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BAE snubs bribe probe deal; to review file: reports

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http://www.reuters.com/article/ousivMolt/idUSTRE59317920091004


BAE Systems (BAES.L) turned down the chance to pay 300 million pounds ($477 million) to settle a bribery investigation and is seeking to review evidence against it before trying to agree a deal, newspapers reported on Sunday. The Serious Fraud Office said this week it was prepared to prosecute Europe's biggest defense contractor over allegations the firm used bribery and corruption in arms deals in South Africa, Tanzania, Romania and the Czech Republic dating back to the 1990s.


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