Following a four year investigation, the SFO and Rolls-Royce entered into a Deferred Prosecution Agreement (DPA) which was approved by Sir Brian Leveson, President of the Queen’s Bench Division on 17 January 2017. The DPA enables Rolls-Royce to account to a UK court for criminal conduct spanning three decades in seven jurisdictions and involving three business sectors.
The DPA involves payments of £497,252,645 (comprising disgorgement of profits of £258,170,000 and a financial penalty of £239,082,645) plus interest. Rolls-Royce are also reimbursing the SFO’s costs in full (c£13m).
Full information is available in the Statement of Facts, agreed by the SFO and Rolls-Royce. The Agreement itself and Sir Brian Leveson’s judgment are published below.
Information about how Deferred Prosecution Agreements work in the UK is here.
Following a detailed review of the available evidence and an assessment of the public interest, there will be no prosecution of individuals associated with the company. For more information, please see the statement here.
Page published on 11 Sep 2014 | Page modified on 22 Feb 2019