13-07-2020 16:52 via uk.finance.yahoo.com

Convictions in Unaoil bribery case delivers win for SFO

Two former oil executives have been convicted for conspiring to give corrupt payments to secure valuable contracts in Iraq in a much-needed victory for the embattled Serious Fraud Office. The convictions form part of a sprawling three-year investigation by the SFO into illegal payments made by the oil consultancy Unaoil in a saga that has already engulfed giants such as Rolls-Royce and Halliburton. Ziad Akle, a manager at Unaoil, and Stephen Whitely, an executive at Dutch oil company SBM, were f
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