BAE Systems fined for failing to keep proper records

Defence giant BAE Systems was today fined £500,000 (€589,205) for failing to keep proper records of payments to an adviser in the east African country of Tanzania.

Payments totalling about $12.4m (€9.43m) were made to two companies controlled by Tanzania-based businessman Shailesh Vithlani between January 2000 and December 2005, Southwark Crown Court has heard.