Europe

Airbus faces criminal fraud probe

Airbus A350-1000
Airbus

The Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus.

These allegations relate to irregularities concerning third party consultants.

The French aircraft manufacturer announced the probe last night and said it is co-operating with the British authorities.

The Serious Fraud Office is a specialist prosecuting authority tackling the top level of serious or complex fraud, bribery and corruption. It is part of the UK criminal justice system covering England, Wales and Northern Ireland, but not Scotland, the Isle of Man or the Channel Islands. It takes on a small number of large economic crime cases.

This criminal investigation represents a further blow to the aircraft manufacturer which revealed an extra €1.4bn hit in its half-year profits last month from problems with the A350 and the A400M military transport aircraft.

 

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1 Comment

1 Comment

  1. The Last Inspector

    August 10, 2016 at 12:13 pm

    Wow. This story is kind of skewed. Airbus is squeaky clean compared to the management cabal that runs Boeing. I’m actually for this kind of stretching of the law to the maximum extent to get sales if it means more Airbus planes delivered rather than Boeing planes. The air traveling public would be much safer if more of the world fleet was Airbus planes as Airbus planes are actually fully inspected and quality and safety compliant before delivery while Boeing’s are not and therefore are defect riddled. If Airbus didn’t report commissions every time that pales in comparison to the Boeing management fraud going on to this day that imperils millions of lives by Boeing management having inspectors buy off work on airplanes that they never inspected or only very rudimentary inspected to give the appearance they did the full inspection required. Boeing is involved in that fraud as well as many more as documented below as our government lets Boeing get away with murder, litteraly.

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