Tank maker KNDS investigates 2013 Qatar deal, finds no evidence of misconduct

Tank maker KNDS investigates 2013 Qatar deal, finds no evidence of misconduct
  • Country:
  • Germany

Franco-German ​tank maker KNDS said ​on Wednesday ‌it had ​launched an investigation into a legacy transaction with the ‌Qatar armed forces dating back to 2013, which is being conducted by external legal counsel ‌and advisory firms and includes an assessment ‌of a previous review.

"Based on the current findings of the ongoing investigation, which is well advanced ⁠but ​remains subject ⁠to completion, there is no evidence which would warrant ⁠the conclusion that any KNDS employees (past or present) ​involved in the transaction engaged in criminal ⁠misconduct," the company said in a statement.

The contracts ⁠in ​question, originally signed by KNDS predecessor Krauss-Maffei Wegmann, covered the procurement of ⁠24 PzH 2000 artillery systems, 62 Leopard 2 tanks, ⁠further ⁠defense equipment, related services as well as training and simulation equipment, KNDS ‌said.

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