Russian Navy to get amphibious assault ship before summer
February 10, 2018
Major Farewell in Ukraine
February 13, 2018
Russian Navy to get amphibious assault ship before summer
February 10, 2018
Major Farewell in Ukraine
February 13, 2018
Airbus Shaked Hands With Prosecutor

The investigation of Airbus Defence and Space GmbH by the Munich Public Prosecutor (Staatsanwaltschaft München I) related to the sale of Eurofighter aircraft to the Republic of Austria in 2003 has been terminated. The result of the investigation by the Munich Public Prosecutor, which had been ongoing since 2012, did not confirm the allegations of bribery. In order to conclude the investigation, the Munich Public Prosecutor has issued an administrative penalty notice against Airbus Defence and Space GmbH under the German Act on Administrative Misdemeanours (“Ordnungswidrigkeitengesetz”) amounting to € 81.25 million. The total amount comprises an administrative fine of € 250,000 and a disgorgement of € 81 million. Airbus Defence and Space GmbH has accepted this notice. The notice is based on the allegation of a negligent breach of supervisory duties of non-identified members of Airbus Defence and Space GmbH’s former management. The notice alleges that certain former management negligently failed to ensure proper internal controls that would have prevented employees from making payments to business partners without proven documented services in exchange.

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