A Paris court, on Wednesday, fined electronics group SAFRAN 500,000 euros ($630,000) for bribing Nigerian officials to obtain a huge ID card contract in 2002/2003.
The case concerned offences committed by former electronics firm SAGEM, which merged with SNECMA in 2005 to form SAFRAN, a major French electronics, aerospace and defence group.
According to Reuters, magistrates found that the bribes had helped SAFRAN win a 170 million euro contract to make more than 70 million identity cards.
The charges stem from allegations by former Nigerian president, Chief Olusegun Obasanjo, that between 2000 and 2003, SAGEM executives paid Nigerian officials bribes ranging from $30,000 to $500,000 to win the $214 million identity card contract.
The court dropped charges against two former SAGEM executives: Jean-Pierre Delarue, then a sales manager with the company in Nigeria, and Francois Perrachon, then the company's director for identification systems in Paris.
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