U.S. Launches Corruption Investigation of BAE’s Business with Saudi Arabia

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Saturday, September 1, 2007
Author: 
Bruce Zagaris
Volume: 
23
Issue: 
9
346
Abstract: 
On June 26, 2007, BAE announced that the U.S. Department of Justice had launched a formal investigation into BAE Systems’ compliance with anti-corruption law, focusing on the company’s business dealings with the Kingdom of Saudi Arabia. BAE shares dropped more than 10 percent in London trading following the announcement...more