Category Archives: News Releases
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SFO secures two DPAs with companies for Bribery Act offences
20th Jul 2021 | News ReleasesOn 19 July 2021, the Serious Fraud Office (SFO) received approval by Mrs Justice May for separate Deferred Prosecution Agreements entered into with two UK-based companies for bribery offences.
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SFO enters into £103m DPA with Amec Foster Wheeler Energy Limited
2nd Jul 2021 | Case UpdatesThe Serious Fraud Office has entered into a Deferred Prosecution Agreement (DPA) with Amec Foster Wheeler Limited (AFWEL), as part of global resolution with US and Brazilian authorities, relating to the use of corrupt agents in the oil and gas sector.
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SFO confirms DPA in principle with Amec Foster Wheeler Energy Limited
25th Jun 2021 | Case UpdatesThe SFO confirms that it has agreed a Deferred Prosecution Agreement in principle with Amec Foster Wheeler Energy Limited, subject to the final approval of the Court.
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Former Unaoil executive ordered to pay £402k in confiscation
17th Jun 2021 | Case UpdatesFollowing a hearing at Southwark Crown Court before HHJ Beddoe, the SFO today secured a £402,465.65 confiscation order by consent against former Unaoil executive Basil Al Jarah.
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SFO seizes £248k from fraudster with account forfeiture order
7th Jun 2021 | News ReleasesThe Serious Fraud Office (SFO) has secured an account forfeiture order against an account linked to the criminal gains of Virendra Rastogi, one of the architects of a $700m global fraud. The account forfeiture order enables the SFO to seize £247,911.89 from the account on behalf of the taxpayer.
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SFO confirms investigation into Gupta Family Group Alliance
14th May 2021 | News ReleasesThe SFO is investigating suspected fraud, fraudulent trading and money laundering in relation to the financing and conduct of the business of companies within the Gupta Family Group Alliance (GFG), including its financing arrangements with Greensill Capital UK Ltd.
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SFO publishes Annual Business Plan 2021/22
13th May 2021 | News ReleasesThe Serious Fraud Office has today published its Business Plan for 2021/22. The Business Plan details how the SFO will deliver on its mission to fight complex economic crime, deliver justice for victims and protect the UK’s reputation as a safe place to do business.
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GPT pleads guilty to corruption
28th Apr 2021 | News ReleasesThe Serious Fraud Office confirms GPT has today pleaded guilty to corruption between December 2008 and July 2010 in relation to contracts awarded to GPT in respect of work carried out for the Saudi Arabian National Guard.
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Serco Geografix Ltd statement of facts
28th Apr 2021 | Case UpdatesThe Serious Fraud Office can now publish the Statement of Facts from its Deferred Prosecution Agreement with Serco Geografix Ltd, after reporting restrictions on its publication were lifted.
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SFO offers no evidence against Nicholas Woods and Simon Marshall
26th Apr 2021 | Case UpdatesThe SFO has offered no evidence against Nicholas Woods and Simon Marshall. The Judge has directed the jury to return verdicts of not guilty.
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SFO investigation into the Raedex Consortium group of companies
9th Apr 2021 | News ReleasesThe SFO is investigating suspected fraud in relation to the activities of the Raedex Consortium, including the companies Buy2Let Cars, PayGo Cars, Raedex trading as Wheels4Sure and Rent2Own Cars.
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SFO closes investigation into KBR Inc.’s UK subsidiaries
18th Mar 2021 | Case UpdatesFollowing a thorough investigation of the available evidence, the SFO has closed its investigation into the activities of KBR, Inc.’s United Kingdom subsidiaries, their officers, employees and agents.