Rolls-Royce warns it may face corruption charges
"It is too early to predict the outcomes, but these could include the prosecution of individuals and of the company," Rolls-Royce said in a statement.
The British group said it had "passed information to the Serious Fraud Office(SFO)relating to concerns about bribery and corruption involving intermediaries in overseas markets."
It added: "This follows a request for information from the SFO about allegations of malpractice in Indonesia and China. Investigations by Rolls-Royce have identified matters of concern in these, and in other overseas markets."
Rolls-Royce said it would co-operate fully with the SFO.
"I want to make it crystal clear that neither I nor the board will tolerate improper business conduct of any sort and will take all necessary action to ensure compliance," said Rolls-Royce chief executive John Rishton.
"This is a company with exceptional prospects and I will not accept any behaviour that undermines its future success," he said in the statement.
Rolls-Royce added that it had significantly strengthened its compliance procedures in recent years, including the introduction of a new ethics code.
"As a further measure, Rolls-Royce will appoint an independent senior figure who will lead a review of current procedures," it announced on Today.
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