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 nationals Graham Hill and Robert Hallett with corruption in India, Poland and Tunisia. That matter awaits trial in June 2016.
In May 2015, the SFO additionally charged Jean-Daniel Lainé with similar offenses as Watson. Prior to retirement, Lainé was senior vice president of ethics and compliance, and a director of Alstom International Limited.
Michael John Anderson, who was working as a business development director for Alstom Transport SA in France, has been charged with the same offenses as Watson and Lainé. The trial of Alstom Network U.K., Anderson, and Lainé has been set for May 2017.
Named as a co-conspirator with Anderson and Lainé is Altan Cledwyn-Davies, director and company secretary of Alstom International. Cledwyn-Davies died in 2010 before charges were brought.
In addition, the SFO charged Alstom Power Ltd, Nicholas Reynolds and Johanes Venskus with corruption in Lithuania. That matter awaits trial for January 2017.
The alleged offences are said to have taken place between 2003 and 2008 concerning the supply of trains to the Budapest Metro.