This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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Wednesday, August 22, 2012
EADS executives warned five years ago about questionable payments
Senior executive at EADS, the European aerospace and defence group that owns Airbus, were warned five years ago about questionable payments that are now part of an investigation by the Serious Fraud Office.
The U.K. Serious Fraud Office said last week it is investigating possible bribes by a British subsidiary of EADS (EAD.PA), GPT Special Project Management Ltd.
Read more on the Telegraph. You can find an older post here.
Labels:
(EAD.PA),
bribery,
corruption,
EADS,
EADS N.V.,
France,
Principle 10,
Saudi Arabia
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