Region: Africa & Middle East

Ex-SBM Offshore executive accused of plotting to “interfere” with Iraq oilfield tenders

A UK prosecutor has claimed that a former SBM Offshore executive plotted to corrupt a public tender in Iraq to win a lucrative offshore construction contract for his employer.

22 January 2021

Former SBM Offshore exec accused of conspiring to pay bribes for Iraqi oil contracts

A former SBM Offshore sales manager took part in a plot to bribe Iraqi officials as the country struggled to revive its “dilapidated” oil industry, the UK’s anti-fraud agency has alleged in a London court.

20 January 2021

SFO drops BAT corruption probe

The UK anti-fraud agency has closed an investigation into British American Tobacco without taking action against the company.

15 January 2021

Ex-Petrofac executive pleads guilty to more bribery charges

Petrofac’s former global head of sales, David Lufkin, has admitted to paying bribes to help the London-headquartered oil and gas exploration company win construction contracts in the United Arab Emirates.

15 January 2021

Germany shuts down investigation into ThyssenKrupp submarine deal

Prosecutors in Bochum have ended a bribery investigation into individuals connected to engineering company ThyssenKrupp’s $2.3 billion submarine deal with Israel.

14 January 2021

Fiod conducts over 300 investigations on behalf of foreign partners

12 January 2021

Steinmetz bribery trial to begin in Switzerland

Israeli businessman Beny Steinmetz will face charges that he paid bribes to secure mining rights in Guinea’s Simandou region in the first international corruption case brought to trial by the Geneva public prosecutor’s office.

07 January 2021

World Bank sanctions board criticises INT corruption probe

The World Bank’s sanctions board said it is concerned that the international financial institution’s anti-corruption unit made no effort to interview a significant witness as part of an investigation into alleged bribery.

06 January 2021

ICYMI: Developments over the holiday season

A Happy New Year from all of us at GIR! A round-up of news developments from the past three weeks, including a $10 million fine for Ticketmaster in the US for corporate espionage offences and the end of Société Générale’s landmark bribery DPA in France.

04 January 2021

Recent AfDB cases send mixed signals to companies

The African Development Bank is sending mixed messages with the debarments it hands out to companies, say Hogan Lovells’ Peter Spivack, Malak Hamwi and Salomé Lemasson.

17 December 2020

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