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Market Cap £75.88bn
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UPDATE 1-Bombardier says U.S. joins investigation into Indonesian jet deals

Thu 6th May, 2021 2:17pm
(Adds detail)
    By Allison Lampert
    MONTREAL, May 6 (Reuters) - The United States has joined an
ongoing investigation into Bombardier's  BBDb.TO  sales of jets
to Garuda Indonesia  GIAA.JK  a decade ago, the Canadian
planemaker said on Thursday.
    Bombardier said the U.S. Department of Justice had requested
documents and information in February relating to the
acquisition and lease of its CRJ1000 aircraft to the Indonesian
airline between 2011 and 2012.
    A Bombardier spokesman said the company was cooperating
fully with authorities.  
    Britain's Serious Fraud Office (SFO) said in November it was
investigating Bombardier over suspected bribery in the same
deals.  urn:newsml:reuters.com:*:nL4N2HR4DF
    Bombardier is the latest aerospace group to face scrutiny
over the use of middlemen in past jet deals.
    Authorities in Britain, France and the United States struck
a record $4 billion bribery settlement with Europe's Airbus
 AIR.PA  last year, as well as a plea deal with British engine
maker Rolls-Royce  RR.L  in 2017.
    Both settlements involved sales of planes or engines to
several airlines around the world, including Garuda.
    Garuda could not immediately be reached for comment out of
regular business hours.
    In May last year, an Indonesian court handed Emirsyah Satar,
Garuda chief executive from 2005 to 2014, an eight-year jail
sentence for bribery and money-laundering related to the
procurement of planes and engines from Airbus and Rolls-Royce.
    In November, shortly after Britain's SFO announced its
investigation into Bombardier, Garuda's current chief executive
and the Indonesia government said they would cooperate with
relevant authorities.
    Bombardier has undergone several changes of leadership since
the deals that are now under investigation.

 (Reporting by Allison Lampert, Tim Hepher and Bernadette
Christina; Editing by David Clarke)
 ((tim.hepher@thomsonreuters.com; +33 1 49 49 54 52; Reuters
Messaging: tim.hepher.thomsonreuters@reuters.net))
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