We use cookies on our website. By continuing to browse our site, you are agreeing to our use of cookies. Find out more about our cookies Hide

Further charge in Alstom investigation

29 March, 2016 | News Releases

Another British national has been charged as part of the SFO’s ongoing investigation into Alstom Network UK Ltd. 

Terence Stuart Watson, the Alstom Country President for the UK and Managing Director of Alstom Transport UK & Ireland, has been charged by requisition with an offence of corruption contrary to section 1 of the Prevention of Corruption Act 1906 and an offence of conspiracy to corrupt contrary to section 1 of the Criminal Law Act 1977 and will appear at Westminster Magistrates’ Court on 5 April 2016. He is to be joined to the defendants Alstom Network UK Ltd, Michael John Anderson and Jean-Daniel Lainé. 

The alleged offences are said to have taken place between 1 January 2003 and 31 December 2008 and concern the supply of trains to the Budapest Metro. 

Mr Watson is the seventh individual to be charged by the SFO in its investigation of Alstom.

Notes to Editors:

  1. The SFO investigation commenced as a result of information provided to the SFO by the Office of the Attorney General in Switzerland concerning the Alstom Group, in particular Alstom Network UK Ltd. Alstom is a manufacturer in the rail, power and electricity transmission sectors.
  2. In July 2014 the SFO charged Alstom Network UK Ltd, and British nationals Graham Hill and Robert Hallett with corruption in India, Poland and Tunisia. That matter awaits trial in June 2016. In addition, the SFO charged Alstom Power Ltd, Nicholas Reynolds and Johanes Venskus with corruption in Lithuania. That matter awaits trial in January 2017.
  3. The trial of Alstom Network UK Ltd, Michael John Anderson and Jean-Daniel Lainé has been fixed for May 2017.

 

Related Cases