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.
The Director of the Serious Fraud Office has today opened a criminal investigation into allegations of fraudulent conduct in the foreign exchange market. Notes to editors: The Serious Fraud Office is an independent government department responsible for investigating and prosecuting serious and complex fraud, bribery and corruption.
Edward Davenport, convicted of conspiracy to defraud in October 2011, was today ordered to pay a total of £13.9 million in confiscation and compensation at a hearing at Southwark Crown Court. In addition the Judge made orders for costs totalling £1.