Airbus to pay 81 mln euros to settle German corruption probe

Advert Travel Gazette


The European aviation and defense company Airbus confirmed on Friday that the German prosecutor has terminated an investigation against the company on bribery allegations.

Airbus has accepted a penalty notice issued by the Munich Public Prosecutor and agreed to pay 81.25 million euros, it said in an announcement.

The investigation on alleged bribery related to the sale of Eurofighter aircraft to Austria started in 2012. And the result of the investigation “did not confirm the allegations of bribery,” said the statement.

Travel Gazette Ads