Following a joint investigation by the SFO and City of London Police into the awarding of contracts in a series of high-value infrastructure projects, Graham Marchment today pleaded guilty and was sentenced to 2.5 years imprisonment for his role in the conspiracy.
Marchment, (57), a British national originally from West Sussex, but resident in the Philippines in recent years, pleaded guilty at Southwark Crown Court to three counts of conspiracy to corrupt, contrary to section 1(1) of the Criminal Law Act 1977. He was sentenced to 2.5 year’s imprisonment on each count, to be served concurrently.
His guilty plea follows the conviction after trial of four co-conspirators as part of the same case in January 2012. Between 2004 and 2008, Marchment conspired with his co-defendants, Andrew Rybak, Ronald Saunders, Philip Hammond and others to obtain payments by supplying confidential information in relation to oil and gas engineering projects in Egypt, Russia and Singapore. Marchment worked as a procurement engineer and deliberately leaked confidential information to bidders in exchange for payments disguised as commission.
The original article can be found at www.sfo.gov.uk