According to Transparency International Sri Lanka (TISL) Executive Director Asoka Obeyesekere the fallout from this deal is widely reported to have cost in excess of 17 billion rupees (USD 116mn [2015]) in cancellation penalties.
Europe’s aerospace champion agreed to pay €3.6 bn in penalties to regulators in France, the UK and the US. Many of the bribes were paid through shell companies set up by executives working for an autonomous strategy and marketing unit. This unit, which managed a corps of middlemen in export markets, concealed the bribes by creating fraudulent contracts, accepting fake invoices for services never delivered, and creating false activity reports, Airbus admitted in the US.Airbus agreed to pay $16 m bribe to SriLankan executive’s wife - Reports
01 Feb 2020
Airbus agreed to pay $16 m bribe to SriLankan executive’s wife - Reports
01 Feb 2020
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!