Austria investigates Airbus CEO over suspected fraud
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Austria investigates Airbus CEO over suspected fraud
From Reuters:
Full article: Exclusive: Austria investigates Airbus CEO over suspected fraud | Reuters
VIENNA -- Airbus was plunged deeper into legal wrangling over past business dealings on Wednesday when Vienna prosecutors announced a fraud investigation into its chief executive in connection with a $2 billion fighter order over a decade ago.
Airbus called the accusations against CEO Tom Enders "completely unsubstantiated" after Reuters exclusively revealed the investigation, which came to light in correspondence seen by the news agency and confirmed by Vienna prosecutors.
In February, Vienna prosecutors opened a criminal investigation into Airbus and the Eurofighter consortium after the defense ministry said it believed they had misled Austria about the price, deliverability and equipment of the 2003 deal.
That investigation now involves 16 individuals including Enders, according to a list seen by Reuters.
"Upon our inquiry after initial media reports, the Vienna prosecutor this afternoon informed us for the first time that all individuals, who have been mentioned by the Republic of Austria in its statement of alleged facts, ... are under investigation," an Airbus spokesman said by email.
Airbus called the accusations against CEO Tom Enders "completely unsubstantiated" after Reuters exclusively revealed the investigation, which came to light in correspondence seen by the news agency and confirmed by Vienna prosecutors.
In February, Vienna prosecutors opened a criminal investigation into Airbus and the Eurofighter consortium after the defense ministry said it believed they had misled Austria about the price, deliverability and equipment of the 2003 deal.
That investigation now involves 16 individuals including Enders, according to a list seen by Reuters.
"Upon our inquiry after initial media reports, the Vienna prosecutor this afternoon informed us for the first time that all individuals, who have been mentioned by the Republic of Austria in its statement of alleged facts, ... are under investigation," an Airbus spokesman said by email.
