Braid Logistics (UK) ("Braid UK"), part of Braid Group Holdings Limited ("Braid"), will pay £2.2 million under a civil settlement reached with Scotland's prosecution service, The Crown Office and Procurator Fiscal Service (COPFS), for paying bribes to obtain business. After the Glasgow-based logistics company learned of the potentially illicit activities, it conducted an internal investigation that revealed illegal conduct in connection with two Braid UK contracts. The company self-reported to COPFS, admitting breaches of the Bribery Act 2010. Braid UK's group financial director, Alasdair Davidson, stated that the company is taking steps to implement more robust procedures to prevent future misconduct.
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