Rolls-Royce plc, Britain’s leading manufacturing multinational, hired a network of agents to help it land lucrative contracts in at least 12 different countries around the world, sometimes allegedly using bribes. An investigation by the Guardian and the BBC has uncovered leaked documents and testimony from insiders that suggest that Rolls-Royce may have benefited from the use of illicit payments to boost profits for years. The network of agents is now the focus of large-scale investigations by anti-corruption agencies in the UK and the US. The Guardian understands the inquiries are looking into specific allegations that these hired intermediaries were bribing people. One individual who it is alleged has worked for Rolls-Royce is a businessman whose family has donated more than £1.6m to the Liberal Democrats and is currently an adviser to the party’s leader, Tim Farron. Sudhir Choudhrie and his son, Bhanu, have been arrested and questioned by the SFO over the bribery allegations. Both denied wrongdoing and were released without charge.
Guardian 31st Oct 2016 read more »