Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,318.20 +138.38 0.91%
S&P 500 1,651.81 +12.77 0.78%
Nasdaq 3,482.18 +30.05 0.87%
Ticker Volume Price Price Delta
STOXX 50 2,700.43 -0.50 -0.02%
FTSE 100 6,368.17 -6.04 -0.09%
DAX 8,249.28 +19.77 0.24%
Ticker Volume Price Price Delta
Nikkei 13,245.20 +237.94 1.83%
Hang Seng 20,986.90 -238.99 -1.13%
S&P/ASX 200 4,861.38 +47.03 0.98%

Ex-BAE Lobbyist Cleared of Money Laundering Charges in Austria

A former BAE Systems Plc (BA/) lobbyist was cleared by a Vienna court on money laundering charges tied to allegations he bribed officials in eastern and central Europe for weapons contracts.

Prosecutors didn’t present enough facts to convict Alfons Mensdorff-Pouilly of money laundering, criminal-court spokeswoman Christina Salzborn said today by telephone.

Mensdorff-Pouilly was found guilty on a lesser charge of evidence tampering, which carries a conditional two-month sentence that may be voided on appeal, Salzborn said.

U.K. prosecutors dropped similar charges against Mensdorff- Pouilly in 2010 in a joint U.K. and U.S. settlement ending a six-year-old bribery and fraud investigation against the company.

Harald Schuster, a lawyer for Mensdorff-Pouilly, wasn’t immediately available at his office for a call for comment.

To contact the reporter on this story: Jonathan Tirone in Vienna at jtirone@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link