Airbus to pay SFO €1bn in corruption settlement

Airbus to pay SFO €1bn in corruption settlement

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Airbus

Airbus will pay nearly €1bn (£840m) to settle corruption cases with UK authorities.

The deal follows a lengthy investigation by the Serious Fraud Office (SFO) into the aircraft maker’s use of middlemen to secure plane deals.

The settlement is part of a €3.6bn (£3bn) deal that also involves payments to US and French authorities.

The payments are being…

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