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Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe Reuters via biedexmarkets.com

Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe Reuters via biedexmarkets.comBiedex Markets - stockmarket news, ideas tools, data, analysisStock MarketsAirbus
Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe Reuters via biedexmarkets.comBiedex Markets - stockmarket news, ideas tools, data, analysisStock MarketsAirbus

© Reuters. FILE PHOTO: A logo of Airbus in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File Photo

PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Thursday, confirming a report by news agency AFP.

It said the agreement is now subject to court approval.

Last month, Airbus confirmed it was negotiating a new bribery settlement with French authorities over past dealings in Libya and Kazakhstan as an extension to a settlement struck in 2020 which included record fines against the planemaker.

The initial agreement followed a four-year probe which originated in Britain and later expanded to France and the United States, shedding light on a network of middlemen and disguised payments.

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