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Violation Tracker UK Individual Case

Company: GPT Special Project Management Ltd/Airbus
Current Parent CompanyAirbus
Penalty: £30,324,920
Year: 2021
Date: 8 April, 2021
Offence Group: competition-related offences
Offence Type: bribery
Violation Description: Airbus subsidiary GPT pleaded guilty to corruption between December 2008 and July 2010 in relation to contracts awarded to GPT in respect of work carried out for the Saudi Arabian National Guard. In sentencing GPT, the judge ordered the company to pay a confiscation order of £20,603,000, fine of £7,521,920, and costs of £2,200,000.
Action Type: agency action
Agency: Serious Fraud Office
HQ Country of Parent: France
Ownership Structure of Parent: publicly traded
Major Industry of Parent: aerospace and military contracting
Specific Industry of Parent: aerospace & military contracting
Source of Data(click here)