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Insurance brokerage Aon is paying about $1.76 million for bribery in Costa Rica

Wednesday, December 21, 2011

Insurance brokerage Aon has agreed to pay more than $16 million to settle criminal and civil allegations that it bribed employees of government-owned companies and others in several countries between 1983 and 2007, US authorities said.

Aon is paying $14.5 million in restitution and interest to settle civil charges and a $1.76 million criminal fine in an agreement with the Justice Department.

The criminal fine relates to allegations that Aon improperly used training funds for employees of Costa Rica’s state-owned insurance company for other purposes.

Original source: Associated Press