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Airbus pays millions in France over corruption allegations

2022-12-01T09:01:54.358Z


Aircraft manufacturer Airbus pays 15.8 million euros to avoid prosecution by the French criminal authorities on suspicion of corruption. In 2020, the group already paid a fine worth billions.


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Airbus flag in Nantes, France

Photo: STEPHANE MAHE / REUTERS

According to the German press agency, the aircraft manufacturer Airbus has agreed with the criminal authorities in France to pay millions in order to avoid possible prosecution on suspicion of corruption in Libya and Kazakhstan.

The Paris criminal court has confirmed the agreement, which provides for the payment of 15.8 million euros, said the financial prosecutor in Paris.

The possible cases of corruption involved sales of planes, helicopters and satellites in Libya and Kazakhstan between 2006 and 2011.

These cases emerged during investigations into allegations of corruption, for which Airbus had already paid a fine of almost 2.1 billion euros in an agreement reached in France in 2020.

At the time, Airbus had ended long-standing corruption investigations in three countries with an unprecedented billion-dollar fine.

The European aircraft manufacturer paid a total of 3.6 billion euros in France, Great Britain and the USA.

czl/dpa

Source: spiegel

All business articles on 2022-12-01

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