U.K. Prosecutors Accidentally Lose Data From BAE Bribery Probe
Stock Chart for BAE Systems PLC (BA/)
The U.K. Serious Fraud Office said it accidentally lost data from an investigation into BAE Systems Plc (BA/), including 32,000 pages of documents and 81 audio tapes.
The information was from a six-year bribery probe into the defense company that ended with a 500,000-pound fine ($776,000) for accounting irregularities in 2010. The SFO, which has to return data after finishing investigations, sent the material to the wrong source, which it didn’t identify, the agency said in an e-mailed statement today.
“Any loss of data is a serious matter and the SFO has taken action to ensure no further material can be wrongly sent out,” it said.
BAE Systems pleaded guilty in 2010 to not keeping proper payment records from deals. The defense company had been under investigation over alleged bribes paid in six countries, including Tanzania and the Czech Republic.
The lost data accounted for 3 percent of the total information used in the SFO probe, the agency said. It has recovered 98 percent of the lost material and said none of the information related to national security.
“We were concerned to hear of this unfortunate incident but understand it has now been dealt with by the relevant authorities,” BAE said in an e-mailed statement. “Ultimately, this is a matter for the SFO and as far as BAE Systems is concerned it is now closed.”
To contact the editor responsible for this story: Lindsay Fortado at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.