chicagotribune.com on December 21, 2011 reported that insurance brokerage firm Aon Corp. will pay $16.2 million to settle criminal and civil charges that it paid bribes to foreign government officials over more than two decades, the U.S. government said Tuesday. Under a nonprosecution agreement with the Justice Department, Chicago-based Aon will pay $1.76 million and admit to accounting errors related to the bribes. In a parallel civil case filed in federal court in Washington by the Securities and Exchange Commission, Aon will pay $14.5 million in disgorgement and interest. In settling the SEC charges, Aon neither admitted nor denied the allegations that it violated provisions of the Foreign Corrupt Practices Act.

The original article can be found at chicagotribune.com.