France's Airbus entered into deferred prosecution & will pay over $3.9 BILLION in fines to resolve corruption & foreign bribery charges, violations of the Arms Export Control Act, and violations of the International Traffic in Arms Regulations (ITAR).
#ButNothingsHappening
#ButNothingsHappening
A criminal information was just filed on Jan 28 charging them with conspiracy of the above charges. Of course, conspiracy means more than one, so there is more to come!
Airbus will now have to cooperate and turn over their receipts!
Airbus will now have to cooperate and turn over their receipts!
And WHO was Airbus bribing? None other than #China .... and other countries.
And of course they tried to hide their bribery by using layers of "business partners."
And of course they tried to hide their bribery by using layers of "business partners."
Bribes to government officials in China, which means the CCP/Communist Party.
Airbus also settled with the PNF in France, where they'll have to pay another $2.29 billion in fines.
And also settled with the UK SFO where they'll pay an additional $1.09 billion for bribery in Malaysia, Sri Lanka, Taiwan, Indonesia and Ghana.
And also settled with the UK SFO where they'll pay an additional $1.09 billion for bribery in Malaysia, Sri Lanka, Taiwan, Indonesia and Ghana.
It was another global swamp scheme that went on from approximately 2008 to 2015, yet once again, why is it that they're only being prosecuted now? We've seen this time and time again with a bunch of global corruption cases.
I'm going to keep an eye on news about this and continue adding to my thread here when I find new/additional cases.
Looks like France also investigated bribes to China, Japan, Russia, Kuwait, Brazil and Turkey.
theguardian.com/business/2020/…
theguardian.com/business/2020/…
In the UK matter, Airbus is also under deferred prosecution, though they are still pondering whether or not to prosecute the individuals involved. Well, unless they don't have evidence, they ought to prosecute.
