LONDON (AP) — British and French authorities have opened a probe into France-based protection group Thales for suspected bribery and corruption.
In a press release Thursday, Britain’s Severe Fraud Workplace mentioned it hoped the joint probe with France’s Parquet Nationwide Financier will additional reinforce their cooperation towards worldwide corruption.
“Working collaboratively with our worldwide companions is an important issue within the battle towards worldwide corruption and with this case I hope to bolster the SFO and PNF’s long-standing relationship, constructed on mutual cooperation and shared success,” mentioned Nick Ephgrave, director of the Severe Fraud Workplace. “We are going to collectively rigorously pursue each avenue in our investigation into these critical allegations.”
The SFO didn’t element the precise allegations, however experiences have mentioned that police in France, the Netherlands and Spain searched the corporate’s workplaces in June, over suspicions of corruption linked to arms gross sales overseas.
Thales is a key protection contractor, with a lot of its merchandise despatched to help Ukraine in preventing Russia’s full-scale invasion after February 2022.
