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Unaoil

The Serious Fraud Office is conducting a criminal investigation into the activities of Unaoil, its officers, its employees and its agents in connection with suspected offences of bribery, corruption and money laundering.

The SFO has charged four individuals with conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore

  • Basil Al Jarah, who was Unaoil’s Iraq partner, has been charged with two offences of conspiracy to make corrupt payments, contrary to section (1) of the Criminal Law Act 1977 and contrary to section 1 of the Prevention of Corruption Act 1906.
  • Ziad Akle, who was Unaoil’s territory manager for Iraq, has been charged with one offence of conspiracy to make corrupt payments, contrary to section (1) of the Criminal Law Act 1977 and contrary to section 1 of the Prevention of Corruption Act 1906.
  • Paul Bond has been charged with two offences of conspiracy to make corrupt payments, contrary to section (1) of the Criminal Law Act 1977 and contrary to section 1 of the Prevention of Corruption Act 1906.
  • Stephen Whiteley has been charged with one offence of conspiracy to make corrupt payments, contrary to section (1) of the Criminal Law Act 1977 and contrary to section 1 of the Prevention of Corruption Act 1906.

In June 2018, the SFO summonsed Unaoil Monaco SAM with two offences of Conspiracy to Give Corrupt Payments, contrary to section (1) of the Criminal Law Act 1977 and section 1 of the Prevention of Corruption Act 1906 in relation to this contract.

Ziad Akle, Basil Al Jarah, Paul Bond and Stephen Whiteley will appear before Southwark Crown Court on 25 July 2018.

In May 2018, the SFO brought additional charges against Basil Al Jarah and Ziad Akle relating to corrupt payments to secure the award of a contract worth US$733 million to Leighton Contractors Singapore PTE Ltd for a project to build two oil pipelines in southern Iraq.

  • Basil Al Jarah was charged on 15 May 2018 with two offences of conspiracy to give corrupt payments, contrary to section (1) of the Criminal Law Act 1977.
  • Ziad Akle was charged on 16 May 2018 with one offence of conspiracy to give corrupt payments, contrary to section (1) of the Criminal Law Act 1977.

In June 2018, the SFO summonsed Unaoil Ltd with two offences of Conspiracy to Give Corrupt Payments, contrary to section (1) of the Criminal Law Act 1977 and section 1 of the Prevention of Corruption Act 1906 in relation to this contract.

The investigation is ongoing.

We have been approached by a number of sources who may have information relevant to this investigation. If you have any information please contact us through our secure and confidential reporting channel. When providing information please quote ‘Unaoil investigation’ on the reporting form.

 

Page published on 19 Jul 2016 | Page modified on 18 Jul 2018