The company was informed on Friday that the authority had launched an investigation, an Airbus spokesman told AFP. LONDON―Britain’s Serious Fraud Office said on Sunday it had opened a criminal probe into Airbus Group, investigating allegations of fraud, bribery and corruption. “Airbus Group continues to cooperate with the SFO,” the statement concluded. European planemaker Airbus said it was aware of the probe and the aviation firm was working with investigators. “Airbus Group has been informed by the SFO that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants,” the company said in a statement.

Source: The Standard August 07, 2016 21:00 UTC