Violation Tracker Individual Record

Company: 
LATAM Airlines Group S.A.
Current Parent Company: 
LATAM Airlines Group
Penalty: 
$12,750,000
Year: 
2016
Date: 
July 25, 2016
Offense Group: 
competition-related offenses
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

LATAM Airlines Group S.A., a commercial airline company based in Chile, agreed to pay a $12.75 million criminal penalty in connection with a scheme to pay bribes to Argentine union officials via a false consulting contract with a third-party intermediary in violation of the accounting provisions of the Foreign Corrupt Practices Act.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
deferred prosecution agreement
HQ Country of Parent: 
Chile
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
airlines
Specific Industry of Parent: 
airlines
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.