United Kingdom: Executive Convicted in U.K. Bribery Case Against Unaoil Group After Retrial

A defendant in a long-running U.K. bribery case has been found guilty of conspiring to make illegal payments to public officials in Iraq to secure contracts, the U.K.’s agency that prosecutes white-collar crimes said Wednesday.

Paul Bond, a former sales manager at Dutch oil company SBM Offshore NV, was convicted of two counts of conspiracy to give corrupt payments after a retrial of his case at the Southwark Crown Court, U.K.’s Serious Fraud Office said. He is scheduled to be sentenced on Friday.

Joseph Kotrie-Monson, a lawyer at Mary Monson Solicitors representing Mr Bond, declined to comment. A representative for SBM didn’t immediately respond to a request for comment.

Mr Bond’s conviction is the latest in the SFO’s criminal case involving Monaco-based oil-services company Unaoil Group. The agency launched the probe in 2016.

The original full article can be found at wsj.com

(Photo: Charlie Bibby/FT)



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