Tag Archives: Airbus records €1.36 billion losses after corruption scandal

Airbus records €1.36 billion losses after corruption scandal

Plane maker, Airbus has recorded a net loss € 1.36 billion in the 2019 financial year after paying record fines to the US, UK and France in a Deferred Prosecution Agreement over how it paid bribes to secure mouthwatering deals in 20 countries including Ghana. The loss according to dw.com, loss comes a year after the company reported a whopping ...

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