UK Opens Airbus Corruption Investigation

The UK’s Serious Fraud Office (SFO) has opened an investigation into possible corruption in the civil aviation business at Airbus.

UK Export Finance in April froze issuing export credits to Airbus, and has referred alleged discrepancies to the Serious Fraud Office.

“Airbus Group has been informed by the SFO that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants”, Airbus said in a statement.

Airbus said it continues to cooperate with the SFO.