How Airbus corrupted an industry to earn a €3.6 billion fine
On January 31st 2020 the Southwark Crown Court ordered Airbus to pay €3.6 billion in fines and penalties to Britain, France and America after settlement of claims for bribery and corruption.
Three and a half years after the Serious Fraud Office and other law agencies first began investigations into the use of middlemen to facilitate lucrative aircraft deals, Airbus agreed a settlement on outstanding cases in front of presiding judge the Rt Hon Dame Victoria Sharp.
The judgement and associated statement of fact can be found here.
29/01/2020 – Airbus agrees 3.6bn euro deal settle – The Times
29/01/2020 – Payout gives Airbus soft landing – The Times
01/02/2020 – Airbus agrees 1bn high court deal to settle corruption claims – The Times
11/02/2020 – How slush funds, ‘success payments’ and lavish hospitality landed Airbus with a €3.6bn fine – Telegraph