France-Airbus ready to pay a fine of €15.9 mls to avoid prosecution for corruption – 30/11/2022 at 16:08

PARIS, November 30 (Reuters) –

Airbus AIR.PA and the National Financial Prosecutor’s Office (PNF) told French courts on Wednesday that they had reached an agreement to avoid possible criminal prosecution for the European aircraft manufacturer for suspicions of corruption in Libya and Kazakhstan, in return for a fine of 15.9 million euros.

This Judicial Convention of Public Interest (CJIP) and the amount of the fine must still be validated by the Paris Criminal Court.

Airbus and the PNF had confirmed at the end of October that they were negotiating a new agreement to end the legal proceedings in these cases, in addition to a CJIP already concluded in January 2020, which resulted in a record fine of 2.083 billion euros. euros in France and 1.5 billion euros in Great Britain and the United States.

(Report Juliette Jabkhiro, written by Myriam Rivet and Tangi Salaün, edited by Blandine Hénault)

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