French authorities joined the U.K. in a corruption probe of Airbus Group SE (IW 1000/44) centered on allegations of fraudulent practices related to selling planes and arranging aircraft financing.
The probe by the Parquet National Financier follows steps by the U.K.’s Serious Fraud Office in August to look into possible fraud, bribery and corruption in Airbus’s civil aviation business related to third-party consultants, the company said. The two authorities will coordinate with one another, Airbus said.
