SFO agrees Deferred Prosecution Agreement in principle with Airbus as part of a global resolution

Wednesday 29 Jan 2020 @ 12:43
Serious Fraud Office

Following the announcement by Airbus yesterday, the Serious Fraud Office confirms that a Deferred Prosecution Agreement has been reached in principle between itself and Airbus.

The Agreement is subject to the approval of the Court.

A public hearing will be held on Friday, 31 January before the President of the Queen’s Bench Division. Details of timing and court will be confirmed in due course.

The SFO cannot provide further information until this hearing has concluded.

Channel website: https://www.sfo.gov.uk/

Original article link: https://www.sfo.gov.uk/2020/01/28/sfo-agrees-deferred-prosecution-agreement-in-principle-with-airbus-as-part-of-a-global-resolution/

Share this article

Latest News from
Serious Fraud Office

EURIBOR bankers ordered to pay over £1.2 million

06/03/2020 13:33:00

Two men convicted for manipulating the Euro Interbank Offered Rate (EURIBOR) have been ordered to pay over £1.2million in confiscation orders and costs.

Former Barclays executives acquitted of conspiracy to commit fraud

02/03/2020 16:48:00

Roger Jenkins, Richard Boath and Thomas Kalaris were recently (28 February 2020) acquitted of fraud in the UK’s first trial of bank executives for misconduct during the 2008 Financial Crisis.

SFO enters into €991m Deferred Prosecution Agreement with Airbus as part of a €3.6bn global resolution

03/02/2020 13:43:00

The Serious Fraud Office has entered into a record-breaking Deferred Prosecution Agreement (DPA) with the global aerospace company Airbus SE following its approval recently by Dame Victoria Sharp, President of the Queen’s Bench Division.

Anna Machkevitch found guilty of failing to comply with a Section 2 notice

30/01/2020 12:33:00

Anna Machkevitch was today found guilty of failing to supply documents required by the SFO, contrary to Section 2 (3) of the Criminal Justice Act 1987.

SFO secures over £434K for victims of solar panel fraudsters

21/01/2020 11:47:00

Two men who were part of a group that defrauded investors, many of whom were elderly and some who parted with their hard earned savings, have now been ordered to pay back £434,835.73 to those they swindled or face additional time in prison.

Three individuals acquitted as SFO confirms DPA with Güralp Systems Ltd

20/12/2019 16:37:00

Cansun Güralp, Andrew Bell and Natalie Pearce were today acquitted of conspiracy to make corrupt payments in relation to payments made to a South Korean public official between 2002 and 2015.

SFO charges former Serco directors with fraud

18/12/2019 13:51:00

The Serious Fraud Office has charged two individuals with fraud and false accounting in relation to its investigation into Serco’s electronic monitoring contract with the Ministry of Justice.

Solar panel fraudsters ordered to pay £413,206.10 compensation to victims

28/11/2019 16:20:00

Two men who scammed millions of pounds from 760 vulnerable victims in a fraudulent solar panel scheme were yesterday ordered to pay confiscation totalling £413,206.10.

SFO’s Alstom case concludes with sentencing of Alstom Network UK Ltd

25/11/2019 16:25:00

Alstom Network UK Ltd has today been ordered to pay a total of £16.4 million for conspiracy to corrupt relating to a contract to supply trams in Tunisia. This sentence comprises £15 million in fines and £1.4 million in costs.

WIREDGOV