Airbus to Pay EUR16 Million to Settle Intermediary Payments Case
30 Novembre 2022 - 7:02PM
Dow Jones News
By Cecilia Butini
Airbus SE said Wednesday that a French tribunal mandated it to
pay about 16 million euros ($16.5 million) in an anti-corruption
probe related to its use of intermediaries in Libya and Kazakhstan
prior to 2012.
The European plane maker struck a deal in 2020 with U.S.,
British and French prosecutors to settle alleged bribery and
export-control violations. The 2020 charges also related to the
company allegedly making illicit payments to intermediaries to
secure contracts.
According to Airbus, today's agreement won't have any adverse
impact on the settlements reached in 2020.
"The company has taken significant steps since 2016 to reform
itself by implementing a benchmark compliance system underpinned by
an unwavering commitment to integrity and continuous improvement,"
it said.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 30, 2022 12:47 ET (17:47 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Grafico Azioni Airbus (EU:AIR)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Airbus (EU:AIR)
Storico
Da Apr 2023 a Apr 2024