Sri Lanka to probe aircraft deal after Airbus settlement

Sri Lanka's president ordered a fresh investigation Sunday into a multi-billion dollar aircraft purchase involving the island's loss-making national carrier, days after Airbus settled corruption probes in Europe and the US. A French court on Friday approved a deal allowing Airbus to pay 3.6 billion euros ($4 billion) in fines to Britain, France and the US to settle corruption cases sparked by suspicious equipment sales. One of the allegations cited in a judgement and released by a London court Friday concerned the purchase of aircraft by SriLankan Airlines.

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