Airbus Group SE said Thursday that French investigators have opened a preliminary investigation into allegations of fraud, bribery, and corruption in the company's civil aviation business.
Entries in Airbus (5)
Prosecutors in Munich confirmed Wednesday that Airbus is under investigation for bribery connected with border security contracts in Romania and Saudi Arabia.
The Financial Times reported Friday that anti-corruption groups, (Global Witness, Transparency International and Corruption Watch) had written to the Prime Minister and the Director of the Serious Fraud Office raising concerns about the integrity of the SFO’s investigation into the sale by GPT Special Project Management, an Airbus subsidiary, of communications equipment to the Saudi National Guard.
Airbus Group NV said Wednesday the UK Serious Fraud Office questioned some of its employees as part of an investigation into possible corruption at a subsidiary.