Airbus hires outside monitors amid fraud probes


PARIS: Airbus has appointed an independent panel including two former ministers to examine its anti-corruption practices after Britain and France launched fraud and bribery investigations into the sale of jetliners.

Europe’s largest aerospace group said yesterday the three advisers, who include former German finance minister Theo Waigel and former French European affairs minister Noelle Lenoir, will report to chief executive Tom Enders and the board.

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