Tag Archives | Serious Fraud Office

Second former Unaoil Executive Sentenced for Bribery

Second former Unaoil executive sentenced for bribery in post-occupation Iraq Stephen Whiteley, Unaoil's former territory manager for Iraq, has today become the second Unaoil executive to be sentenced for paying over $500,000 in bribes to secure a $55m contract to supply offshore mooring buoys. He was sentenced by HHJ Beddoe to 3 years' imprisonment. This […]

Iraq Corruption Case: Former Oil Execs Convicted

By John Lee. The UK's Serious Fraud Office (SFO) has secured convictions against two former oil executives who conspired to give corrupt payments to secure contracts in Iraq. A jury at Southwark Crown Court found Ziad Akle guilty on two counts and Stephen Whiteley guilty on one count of conspiracy to give corrupt payments. The […]

Iraq Bribery Trial starts in London

By John Lee. The trial has begun in London of three British businessmen accused of conspiring to pay bribes totalling $6m (£4.6m) to win contracts in Iraq worth $800 million. According to the UK's Serious Fraud Office (SFO), Monaco-based Unaoil bribed Iraqi officials to help Dutch-based SBM Offshore [Single Buoy Moorings], and Singapore's Leighton Offshore, […]

Petrofac Exec admits Bribes Paid to Win Iraq Contracts

In connection with the UK Serious Fraud Office (SFO)’s ongoing investigation into Petrofac Limited and its subsidiaries (“Petrofac”), on 6 February 2019 David Lufkin, 51, a British national, and previously Global Head of Sales for Petrofac International Limited, pleaded guilty at Westminster Magistrates’ Court to eleven counts of bribery, contrary to sections 1(1) and 1(2) […]

UK Starts Corruption Proceedings against Unaoil

The UK's Serious Fraud Office (SFO) has commenced criminal proceedings against Unaoil Monaco SAM and Unaoil Ltd as part of an ongoing corruption prosecution. This follows charges already brought against four individuals for alleged conspiracy to make corrupt payments to secure the award of contracts in Iraq. Unaoil Ltd has been summonsed with two offences […]

Two more charged in UK’s Unaoil Investigation

The UK's Serious Fraud Office (SFO) has charged two further individuals in relation to the Unaoil investigation. Paul Bond and Stephen Whiteley have both been charged with conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore. The charges relate to alleged corrupt conduct within Unaoil, between […]

Unaoil takes Legal Action Against UK SFO

By John Lee. Monaco-based Unaoil, which has been implicated in an international bribery scandal, has launched legal action against the United Kingdom's Serious Fraud Office (SFO), alleging that it has unlawfully misused its powers. The SFO is currently conducting a criminal investigation into the activities of Unaoil, its officers, its employees and its agents in […]

Jail for British Sanction-Breaker (71)

Riad El-Taher has been jailed for 10 months for making illegal payments to the Iraqi Government of Saddam Hussein in contravention of United Nations sanctions and UK law Riad El-Taher, a British citizen aged 71 from Esher, Surrey, has admitted that in 2001 he made four illegal payments totalling over $500,000 to the Iraqi Government […]