Nordam Agrees to Pay $2 Million – All It Can Pay – in Non-Prosecution Agreement With the DOJ Based on Chinese Bribes

In another reminder of the treacherous corruption terrain in China, The Nordam Group, Inc. (Nordam), an Oklahoma-based provider of aircraft repair services with over 2,500 employees, has agreed to resolve FCPA violations by paying a $2 million monetary penalty to the U.S. Treasury and strengthening its compliance, bookkeeping and internal control standards and procedures.  The violations stem from a scheme to bribe officials of Chinese airlines to retain their business.  This article summarizes the bribery scheme, the penalty and remedial measures taken by the company, and includes links to relevant documents.

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