Ex-UK Defense Official Handed 30 Months in Jail for Saudi Bribes [BNN Bloomberg (Canada)]
AIRBUS SE UNSP/ADR (EADSY)
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Source: BNN Bloomberg
Jeffrey Cook, 67 years-old, was convicted of misconduct in public office between 2004 and 2008 last in March. Prosecutors said he hid more than £70,000 ($87,294) of gifts in return for contracts given to the Saudi Arabian National Guard. This was while he was on secondment from the government to a Airbus SE unit. “You made a personal gain at the expense of the public purse,” Judge Simon Picken said at London's Southwark Crown Court on Friday. “This offense is so serious that only a custodial sentence can be justified.” Cook was separately acquitted of corruption charges alongside another defendant John Mason, the ex-joint owner of GPT Special Project Management Ltd., where corrupt payments were allegedly made through. Read More: Ex-UK Defense Official At Heart Of Saudi Cash for Contracts Case ©2024 Bloomberg L.P.
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