Last bribery charges against Patria dismissed

The decision of the Turku Court of Appeal dated 17 February 2016, in which the Court dismissed all charges related to Patria's export project to Croatia, has gained legal force and is final. None of the parties to the case applied for permission to appeal against the decision of the Court of Appeal in the Supreme Court. Also the demand for a corporate fine to be imposed on Patria Land Services Oy was dismissed. "We are pleased that this case, which has been pending since 2008, has finally been closed and that the outcome meets our expectations," says Heikki Allonen, President and CEO of Patria Group.

"A long process, which has been particularly trying for the accused persons, is now over. The process has involved plenty of hard work, both within and outside Patria. Now that the matter has been thoroughly investigated, Patria will continue the long-term development of the defence industry," Allonen stresses.

Meanwhile, Patria has continued its persistent work to further develop the ethicality and responsibility of its operations. The company and its executives regularly monitor compliance with ethical standards and the achievement of the related targets. Ethical conduct has been assimilated throughout the Patria organisation. "We continue to focus and contribute significant efforts to analysis and prevention of identifiable risks. Patria is Finland's leading defence industry company and also a forerunner in corporate responsibility and ethicality," comments Allonen.