Region: Saudi Arabia

Trial of former executives halted in Airbus GPT bribery case

A London court has discharged a jury 10 weeks into the trial of two former defence industry executives accused of bribing Saudi Arabian officials for military contracts.

14 July 2022

Senior UK officials orchestrated decades of Saudi bribes, court hears

“This indictment does not begin to plumb the depths of what the UK government has been involved in since the 1970s,” a defence barrister told a London court.

09 May 2022

UK defence officials “were aware of and facilitated” middlemen payments

The Serious Fraud Office has told a London court that UK government officials introduced a defence company to a consulting group that paid bribes to help the business win military contracts in Saudi Arabia.

06 May 2022

SFO: UK defence contractors bribed Saudis

Jurors were told that two former defence contractors were “at the heart” of a scheme to funnel bribes to high-ranking Saudi officials to secure military contracts for a now-defunct Airbus subsidiary.

05 May 2022

Foster Wheeler statement of facts details uncovered corruption schemes

Swiss engineering company Foster Wheeler chose not to alert law enforcement agencies despite three separate internal investigations uncovering suspected bribery in Nigeria, Saudi Arabia and Malaysia.

07 February 2022

UK court orders release of Wood Group bribery case details

04 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

NCA serves arrest warrant in 1MDB case

The UK’s National Crime Agency has served PetroSaudi’s lawyers with an arrest warrant seeking around $300 million that was allegedly stolen from Malaysian sovereign wealth fund 1MDB.

29 November 2021

The Petrofac bribery schemes: where, what and how

UK oil services company Petrofac has admitted to failing to prevent its agents and employees from paying bribes to win contracts worth billions of dollars throughout the Middle East. GIR takes a deep dive into the bribery schemes and compliance failures that led to the guilty plea.

05 October 2021

Petrofac sentenced in “systemic, serious and grave” foreign bribery case

A London court has ordered oil services company Petrofac to pay £77 million after the company admitted seven counts of failing to prevent bribery between 2011 and 2017.

04 October 2021

Unlock unlimited access to all Global Investigations Review content