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

Related Content

  • June 17, 2016
    Joining old and new in Canada’s Highway 407
    David Arminas visits Canada’s Highway 407 ETR to see how the concession is working and hear about new arrangements for the roadway’s extension. The Toronto region is North America’s eighth largest metropolitan area and its roads become notoriously congested. In 1997 Highway 407, a 68km concrete toll motorway which skirts the northern edge of Toronto, was opened and initially operated by the province and CHIC - a consortium of four leading Ontario-based companies. Finance came from the Ontario Financing Auth
    Read More
  • April 10, 2012
    Why integrated traffic management needs a cohesive approach
    Traffic control is increasingly being viewed as one essential element of a wider ‘system of systems’ – the smart city. Jason Barnes, Jon Masters and David Crawford report on latest ideas and efforts for making cities ‘smarter’ Virtually every element of the fabric and utilitarian operations that make urban areas tick can now be found somewhere in the mix that is the ‘smart city’ agenda. Ideas have expanded and projects pursued in different directions as the rhetoric on making cities ‘smarter’ has grown. App
    Read More
  • December 12, 2014
    The bottom line - US surface transportation system needs major investment
    The 2015 Bottom Line Report on transportation investment needs, released by the American Association of State Highway and Transportation Officials and the American Public Transportation Association, estimates that to meet current demand it will require an annual capital investment over six years by all levels of government in the amount of $120 billion in the nation’s highway and bridge network and US$43 billion in America’s public transportation infrastructure. To meet the combined surface transportation
    Read More
  • January 26, 2012
    Standardise global ITS protocols to enable interoperability
    ITS America has a new chief technology officer. ITS International caught up with Nu Rosenbohm at this year's World Congress to gather his thoughts on the main challenges at home and abroad
    Read More

Highlighted Content