Prosecutors have dropped a criminal investigation into three businessmen who had been accused of paying huge bribes in the energy industry, sources with knowledge of the inquiry have said.
The Serious Fraud Office had been investigating claims that Unaoil, a firm formerly owned and controlled by its chairman Ata Ahsani and his sons Cyrus and Saman, paid multimillion-pound bribes to land contracts in the oil and gas industry.
On Tuesday, the SFO declined to say why its investigation into the trio had been dropped.
The termination of the investigation comes as the SFO faces renewed criticism for closing corruption investigations into large multinational firms and its failure to convict business executives.
The full original article can be found at theguardian.com