German Prosecutor Confirms Investigation Into Airbus Employees

Date : 09/20/2019 @ 2:23PM
Source : Dow Jones News
Stock : Airbus SE (AIR)
Quote : 123.24  -0.76 (-0.61%) @ 1:53PM

German Prosecutor Confirms Investigation Into Airbus Employees

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   By Kim Richters 
 

The public prosecutor in Munich confirmed Friday that it is investigating 17 Airbus employees, as well as other individuals, as part of an investigation into industrial espionage in Germany.

The investigation concerns information that appears to have come from an authority belonging to the German Federal Ministry of Defense, the prosecutor's office said, but didn't give further details.

Previously, German media had reported that the prosecutor was also investigating employees of the German armed forces.

Airbus said earlier this week that it informed German authorities of potential wrongdoing by several employees with respect to customer documents related to two future German procurement projects. Airbus said it was fully cooperating with authorities.

The company declined to comment further on Friday.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

September 20, 2019 10:08 ET (14:08 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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