Rolls-Royce, one of the world’s largest makers of engines for commercial airplanes, said Thursday it was cooperating with the Serious Fraud Office on an investigation into alleged corruption at some overseas business operations.
Rolls-Royce passed findings of an internal investigation to the SFO relating to concerns about bribery and corruption at intermediaries in Indonesia and China. The company said it was too early to speculate on the outcome of the investigation but it could include the prosecution of individuals and the company. Rolls-Royce, which makes engines that power Airbus A380s and Boeing’s Dreamliner among other models, said it had recently strengthened its compliance procedures.
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