British and French authorities have launched a joint investigation into Thales, a France-based defense group, for suspected bribery and corruption. The Serious Fraud Office in Britain announced the probe in collaboration with France's Parquet National Financier, aiming to strengthen their efforts against international corruption.
The director of the Serious Fraud Office emphasized the importance of working with international partners to combat corruption effectively. The exact nature of the allegations was not disclosed by the SFO, but reports indicate that authorities in France, the Netherlands, and Spain conducted searches at Thales' offices in June. The suspicions revolve around potential corruption related to arms sales overseas.
