Airbus Pays $99-Million Fine to End Eurofighter Bribery Case
- Munich prosecutor says bribery allegations couldn’t be proven
- Fine is for internal control failures by former executives
A Eurofighter Typhoon jet fighter
Photographer: Jasper Juinen/Bloomberg
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Airbus SE agreed to pay a 81 million-euro ($99 million) fine to end a five-year bribery investigation by German prosecutors in connection with Eurofighter jets the defense company sold to Austria in 2003.
The Munich Public Prosecutor found former Airbus space and defense executives were guilty of a "negligent breach of supervisory duties" by failing to implement internal controls, the company said Friday in a statement. The probe failed to find any evidence of bribes, the prosecutors said in a statement on their website.