Corruption is a recurrent feature of BAE dealings. A multimillion-dollar “slush fund” during the Al Yamamah deal went towards entertaining prominent Saudi Arabian figures on their visits to the West. In 2006, Prime Minister Tony Blair forced his attorney-general to halt the Serious Fraud Office’s investigation into BAE activities abroad as they pertained to Saudi Arabia.
In 2010, BAE pled guilty to conspiring to defraud the U.S. Government and was fined $400 million by the U.S. Department of Justice. A U.K. court ordered a £30 million penalty for the controversial sale of military radar equipment to Tanzania.
The U.S. Department of State subsequently fined BAE $79 million in May 2011 for violations of the Arms Export Control Act. BAE only narrowly escaped debarment from U.S. government contracts.
Former international banker Terry Crawford-Browne claimed that loan agreements between Barclays and BAE covering a BAE arms deals were fraudulent, and that BAE paid bribes of £115 million in order to secure contracts.
BAE attempted to clean up its image by commissioning the Woolf Committee to deliver a report on their ethics policies. However, the report said that BAE “failed to pay sufficient attention to ethical standards.” At BAE’s 2013 AGM, Chairman Dick Olver claimed that BAE was “one of the leading and most ethical companies.”
 David Leigh and Rob Evans (2010): “BAE and the Saudis: How secret cash payments oiled £43bn arms deal”, The Guardian, 5 February, accessed 11.09.2013
 David Leigh and Rob Evans (2007): “How Blair put pressure on Goldsmith to end BAE investigation”, The Guardian, 21 December, accessed 11.09.2013
 Leigh, D., & Evans, R. (2010): “BAE admits guilt over corrupt arms deals”, The Guardian, 6 February, accessed 19.09.2013
 U.S. Department of State (2011): BAE Systems plc Enters Civil Settlement of Alleged Violations of the AECA and ITAR and Agrees to Civil Penalty of $79 million, 17 May, accessed 11.09.2013
 17.07.2012 SAPA (2012): Call to probe Barclays links to arms deal, 17 July, accessed 11.09.2013
 Gray, S., Leigh, D., & Evans, R. (2008): “BAE paid too little heed to ethics, says report”. The Guardian, 6 May, accessed 13.09.2013
 Campaign Against Arms Trade (2013): BAE Systems, accessed 11.09.2013