Category Archives: Eitemau newyddion

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

  25th Chw 2021 | Eitemau newyddion

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

• 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 charges GPT and three individuals following corruption investigation

  30th Gor 2020 | Eitemau newyddion

  The Serious Fraud Office has brought charges against GPT Special Project Management Ltd and three individuals in connection with its investigation into allegations concerning the conduct of GPT’s business in the Kingdom of Saudi Arabia.

• SFO receives approval for DPA with G4S Care & Justice Services (UK) Ltd

  17th Gor 2020 | Eitemau newyddion

  The Serious Fraud Office has today received final approval to enter into a Deferred Prosecution Agreement with G4S Care and Justice Services (UK) Ltd (G4S C&J) relating to a scheme to defraud the Ministry of Justice (MoJ) in connection with contracts for electronic monitoring of offenders. In entering the DPA, G4S C&J has accepted responsibility for three offences of fraud against the MoJ arising from the scheme to deceive the MoJ as to the true extent of G4S C&J’s profits between 2011 and 2012 from its contracts for the provision of electronic monitoring services. The scheme was designed to prevent the MoJ from attempting to decrease G4S C&J’s revenues under those contracts. The Director of the Serious Fraud Office, Lisa Osofsky, said: “This DPA ensures G4S C&J is held accountable for its methodical fraud against the Ministry of Justice. The DPA reflects our continued commitment to using the full range of tools available to us to hold corporates to account and ensure justice for victims of fraud.”

• Former Unaoil executives guilty of giving corrupt payments for oil contracts in post-occupation Iraq

  13th Gor 2020 | Eitemau newyddion

  The SFO has secured convictions against two former oil executives who conspired to give corrupt payments to secure contracts in Iraq.

• SFO receives approval in principle for DPA with G4S Care and Justice Services (UK) Ltd

  10th Gor 2020 | Eitemau newyddion

  Following the announcement from G4S Plc, the Serious Fraud Office can confirm that it has today received approval in principle to enter into a Deferred Prosecution Agreement (DPA) with G4S Care and Justice Services (UK) Ltd (G4S C&J), a wholly-owned subsidiary of G4S Plc.

• 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.

• Michelle Crotty appointed Chief Capability Officer as John Carroll becomes permanent Chief Operating Officer

  28th Mai 2020 | Eitemau newyddion

  Following a fair and open competition, John Carroll has been confirmed in his role as Chief Operating Officer (COO) of the SFO. He will be joined by Michelle Crotty, who has been appointed as Chief Capability Officer (CCO).

• 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.