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LAN Airlines Pays $22M To Settle FCPA Union-Bribery Charges

By Carmen Germaine ( July 25, 2016, 11:31 AM EDT) -- South American airline LAN Airlines SA has agreed to pay $22 million to settle allegations it violated the Foreign Corrupt Practices Act by facilitating bribes to union officials during a labor dispute, including paying a $12. 75 million penalty as part of a nonprosecution agreement with the U. S. Department of Justice. . . .

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