News

SFO closes investigation into KBR Inc.’s UK subsidiaries

Following a thorough investigation of the available evidence, the SFO has closed its investigation into the activities of KBR, Inc.’s United Kingdom subsidiaries, their officers, employees and agents.

Fourth oil executive sentenced for paying bribes to win a multi-million pound contract in post-occupation Iraq

Paul Bond has today been sentenced to three and half years’ imprisonment for conspiring with others to bribe Iraqi public officials to secure lucrative oil contracts in post-occupation Iraq.

Former biodiesel trader charged with fraud and money laundering concerning the sustainable fuel sector

The SFO has charged biodiesel trader Gianni Rivera with fraud and money laundering in connection with its investigation concerning the sustainable fuel sector.

Fourth executive convicted of bribery in post-occupation Iraq

The SFO has today secured the conviction against a former Single Buoy Moorings Inc. (SBM) executive who conspired to bribe public officials in order to secure lucrative oil contracts in the years following the overthrow of Saddam Hussain in 2003.

SFO closes British American Tobacco (BAT) Plc investigation

Following extensive investigation and a comprehensive review of the available evidence, the SFO has concluded its investigation into British American Tobacco, its subsidiaries and associated persons.

Former senior Petrofac executive pleads guilty to bribery offences

David Lufkin, a British national and the former Global Head of Sales at Petrofac, pleaded guilty to three counts of bribery in relation to corrupt offers and payments made between 2012 and 2018 to influence the award of contracts to Petrofac in the UAE worth approximately $3.3 billion.

SFO investigation into West London property secures £1.2m

The SFO secured £1,198,424.78 from Julio Faerman, owner of a £4.25m luxury apartment in West London which the SFO suspected to have been partly purchased with the corrupt funds of its owner’s criminal conduct.

SFO confirms investigation into Bombardier

The SFO confirms it is investigating Bombardier Inc over suspected bribery and corruption in relation to contracts and / or orders from Garuda Indonesia. As this is a live investigation, the SFO can provide no further comment.

SFO enters into Deferred Prosecution Agreement with Airline Services Limited

The Serious Fraud Office has entered into a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL) having today received final approval from Mrs Justice May.

Serious Fraud Office releases guidance on Deferred Prosecution Agreements

The SFO has today published a chapter from its handbook which offers comprehensive guidance on how we approach Deferred Prosecution Agreements (DPAs), and how we engage with companies where a DPA is a prospective outcome.

SFO charges fifth individual with fraud at Balli Group and Balli Steel

The SFO has today charged Vahid Alaghband with three fraud offences in relation to the activities of Balli Group Plc and Balli Steel Plc, taking the number of those charged in the investigation to five.

SFO confirms DPA in principle with Airline Services Limited

The Serious Fraud Office has reached a Deferred Prosecution Agreement (DPA) with Airline Services Limited (ASL), subject to final approval by the court. This approval will be sought from Mrs Justice May at a public hearing at Southwark Crown Court, sitting at the Royal Courts of Justice, on 30 October 2020.