BOGOTA, Feb 13 (Reuters) - Colombian airline Avianca is a "sufferer" within the international scand
BOGOTA, Feb 13 (Reuters) – Colombian airline Avianca is a “sufferer” within the international scandal surrounding years of alleged bribes paid by producer Airbus AIR.PA to bolster gross sales of its planes, Avianca’s chief govt mentioned on Thursday.
The airline is conducting an inner investigation and is the topic of a probe by Colombian authorities associated to a $four billion settlement between Airbus and prosecutors in the US and Europe over bribery and corruption stretching again no less than 15 years.
French prosecutors have mentioned Airbus paperwork present multi-million greenback commissions paid to an agent for jet gross sales to Avianca, together with some meant for a high-ranking govt at dad or mum firm Avianca Holdings SA AVT_p.CN.
The funds had been thwarted by a freeze on agent commissions as Airbus tightened processes in 2014, they mentioned.
“We had been made conscious of the difficulty round 10 days in the past, it got here out in France, it’s clearly one thing very severe for us and that is why we launched our…