Jan. 9 (UPI) — Deutsche Financial institution has entered right into a deferred prosecution settlement with federal prosecutors beneath which it is going to pay greater than $100 million in penalties after allegedly violating anti-bribery legal guidelines.

Brooklyn federal prosecutors introduced the settlement Friday.

Prosecutors allege the financial institution paid thousands and thousands of {dollars} in “referral charges” to consultants in nations like Saudi Arabia, the United Arab Emirates, Italy and China that had been truly bribes to fixers that gave the financial institution entry to international officers.

The Justice Division and the Securities and Trade Fee’s investigation discovered that the financial institution made about $7 million in improper funds to fixers between 2009 and 2016, and made about $35 million from the ensuing offers.

Per the settlement, the financial institution will keep away from prosecution however will “cooperate absolutely” with different investigations.

The financial institution has been repeatedly penalized in recent times by federal prosecutors and regulators for cash laundering and violating worldwide sanctions, and is the topic of a separate investigation by Manhattan federal prosecutors relating to whether or not President Donald Trump misled or defrauded Deutsche Financial institution relating to his property.

Non-public bankers on the financial institution who had been chargeable for lending to President Donald Trump and Jared Kushner resigned their roles in December.

Deutsche Financial institution has loaned Trump about $330 million in loans set to return due in 2023 and 2024.

“We take duty for these previous actions, which passed off between 2008 and 2017,” stated Deutsche Financial institution spokesman Dan Hunter. “Our thorough inside investigations, and full cooperation with the D.O.J. and S.E.C. investigations of those issues, replicate our transparency and willpower to place these issues firmly prior to now.”