(Photo: The Economic Times)
Britain’s Serious Fraud Office (SFO) charged the UK president of French engineering company Alstom <ALSO.PA> with offences of corruption and conspiracy to corrupt in connection with some train contracts with the Budapest Metro.
The alleged offences by Terence Stuart Watson, who is also the managing director of Alstom Transport UK & Ireland, relate to the supply of trains to the Budapest Metro between Jan. 1, 2003 and Dec. 31, 2008, the SFO said on Tuesday.
Alstom did not immediately respond to an email seeking comments and was not reachable via phone. Reuters could not immediately contact Watson or his lawyers for comments.
The full original article can be found at euronews.com