Airbus CEO questioned by French anti-corruption authorities over Kazakh satellite deal

By bne IntelliNews November 23, 2017

Airbus chief executive Tom Enders has been questioned by French anti-corruption investigators along with three fellow company executives as part of an investigation into the sale of satellites to Kazakhstan in 2010, Reuters reported on November 23. One of the other executives questioned was company chairman Denis Ranque. Both Enders and Ranque were interviewed in Nanterre in October.

Airbus has been facing scrutiny over its sales practices since US regulators were exposed to inaccurate filings by the aerospace giant over arms technology sales - the inaccuracies were uncovered by the company. Enders and the other three executives are not alleged to have played a role in the satellite deal.  

“We have no comment to make other than that we are fully co-operating with authorities,” a spokesman for Airbus said.

The filing issues emerged on top of existing bribery investigations in France and Britain regarding the use of middlemen in jetliner sales.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Kazakhstan can expect GDP growth of 3.1% this year and 5.6% next, says IMF

The International Monetary Fund (IMF) projects real GDP growth of 3.1% this year and 5.6% in 2025 for Kazakhstan in its newly released ... more

Lukoil expands in Kazakhstan

Lukoil is expanding its oil and gas operations in Kazakhstan, the Moscow-based Kommersant newspaper reported on April 8, amid limited overseas opportunities for the company because of Russia’s ... more

Kazakhstan and Uzbekistan’s combined IT exports surpass $800mn

Kazakhstan and Uzbekistan’s combined IT exports surpassed $800mn in 2023. The Kazakh IT sector's export revenue jumped from $50mn in 2020 to over $500mn last year. Astana Hub was a major ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    5 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    2 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    30 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    28 days ago
  5. Saudi Arabia to scale back plans for Neom city
    15 days ago

Reports

Dismiss