The U.K.’s Serious Fraud Office (SFO) has levied penalties worth nearly £3 million (U.S. $3.9 million) against a defunct aircraft refurbishing company for violating the country’s anti-bribery laws.

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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:...