Bail granted to two suspects in Rolls-Royce bribery case

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By TESTCustomwebLP TESTCustomwebLP September 8, 2014 15:56

Bail granted to two suspects in Rolls-Royce bribery case

Two men arrested as part of the UK’s Serious Fraud Office (SFO) investigation into concerns of possible bribery and corruption at Rolls-Royce in Asia have had their bail lifted, according to UK media.

Sudhir Choudhrie and his son Bhanu were arrested in February.

Bail for the pair was lifted in July in an indication that they are expected to play no further part in the inquiry.

UK media cited a spokesman for the Choudhries as saying “they deny any wrongdoing and have co-operated fully with the authorities”, echoing their spokesman’s comments in February.

Rolls-Royce, the world’s second-largest maker of aircraft engines, said in December the SFO had launched a formal investigation into concerns of possible bribery and corruption in China and Indonesia.

A year earlier, it had passed information to the SFO relating to bribery and corruption involving intermediaries in overseas markets, and said it could face prosecution.

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By TESTCustomwebLP TESTCustomwebLP September 8, 2014 15:56