Tuesday, December 18, 2012

Did EADS Bribe Officials To Sell Fighter Jets To Austria?

New Allegations Haunt EADS Fighter Jet Deal -- Spiegel Online

In the corruption scandal surrounding the sale of Eurofighter jets to Austria, more and more information suggests that European defense giant EADS may have played a role in bribery aimed at securing the lucrative contract. The affair has the potential to damage the company's image and its bottom line.

When Tom Enders receives mail from Vienna these days, he doesn't expect it to contain good news. And so it was again last week, when the CEO of European aerospace and defense group EADS read with some trepidation a letter from Austrian Economics Minister Reinhold Mitterlehner.

In his missive, Mitterlehner spoke of doubts and suspicions -- and he had a concrete demand. He urged Enders to personally clear up the matter as quickly as possible

Read more ....

My Comment: Huge sums of money .... politicians eager to have some in their pocket .... a company eager to give some (or so it appears) .... not a good recipe.

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