
Airbus Under UK Criminal Probe Over Potential Export Control Breach
Published on August 2, 2024
Airbus has been under criminal investigation in the UK over potential breaches of export control rules, the aerospace and defence company has confirmed. The investigation was launched by HM Revenue and Customs (HMRC) following an an audit by a Department for Business and Trade team responsible for the export controls and licensing for military and dual-use items. HMRC has declined to comment on any investigations. The revelation first emerged on Tuesday in Airbus’s half-year financial report, in which the company said it was “fully cooperating with an investigation by the Revenue and Customs Authority of the United Kingdom into possible violations of the United Kingdom’s export control rules.”...
