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Airbus admits to paying at least 340,000 euros in bribes to Nepali officials

A settlement reached by Airbus with financial authorities in France, UK and US alludes to a total financial commitment of $1.8 million and says the payment is ‘likely to qualify as bribery of a foreign public official’. Airbus admits to paying at least 340,000 euros in bribes to Nepali officials
Nepal Airlines took delivery of the first of the two Airbus A320s in February 2015. Post File Photo
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Sangam Prasain
Published at : February 4, 2020
Updated at : February 4, 2020 07:49
Kathmandu

Sangam Prasain

Sangam Prasain is Business Editor at The Kathmandu Post, covering tourism, agriculture, mountaineering, aviation, infrastructure and other economic affairs. He joined The Kathmandu Post in October 2009.


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