SFO to prosecute Monaco-based Unaoil on corruption charges

Iraq 0 Comment 3

Charges relate to alleged corrupt payments to secure Iraq-based contracts for firms

The Serious Fraud Office is to prosecute an oil company following a two-year criminal investigation into alleged bribery in the energy industry.

On Tuesday, the SFO announced that it was bringing four charges of corruption against Unaoil, a Monaco-based oil consultancy. The company is accused of conspiring to making corrupt payments to secure Iraqi construction contracts for two multinationals.

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Source: iraq
Link : SFO to prosecute Monaco-based Unaoil on corruption charges

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