Multiple allegations of corruption in jurisdictions across the globe, as well as the spectre of murder in Malaysia and Taiwan, could threaten Australia’s newest defence contractor, French company Direction des Constructions Navales Services (DCNS), which was announced as the winner of Australia’s multi-year $50 billion contract to build 12 conventional submarines -- beating arch rival Germany’s ThyssenKrupp, and a Japanese consortium led by industrial conglomerate Mitsubishi -- to secure the contract to work with ASC (formerly the Australian Submarine Corporation).

On December 15, 2015, Bernard Baiocco, 72, former president of Thales International Asia (Thint Asia), which is controlled by DCNS, was indicted for “active bribery of foreign public officials on people including [Malaysian Prime Minister] Najib Razak,” according to Agence France-Presse, quoting judicial sources. Baiocco vigorously denies any wrongdoing.