Airbus admits to paying bribes to ‘high ranking’ Ghanaian officials between 2009 and 2015

It has emerged that Europe’s largest aerospace multinational Airbus paid bribes to high ranking Ghanaian PUBLIC officials in processes leading to a planned purchase of military aircraft Ghana between 2009 and 2015.

Four other countries have also been mentioned in a trial heard in London reported the Guardian website.

The company admitted to the UK court five counts of failing to prevent bribery, had used a network of secret agents to pay large-scale backhanders to officials in foreign countries to land high-value contracts. As a result, the court has fined it pay a record £3bn in penalties.

The bribe payment was undertaken Airbus French headquarters, which its one-time chief executive Tom Enders reportedly called “bullshit castle”.

 

Source: Ghana/Starrfm.com.gh/103.5FM

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