Law: Bribery Act 2010 (UK)

Lisa Osofsky: non-cooperating companies won’t get DPAs

The head of the UK’s anti-fraud office said at a conference in New York that the agency considers prosecution as the only option for companies that fail to engage during an investigation, singling out Petrofac and GPT as recent examples.

29 November 2022

Logistics company spends £1.6m on UK bribery investigation

16 November 2022

Glencore fined £281m in UK over Africa bribery schemes

A Glencore subsidiary received the UK’s highest-ever penalty for a corporate criminal conviction after a judge found that bribery was “part of the culture” on the trader’s West Africa oil desk.

03 November 2022

Glencore office in Switzerland doled out cash bribes, court hears

A prosecutor described how Glencore executives flew to African countries in private jets packed with cash bribes, as the commodity trader’s UK subsidiary awaits its sentence on Thursday.

02 November 2022

Nigeria loses bid for victim compensation in Glencore’s UK bribery case

A London court has denied a request from the Nigerian government to receive compensation from Glencore over bribes the commodities trader has admitted paying to a state oil company.

26 October 2022

Office refurbishment bribery trial kicks off in London

Three former directors at UK outfitting company Bluu Solutions paid or received bribes for contracts to refurbish commercial buildings across the country, a court has heard.

24 October 2022

SFO reviews pile on the pressure

UK practitioners condemned the UK’s anti-fraud watchdog for the “basic” failures described in recent reviews of the agency and say the reports provide an urgent opportunity for learning and reflection by the SFO and the government.

28 July 2022

Report details SFO director’s “mistakes and misjudgments” on Unaoil probe 

An independent report into the Serious Fraud Office’s handling of its investigation into Monaco oil services consultancy Unaoil has laid bare the internal errors that have led to three of the four convictions secured in the case being overturned.

21 July 2022

Glencore convicted of UK bribery charges

Anglo-Swiss commodities trader Glencore pleaded guilty at a London court to paying millions of dollars in bribes to win oil contracts across West Africa.

21 June 2022

Glencore pays more than $1 billion in four-agency resolution

The Swiss commodities trader admitted paying bribes throughout Africa and South America in resolutions with four agencies in the US, UK and Brazil. Corruption probes in Switzerland and the Netherlands, however, continue.

25 May 2022

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