rolls-Royce. What did the UK authorities have to trade in exchange for Rolls-Royce’s money and cooperation? 

Between 1999 to 2013, the SFO and a joint BBC/The Guardian investigation revealed that Rolls-Royce - which manufactures aircraft engines and defence systems, as well as their famed luxury cars - engaged in systemic criminal activity on a global scale. 

In 2017, Rolls-Royce came to an agreement with the SFO, in which the company agreed to pay £671 million in return for avoiding prosecution on bribery and corruption charges. 

This type of agreement - referred to as a deferred prosecution agreement (or DPA) - is gaining popularity. 

What exactly are DPAs? Do they pull the teeth out of the criminal justice system, which already struggles to convict people for white collar crime?