Airbus strikes anti-corruption deals with France, UK, US
European aerospace giant Airbus said on Tuesday it had reached an ‘agreement in principle’ with the French, British and US authorities over corruption investigations.
Airbus has been the subject of corruption probes in all three countries in recent years and said it put out the statement in response to press reports.
The Financial Times reported on Monday that Airbus could have to pay more than 3bn to settle the corruption probes.
‘These agreements are made in the context of investigations into allegations of bribery and corruption as well as compliance with the US International Traffic in Arms Regulations,’ Airbus said.
‘They remain subject to approval by French and UK courts and [the] US court and regulator,’ it added.