Region: Iraq

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

Former Unaoil exec sentenced to prison over Iraq bribes

Basil Al Jarah, a former partner in Iraq for Monegasque oil consultancy Unaoil, has been sentenced to three years and four months in prison after pleading guilty to taking part in a bribery scheme to secure valuable oil contracts.

08 October 2020

Former SBM Offshore salesman “taken for a mug” in allegedly corrupt oil deal

A former sales manager at Dutch oil company SBM Offshore was a mere “postman” and had no idea if any corruption was taking place during an Iraqi oil deal, his barrister has told a UK court.

21 May 2020

Former SBM Offshore exec knew nothing of Unaoil’s inside man

A former sales manager at Dutch company SBM Offshore told a London court he worked for a “bona fide” company on Tuesday in the last hearing in the case for now. The trial linked to an Iraqi oil project has been adjourned for at least two weeks as a result of the coronavirus pandemic.

17 March 2020

Ex-SBM Offshore exec tells court he was merely a salesman

A former SBM Offshore executive, who is accused of bribery offences, told a London court that he had little authority to make significant decisions at the Dutch oil company.

13 March 2020

Prosecutor quizzes ex-Unaoil official on 2009 meeting

Prosecutors have said a former Unaoil executive had an “odd” hotel bedroom meeting with an Iraqi official that he stands accused of conspiring to bribe.

11 March 2020

Unaoil paid $6 million in bribes to profit from Iraq oil project, court hears

Former Unaoil and SBM Offshore executives corrupted a competitive tender process for $800 million in contracts that were part of an effort to resurrect Iraq’s oil industry, a prosecutor has said.

23 January 2020

Iraq central bank freezes assets of sanctioned officials

26 July 2019

Former Unaoil executive pleads guilty

Monaco-based oil consultancy Unaoil’s former partner in Iraq has pleaded guilty to five offences of conspiracy to give corrupt payments in connection with an SFO investigation.

19 July 2019

Iraq suspends Petrofac bids after UK corruption investigation

28 June 2019

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