January 31, 2020 / 2:55 PM / 24 days ago

Airbus to be under compliance control for three years - French court

FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau/File Photo

PARIS (Reuters) - European planemaker Airbus must accept a three-year ‘light compliance monitoring’ by the French anti-corruption agency under corruption settlement terms, a French court said on Friday.

The French court also said a deal between Airbus and the French financial prosecutor to settle a corruption probe has been approved by all parties.

Reporting by Laurence Frost and Simon Carraud; Writing by Matthieu Protard; Editing by Elaine Hardcastle

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