Alstom Faces More Criminal Charges in U.K. SFO Bribery ProbeSuzi Ring
Alstom SA is facing more corruption charges from the U.K. Serious Fraud Office in the third set of offenses brought against the company in the prosecutor’s six-year bribery investigation.
The French engineering company’s U.K. unit, Alstom Network UK Ltd, has been charged with four corruption offenses in relation to the supply of trains to the Budapest Metro between January 2006 and October 2007, the SFO said Thursday. The company’s business development director during that period, Michael John Anderson, was also charged with the same offenses.
The SFO charged the U.K. unit last year over alleged corruption related to transportation projects in India, Poland and Tunisia. Alstom has been plagued by global investigations for alleged corruption over the last six years in the U.K., France, Switzerland, Brazil and the U.S.
The first hearing will be held in London on May 12.
Spokesmen for Alstom didn’t immediately respond to requests for comment. Anderson didn’t immediately reply to an e-mail sent to his LinkedIn account.