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EADS Orders Compliance Review Amid Probes - Corruption Currents - WSJ

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European Aeronautic Defence & Space Co. said Thursday it ordered an external review of its compliance procedures as some of its units are accused of using bribery and corruption to win business.

The review, being conducted by ETHIC Intelligence, began immediately, the defense giant said in a statement calling the reviewer “a leading certification agency specializing in anti-corruption compliance programs.” It should bring first results by the end of February 2013, EADS said.