Aviation maintenance services provider AAR Corp. will pay nearly $56 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA) when it paid bribes to government officials in Nepal and South Africa.

Illinois-based AAR earned nearly $24 million in illegal profits by paying bribes to obtain and retain business in the two countries from 2015-18, the DOJ said in a press release Thursday.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...