First of all, according to my understanding, it's a pity that your friend should have violated Article 133 of China's criminal law "Violation of traffic regulations, resulting in a major accident, causing serious injuries, death or heavy losses to public and private property, and shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention; ..... "This already belongs to the category of criminal law. The normal procedure should be that the public security department should intervene in the investigation, and then the procuratorate will file a public prosecution and then conduct a trial. I suggest that he can hire a lawyer to provide legal services.
Secondly, I think it is still possible for your "settlement money" to be used for compensation. The inspection organ brings a public prosecution, and the compensation part: 1, your friend or his family, or entrusts a lawyer to negotiate with the injured party, so as to achieve a satisfactory result for both parties. In my opinion, compensation is inevitable. After all, he took his life, but the amount of compensation can be discussed, which is what you said. 2. If the victim has filed a civil lawsuit or a civil lawsuit incidental to criminal proceedings, he may also request the judge to mediate the amount of compensation.
Thirdly, about entering your company, I personally think this is a question about responsibility identification. According to the information you provided, I think that your friend's accident is not carrying out the task of your company (if your company is engaged in transportation), or your friend has no personal attachment with your company, not hiring employees, and the responsibility lies with your friend, which should have no influence. Of course, it is normal that other insiders' goodwill towards the company may decrease.
Finally, if you want this car to leave your company, there are different ways to deal with it according to different situations. I suggest you provide detailed information or materials to the relevant lawyers and consult them.
I hope my little help can help you! I wish all the best!