General News of Sunday, 2 February 2020Source: www.ghanaweb.comAirbus confesses paying bribes to Ghana during Mills-Mahama administrationsLate John Atta Mills with John Dramani MahamaAirbus, Europe’s largest aerospace multinational, has admitted paying huge bribes in order to secure contracts in Ghana, under the erstwhile Mills-Mahama administration. Airbus was found guilty by a High Court in London and is to pay a fine of 3 billion pounds (£3bn) as penalties. A number of Airbus employees made or promised success based commission payments of approximately £5 million to the intermediary. False documentation was created by or with the agreement of Airbus employees in order to support and disguise these payments. The payments were intended to induce or reward improper favour by the Government Official 1 towards Airbus,” parts of the prosecution case relating to Ghana read.

Source: GhanaWeb February 02, 2020 05:37 UTC