Dallas Airmotive: Dallas Airmotive to pay $14M penalty for bribing foreign officials

Grapevine-based Dallas Airmotive Inc. has agreed to pay a $14 million criminal penalty to resolve charges that it bribed government officials in Latin America to secure lucrative contracts, the U.S. Department of Justice announced. Dallas Airmotive was charged with one count of conspiring to violate the Foreign Corrupt Practice Act, the DOJ said. Accoring to a DOJ release, Dallas Airmotive admitted that between 2008 and 2012, it bribed officials with the Brazilian Air Force, the Peruvian Air Force,…