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Published 21 days ago • loading... • Updated 21 days ago
Airbus says it paid £6 million fine in UK export control probe
Airbus said it self-reported the violations and fully cooperated, while HMRC called the £6.4 million settlement its largest for strategic export offences.
Airbus said on Wednesday it had paid just over £6.4 million to UK revenue and customs authorities to settle a two-year-old investigation into export control violations.
Airbus, an aircraft manufacturer, has closed a two-year investigation procedure with the British Customs and Tax Authority. The focus of the investigation was on the cross-border transfer of components for a military aircraft – and an incident that had caused headlines in a similar form in 2020.