FTSE 100 +0.64%
Pound/Dollar -0.32%
Brent Crude Oil +0.06%
Cocoa +0.06%
Euro/Dollar -0.05%

Stories

Interpol issues arrest warrant for Samuel Adam Mahama over his role in Airbus bribery scandal

By : Tetteh Djanmanor on 16 Jul 2020, 04:51

Airbus

The International Criminal Police Organisation (Interpol) has issued an arrest warrant for Samuel Adam Fosters aka Samuel Adam Mahama for prosecution over his role in the Airbus bribery scandal.

He is being charged for accepting bribe to influence a public officer and acting in collaboration with a public officer for the public officers private gain.

Ghana is one of five countries in which the European aviation giant, Airbus, paid or attempted to pay millions of dollars in bribes in exchange for contracts, leading a court in Britain to slap a fine of £3 billion on the company.

In court documents and hearings, Airbus admitted five counts of failing to prevent bribery, using a network of secret agents to pay large-scale backhanders to officials in foreign countries, including Ghana, to land high-value contracts.

The scheme was run by a unit at Airbus’ French headquarters, which its one-time chief executive, Tom Enders, reportedly called “bullshit castle”.

According to the report, there are six key actors involved in the scandal regarding Ghana.

Investigators from the UK’s SFO identified them only as Government Official 1 (high ranking and elected), Intermediary 5 (British national and close relative of Government Official 1), Company D (corporate vehicle for Intermediary 5 – shareholder), Intermediary 6 (British national and associate of Intermediary 5), Intermediary 7 (British national and associate of Intermediary 5), as well as Intermediary 8 (Spanish company and front for Intermediary 5).

Source: Myjoyonline.com