The UK Serious Fraud Office has been granted special funding from the Treasury for a bribery investigation of jet engine-maker Rolls-Royce in China and Indonesia, the Financial Times reported Sunday.
Entries in Air China (5)
Tommy Suharto, left, the youngest son of Indonesia's former president, has denied receiving cash and a luxury car from Rolls-Royce Holdings Plc, his lawyer said.
The head of Rolls-Royce's aerospace division resigned Monday amid reports the company is close to resolving civil charges with the Serious Fraud Office for bribery in China, Indonesia, and other countries.
Rolls-Royce appointed an outside lawyer to investigate allegations of overseas bribery in China and Indonesia.
If allegations from a pseudonymous blogger are true, Rolls-Royce propelled itself into the Asian market with the help of payments passed to an executive of Air China and China Eastern Airlines.