KNDS says Munich prosecutors enquiring about 2013 Qatar arms deal
Munich prosecutors have opened a preliminary inquiry into a 2013 multi-billion-euro arms deal between German-French defence manufacturer KNDS and Qatar, amid allegations of bribery linked to the contract, KNDS said on Thursday.
The case centres on a 2013 contract for the sale of 62 Leopard 2 tanks and 24 Panzerhaubitze 2000 artillery systems to the Gulf emirate, worth about €1.89 billion ($2.19 billion). KNDS said it had commissioned external experts earlier this year to review the deal after allegations that millions of euros in commissions paid to a consulting firm in Qatar may have been disguised bribe payments.
The review is at an advanced stage, the company said in response to a Reuters query, adding that it had found no indications that employees had engaged in criminal conduct. A spokesperson for the Munich public prosecutor's office confirmed that a preliminary inquiry was in progress but declined to provide further details.
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