Austria sues Airbus, Eurofighter consortium over suspected fraud

1487238920

ADVERTISEMENT

VIENNA Austria filed a lawsuit on Thursday against Airbus (AIR.PA) and the Eurofighter consortium, alleging them of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order for Eurofighter jets in 2003, the defense ministry said.

A recently completed ministry investigation found that Airbus and Eurofighter (BAES.L) (LDOF.MI), with fraudulent intent, misled Austria about the purchase price, the deliverability and the equipment of the jets, the ministry said, confirming earlier media reports.

The damages incurred to Austria could amount to 1.1 billion euros, the findings said.

(Reporting by Kirsti Knolle and Alexandra Schwarz-Goerlich; editing by Jason Neely)

Reuters


Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT