Areva’s German Offices Raided by Prosecutors in Bribery Probe
This article is for subscribers only.
German offices of Areva SA, the world’s largest supplier of nuclear equipment and services, were raided by prosecutors in a probe over possible bribery payments.
Eight suspects, including five current and former Areva employees are being investigated over bribery and breach of trust allegations, prosecutors in Nuremberg, Germany, said in an e-mailed statement today. The suspects may have transferred company money to slush funds abroad to “get competitive advantages,” prosecutors said.