All Unaoil articles – Page 2

  • Blog

    SFO investigates Petrofac over Unaoil

    2017-05-15T11:30:00Z

    The U.K. Serious Fraud Office confirmed that it is investigating the activities of oilfield services provider Petrofac, its subsidiaries, and their officers, employees and agents for suspected bribery, corruption and money laundering.

  • Blog

    SFO investigates KBR over Unaoil

    2017-05-01T11:30:00Z

    The U.K. Serious Fraud Office confirmed that it has opened an investigation into the activities of engineering and construction company KBR for suspected bribery and corruption offenses.

  • Blog

    SFO investigates ABB over Unaoil

    2017-02-10T14:45:00Z

    The U.K. Serious Fraud Office has commenced an investigation into the activities of ABB’s U.K. subsidiaries, their officers, employees, and agents for suspected offenses of bribery and corruption. Jaclyn Jaeger has more.

  • Blog

    SFO conducting criminal probe into Unaoil

    2016-07-22T12:45:00Z

    The U.K. Serious Fraud Office confirmed this week that it is conducting a criminal investigation into the activities of Unaoil, its officers, employees and agents in connection with suspected offences of bribery, corruption and money laundering. Jaclyn Jaeger reports.

  • Blog

    Unaoil initiates legal action against Fairfax Media

    2016-06-15T10:15:00Z

    Unaoil this week said in a statement that it has instructed its lawyers to commence legal action against Fairfax Media and its partners in relation to the malicious and damaging allegations negligently published by these media organizations. Jaclyn Jaeger reports.

  • ChessMove
    Blog

    Armada Group responds to Unaoil investigation; threatens legal action

    2016-06-09T10:45:00Z

    Yet another company entangled in the massive media-leaked bribery and corruption scandal surrounding Monaco-based Unaoil has come forward, refuting the allegations and threatening legal action. Jaclyn Jaeger reports.

  • Blog

    KBR ‘cooperating’ in Unaoil investigation

    2016-05-03T11:00:00Z

    Engineering and construction company KBR confirmed in a quarterly report last week that it’s been contacted by the Department of Justice in connection with the massive media-leaked bribery and corruption scandal surrounding Monaco-based Unaoil. Jaclyn Jaeger reports.

  • Blog

    Unaoil-Can things get any bigger?

    2016-04-24T20:30:00Z

    The Justice Department and SEC have their work cut out for them, says FCPA blogger Tom Fox, as the Monaco-based Unaoil scandal—in which the company used commissions to bribe clients—may be the biggest corruption enforcement action yet.

  • Article

    Unaoil bribery scandal offers harsh lesson in due diligence controls

    2016-04-19T09:15:00Z

    Image: CCOs can learn a lesson or two from the massive media-leaked bribery and corruption scandal surrounding Monaco-based Unaoil. “Unaoil’s due diligence reports contained a number of items that increased their risk level substantially, but there was no credible evidence of bribery or other misconduct,” says Alexandra Wrage, president of ...