WASHINGTON (Reuters) - The Securities and Exchange Commission said on Thursday that global aerospace company AAR Corp ( AIR ) agreed to resolve U.S. charges in connection with two bribery schemes related to Nepalese and South African officials.
AAR agreed to pay about $30 million to settle the SEC's charges, the regulator said in a statement, adding that Deepak Sharma, a former executive of a wholly owned AAR subsidiary, also settled SEC charges related to the same schemes.
(Reporting by Kanishka Singh in Washington)