European aircraft manufacturer Airbus (Airbus) will pay 3,592 billion euros to the government of the United States, Britain and France stopped the investigation of corrupt practices, the company announced financial Prosecutor of France on Friday. It is not reported whether applied any sanctions against officials of the Airbus, guilty of corruption.
According to the Prosecutor, the company Airbus have reached an agreement on the settlement of corruption charges with the financial Prosecutor of France by 2.08 billion euros. Ads British and American authorities of their compensation are expected later on Friday.
the deal, which, in the opinion of experts on the fight against corruption is largest in the case of bribery, put an end to the nearly four-year crisis that led to a major restructuring of management and delayed plans to redeploy excess cash aviation giant.
Despite the fact that the penalty is great, the criminal charges could put the company at risk of failure from public contracts in the United States and the European Union that could be a serious blow to one of the leading companies in the European aerospace and defence industry.
Airbus came under suspicion of corruption in connection with the sale of planes over a decade ago. He also faced investigation in the U.S. on suspicion of violating export controls.
According to investigators, the Paris branch of the Airbus participated in the creation of a network of front companies around the London company Vector Aerospace. The firm allegedly created with the purpose of one-time payments to decision-makers in Austria for the acquisition of military aircraft Eurofighter.
Investigators do not rule out that bribes could be given and the sale of civil aircraft. With the help of corrupt schemes, the concern was able in 2016 to sell the aircraft to several countries, including Kazakhstan, China and Indonesia. It was reported that investigators have information about more than 100 cases of illegal payments in the vast scale.
Previously coalsalesthat Airbus became the world's largest aircraft manufacturer for the first time since 2011 after 2019 has put its clients 863 aircraft, taking over the "palm" of the U.S. – airlines Boeing (Boeing).
