July 4, 2024 7:43 pm
Thales offices in France, Spain, and the Netherlands searched in corruption probe

In France, Spain, and the Netherlands, police conducted searches at the offices of French military equipment supplier Thales as part of a corruption investigation, according to a judicial source. The company’s spokesperson confirmed the searches had taken place and stated that Thales is cooperating with the authorities.

Thales, a global company with operations in 68 countries and a wide range of products, is under investigation in two separate cases. The first investigation, initiated in 2016, focuses on suspected corruption involving the sale of submarines and the construction of a naval base in Brazil. The second investigation, opened a year ago, pertains to alleged corruption and influence trafficking related to the sale of military and civilian equipment abroad.

The investigations into Thales are ongoing as authorities delve deeper into the alleged corruption activities. Thales’ global presence and broad product range have drawn scrutiny in multiple countries, leading to searches and investigations to uncover any potential wrongdoing. Despite this scrutiny, Thales remains committed to upholding the highest industry standards in its operations and has reiterated its commitment to adhering to national and international regulations.

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