Airbus’s €3.6bn fraud settlement agreed by authorities

Aircraft manufacturer Airbus has confirmed it will pay €3.6bn, plus interest and costs, to fraud authorities in France, the UK and the US following court approvals of a settlement agreed in principle last week. The bulk of the payment (€2.1bn) will be paid to French fraud authority Parquet National Financier (PNF), with €984m to the UK’s Serious Fraud Office (SFO).…

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