Category Archives: Eitemau newyddion
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Four more sentenced in FH Bertling trial
11th Ion 2019 | Eitemau newyddionThe sentencing follows a 4 year investigation and prosecution by the SFO against individuals involved in bribery schemes to secure contracts for FH Bertling in Angola and the North Sea.
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Former Alstom Power Global Sales Director sentenced to 4.5 years for corruption
21st Rhag 2018 | Eitemau newyddionToday, Nicholas Reynolds received 4 years and 6 months imprisonment for his part in a conspiracy to bribe officials in Lithuania’s Elektrenai power station and senior Lithuanian politicians in order to win two contracts worth €240 million.
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Five convictions in SFO’s Alstom investigation into bribery & corruption to secure €325 million of contracts
19th Rhag 2018 | Eitemau newyddionNicholas Reynolds was found guilty of conspiracy to corrupt today at Blackfriars Crown Court following an extensive investigation and prosecution brought by the Serious Fraud Office.
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£1.4 million in confiscation orders reached in fibre-optic fraud case
7th Rhag 2018 | Eitemau newyddionYesterday, Stephen Dartnell was ordered by the court to pay more than £450,000 in confiscation within 3 months or face a further 4 years in prison for his part in a fibre optic fraud and bribery scheme targeted at KBC Lease (UK) Ltd and Barclays Bank.
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‘No case to answer’ ruling in case against former Tesco executives
6th Rhag 2018 | Eitemau newyddionMr Justice John Royce has ruled that Christopher Bush and John Scouler have no case to answer over alleged financial misreporting that saw Tesco overstate its profits by more than £250m in 2014.
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UK’s first Deferred Prosecution Agreement, between the SFO and Standard Bank, successfully ends
30th Tach 2018 | Eitemau newyddionToday the Serious Fraud Office announced the end of the UK’s first Deferred Prosecution Agreement, confirming that Standard Bank PLC (now known as ICBC Standard Bank PLC) had fully complied with its terms.
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9 convicted in £16m and $21m FH Bertling bribery cases
27th Tach 2018 | Eitemau newyddionStephen Emler and Giuseppe Morreale pleaded guilty for their part in a corrupt scheme to secure a ConocoPhillips freight forwarding contract, eventually worth over £16m, for FH Bertling as part of the ‘Jasmine’ North Sea oil exploration project.
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Osman Shahenshah & Shahid Ullah sentenced to 30 years for Afren fraud & money laundering
29th Hyd 2018 | Eitemau newyddionToday, Osman Shahenshah and Shahid Ullah received a total of 30 years for fraud and money laundering offences they had committed whilst they were CEO and Chief Operating Officer of Afren Plc.
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Barclays PLC and Barclays Bank PLC
26th Hyd 2018 | Eitemau newyddionAs Barclays have reported in their Regulatory News Service announcement, the High Court has today ruled against the SFO’s application, seeking to reinstate the charges previously dismissed in the Crown Court.
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Ex-Afren CEO & COO convicted of fraud and money laundering over $300 million oil business deal
24th Hyd 2018 | Eitemau newyddionToday, Osman Shahenshah and Shahid Ullah were found guilty of fraud and money laundering offences from which they personally received more than $17m and laundered $45m by deceiving the Afren Board into agreeing a $300m business deal.
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SFO begins action to recover proceeds of alleged corrupt telecoms deals in Uzbekistan
3rd Hyd 2018 | Eitemau newyddionThe claim concerns a number of assets, including three UK properties, which the SFO alleges were obtained using the proceeds of corrupt deals in Uzbekistan involving Gulnara Karimova and Rustam Madumarov.
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Solar energy panel fraudsters sentenced to 30 years
2nd Hyd 2018 | Eitemau newyddionToday six men were sentenced to a total of 30 years’ and 4 months’ imprisonment for a £17m scam which defrauded 1,500 victims including elderly, retired and vulnerable people.