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Michigan Post > Blog > Business > Thales faces bribery and corruption investigation
Business

Thales faces bribery and corruption investigation

By Editorial Board Published November 21, 2024 1 Min Read
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Thales faces bribery and corruption investigation

Thales faces bribery and corruption investigation

An investigation is underneath method into the France-based defence firm Thales for suspected bribery and corruption, the UK’s Severe Fraud Workplace (SFO) has introduced.

A press release stated a joint investigation involving the SFO’s French counterparts was underneath method although it didn’t element any allegations past the suspected offences.

Though primarily based in Paris, the multi-national aviation and defence electronics group employs greater than 7,000 folks within the UK.

It has been concerned in offering weapons to Ukraine and in September agreed a £162m contract with the UK authorities to provide 650 Light-weight Multirole Missiles from its website in Belfast.

It was reported in June that police in France, the Netherlands and Spain had searched firm workplaces over suspicions of corruption linked to arms gross sales overseas.

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