In recent developments, police in France, Spain, and the Netherlands have conducted searches at the offices of French military equipment supplier Thales as part of a corruption investigation. According to a judicial source, the company is under investigation in two separate cases.
The first investigation, initiated in 2016, focuses on suspected corruption involving the sale of submarines and the construction of a naval base in Brazil. The second investigation, opened a year ago, pertains to alleged corruption and influence trafficking related to the sale of military and civilian equipment abroad.
Thales reiterated its commitment to adhering to national and international regulations and highlighted its comprehensive compliance program. The company remains cooperative with the authorities and is committed to upholding the highest industry standards in its operations.
Despite ongoing investigations into Thales’ alleged corruption activities, the company has maintained its global presence and broad product range. Its operations have drawn scrutiny in multiple countries as authorities delve deeper into potential wrongdoing.