Region: Iraq

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

SEC investigating Ericsson over undisclosed Iraq material

The Swedish telecoms company has said it will fully cooperate with the US Securities Exchange Commission.

10 June 2022

Third person convicted in UK Unaoil case launches appeal

Another former Iraq territory manager at the controversial Monaco consultancy wants his conviction thrown out over the SFO’s failure to disclose its contact with a non-legal “fixer”.

07 June 2022

Swedish prosecutor: media reports contributed to new Ericsson probe

The Swedish prosecutor leading a new investigation into allegations of bribery in Iraq by telecoms company Ericsson told GIR his primary focus is determining the culpability of individuals.

25 April 2022

Sweden opens new Ericsson probe over Iraq bribery claims

21 April 2022

Another conviction overturned in UK Unaoil case

A London appeal court has quashed the conviction of ex-SBM Offshore sales manager Paul Bond over the same disclosure failures that saw a former colleague’s conviction thrown out some three months earlier.

24 March 2022

Ericsson reveals “corruption-related misconduct” in Iraq

The Swedish telecoms company disclosed the results of a 2019 internal investigation into its business practices in Iraq ahead of planned media coverage on the subject.

16 February 2022

Convicted former Petrofac executive ordered to forfeit annual bonuses

A former top sales executive at oil services company Petrofac must disgorge £141,000 in profits from his role in several foreign bribery schemes.

15 December 2021

UK quashes conviction of former Unaoil executive

The Attorney General’s Office has commissioned an independent review of failings at the SFO after a UK appeals court threw out the foreign bribery conviction of a former Unaoil executive.

10 December 2021

Dechert can withhold some documents in Iraq bribery case

The ruling comes after the firm was ordered to disclose over 400 documents connected to an alleged scheme where London property was used to bribe Iraqi officials.

16 November 2021

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