This is the last article you can read this month
You can read more article this month
You can read more articles this month
Sorry your limit is up for this month
The Serious Fraud Office (SFO) has confirmed it has opened a criminal investigation into bribery and
The disclosure comes a
year after the aero-engine giant said it was co-operating with the SFO after its
own investigations identified matters of concern involving intermediaries in overseas markets.
It followed a request for information from the
SFO about allegations of
malpractice in both Indonesia
It has been alleged by former Rolls-Royce employee Dick Taylor that the company had handed a £12.9 million bribe and a blue Rolls-Royce car to Tommy Suharto, the son of Indonesia's former dictator General Suharto.
In return, it is claimed, the country's flag-carrier Garuda bought Rolls's Trent
700 engines for its Airbus A330 aircraft.
Reponding to the allegations, Mr Suharto has strenuously denied that he received payment from the firm.
But speaking yesterday a spokesman for the SFO said: "We confirm that the director of the Serious Fraud Office
has opened a criminal
investigation into allegations of bribery and corruption at Rolls-Royce."
The manufacturing giant boasts major sites at Derby and Bristol, as well
as employsing somewhere in the region of 45,000 people
In March, the company appointed BP director Ian Davis, a former managing director of management consultancy McKinsey & Co,
In a brief statement the firm said: "Further to our announcement of December 6 2012 relating to concerns about bribery and corruption in overseas markets, we
have been informed by
the Serious Fraud Office that it has now commenced a
formal investigation into
Rolls-Royce said last year that it has significantly strengthened its compliance procedures in recent years, with measures including a
new ethics code and an
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.