OECD pressures Britain over BAE corruption probe
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OECD anti-bribery experts raised pressure on the government on Wednesday over its decision to scrap a corruption probe into dealings by defence group BAE Systems with the Saudi Arabian royal family.
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The US operations of BAE Systems have come under the spotlight amid a government probe and as it emerged Wednesday that a US senator has raised concerns about allegations the British arms group violated anti-bribery laws.
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Britain's security services have been accused by officials from Equatorial Guinea of failing to investigate British businessmen linked to a failed coup in the oil-rich central African country, The Times newspaper said.
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WASHINGTON, Jun 27 (IPS) - The U.S. Justice Department is investigating  allegations of bribery by the British defence contractor BAE  Systems to Prince Bandar Bin Sultan, a high-ranking member of the  Saudi royal family with wide contacts and relations here.
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Britain&#039;s Office of Fair Trading has said it was investigating &amp;quot;alleged price coordination&amp;quot; related to the imposition of fuel surcharges within the airline sector and that it had visited British Airways as part of the probe.
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Royal Mail faces an EU probe into whether funding received was illegal under laws governing state aid.
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Defence giant BAE Systems announced Friday the creation of an independent committee to evaluate the firm&#39;s business practices and ensure they abide by the highest ethical standards.
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The US Justice Department has opened an investigation into BAE Systems , one of the world's largest arms makers, which has been accused of funneling money to a Saudi prince to help win an $86 billion weapons deal.
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The Home Office confirms it has been asked to give legal assistance to the US investigation of BAE's past arms deals with Saudi Arabia.
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The Tories have today called for an inquiry into Gordon Brown's leadership campaign amid claims his bid to become the next prime minister is being partially bankrolled by senior businessmen he employed at the Treasury.
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The former chairman of Royal Dutch/Shell Group, Sir Philip Watts, petitioned a British regulatory body for permission to challenge some of its findings on Shell's oil reserves scandal.
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UK chancellor Alistair Darling joins calls for a probe into the role credit agencies played  in the world financial crisis.
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Britain&#039;s Office of Fair Trading (OFT)  and the U.S. Department of Justice are investigating alleged  cartel activity involving British Airways Plc (BA)  and  other airlines, BA said on Thursday.
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US Department of Justice virtually certain to open investigation into BAE under the Foreign Corrupt Practices Act.
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LONDON  -- The government said on Friday it was considering a request for cooperation from United States investigators who are probing alleged corruption at BAE Systems, including in its dealings with Saudi Arabia. The Home Office denied a report in the Guardian saying ministers were refusing to cooperate with the U.S. probe, launched in June, into the defense firm's compliance with anti-corruption laws. Washington sent the Home Office a formal request for legal assistance with its inquiry into BAE more than two months ago, the Guardian said. The Guardian said Home Secretary Jacqui Smith had refused to pass on the request to the Serious Fraud Office for processing, a step needed for SFO investigators to speak to U.S. authorities.
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An official inquiry in Britain showed on Tuesday that former British Home Secretary David Blunkett was linked to a breach of the rules of his office in the case of the fast-tracking
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LONDON Corruption is crippling the battle against poverty and robbing oil-rich countries like Iraq of their development potential, a respected global graft watchdog group said Wednesday in an annual report.