The U.S. government ordered arms contractor Raytheon to pay over $950 million in fines for inflating national contracts and bribing high-ranking abroad military officials, announced Wednesday.
According to a press release on the US Department of Justice website, Raytheon, a RTX subsidiary, does not dispute the allegations.He agreed to pay the fine and conclude a three-year adjournment agreement (DPA) in connection with allegations that cover 2 cases "serious fraud against the United States".‘Raytheon has admitted to participating in 2 separate schemes of Department of defence (DOD) fraud in connection with the provision of defence articles and services, including PATRIOT rocket systems and radar system’ – reads the message of the Department of Justice.According to prosecutors, in 2012–2013 and again in 2017–2018 Raytheon staff donated ‘false and fraudulent information’ The defence Department during contractual negotiations on the sale of Patriot rocket systems and the operation and maintenance of the radar system.
In both cases, prosecutors stated that the Department of defence had been lied to and yet paid Raytheon $111 million more than he should have.Raytheon besides admitted to repeatedly providing the Department of defence with false information between 2009 and 2020 on costs and prices in many government contracts.In addition, the maker concluded a separate three-year DPA agreement in connection with 2 further allegations, including a conspiracy to bribe a high-ranking Qatari military authoritative and a conspiracy to violate the Arms Export Control Act (AECA) in order to hide bribes in export licence applications filed with the State Department.Raytheon reportedly made a separate settlement on the False Claims Act with the Justice Department regarding defective pricing patterns."Raytheon engaged in criminal schemes to trick the U.S. government over contracts for key military systems and gain interests through bribery in Qatar" said Deputy lawyer General Kevin Driscoll of the Department of Justice Criminal Division."Such corrupt and fraudulent behaviour, especially by a listed U.S. defence contractor, undermines public assurance and harms the Department of Defense, companies that follow the rules, and US taxpayers" – added Driscoll.As the Department of Justice explained, under both DPAs, Raytheon will be required to employment an independent compliance monitor for 3 years, to improve its interior compliance programme, study additional evidence of fraud and cooperate in any ongoing or future criminal investigations.
Translated by Google Translator
source:https://www.rt.com/news/605851-raytheon-federal-fraud-fine/
