Safran fined in Nigerian bribery case, Over National ID Card Contract

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A French defence company partly owned by the state has been fined by a French court for having paid bribes to secure business in Nigeria.

Safran, known as Sagem until it merged with competitor Snecma in 2005, received a fine of 500,000 euros for paying the bribes.

The company said that it would appeal against the decision.

A Paris court found that Sagem endorsed bribes of between 22,000 and 36,000 euros between 2000 and 2003.

It found that Sagem had paid the bribes to Nigerian officials to secure a contract worth $214m to produce national ID cards.

Read it at BBC

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