Space Industry and Business News  
MILPLEX
Austrian arms lobbyist convicted of money laundering
by AFP Staff Writers
Vienna (AFP) Sept 12, 2022

A Vienna court on Monday found an Austrian arms lobbyist guilty of money laundering related to European defence giant EADS, now renamed Airbus.

Alfons Mensdorff-Pouilly received a six-month suspended prison sentence and was ordered to pay 50,000 euros ($50,600), deemed to have been "ill-gotten gains", a spokesman of the Vienna regional court told AFP.

Both sides can still appeal the verdict. Mensdorff-Pouilly has denied the charge.

According to the indictment, Mensdorff-Pouilly is said to have moved assets for a former division manager of Eurofighter manufacturer EADS, which became the Airbus Group in 2014.

This manager allegedly transferred millions of euros from 2005 by means of fake contracts mostly to a slush fund.

In a separate case, Mensdorff-Pouilly was acquitted of money laundering in 2013 but given a two-month suspended prison sentence for the lesser crime of falsifying evidence.

In that case, Mensdorff-Pouilly, a colourful count, had been accused of greasing the palms to win arms contracts as British defence giant BAE Systems' alleged central and eastern Europe fixer.

The prosecution's case was weakened by the fact that BAE executives were not obliged to testify after the firm's controversial $450-million settlement with US and British authorities to settle this and other cases in 2010.

The Eurofighter Typhoon is a major prestige product for the European defence industry, with hundreds of aircraft delivered to Germany, Britain, Italy and Spain, as well as to Austria and Saudi Arabia.

The four founding nations in the consortium -- Germany, Spain, Britain and Italy -- all use the planes in their own air forces. Other contracts have been signed with Oman and Kuwait.

In 2020, under a settlement struck by Airbus with French, British and American courts, the company agreed to pay 3.6 billion euros in fines to settle corruption probes into some of its aircraft sales.

jza/imm

AIRBUS GROUP

BAE SYSTEMS


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


MILPLEX
Western arms production to ramp up as Ukraine burns through stockpiles
Washington (AFP) Sept 12, 2022
Western governments are mobilizing their arms manufacturers to ramp up production and replenish stockpiles heavily diminished by supplying Ukraine's six-month-old battle against Russia's invasion. US Defense Secretary Lloyd Austin announced this week a meeting of senior national armaments directors from allied countries to make long-term plans for supplying Ukraine and rebuilding their own arms reserves. "They will discuss how our defense industrial bases can best equip Ukraine's future forces w ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

MILPLEX
Ramon and Kythera partner to deliver autonomous communications payload solutions

In Nigeria, finding value in waste recycling

New ice-shedding coating is 100x stronger than others

Ocean lidar remote sensing technology based on Brillouin scattering spectrum

MILPLEX
SciTec awarded US Space Force contract for mission data processing application provider

Airbus to provide satellite communications for Armed Forces of Czech Republic and the Netherlands

Lockheed Martin, AT&T demonstrate 5G high speed transfer of Black Hawk data to 5G.MIL Pilot Network

ATLAS Space Operations secures $26M in Series B funding led by Mitsui

MILPLEX
MILPLEX
Latest Galileo satellites join constellation with enhanced, faster fix

MariaDB reimagines how databases deliver geospatial capabilities with acquisition

Space Systems Command awards GPS support contract to Lockheed Martin

Safran acquires Orolia and plans to become the world leader in resilient PNT

MILPLEX
Airbus partners with Hiratagakuen to test future eVTOL flight routes

United Airlines spends $15M for 200 electric air taxis

Turkey may turn to Russia if US blocks F-16 sales: Erdogan

Israel PM, standing next to F-35 jet, warns Iran of 'long arm'

MILPLEX
Foxconn strikes $19.4 bn deal to make chips in India

Modified microwave oven cooks up next-gen semiconductors

Making mini-magnets

Biden says US must develop chips to keep up with China

MILPLEX
Planet Partners with Taylor Geospatial Institute to leverage data food security and more

Atmospheric scientists study under-researched role of clouds in regulating Earth's temperature

MTG-I1 weather satellite shows off

Taking the dazzle out of CryoSat yields a first

MILPLEX
Bin-opening cockatoos enter 'arms race' with humans

Scientists discover how air pollution triggers lung cancer

Study finds surge in illegal gold mining in Brazil

Heatwaves and wildfires to worsen air pollution: UN









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.