Chemring under criminal investigation by UK fraud office

Inquiry includes subsidiary and employees at weapons and defence systems manufacturerThe Serious Fraud Office (SFO) has launched a criminal investigation into alleged money laundering, bribery and corruption at the grenade and ammunition manufacturer Chemring, one of its subsidiaries and individuals associated with the businesses.
Chemring, based in Romsey, Hampshire, designs and makes products such as decoys, flares, detonators and grenades. It also develops systems to protect aircraft and ship