U.S. launches corruption probe into Britain's BAE
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The U.S. justice department has launched a corruption probe into Britain's BAE Systems Plc, a potential headache for Gordon Brown just hours before he succeeds Tony Blair as British Prime Minister.
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Past blunders in the war on terrorism have put Britain's police under heavy scrutiny as they investigate the alleged plotters of a plan to blow up U.S.-bound jetliners.
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The US Department of Justice has launched its own investigation into the allegations of widespread bribery and embezzlement at Siemens, already being probed by the German authorities.
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British police arrested a British citizen on Thursday who the United States accuses of involvement in a scheme to pay kickbacks to Iraq in connection with the scandal-plagued U.N. oil-for-food program.
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BAE Systems is reported to be planning to set up an external ethics committee to look into its arms deals.
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BAE Systems PLC, the aerospace company accused of funneling money to a Saudi prince in a major arms deal, will appoint a former lord chief justice to head a review of business practices, the British Broadcasting Corp. reported Monday.
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Low-cost British clothing retailer Asda, owned by US giant Wal-Mart, has launched an investigation into allegations that its production facilities in Bangladesh were abusing the rights of their workers, The Guardian reported on Monday.
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Leading shares closed weaker on Tuesday, with BAE Systems sharply lower after the US Department of Justice started a probe into its compliance with anti-corruption laws.
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The US Justice Department has opened an investigation into BAE Systems , one of the world's largest arms makers, which has been accused of funneling money to a Saudi prince to help win an $86 billion weapons deal.
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The Federal Bureau of Investigation is investigating whether the Army&#39;s handling of a large Iraq contract with the Halliburton Company violated procurement rules, according to lawyers for an
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Britain&#039;s Office of Fair Trading (OFT)  and the U.S. Department of Justice are investigating alleged  cartel activity involving British Airways Plc (BA)  and  other airlines, BA said on Thursday.
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Surplus Eurofighters could be dropped on high-living Saudis Analysis The long-smouldering debate around allegations of corrupt British arms deals with Saudi Arabia reignited yesterday, as both the Guardian and the Beeb published the results of new investigations.â¦
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The inquiry is part of a broader probe into influence-peddling involving a former Air Force official and the Boeing Company.
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The US operations of BAE Systems have come under the spotlight amid a government probe and as it emerged Wednesday that a US senator has raised concerns about allegations the British arms group violated anti-bribery laws.
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UK authorities have raided British  Airways Plc as part of a transatlantic investigation into an  alleged cartel over airfares and fuel surcharges which saw BA  suspend two senior executives.
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Military officials said Thursday that contracts worth $6 billion to provide essential supplies to American troops were under review by criminal investigators.
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The British arms firm BAE has been given approval by US regulators to go ahead with a Â£2bn takeover of an American military company.