--India's Central Bureau of Investigation, or CBI, has accused Rolls-Royce and BAE Systems of corruption over deals to provide fighter aircraft to the country, the Financial Times reports.

--The CBI alleges that between 2003 and 2012 both companies engaged in a "criminal conspiracy" over deals to manufacture dozens of BAE Hawk jet fighters which used Rolls-Royce engines, according to the FT.

--The bureau has filed a criminal complaint, based on a preliminary inquiry launched in 2016, which sets out the allegations for further investigation, the FT reports.

--Rolls-Royce said it was "continuing to assist the Indian authorities" on the probe, while BAE said it "would be inappropriate to comment on an ongoing investigation," according to the FT.

Full story: https://shorturl.at/erwRY

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

(END) Dow Jones Newswires

May 30, 2023 10:44 ET (14:44 GMT)

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