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SFO brings more charges in Alstom case

Jaclyn Jaeger | March 29, 2016

The U.K. Serious Fraud Office today brought further charges as part of its ongoing investigation of Alstom Network U.K., a U.K. subsidiary of French engineering company Alstom, this time against Alstom’s country president for the United Kingdom and managing director of Alstom Transport U.K. and Ireland. He is the seventh individual to be charged by the SFO in its investigation of Alstom.

Terence Stuart Watson is facing corruption charges in violation of Section 1 of the Prevention of Corruption Act and an offence of conspiracy to corrupt in violation of Section 1 of the Criminal Law Act. His hearing is scheduled to take place at Westminster Magistrates’ Court on April 5, 2016.

As Compliance Week previously reported, the SFO in July 2014 charged Alstom Network U.K., and British...

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