Boeing To Plead Guilty To Criminal Fraud Charge

Jul 8, 2024 · 1m 2s
Boeing To Plead Guilty To Criminal Fraud Charge
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Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal crashes by...

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Boeing has agreed to plead guilty to a criminal fraud conspiracy charge after the US found the company violated a deal meant to reform it after two fatal crashes by its 737 Max planes that killed 346 passengers and crew. The Department of Justice says the plane maker had also agreed to pay a criminal fine of $243.6m (£190m). However, the families of the people who died on the flights five years ago have criticised it as a "sweetheart deal" that would allow Boeing to avoid full responsibility for the deaths. The settlement must now be approved by a US judge.
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Author Africa Business Radio
Organization Africa Business Radio
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