The strong relationship between Airbus and UK Export Finance — currently on hold because of the SFO inquiry and investigations by UK Export Finance itself — will prompt anxiety… British taxpayers have stood behind billions of pounds of short-term loans to customers of Airbus which are now under a bribery and corruption criminal investigation by the Serious Fraud Office. The reliance of Airbus on UK Export Finance, an arm of the British government, to oil the wheels of multibillion-pound aircraft deals in the Middle East, Russia, China and Latin America can be revealed after an investigation by The Times into Airbus transactions.

Source: The Times August 08, 2016 23:10 UTC