Credit guarantees worth millions of pounds given to Rolls-Royce by the government to help it win export deals are being investigated to see whether the engineering giant obtained them fraudulently. Civil servants are examining support given by UK Export Finance to (UKEF) the company to help it land foreign sales, after Rolls last month admitted using bribes to seal overseas contracts. The FTSE 100 engineer agreed to pay a total of £671m to the Serious Fraud Office and regulators in the US and Brazil after it admitted decades of making corrupt payments. Andy Watson is from Transparancy International, and first told Share radio's James Bydges what Rolls Royce had done wrong.

Published: Wed 8 February 2017