saab admits bribes paid to clinch safrican deal
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Saab admits bribes paid to clinch S.African deal

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleSaab admits bribes paid to clinch S.African deal

Stockholm -AFP
Swedish defence group Saab on Thursday admitted that millions were paid to clinch a South African contract for fighter jets but said its erstwhile British partner BAE Systems had paid the bribes. Saab said 24 million rand (2.5 million euros, $3.5 million) had been paid by BAE in the form of bonuses and salaries between 2003 and 2005 for the deal involving 26 JAS Gripen fighters. The comments came after Sweden\'s TV4 television channel said it had evidence Saab had promised to pay Fana Hlongwane, then advisor to the South African defence minister and also serving as a consultant to the Swedish firm, millions of euros in bonuses if Pretoria did not back out of the Gripen deal. Saab said 24 million rand had been paid by its South African subsidiary Sanip, which was then controlled by BAE Systems. Saab president and chief executive Haakan Bushke denied responsibility saying in a statement: \"A person employed by BAE systems has without Saab\'s knowledge signed for us an unknown contract, signed for us up until now unknown transactions ...\" BAE Systems said last week it had sold its stake in Saab for £152 million (170 million euros, $249 million). The 1999 deal with South Africa provided for the sale of 28 jets for 1.6 billion euros but this was later whittled down to 26. The last plane is due to be delivered next year.
themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saab admits bribes paid to clinch safrican deal saab admits bribes paid to clinch safrican deal

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 11:06 2017 Saturday ,22 April

Cases of Hepatitis B and C Hit 325m

GMT 09:49 2017 Saturday ,16 September

Kazem Al Saher reveals his granddaughter’s gift

GMT 12:08 2017 Monday ,10 July

World's 'oldest' hippo dies at Philippine zoo

GMT 10:03 2017 Wednesday ,21 June

European stocks climb on coat-tails of Wall Street

GMT 15:49 2017 Tuesday ,31 October

BP profits rise as oil prices recover

GMT 09:32 2017 Sunday ,05 November

Nicole Scherzinger unveils debut fragrance Chosen

GMT 13:50 2015 Friday ,30 October

2 British vessels rescue over 540 migrants

GMT 19:41 2017 Sunday ,17 December

Libya’s Haftar announces end of Skhirat Agreement

GMT 08:59 2017 Tuesday ,15 August

Uber board spat over ex-chief Kalanick goes public

GMT 12:15 2017 Friday ,03 November

Roaming male mammoths often fell

GMT 00:38 2017 Monday ,09 October

Royal praise of Bahraini women's advancement lauded

GMT 10:54 2017 Wednesday ,06 September

Spain hit Liechtenstein for eight again

GMT 14:34 2017 Tuesday ,05 December

Jordan sentences Syrian to hang over border bombing
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle