French court approves Airbus settlement with French prosecutor on Libya, Kazakhstan

The logo of Airbus is pictured on a flag at the entrance of the Airbus facility in Bouguenais near Nantes, France, November 14, 2022. REUTERS/Stephane Mahe/File Photo

PARIS, Nov 30 (Reuters) - A French court on Wednesday approved a 16 million euro settlement Airbus had reached with France's financial prosecution office linked to bribery charges in Libya and Kazakhstan.

The new settlement comes as an extension to a deal struck with prosecutors in 2020, which included record fines against the planemaker.

Prosecutors said Airbus' unlawful dealings in Libya and Kazakhstan had still been under investigation and thus weren't included in the 2020 settlement.

Reporting by Juliette Jabkhiro, writing by Dominique Vidalon, editing by Tassilo Hummel

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