Region: United Kingdom

Court approves SFO’s bribery settlement with Wood Group

A UK court has ratified the £103 million agreement that Scottish energy company Wood Group signed with the Serious Fraud Office to resolve allegations of bribery across five countries.

01 July 2021

SFO told to disclose records of meetings with Unaoil “fixer”

A London court has ordered the SFO to hand over records of meetings between senior officials, including director Lisa Osofsky, and a private intelligence operative in connection to a bribery probe into Monegasque oil consultancy Unaoil.

01 July 2021

Ten years of the UK Bribery Act: corporate enforcement reach remains unclear

The UK Bribery Act ushered in ground-breaking new legislation to hold companies to account, but practitioners say a decade of sparse corporate enforcement means many questions around the law’s potential reach remain unanswered.

30 June 2021

Gerrard denies plot to ramp up ENRC legal fees

Neil Gerrard, a former Dechert partner, has told a London court that he vehemently denies saying that he planned to “screw” mining company Eurasian Natural Resources Corporation for millions in legal costs.

30 June 2021

UK court endorses SFO’s service of Karimova confiscation order

A London court has ruled that the Serious Fraud Office properly served the imprisoned daughter of the former Uzbek president with a civil recovery order concerning three London properties.

30 June 2021

Children of Azerbaijani politicians named in UK money laundering case

29 June 2021

Former Dechert lawyer blasts ENRC’s “dysfunctional” audit committee

A former Dechert partner who was hired to investigate corruption allegations at mining company ENRC’s Kazakh subsidiary has said his probe was overseen by a dysfunctional group of directors.

29 June 2021

New Guernsey investigations agency to prioritise tackling money laundering

Guernsey’s newly-created financial crime agency, led by a former SFO chief investigator, has its sights set on tackling international criminals seeking to launder funds through the island’s financial system.

29 June 2021

Former Dechert lawyer denies ENRC allegations

Neil Gerrard, the former co-head of Dechert’s global white-collar practice, has told a London court that there is no merit to allegations by former client Eurasian Natural Resources Corporation that he leaked confidential information to the SFO or the media.

28 June 2021

Wood Group enters global resolution over Amec Foster Wheeler bribes

Scottish energy company Wood Group has agreed to pay $177 million in settlements with authorities in the UK, the US and Brazil over foreign bribery.

28 June 2021

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