This video is called Serious Fraud Office launches investigation into bribery and corruption at Rolls Royce.
By Paddy McGuffin in Britain:
Rolls-Royce probed over fraud claims
Tuesday 24th December 2013
The Serious Fraud Office (SFO) has confirmed it has opened a criminal investigation into bribery and corruption allegations at Rolls-Royce.
The disclosure comes a year after the aero-engine giant said it was co-operating with the SFO after its own investigations identified matters of concern involving intermediaries in overseas markets.
It followed a request for information from the SFO about allegations of malpractice in both Indonesia and China.
It has been alleged by former Rolls-Royce employee Dick Taylor that the company had handed a £12.9 million bribe and a blue Rolls-Royce car to Tommy Suharto, the son of Indonesia’s former dictator General Suharto.
This video from the USA is called Suharto is dead!!! How the US supported him -5/5.
In return, it is claimed, the country’s flag-carrier Garuda bought Rolls’s Trent 700 engines for its Airbus A330 aircraft.
Reponding to the allegations, Mr Suharto has strenuously denied that he received payment from the firm.
But speaking yesterday a spokesman for the SFO said: “We confirm that the director of the Serious Fraud Office
has opened a criminal investigation into allegations of bribery and corruption at Rolls-Royce.”The manufacturing giant boasts major sites at Derby and Bristol, as well as employsing somewhere in the region of 45,000 people worldwide.
In March, the company appointed BP director Ian Davis, a former managing director of management consultancy McKinsey & Co, as chairman.
In a brief statement the firm said: “Further to our announcement of December 6 2012 relating to concerns about bribery and corruption in overseas markets, we have been informed by the Serious Fraud Office that it has now commenced a formal investigation into these matters.”
ROLLS-ROYCE faced accusations yesterday of outsourcing hundreds of high-tech engineering jobs “by the back door.” The aerospace giant has announced it is to open a new engineering production site in Bangalore in India, with the creation of 500 jobs. But at the same time it is carrying out a “global restructuring exercise” with the loss of 2,600 posts in Britain: here.
INDONESIANS demanded at the start of the International People’s Tribunal yesterday that the “vicious cycle of denial” about the country’s 1965 coup and massacre must end. Nursyahbani Katjasungkana, an Indonesian rights activist and former MP who helped set up the tribunal, said the government in Jakarta needed to be held to account for crimes committed in the past: here.
Related articles
- Rolls-Royce: SFO launches formal bribery and corruption investigation (theguardian.com)
- Bribery probe into Rolls-Royce (itv.com)
- Serious Fraud Office to probe Rolls-Royce (dailymail.co.uk)
- Suharto denies Rolls-Royce bribery allegations (trust.org)
- SFO starts formal probe into bribery at Rolls-Royce (telegraph.co.uk)
- Rolls-Royce at centre of corruption probe (independent.ie)
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