Mega defense corp Thales faces Anglo-French bribery and corruption probe

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Mega defense corp Thales faces Anglo-French bribery and corruption probe
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Authorities remain tight-lipped on specifics

An investigation into areospace and defense giant Thales is now underway over suspicions of palm-greasing and fraud.

The SFO said the investigation will be jointly carried out alongside the Parquet National Financier , which is essentially its equivalent in Paris. "Working collaboratively with our international partners is a crucial factor in the fight against international corruption and with this case I hope to reinforce the SFO and PNF's long-standing relationship, built on mutual cooperation and shared success," said Nick Ephgrave, director at the SFO, announcing

According the government's contract lookup tool, Thales UK has won 109 contracts in total going back to 2014, altogether worth £2,388,150,343 .

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