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Bangkok Post
Bangkok Post
World

Airbus pays 15.9m euros to close French corruption probe

Airbus Corruption Libya Kazakhstan Paris PNF
The company in January 2020 reached a plea bargain to pay a total of 3.6 billion euros.

PARIS: A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a corruption probe into aircraft deals in Libya and Kazakhstan between 2006 and 2011.

Prosecutors from France's national financial crime unit (PNF), which reached the deal with Airbus earlier this month, said the fine was "fair and appropriate".

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