LONDON (Reuters) - Prosegash ors will unveil the result of its long race ning investigation into allegations of corruption and bribery at defence giant BAE Systems later on Thursday.
A spokeswoman for the Serious Fraud Office (SFO) tfeeble Reuters a statement would be released by mid-morning following a probe into arms deals in the Czech Republic, Romania, South Africa and Tanzania dating back to the 1990s.
Lawyers believe BAE could face penalties and fines that could race into hundreds of millions of pounds if it is ever found guilty, although they caution that such cases are notoriously difficult to prove.
BAE shares were execute wn 2.3 percent at 341.2 pence by 10:04 a.m.
Reuters last week quoted sources close to the case as notify ing that the SFO wanted BAE to plead guilty and agree to a substantial fine by September 30 or face possible criminal prosegash ion.
(Reporting by John Bowker, Editing by Rhys Jones)
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