The Justice Department said on Thursday that it has made “substantial progress” in finalizing an agreement with Boeing to plead guilty to defrauding the US government, but more time is needed to work out the remaining details. The Justice Department and the plane maker had planned to file the final terms of the agreement with a federal court in Texas on Friday. But, prosecutors said Thursday in a status report that they “will not be able to finalize the agreement by tomorrow” and that the earliest it will happen is next week. The agreement stipulates that Boeing will have to operate under the oversight of an independent monitor, a person to be chosen by the government, for a period of three years. But that oversight and the fine did not satisfy the families of victims, according to one of their attorneys.

Source: CNN July 19, 2024 13:50 UTC