SFO set to chase BAE charges

Posted on 1 Oct 2009 by The Manufacturer

BAE Systems is reportedly set to face prosecution following an investigation by the Serious Fraud Office (SFO) into allegations that the defence giant bribed foreign officials for contracts.

The allegations relate to contracts BAE won from Tanzania, the Czech Republic, South Africa, and Romania. The SFO began to investigate allegations that the company had paid millions to secure those contracts after a similar investigation into a 1980’s deal with Saudi Arabia had to be dropped in 2007 due to a potential breach of…

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