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Monday, August 8, 2016

Corruption

Serious Fraud Office opens Airbus corruption investigation


A380 Plane
The UK's Serious Fraud Office (SFO) has launched an investigation into allegations of "fraud, bribery and corruption" in the civil aviation business of Airbus.
The allegations relate to irregularities concerning third party consultants.
The France-based aircraft manufacturer said it was co-operating with the probe, which was launched last month.
In April, UK authorities froze export credit applications by Airbus.
The SFO was asked to look at documentation provided by the company about its use of overseas agents.

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