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Embraer graft probe eyes Mozambique deal

Oct. 06, 2016 10:06 AM ETEmbraer S.A. (ERJ) StockERJBy: Yoel Minkoff, SA News Editor
  • A U.S. investigation of Embraer (ERJ +1.7%) is looking into alleged bribery in the sale of aircraft to Mozambique's state airline in 2008, Folha de S.Paulo reports.
  • Embraer reaffirmed in a statement it has been cooperating and negotiating a formal accord with U.S. officials after voluntarily expanding an internal investigation.

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