THE GUARDIAN: Guardian campaign vindicated by weapons maker's admissions over Saudi al-Yamamah contract and other cases
The British arms firm BAE Systems has accepted guilt and agreed to pay penalties in the US and the UK totalling several hundred million dollars to settle all the long-running corruption allegations against it.
Under the deal, announced simultaneously in London and Washington this afternoon, BAE will pay $400m (£255m) in the US and £30m in the UK.
In the US, the company will plead guilty to offences of false accounting to settle bribery allegations made over the enormous al-Yamamah arms deals with Saudi Arabia stretching back more than 20 years, as well as corruption allegations over arms deals in central Europe. >>> David Leigh and Rob Evans | Friday, February 05, 2010
THE GUARDIAN: To the BAE files and videos >>>
