Economics

Fokker Said Set for U.S. Reprieve Deal on Iran Sanctions

Lock
This article is for subscribers only.

A unit of Dutch aerospace company Fokker Technologies Holding BV is poised to secure a reprieve from criminal charges that it violated U.S. sanctions against Iran, two people briefed on the matter said.

The Justice Department doesn’t plan to charge any executives and is prepared to offer Fokker Services a deferred-prosecution agreement for selling aviation parts and maintenance services to at least one Iranian company before 2010, said the people, who asked not to be named because the matter isn’t public.