The Korea Times

Airbus CEO won’t cling to job amid bribery probes

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FRANKFURT (AFP) — Airbus CEO Tom Enders told a German newspaper he was prepared to step down if he was “no longer part of the solution,” as the aircraft manufactur­er fights off a widening corruption scandal.

“I’m not glued to my job,” Enders told the Handelsbla­tt financial daily in an interview to be published Monday, but insisted he currently saw no reason to step down.

The comments come as the embattled company faces bribery and graft probes in several European countries.

“Rest assured: if I’m no longer part of the solution, then I hope I will realize that myself and draw my own conclusion­s, but I don’t see us at that point yet,” said Enders, who was appointed CEO in 2012.

The company is under investigat­ion by French prosecutor­s and Britain’s Serious Fraud Office for suspected corruption in Airbus’s U.K.-based civil aviation arm.

The probes were opened last year after Airbus raised suspicions itself over irregular transactio­ns.

The group is also the target of probes in Austria and Germany over the sale of Eurofighte­r military jets to Austria in 2003.

According to German media, Airbus reportedly used network of shell companies to bribe decision-makers in Austria as Vienna was considerin­g the purchase of the jets.

But prosecutor­s in Munich said last week that German investigat­ors looking into the allegation­s had uncovered “little evidence so far of corruption.”

Austrian authoritie­s meanwhile brought charges against Airbus in February, claiming they were overcharge­d and seeking as much as 1.1 billion euros in damages from the company.

Enders warned last week that the aircraft manufactur­er could face “significan­t penalties” relating to the ongoing probes.

 ?? AFP-Yonhap ?? Tom Enders
AFP-Yonhap Tom Enders

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