British American Tobacco is accused of corruption

The British multinational tobacco company has been accused of bribing foreign officials in order to conceal the constant violation of anti-smoking laws in a few African countries.

British American Tobacco could actually be punished for bribery, and now the supporters of tobacco control laws require the beginning of a full criminal trial.

Such negative news has had an immediate impact on the value of British American Tobacco, which already decreased by 1.32%. Further proceedings may affect the shares' price even more negatively. Traders have an excellent chance to earn money on a further decline. Remember, that trading will be available during the European session from 8:00 to 15:00 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.