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Boeing charged for criminal conspiracy, agrees to pay USD 2.5 million in compensation


Boeing charged for criminal conspiracy, agrees to pay USD 2.5 million in compensation
ANI |
Updated: Jan 08, 2021 04:34 IST
Washington [US], January 8 (ANI): The Boeing Company on Thursday (local time) agreed to pay over USD 2.5 million to resolve a criminal charge with the US Department of Justice after being accused of concealing information on two Boeing 737 MAX crashes that resulted in the deaths of 346 passengers.
According to a press release, Boeing entered into a deferred prosecution agreement (DPA) in connection with a criminal information filed on Thursday. The criminal information detailed a conspiracy to defraud the Federal Aviation Administration s Aircraft Evaluation Group (FAA AEG) in connection with the FAA AEG s evaluation of Boeing s 737 MAX airplane. ....

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Boeing will cough up $2.5bn+ to settle US fraud charge over 737 Max safety


Cash will go to airlines that bought the danger jets, victims fund
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Boeing has agreed to settle a criminal charge that it conspired to commit fraud by deceiving federal aviation officials by withholding safety information about its 737 Max control systems.
The US Department of Justice on Thursday announced the deferred prosecution deal, which imposes obligations that Boeing must meet over the next three years in order to avoid future criminal prosecution.
The deal calls for the US aircraft maker to pay over $2.5bn in penalties and compensation payments to companies that bought the planes and to the heirs, relatives, and beneficiaries of the 346 passengers killed in two 737 Max crashes. ....

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Boeing to pay $2.5 billion to settle criminal charge in deadly Max crashes


Boeing to pay $2.5 billion to settle criminal charge in deadly Max crashes
KOMO News Staff
© Provided by KOMO-TV Seattle
WASHINGTON - The Boeing Co. has agreed to pay $2.5 billion in penalties and compensation to resolve a criminal charge of defrauding the U.S. during the certification of the 737 Max aircraft that was later grounded after two deadly crashes.
The U.S. Department of Justice announced the agreement Thursday after filing a criminal charge against Boeing of conspiring to defraud the Federal Aviation Administration during the initial Max evaluation and certification.
“The tragic crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302 exposed fraudulent and deceptive conduct by employees of one of the world’s leading commercial airplane manufacturers,” said Acting Assistant U.S. Attorney General David P. Burns. “Boeing’s employees chose the path of profit over candor by concealing material information from the FA ....

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