Gol signs leniency deal with Brazil prosecutors in graft probe

Gol Línhas Aéreas Inteligentes agreed to sign a leniency accord with federal prosecutors after an internal probe found the Brazilian airline wired money to firms under investigation in a sweeping corruption scandal. In a Tuesday securities filing, Gol did not specify whether the payments were illegal although it said it agreed to pay 12m reais ($3.6m) in fines and penalties under terms of the agreement. The settlement follows inquiries by tax authorities into payments for online advertising made to companies with ties to Eduardo Cunha, the former head of the lower house of Congress, who was arrested in October on bribery charges. At the time, prosecutors said payments to those companies from holdings by the Constantino family, which founded Gol, did not appear to correspond with services of comparable value.<br/>