Fine for Bae Could Hit Pounds 1 Billion ; Sfo Talks About a Pounds 1bn Fine for Bae

Summary


THE Serious Fraud Office has discussed fines of up to Pounds 1 billion for defence and aerospace giant BAE Systems, which has until midnight on Wednesday to plead guilty to bribery charges.

Though the SFO does not have the power to impose fines, its recommendations could influence a judge.

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Fine for Bae Could Hit Pounds 1 Billion ; Sfo Talks About a Pounds 1bn Fine for Bae

A source close to BAE said there was a 50-50 chance of it agreeing a plea bargain by the deadline...

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