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News/Compliance & Enforcement/Sri Lanka to Probe Aircraft Deal After Airbus Corruption Settlement
News·Compliance & Enforcement Brief

Sri Lanka to Probe Aircraft Deal After Airbus Corruption Settlement

Sri Lanka’s president has ordered a fresh investigation into a multi-billion dollar aircraft purchase involving the country's loss-making national carrier, after Airbus agreed to a $4 billion settlement with France, the United Kingdom, and the United States to settle corruption cases sparked by suspicious equipment sales.

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