The Serious Fraud Office has settled the civil damages claims brought by Mr Vincent Tchenguiz and his business entities arising from his arrest and the searches of his home and their business premises in March 2011.
As part of an ongoing investigation, criminal proceedings by the Serious Fraud Office have commenced today against an Alstom company in the UK by written charge. Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, has been charged with three offences of corruption contrary to section 1 of the Prevention of Corruption Act 1906, as well as three offences of Conspiracy to Corrupt contrary to section 1 of the Criminal Law Act 1977.
Bruce Hall was today sentenced to 16 months in prison for conspiracy to corrupt, in relation to contracts for the supply of goods and services to a Bahraini company, Aluminium Bahrain B.S.C. (Alba). Mr Hall served as CEO of Alba, from September 2001 to June 2005.