Google+ Followers

Friday, 10 February 2017

U.K. Prosecutor Drops Two From Airbus GPT Saudi Investigation - Bloomberg

U.K. Prosecutor Drops Two From Airbus GPT Saudi Investigation - Bloomberg:

"The U.K. Serious Fraud Office dropped its investigation into at least two employees at Airbus Group SE’s GPT unit who were questioned in 2014 in relation to bribery allegations in Saudi Arabia, according to people with knowledge of the situation.

The white-collar crime prosecutor informed GPT Special Project Management’s one-time commercial director Richard Moody and Chief Financial Officer Laurence Bryant in recent months it’s not pursuing charges against them, said four people who asked not to be named because the decisions aren’t public.

Another former employee, Malcolm Peto, was told by the SFO that prosecutors weren’t in a position to make a decision yet on his case, according to his lawyer, Miranda Ching. Jeff Cook, who like Peto was a managing director in the division, is still under investigation, the people said."



'via Blog this'