Friday, January 31, 2020

Airbus and the Ghost of Brian Mulroney



A blast from the past. A German-Canadian huckster. A former Progressive Conservative cabinet minister. A dodgy prime minister. A European aircraft giant with a reputation for handing out easy money.  Karl Heinz Schreiber, Elmer MacKay, Brian Mulroney and Airbus.

Schreiber went into a German jail cell. Elmer, late father of Peter, took his secrets to the grave. Brian went to a coffee shop to collect envelopes stuffed with cash. And Airbus - well it's still at it.
Airbus, Europe’s largest aerospace multinational, is to pay a record £3bn in penalties after admitting it had paid huge bribes on an “endemic” basis to land contracts in 20 countries. 
Anti-corruption investigators hailed the result as the largest ever corporate fine for bribery in the world after judges declared that the corruption was “grave, pervasive and pernicious”. 
The planemaker agreed to pay the penalties on Friday after reaching settlements with investigators in the UK, France and the US to end inquiries that started four years ago.
Like that horrible TV show where they're constantly trying to recover pirate treasure from Nova Scotia's Oak Island, the 'commission' Airbus admits it paid to cinch the Air Canada deal but never divulged to whom remains a deeply buried secret.

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