AIRBUS SUBSIDIARY, GPT, AND THREE FORMER EXECUTIVES FINALLY CHARGED OVER SAUDI DEFENCE BRIBES

The UK Serious Fraud Office (SFO) July 30 charged Airbus subsidiary, GPT Special Project Management Ltd, former managing director Jeffrey Cook, an alleged accomplice Terence Dorothy and GPT ex-financial officer John Mason, over corruption linked to Saudi defence contracts. The charges come some eight years after the SFO opened its investigation into Riyadh-based GPT in August 2012 for paying GBP14 million (USD18.37 million) in bribes to secure a GBP2 billion (USD2.62 billion) contract for high-level intranet and communications work for the Saudi National Guard. ...


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