Category Archives: Case Updates

• Second former Unaoil executive sentenced for bribery in post-occupation Iraq

  30th Gor 2020 | Case Updates

  Stephen Whiteley, Unaoil’s former territory manager for Iraq, has today become the second Unaoil executive to be sentenced for paying over $500,000 in bribes to secure a $55m contract to supply offshore mooring buoys. He was sentenced by HHJ Beddoe to 3 years’ imprisonment.

• SFO closes investigation into De La Rue Plc

  16th Meh 2020 | Case Updates

  Following extensive investigation and a thorough and detailed review of the available evidence, the SFO has concluded that this case did not meet the relevant test for prosecution as defined in the Code for Crown Prosecutors.

• SFO closes its investigation into ABB Ltd

  19th Mai 2020 | Case Updates

  After a thorough and detailed review of the available evidence, the SFO has concluded that this case did not meet the relevant test for prosecution as defined in the Code for Crown Prosecutors.

• SFO confirms end of Deferred Prosecution Agreement with Tesco Stores Ltd

  10th Ebr 2020 | Case Updates

  The Serious Fraud Office has confirmed to the courts that Tesco Stores Ltd has fulfilled the terms of its Deferred Prosecution Agreement (DPA) with the SFO, bringing an end to the SFO’s case. Under the three year term of the DPA, Tesco Stores Ltd agreed to pay a £129m fine and £3m investigation costs, as well as implementing an ongoing compliance programme.

• EURIBOR bankers ordered to pay over £1.2 million

  5th Maw 2020 | Case Updates

  Two men convicted for manipulating the Euro Interbank Offered Rate (EURIBOR) have been ordered to pay over £1.2million in confiscation orders and costs.

• Former Barclays executives acquitted of conspiracy to commit fraud

  28th Chw 2020 | Case Updates

  Roger Jenkins, Richard Boath and Thomas Kalaris were today acquitted of fraud in the UK’s first trial of bank executives for misconduct during the 2008 Financial Crisis.

• SFO enters into €991m Deferred Prosecution Agreement with Airbus as part of a €3.6bn global resolution

  31st Ion 2020 | Case Updates

  The Serious Fraud Office enters into a record-breaking Deferred Prosecution Agreement (DPA) with the global aerospace company Airbus SE.

• SFO agrees Deferred Prosecution Agreement in principle with Airbus as part of a global resolution

  28th Ion 2020 | Case Updates

  Following the announcement by Airbus today, the Serious Fraud Office confirms that a Deferred Prosecution Agreement has been reached in principle between itself and Airbus.
  The Agreement is subject to the approval of the Court.

• SFO secures over £434K for victims of solar panel fraudsters

  21st Ion 2020 | Case Updates

  Kenneth Reid, 61, and Niall Hastie, 55, have been ordered to pay back £434,835.73 to those they defrauded as part of a solar panel scheme.

• Three individuals acquitted as SFO confirms DPA with Güralp Systems Ltd

  20th Rhag 2019 | Case Updates

  Cansun Güralp, Andrew Bell and Natalie Pearce were today acquitted of conspiracy to make corrupt payments in relation to payments made to a South Korean public official between 2002 and 2015 as the SFO confirms a Deferred Prosecution Agreement with Güralp Systems Ltd.

• SFO charges former Serco directors with fraud

  16th Rhag 2019 | Case Updates

  The Serious Fraud Office has charged two individuals with fraud and false accounting in relation to its investigation into Serco’s electronic monitoring contract with the Ministry of Justice.

• SFO confirms investigation into suspected bribery at Glencore group of companies

  5th Rhag 2019 | Case Updates

  Following the announcement by Glencore PLC, the SFO confirms it is investigating suspicions of bribery in the conduct of business by the Glencore group of companies, its officials, employees, agents and associated persons.