Bloomberg Anywhere Login


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

U.K. Prosecutors Plan More Arrests in Rolls-Royce Probe

Sept. 2 (Bloomberg) -- The Serious Fraud Office is set to make more arrests in its bribery investigation involving jet-engine maker Rolls-Royce Holdings Plc, the agency director said.

The SFO, which arrested two men in February, is investigating several others as part of its probe into bribery allegations in Asia, David Green said in an interview today at the Cambridge International Symposium on Economic Crime.

The investigation concerns “several divisions of Rolls-Royce business activity” and the SFO isn’t “hanging around,” Green said. “There will be more arrests.”

The SFO asked Rolls-Royce to look into possible corruption concerns, and in 2012, the London-based company handed over details on what it called “matters of concern” uncovered in China and Indonesia. A year later, the SFO opened an investigation into whether Rolls-Royce engaged local agents in return for orders and whether that could constitute corruption.

Bhanu Choudhrie, executive director of C&C Alpha Group Ltd., which invests in aviation, utilities and other industries, and his father, Sudhir Choudhrie, were arrested in February as part of the probe. No charges have been filed. Eben Black, a spokesman for the Choudhries, said they deny any wrongdoing and are cooperating with the SFO.

In January, the SFO cited the Rolls-Royce case as one of the reasons it needed an extra 19 million pounds ($31 million) in government funding this year.

Stephanie Watters, a spokeswoman for Rolls-Royce, declined to comment on the investigation.

To contact the reporter on this story: Suzi Ring in London at

To contact the editors responsible for this story: Heather Smith at Benedikt Kammel

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.