PARIS (Reuters) - Airbus confirmed on Friday it is negotiating a new bribery settlement with French authorities over past dealings in Libya and Kazakhstan on top of record fines agreed in 2020. The disclosure in accounting notes published on Friday came after prosecutors said earlier this week they were in talks with Airbus to settle unspecified matters similar to the earlier case, involving widespread bribes paid over several years. In notes with quarterly results, Airbus repeated it was co-operating fully with French authorities on investigations related to Kazakhstan and Libya. The French part of the 2020 settlement cited corruption of foreign officials, fraud and money laundering. Airbus and prosecutors declined to comment on details.

Source: Libya Today October 28, 2022 11:51 UTC