BAE Systems plc (LON:BA) Bribery Case Is Back

It has been reported that BAE Systems plc (LON:BA) is facing an inquiry into a decades-old Saudi bribery case. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full BA chart at Wikinvest BAE Systems plc (LON:BA) Bribery Case Is Back BAE Systems plc (LON:BA), the U.K. based defense contractor, is facing an inquiry regarding an arms deal with Saudi Arabia. The case was filed in 1980, but was abandoned in 2006. But now a senior parliament member demanded a new probe into the same case. Britain's Serious Fraud Office (SFO) had told in 2007 that it had collected evidence of the bribery. It was reported that BAE Systems plc (LON:BA) had paid more than $70 million to a senior Saudi official and overseas agents to influence this particular arms contract. BAE Systems plc (LON:BA) stocks stood at 306.4 at the end of the last trading session. Price History Last Price: 306.4 52 Week Range: 288.10- 389.90 Last Vol: 16285452 3 Month Vol: 66546500
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