Swedish prosecutor appeal Bombardier acquittal

FAN Editor

Sweden’s prosecutors have appealed the acquittal of a Russian employee with the local branch of Canadian plane and train maker Bombardier who was accused of aggravated bribery in one of Sweden’s biggest corruption cases to date.

Continue Reading Below

A Stockholm court ruled Oct. 11 “it could not be proven” Evgeny Pavlov “has promised or offered an unfair advantage,” saying it is a prerequisite for the existence of a bribe.

Pavlov was accused of bribery to win a contract for a signaling system with a contract value of around $340 million. In 2013, Bombardier was part of a consortium winning a contract with Azerbaijan Railways for equipment on a 500-kilometer (300-mile) track.

Prosecutor Thomas Forsberg said Wednesday “the key issue … is whether the benefit can be considered unfair or not.”

Leave a Reply

Next Post

Coca-Cola's quarterly profit jumps 38%

Oct 25 (Reuters) – Coca-Cola Co reported a 38 percent jump in quarterly profit, helped by cost-cutting and higher demand for Sprite and tea and coffee in North America, its biggest market. Continue Reading Below Net income attributable to the company’s shareholders rose to $1.45 billion, or 33 cents per […]