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Redistribution of the content is prohibited without prior consent of Military Periscope.</p></div></div></div></div><div class="Toastify"></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"componentName":"NewsPage","componentProps":{"title":"Accounting Failure Costs BAE Systems Over Tanzanian Radar Deal","slug":"accounting-failure-costs-bae-systems-over-tanzanian-radar-deal","publishedDate":"2010-12-21T00:00:00+0000","story":"\u003cp\u003eA British judge has fined BAE Systems US$776,000 for failing to keep proper accounts during a competition for a Tanzanian military radar contract, reports BBC News.\n\u003c/p\u003e\u003cp\u003e \nThe company failed to keep appropriate payment records of US$12 million to a Tanzanian businessman ahead of winning the US$43 million radar deal, said the court.\n\u003c/p\u003e\u003cp\u003e \nBAE Systems had already made a settlement with the British Serious Fraud Office.\n\u003c/p\u003e\u003cp\u003e \nAccordingly, BAE will deduct the fine from the US$47 million it had...\u003c/p\u003e","countryList":[{"name":"United Kingdom","type":"country"}],"lastPublishedAt":"2010-12-21T00:00:00+0000","seoTitle":"","searchDescription":"","seo":{"seoHtmlTitle":"Accounting Failure Costs BAE Systems Over Tanzanian Radar Deal — News — Military Periscope","seoMetaDescription":"","seoOgTitle":"Accounting Failure Costs BAE Systems Over Tanzanian Radar Deal","seoOgDescription":"A British judge has fined BAE Systems US$776,000 for failing to keep proper accounts during a competition for a Tanzanian military radar contract, reports BBC News. 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