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Radio France Internationale
Radio France Internationale
National
RFI

Aviation giant Airbus settles €16 million fine to halt corruption investigation

File photo shows vapour forming across the wings of an Airbus A380 as it performs a demonstration flight at the Paris Air Show. The airplane manufacturer is due to pay over €15million to end a ten-year corruption investigation. AP - Francois Mori

A Paris court has approved an agreement under which airplane manufacturer Airbus will pay €15.9 million in penalties to end a corruption probe focusing on sales to Libya and Kazakhstan over a decade ago.

In a statement released on Wednesday, French prosecutors said the agreement comes as an extension to a previous deal in 2020 that led Airbus to pay a record fine of €3.6 billion to France, the United States and Britain.

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