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EADS NV and ThyssenKrupp AG Joint Ventue Atlas Elektronik and Rheinmetall AG Investigated in Germany over Suspicions of Corruption-Reuters

Sunday, 25 Aug 2013 08:47am EDT 

Reuters reported that the German offices of a joint venture belonging to EADS NV and ThyssenKrupp AG, as well as those of Rheinmetall AG have been searched as part of an investigation into suspected corruption linked to an order made by Greece for submarine equipment. The companies are suspected of having paid EUR 18 million in bribes and are also suspected of tax evasion. ThyssenKrupp AG pointed out that it had itself discovered facts relating to the case as part of an internal investigation and had informed the authorities in 2010. 

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