Corruption is a Crime

Following confirmation that the US Department of Justice has been discussing BAE Systems plc with the Serious Fraud Office, Vince Cable MP, the Liberal Democrat Deputy Leader, has called for transparency in the Government’s dealing with the company.

“It is highly significant that the Americans are sniffing around this inquiry, particularly as we know the US Government has protested to the British Government about its unwillingness to prosecute.

“If it is true that the Department of Justice are taking seriously suggestions that offences may have been committed in American jurisdiction, then this could be a major escalation. It would also put BAE Systems in some jeopardy, since a third of its defence sales are to the US and it envisages major expansion there.

“With all these rumours swilling around it becomes all the more important that the British Government should be completely transparent in its dealings with the company. If there has been any bribery or corruption in relation to Saudi Arabia and other contracts, it must be pursued.

“It is simply not sustainable for some companies to be required to clean up their acts, while another enjoys more favorable treatment.”