The SFO 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.
On 16th November 2017, the Serious Fraud Office announced charges against two individuals of conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore. The investigation is ongoing.
- Basil Al Jarah, 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, 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.
Ziad Akle Basil Al Jaraj will appear before Westminster Magistrates Court at 10am on Thursday 7th December.
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.
Judicial review judgment on Unaoil and others v Director of the Serious Fraud Office
The High Court today ruled in favour of the SFO in a judicial review claim brought by Unaenergy Group Holding Pte Ltd, Unaoil Monaco SAM, Ata Ahsani, Cyrus Ahsani and Saman Ahsani.
The judicial review related to the content of the SFO’s letter of request to the Monegasque authorities in March of last year.
For the full judgment please see here. The SFO was awarded its costs and was represented in court by Jonathan Hall QC of 6KBW College Hill and Simon Pritchard of Blackstone Chambers.
Page published on 19 Jul 2016 | Page modified on 17 Nov 2017