U.S. probes Raytheon’s dealings with consultant for Qatar Armed Forces – WSJ – Reuters
U.S. probes Raytheon’s dealings with consultant for Qatar Armed Forces – WSJ – Reuters
Sept 7 (Reuters) - U.S. authorities are investigating whether payments by U.S. weapons maker Raytheon Technologies Corp (RTX.N) to a consultant for the Qatar Armed Forces may have been bribes intended for a member of the country's ruling royal family, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
A lawsuit filed in California in 2019 included allegations that Raytheon had funneled around 7 million Qatari riyal, or $1.9 million, in payoffs through a Doha-based defense and security-consulting firm that was part-owned by a brother of Qatar's ruling emir, WSJ reported.
The lawsuit was dismissed last year on jurisdictional grounds.