June 24th, 2024

Boeing should face criminal charges, say US prosecutors – reports

US prosecutors recommend Boeing face criminal charges for violating a settlement related to 737 Max crashes. Boeing may face consequences for failing to implement an ethics program as agreed in the settlement.

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Boeing should face criminal charges, say US prosecutors – reports

US prosecutors have recommended that Boeing face criminal charges for violating a settlement related to two fatal crashes of the 737 Max plane. The Department of Justice has until July 7 to decide on filing charges after prosecutors suggested it. Boeing had agreed to pay $2.5 billion in penalties and compensation in a 2021 settlement but allegedly failed to implement an ethics program to prevent violations of US fraud laws. The crashes in 2018 and 2019 led to the grounding of the 737 Max aircraft for nearly two years due to a design flaw in the MCAS system. The deferred prosecution agreement shielded Boeing from a fraud charge but is now under scrutiny. The potential new charges could impact the company's CEO, Dave Calhoun, who is set to retire. Boeing and the DoJ have not commented on the situation.

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By @gnabgib - 4 months
Discussion (401 points, 9 hours ago, 288 comments) https://news.ycombinator.com/item?id=40773151
By @ChrisArchitect - 4 months