Global Investigations Review - The law and practice of international investigations

Two executives found liable for Libyan fraud and bribery scheme

By Michael Griffiths

11 July 2018

Two executives found liable for Libyan fraud and bribery scheme Tripoli, Libya istockphoto.com/batuhanozdel

A UK commercial court has found that the former CEO of a London asset management group and a Swiss banker bribed foreign officials $25 million to cover up a scheme to defraud a Libyan sovereign wealth fund.