Airbus pays millions over corruption allegations

Airbus model airplane

The possible cases of corruption are said to have happened between 2006 and 2011.

(Photo: Reuters)

Paris 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, the financial prosecutor announced on Wednesday 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.

Airbus ended long-term 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.

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