The three former senior executives of Alfred McAlpine Slate Ltd who were jailed last September were today ordered to pay sums totalling almost £250,000 in confiscation. Additional terms of imprisonment will have to be served in default of payment.
The orders made were as follows:
Christopher John Law: £186,914.69. He has nine months to pay and will serve an additional 18 months if he fails to do so.
Geraint Roberts: £17,899.58. He has three months to pay and will serve an additional six months if he fails to do so.
Paul Michael Harvey: £38,685.19. He has six months to pay and will serve an additional nine months if he fails to so do.
The total sum ordered to be paid is therefore £243,499.46. This concludes the SFO's successful investigation and prosecution in this case.
Notes:
(1) Welsh Slate was sold in December 2007 and Alfred McAlpine plc itself merged with Carillion plc in February 2008. Welsh Slate, based at Penrhyn Quarry near Bangor in Gwynedd, continues to trade under new management.
(2) For background, SFO Press Releases issued 5 November 2008, 8 May 2009, 5 June 2009 and 18 September 2009
/press-room/latest-press-releases/press-releases-2009/welsh-slate-third-defendant-pleads-guilty.aspx
/press-room/latest-press-releases/press-releases-2009/welsh-slate-former-directors-jailed.aspx
(3) The Serious Fraud Office is an independent government department, operating under the superintendence of the Attorney General. The aim of the SFO is to protect society by pursuing and prosecuting those who commit serious and complex fraud. Its Director is Richard Alderman.
Serious Fraud Office, Elm House, 10-16 Elm Street, London, WC1X 0BJ
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