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Airbus ordered to pay 104 million euros to settle Taiwan missile dispute

Reuters  |  PARIS 

By Tim HepherPARIS (Reuters) - Airbus said on Saturday it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992, the latest French arms company to reach a settlement over disputes arising from one of France's biggest ever arms sales. The scandal around French arms sales to the island in the early 1990s was one of a series of cases that underpinned accusations of widespread corruption during the final years of late French president Francois Mitterrand.Airbus said in a statement that its subsidiary behind the missile contract, Matra Defense, was "reviewing the ...

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First Published: Sat, January 13 2018. 23:44 IST