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Airbus corruption on UK radar

The FCPA Blog reports that the Serious Fraud Office (SFO) has questioned and detailed four current and former employees of an Airbus subsidiary. The investigation is into allegations that the subsidiary, GPT Special Project Management Ltd. provided bribes to Saudi officials to win a 2 billion GBP contract to upgrade satellite and Internat communication systems for the Saudi National Guard, which protects the royal family. The bribes included cash, cars and jewelry.

Link:

SFO arrests four Airbus employees in Saudi Arabia bribe probe

 

Categories: Anti-Corruption

eric9to5

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