Rolls Names Head of Ethics Probe Amid Corruption Concerns
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Rolls-Royce Holdings Plc, Europe’s largest maker of commercial aircraft engines, named David Gold to review anti-corruption procedures after the U.K. government questioned potential wrongdoing in business dealings in Asia.
Gold, a member of the House of Lords and previously a partner at the Herbert Smith LLP law firm, will report to the board’s ethics committee, the London-based company said in a statement today. The review is focused on actions of “intermediaries in overseas markets,” it said.