Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

EADS Unit Probed by U.K. Prosecutors Over Saudi Bribery Claims

A European Aeronautic, Defence & Space Co. unit in Britain is being probed by U.K. prosecutors over allegations it paid bribes to win a telecommunications deal with Saudi Arabia’s royal family.

The investigation involves suspected payments to Saudi officials from EADS’s GPT Special Project Management unit, David Jones, a spokesman for the U.K.’s Serious Fraud Office in London, said today in a phone interview.

The company provided officials with cars, jewelry and briefcases of money through intermediaries to win the contract valued at 2 billion pounds ($3.13 billion), the Telegraph newspaper reported in May 2011, citing statements to investigators by a former GPT employee.

“Certain allegations have been made and these are being properly addressed with our full and constructive engagement,” an EADS spokesman, who declined to be cited by name, said in a statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.