Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  AIRBUS GROUP    AIR   NL0000235190


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

EADS : Swiss Attorney General Confirms House Searches in EADS Probe

11/13/2012 | 06:37am US/Eastern

By Neil MacLucas

ZURICH--The Swiss Attorney General's office Tuesday confirmed it has searched properties in Switzerland at the request of its Austrian colleagues, who are investigating alleged corruption involving the sale of European Aeronautic Defence & Space Co.'s (EAD.FR) Eurofighter jets.

The Bern-based office told Dow Jones Newswires that it "instructed federal police to conduct several house searches in Switzerland at the request of Austrian prosecutors," but spokeswoman Jeannette Balmer declined to comment further.

Last week, Austrian financial daily Wirtschaftsblatt reported on its website that the case concerns possible bribes tied to Austria's purchase of Eurofighter jets from EADS.

The article said prosecutors in Vienna alerted investigators in Switzerland and Germany to the allegations, and searches in both countries have now been confirmed.

EADS also confirmed the probe and told Dow Jones Newswires last week that prosecutors have searched three sites in Munich.

Swiss daily Tagesanzeiger Tuesday reported that Swiss authorities searched the home of a German citizen who is suspected of registering several front companies in Switzerland, which were then used to launder around 10 million euros ($12.7 million) of bribes paid by EADS.

Write to Neil MacLucas at

Subscribe to WSJ:

Recommend :
React to this article
Latest news on AIRBUS GROUP
3h ago JETBLUE AIRWAYS : Airbus Corporate Foundation, JetBlue and Luftfahrt ohne Grenze..
6h ago AIRBUS : gives awards to high-flying duo
1d ago AIRBUS : EASA certifies Airbus Helicopters’ EC225 gear shaft redesign
1d ago AIRBUS : Flexible bandwidth control with Pharostar VSAT supports cost-effective ..
1d ago AIRBUS : Defence and Space deploys LTE based mobile CCTV solution as part of the..
1d ago AIRBUS : Mersey trio in queen's awards
1d ago JETBLUE AIRWAYS : New Airbus takes humanitarian aid to Haiti
2d ago AIRBUS : Late strikes seal Town win
2d ago AIRBUS : Top award for export success goes to Airbus ; Major overseas growth
2d ago AIRBUS : Sorry Airbus are grounded ; WELSH PREMIER
Duration : Period :
AIRBUS GROUP Technical Analysis Chart | AIR | NL0000235190 | 4-Traders
Income Statement Evolution
AIRBUS GROUP : Income Statement Evolution
More Financials
Dynamic quotes