The French court in Paris approved a deal with aircraft maker Airbus to pay a €15.9 million fine to avoid prosecutions in Libya and Kazakhstan between 2006 and 2011.
During a public hearing, the president of the Paris Court, Stéphane Noel, approved the public interest legal agreement signed between Airbus and the National Financial Prosecutor’s Office on November 18.
On January 31, 2020, Airbus reached an agreement agreeing to pay a fine of €3.6 billion, including €2.1 billion to France, to avoid prosecution in French, British and US courts for “breach” of contracts. . It is contracted for the sale of aircraft or military equipment.
The investigation into the “Libyan funding” case began in 2013 and was based on suspicions that former French President Nicolas Sarkozy’s 2007 election campaign received funding from Libya. The investigation focused on the purchase, in late 2006, of 12 Airbus aircraft by the regime of the late Libyan Colonel Muammar Gaddafi.
As for the “Kazakh Gate” investigation, it was opened in March 2013 and was based on suspicions of corruption and bribes paid to intermediaries behind contracts awarded by France to Kazakhstan in 2009 and 2010 during the Sarkozy era.
Source: EuroNews
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