Oct
01
Defense contractor BAE Systems is reeling from allegations that it was involved in bribery and corruption in relation to the Al-Yamamah arms contract with Saudi Arabia. As a result, the Financial Times reports that it has appointed Deloitte to make sure it meets the highest ethical standards.
It looks like Deloitte really has its work cut out. Saudi Arabia was only one spot on its itinerary with The Wall Street Journal reporting that police have swooped in on the the home and office of Alfons Mensdorff-Pouilly, a 55-year-old Austrian count, over allegations that BAE Systems paid bribes for contracts to sell military aircraft in Austria and the Czech Republic.
no comment untill now