13Aug
After Soaring Settlement, SFO Propels Corruption Charges Against Airbus Subsidiary
Mere months after Airbus entered into a record-breaking, nearly $4 billion resolution with the U.S., U.K., and France to settle foreign bribery allegations, the U.K.’s Serious Fraud Office (“SFO”) moved on July 30, 2020, to bring additional corruption charges against Airbus. This time, the charges are against subsidiary GPT Special Project Management Ltd. (“GPT”) and three individuals in connection with GPT’s Saudi Arabian operations and alleged corruption by GPT’s former Managing Director when...
By:
Vinson & Elkins LLP
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