PPRuNe Forums - View Single Post - SFO raids four premises in BAE contracts probe
Old 19th Oct 2006, 11:13
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backseatjock
 
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This SFO investigation has been active for some time now and it would seem that while a number of BAE staff have been questioned, no charges have been brought against anyone. So far, no evidence seems to have been found that BAE actually did anything wrong or I am sure we would have seen charges pressed.
Interesting thing about today's coverage (also in Guardian) is that while BAE is consistent in saying it can not comment because this is an ongoing investigation (understandable I guess as it could prejudice any future case against it) the SFO would seem to be briefing journalists. Not sure how appropriate that is!
And it does seem odd that while the SFO probes into BAE's affairs on a seemingly never-ending basis the UK MoD and other government officials, up to and including TB, are supporting the same Company in its bid to secure a Tyhoon deal in Saudi.
Presume the SFO is a government body and the two very different approaches/attitudes to the same Company must send conflicting signals to any potential customer. Would be interesting to know if this is damaging BAE's sales at all and, if it lost a big order on the back of all this, whether it might have a case of its own to press for damages to its business through loss of corporate reputation.
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