AN INVESTIGATION into bribery, corruption and money laundering at a Romsey firm has been closed.

Chemring said that the UK Serious Fraud Office has closed its investigation into the firm.

Back in January 2018, the SFO launched a formal investigation into concerns about bribery, corruption and money laundering involving subsidiary Chemring Technology Solutions.

The investigation followed a voluntary report made by the subsidiary which related to two specific historic contracts.

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The defence technology manufacturer, which is based in Old Salisbury Lane, said that it has co-operated fully with the SFO throughout the investigation and is "pleased" that the matter is now closed.

"Chemring remains committed to conducting its business in an ethical and responsible manner at all times, and in full compliance with all applicable laws and regulations," the company said. 

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