Rolls-Royce in corruption talks with SFO

British engineering stalwart Rolls-Royce today admitted that it is in discussions with the Serious Fraud Office over concerns that the firm may have been involved in bribery and corruption.

The SFO requested information relating to the company's dealings in Indonesia and China. The Rolls-Royce is co-operating with the probe.

"The consequence of these disclosures will be decided by the regulatory authorities," the company said.

"It is too early to predict the outcomes, but these could include the prosecution of individuals and of the company."