PARIS, Nov 24 (Reuters) - Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Thursday, confirming a report by news agency AFP. It said the agreement is now subject to court approval. Last month, Airbus confirmed it was negotiating a new bribery settlement with French authorities over past dealings in Libya and Kazakhstan as an extension to a settlement struck in 2020 which included record fines against the planemaker. The initial agreement followed a four-year probe which originated in Britain and later expanded to France and the United States, shedding light on a network of middlemen and disguised payments. (Reporting by Tassilo Hummel, Writing by GV De Clercq)((geert.declercq@tr.com;))The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source: Libya Today November 24, 2022 16:07 UTC