Redflex resolves final US inquiry from 2013 investigation

Following this week’s announcement of a settlement with the City of Chicago, Redflex Traffic Systems (RTSI) says it has resolved all criminal and civil matters in the US arising out of the Company's 2013 investigation into allegations of corruption by former executives. The company has agreed to pay the City of Chicago US$20 million, with $10 million payable by the end of 2017 and the balance to be paid in various annual instalments by the end of 2023, unless extended by the terms of the agreement.
February 7, 2017 Read time: 2 mins
Following this week’s announcement of a settlement with the City of Chicago, 112 Redflex Traffic Systems (RTSI) says it has resolved all criminal and civil matters in the US arising out of the Company's 2013 investigation into allegations of corruption by former executives.

The company has agreed to pay the City of Chicago US$20 million, with $10 million payable by the end of 2017 and the balance to be paid in various annual instalments by the end of 2023, unless extended by the terms of the agreement.

The agreement is in part due to the company’s ‘extensive extensive and thorough cooperation over recent years’, the US Department of Justice said in December 2016.

Redflex will also pay restitution of US$100,000 to the City of Columbus, Ohio.

"Today marks a new beginning for Redflex," said RTSI president and CEO Michael Finn.  "Over the last four years, we took the actions every responsible company would have chosen and enhanced our compliance management, training and oversight functions.
Enforcement

For more information on companies in this article

Related Content

  • Mexico City airport to cost US$1 billion
    May 1, 2014
    Construction of a new airport on land adjacent to the Mexico City international airport, AICM, is expected to cost US$1.12billio, said transport and communications (SCT) minister Gerardo Ruiz during a presentation of the country's national infrastructure plan 2014-18.
    Read More
  • IRD polishes WiM’s green credentials
    December 21, 2020
    A project in Canada is proving that Weigh in Motion can have a positive environmental impact, by helping to reduce emissions. Adam Hill looks at International Road Dynamics’ numbers
    Read More
  • Big wheels keep on turnin’
    August 21, 2018
    Many of the great and the good in the global mobility sector gathered at this year’s Movin’ On event in Montreal. Measured regulation of technologies and safety issues were major themes, reports David Arminas. *Bibendum is the original name for the Michelin Man, the symbol of the Michelin tyre company Autonomous vehicles, platooning, smart intersections and safety – these were the talking points over two-and-a-half days of the Movin’ On event in Montreal, Canada. Everyone in the mobility sector is at the
    Read More
  • Singapore aims to set MaaS benchmark
    September 26, 2019
    Delegates at this year’s ITS World Congress in Singapore will be able to experience Mobility as a Service for themselves in the form of MobilityX’s Zipster app
    Read More

Highlighted Content