AirAsia, AirAsiaX named among recipients of bribes by Airbus to secure contracts

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AirAsia, AirAsiaX named among recipients of bribes by Airbus to secure contracts
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The budget airlines mentioned in a settlement in which Airbus agreed to pay RM12 billion to authorities in three countries. FMTNews AirAsia AirAsiaX Bribe

Two senior executives from AirAsia and its sister-airline AirAsiaX were paid or offered bribes of over US$100 million, according to documents in a corruption settlement by plane maker Airbus.

The documents are part of a multi-billion dollar settlement reached with anti-graft authorities in Britain, France and the US, after the European plane maker admitted to “endemic levels of bribery across its international business”, the paper said today.In the settlement, Airbus agreed to pay nearly €1 billion in the UK, €2.1 billion in France and €530 million in the US.

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