Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

SFO charges two in Unaoil investigation

Jaclyn Jaeger | November 17, 2017

The U.K. Serious Fraud Office this week charged two individuals in relation to its ongoing Unaoil investigation, which the SFO opened up in March 2016.

The charges relate to alleged corrupt conduct within Unaoil, between June 2005 and August 2011.

Ziad Akle, Unaoil’s territory manager for Iraq, and Basil Al Jarah, Unaoil’s Iraq partner, have both been charged by requisition with conspiracy to make corrupt payments to secure the award of contracts in Iraq to Unaoil’s client SBM Offshore. Each has been charged with offences of conspiracy to make corrupt payments in violation of Section (1) of the Criminal Law Act and in violation of Section 1 of the Prevention of Corruption Act.

Akle and Al Jarah will appear before Westminster...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.