Word: statement
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...prosecute BAE over allegations - consistently denied by the company - that the company paid millions of dollars in bribes to land lucrative business from countries in Africa and Eastern Europe. The agency will soon ask Britain's Attorney General for permission to start legal proceedings, it said in a short statement. BAE, for its part, would "deal with any issues raised in those proceedings at the appropriate time," the company said in response to the SFO's announcement. "And, if necessary, in court...
...Romania and radar equipment to Tanzania. In negotiating with the company, the SFO has hoped to extract a plea bargain - it's thought that BAE has been mulling a settlement, though it's unclear what, if anything, the firm would consider admitting to. But given the company's statement, it also appears BAE is ready to defend itself in court. (Read: "Court Blasts Blair Government...
...prospect of a trial - not to mention the enormous financial penalties BAE would face if found guilty - was enough to worry some of the firm's investors. The company's stock fell more than 5% Thursday following the SFO's statement. After a checkered few years, BAE's reputation will likely fare little better. Concern for Britain's national security pushed the British government in 2006 to order a halt to a separate SFO probe into allegations that BAE paid bribes to secure business with Saudi Arabia in the mid-1980s. The inquiry into the $69 billion "Al-Yamamah" arms...
Tehran's approach has been to try to deal with the nuclear issue through the IAEA exclusively and to reject U.N. Security Council demands that it freeze uranium enrichment. Its insistence on its nuclear "rights" is a statement of its rejection of the demand from Western countries that it give up the right to enrich uranium, even for peaceful purposes, because of concerns about its intentions. Washington and its allies are debating whether the West can sustain that demand or could accept continued enrichment in Iran but under stricter safeguards against weaponization. Iran is making clear where it plans...
...inquiry says the conflict started the moment Georgia shelled the South Ossetian capital of Tskhinvali on the night of Aug. 7-8, 2008. "In the mission's view, it was Georgia which triggered off the war when it attacked Tskhinvali with heavy artillery," Tagliavini said in a statement accompanying the report. The document condemns the bombing, saying it was an overly aggressive response to the provocation. "It is not possible to accept that the shelling of Tskhinvali ... would satisfy the requirements of having been necessary and proportionate in order to defend those villages," it says...