Message :
Required fields
LONDON (Reuters) - Britain s Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday.
Three sources familiar with the investigation said the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take a different view in cases where suspects face more than one inquiry.
Airbus and the SFO, which along with French and U.S. prosecutors agreed to a ground-breaking deferred prosecution agreement (DPA) https://www.reuters.com/article/us-airbus-probe-france-idUSKBN1ZU1X4 with the company in January 2020, declined to comment.
Aerospace & DefenseUK prosecutor ends investigation into Airbus individuals - sources
Kirstin Ridley
3 minute read
The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe
Britain s Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus (AIR.PA), the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday.
Three sources familiar with the investigation said the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take a different view in cases where suspects face more than one inquiry.
Serious Fraud Office ends investigation into Airbus individuals
The SFO has dropped its investigation into Airbus. (Getty Images)
The Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, after it agreed to a record €3.6bn global settlement 16 months ago.
Three sources familiar with the investigation told Reuters the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take a different view in cases where suspects face more than one inquiry.
In January 2020 Airbus agreed to pay the mammoth €3.6bn fine after a joint investigation by UK, US and French authorities found the aerospace giant had paid bribes to help secure contracts around the world.
UK prosecutor ends investigation into Airbus individuals: sources Reuters 8 hrs ago
By Kirstin Ridley
LONDON (Reuters) - Britain s Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, the European planemaker that agreed to a record $4.0 billion global settlement 16 months ago, sources said on Tuesday.
Three sources familiar with the investigation said the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take a different view in cases where suspects face more than one inquiry.
Airbus and the SFO, which along with French and U.S. prosecutors agreed to a ground-breaking deferred prosecution agreement (DPA) https://www.reuters.com/article/us-airbus-probe-france-idUSKBN1ZU1X4 with the company in January 2020, declined to comment.
wedding – NBC New York nbcnewyork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcnewyork.com Daily Mail and Mail on Sunday newspapers.