Difference between revisions of "Thales Group"

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|description=Large French weapons manufacturer
 
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==Corruption==
 
==Corruption==
Thales is said to be the only French defence group to permanently get mentioned in judicial affairs.<ref>{{cite web |url=https://www.bakchich.info/international/2006/10/26/thales-49849 |title=Thales: ton univers impitoyable |last=Léger |first=Laurent |authorlink=:fr:Laurent Léger |date=26 October 2006 |website=Bakchich |accessdate=29 January 2015 |language=French}}</ref>
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Thales is said to be the only French defence group to permanently get mentioned in judicial affairs.<ref>https://www.bakchich.info/international/2006/10/26/thales-49849 </ref>
  
 
=== Centralized slush fund ===
 
=== Centralized slush fund ===

Revision as of 00:24, 8 August 2021

Group.png Thales Group  
(Weapons manufacturerWebsiteRdf-entity.pngRdf-icon.png
Predecessor Thomson-CSF
Formation6 December 20000
Parent organizationThales Group
HeadquartersLa Défense, France
LeaderThales/CEO
Subgroups•  Thales Communications
•  Thales Air Defence
•  Thales Underwater Systems
•  Thales Nederland
•  Thales Australia
•  Thales Training & Simulation
•  Thales Alenia Space
•  Thales Optronics
•  Thales Rail Signalling Solutions
•  Thales Information System Belgium
•  Thales UK
Staff63,730
Member ofAtlantic Council/Corporate Members
Large French weapons manufacturer

The Thales Group in 2015, was the 11th largest weapons manufacturer worldwide, and a leading developer of drones.[1]

History

The group Thomson-CSF was founded in 1968. In 1982 François Mitterrand nationalized it and merged it with Thomson-Brandt. In December 2000, this was renamed the Thales Group.

Leadership

Full article: Stub class article Thales/CEO

At least two Thales CEOs have visited the Bilderberg.

Corruption

Thales is said to be the only French defence group to permanently get mentioned in judicial affairs.[2]

Centralized slush fund

Michel Josserand, former head of THEC, a subsidiary of Thales, and Dominique Monleau, stated that Thales has a centralized slush fund that it uses to bribe officials.[3]

ANC

Schabir Shaik, the financial advisor to the president of the African National Congress party Jacob Zuma, was found guilty of organising a bribe on behalf of Thales.[4]

World Bank

In 2004 the World Bank’s Integrity Unit blacklisted Thales from any of the World Bank’s projects for one year because of its fraudulent practices in a US$6.9 million contract for the supply and maintenance of motorcycles in Cambodia.[5]

Taiwanese Naval Order

Around 1991-1993, French state owned Elf Aquitaine was involved (with other companies & countries) in selling frigates to Taiwan. On June 10, 2011 Thales Group and the French Government was ordered to pay 630 million euros (almost a billion US dollars) in fines after the courts heard that bribes had been paid to the Taiwanese government to win this large naval contract. Part (about 27%) of the responsibility was transferred to Thales Group because due to a series of takeovers, it held the legacy from Elf Aquitaine. To this day, this is the largest corruption case in French history. [6]


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References