BAE Acknowledges Arrest Of CEO
LONDON [MENL] -- BAE Systems has acknowledged that its chief executive
officer was arrested in the United States.
BAE said chief executive officer Mike Turner and non-executive director
Nigel Rudd were detained when they landed in a Houston airport on May 12.
The company said both men were served with subpoenas as part of a Justice
Department investigation into BAE arms sales to Saudi Arabia.
"It served a number of additional subpoenas in the U.S. on employees of
BAE Systems PLC and BAE Systems Inc. as part of its ongoing investigation,"
BAE said on Monday. "The company has been and continues to be in discussion
with the DoJ [Department of Justic] concerning the subpoenas served in the
course of its investigation."