Now the Department of Justice is investigating
Today’s Times carries the continuing story of the United States’ interest in the allegations of bribery against BAE Systems plc.
The US Department of Justice (DoJ) is in talks to establish whether it can launch a formal inquiry into alleged bribery and corruption in BAE Systems, The Times has learnt.
The newspaper reports that the inquiry would be similar to that dropped by the Serious Fraud Office at the end of last year and would focus on payments alleged to have been made by the Red Diamond company, which The Times suggests is a subsidiary of BAE.
Vince Cable, the Deputy Leader of the Liberal Democrats, told the Commons last night that the allegations of corruption against BAE were damaging the reputation of Britain overseas. He also asked what help the UK authorities were giving to the DoJ and what the Department of Trade and Industry was doing to investigate Red Diamond and its links to BAE. Dr Cable said yesterday: “How can we allow an operation like Red Diamond to be hidden offshore, given the concerns about money laundering and corrupt practices?”
Posted in BAE, United States, Vince Cable |
