Swiss government pursues BAE over laundering claims

The Swiss government is investigating money laundering charges against British defence company BAE Systems.

Switzerland’s public ministry of the confederation has opened three criminal investigations as a result of alerts by Switzerland's Money Laundering Reporting Office.

BAE Systems has also been investigated by Britain's Serious Fraud Office for its operations in the Czech Republic, Romania, Chile, Qatar, South Africa and Tanzania.

In 2006, the British office dropped a probe into the company that could have implicated Saudi officials over bribes allegedly taken over an arms contract of 53.5 billion euros.

Source: Beijing News