SpaceWar.com - Your World At War
Airbus ex-subsidiary facing corruption trial in Britain
Paris, July 30 (AFP) Jul 30, 2020
A former Airbus subsidiary will face trial on corruption charges in Britain in September over Saudi Arabian contracts dating back a decade, the company and the UK's Serious Fraud Office (SFO) said Thursday.

The allegations against the company, GPT Special Project Management Ltd, concern contracts between January 2007 and December 2012 for work carried out for the Saudi Arabian National Guard, the SFO said in a statement.

Three former employees of the company have also been charged with corruption.

Ex-managing director Jeffrey Cook is also accused of "misconduct in public office" over commission he earned on contracts while working for Britain's Ministry of Defence between September 2004 and November 2008.

The company's financial officer, John Mason, and a third individual, Terence Dorothy, face related charges.

Airbus, a pan-European planemaker based in France, said the SFO had called the accused to appear in court.

"GPT is a UK company that operated in Saudi Arabia which was acquired by Airbus in 2007 and ceased operations in April 2020," the aerospace giant said in a statement announcing its financial results for the first half of 2020.

"The SFO's investigation related to contractual arrangements originating prior to GPT's acquisition and continuing thereafter."

The SFO opened a criminal investigation into the activities of GPT in August 2012.

GPT was a local subsidiary of the European Aeronautic Defence and Space (EADS) company, which later changed its name to Airbus Group.

Britain's Daily Telegraph newspaper reported in 2011 that the SFO suspected EADS of bribing Saudi officials to help it obtain a pound2 billion contract ($2.6 billion at current exchange rates).

A former EADS employee claimed that colleagues used middlemen to give luxury cars, jewellery and briefcases full of cash to officials, the paper said.

Airbus said the GPT case would not affect a "deferred prosecution agreement" it struck in January with French, British and American authorities allowing it to avoid trial by paying a fine of 3.6 billion euros ($4.2 billion).

It was being investigated for allegedly using external consultants to bribe customers to buy its civilian and military aircraft.

The SFO at the time described the deal as "the world's largest global resolution for bribery."

A GPT hearing has been scheduled for September 14 at the Westminster Magistrates' Court, the SFO said.

mra/mlr/js/er

AIRBUS GROUP


ADVERTISEMENT




Space News from SpaceDaily.com
Proba-3 reveals breakthrough images of the solar corona from space
Detection of ancient water ice suggests interstellar origins predating the Sun
UP Aerospace debuts Spyder rocket with successful hypersonic test launch

24/7 Energy News Coverage
Acid vapor boosts durability of carbon dioxide-to-fuel devices
World Bank lifts ban on nuclear energy financing
Waymo leads autonomous taxi race in the US

Military Space News, Nuclear Weapons, Missile Defense
Israel, Iran exchange more deadly airstrikes on fifth day of conflict
Amid Israel-Iran war, Nimitz aircraft carrier to join Vinson in Middle East
B61-13 gravity bomb reaches first production milestone ahead of projected timeline

24/7 News Coverage
ICEYE radar imaging added to SkyFi satellite data platform
China expands disaster monitoring with launch of Zhangheng 1B satellite
China leads international drive to build global space weather monitoring network



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.