JOIN USThe UK Serious Fraud Office (SFO) on Friday started criminal proceedings against the French major Alstom SA for alleged corruption related to large transport projects in India and two other countries.
A diversified group with global footprints, Alstom is into rail, power and electricity transmission sectors.
The SFO has commenced criminal proceedings against an Alstom company in the UK by written charge, as part of an ongoing investigation.
“Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, has been charged with three offences of corruption,” the investigation agency said in a statement.
When contacted, an Alstom spokesperson said the company was in touch with the SFO with regard to these investigations and would continue to cooperate on the same.
While the SFO statement did not disclose specific details about the Indian project, earlier reports have said Alstom was being investigated for alleged instances of corruption with regard to its work for the Delhi Metro project in India, along with some others.