Airbus To Pay $4 Billion To Settle Corruption Investigations

Airbus To Pay $4 Billion To Settle Corruption Investigations

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Social Studies

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Airbus has agreed to a $4 billion settlement to resolve a global investigation into bribery and corruption. Authorities from France, the US, and Britain have accepted the deal. Airbus admitted to acts of corruption and reached an agreement to avoid prosecution. The investigation began in 2016 after Airbus self-reported irregularities involving middlemen and potential violations of US arms trafficking regulations.

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