Airbus bribery scandal triggers new probes worldwide - News Summed Up

Airbus bribery scandal triggers new probes worldwide


Airbus declined to comment further after welcoming the agreement on Friday as an opportunity to "turn the page". Inquiries launchedIn Ghana, a political storm erupted over accusations of Airbus payments to a relative of a government official in connection with the purchase of military transport planes. The payments were thwarted by a freeze on agent commissions as Airbus tightened processes in 2014, they said. Airbus misled UK export credit agency UKEF over her name and gender, while paying her company US$2mil, the SFO said. Prosecutor findings issued with the settlement detailed alleged bribery and hospitality paid for using money diverted from a pilot training fund, into which Airbus made payments.


Source: The Star February 04, 2020 00:22 UTC



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