LONDON (AP) " Britain's Serious Fraud Office is investigating allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group. The fraud office also confirmed the investigation launched last month on allegations that relate to irregularities with third-party consultants. Airbus is headquartered in Toulouse, France, and has major U.K. operations near Bristol, and in north Wales. Airbus revealed in April that it was speaking with British authorities over "inaccuracies" it had found in applications it had made for UK government credit guarantees. The European aircraft maker says in a statement released Sunday it has been informed of the investigation and will cooperate with the probe.

Source: New Zealand Herald August 08, 2016 07:41 UTC