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| Two men arrested in SFO bribery probe into Rolls Royce | Two men arrested in SFO bribery probe into Rolls Royce |
| (34 minutes later) | |
| Two men have been arrested in London as part of a probe by the Serious Fraud Office into Rolls Royce's dealings in Asia. | |
| It is understood two individuals were taken for questioning to Snow Hill police station in central London after their homes were raided by police. | It is understood two individuals were taken for questioning to Snow Hill police station in central London after their homes were raided by police. |
| An SFO spokesperson said: "In connection with a Serious Fraud Office investigation, we can confirm a number of search warrants have been executed at various properties in London today. Two men were also arrested." | An SFO spokesperson said: "In connection with a Serious Fraud Office investigation, we can confirm a number of search warrants have been executed at various properties in London today. Two men were also arrested." |
| Officers from the National Crime Agency and City of London police assisted with the operation. | Officers from the National Crime Agency and City of London police assisted with the operation. |
| The watchdog confirmed it opened a formal investigation into allegations of bribery and corruption at Rolls Royce in December last year. | The watchdog confirmed it opened a formal investigation into allegations of bribery and corruption at Rolls Royce in December last year. |
| The investigation is understood to have begun around alleged bribes paid by intermediaries to local companies in Indonesia and China which provided sales, distribution, repair and servicing. | The investigation is understood to have begun around alleged bribes paid by intermediaries to local companies in Indonesia and China which provided sales, distribution, repair and servicing. |
| Last year, Tommy Suharto, the son of the late Indonesian dictator, denied allegations of corruption after a former employee claimed he received a $20 million bribe (£12m) and a blue Rolls Royce luxury car to help the engine maker win a contract in 1990. | Last year, Tommy Suharto, the son of the late Indonesian dictator, denied allegations of corruption after a former employee claimed he received a $20 million bribe (£12m) and a blue Rolls Royce luxury car to help the engine maker win a contract in 1990. |
| In a letter to the SFO, Suharto's lawyers said:"For the record, an on behalf of Mr Suharto, we would like to state categorically that he did not, and has never, received monies or a car from Rolls-Royce and nor did he recommend their engines to Garuda." | In a letter to the SFO, Suharto's lawyers said:"For the record, an on behalf of Mr Suharto, we would like to state categorically that he did not, and has never, received monies or a car from Rolls-Royce and nor did he recommend their engines to Garuda." |
| The engine maker is set to release full year earnings tomorrow. | The engine maker is set to release full year earnings tomorrow. |
| Rolls Royce declined to comment. | Rolls Royce declined to comment. |