SFO Names Four Petrofac Managers Over Multimillion-Pound Bribe Scheme

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Four senior managers at a multinational oil firm have been accused in a court document of taking part in a scheme to pay multimillion-pound bribes to land contracts.

The accusation has been made by the Serious Fraud Office, which is investigating suspected corruption and money laundering involving the multinational Petrofac.

The allegation was made in a charging document filed in criminal proceedings against David Lufkin, a former Petrofac executive who pleaded guilty to bribery this year.

The SFO alleges that the quartet of senior managers acted with Lufkin. No charges have been laid against the four executives, and being named in the indictment does not constitute evidence of their involvement or any proof of guilt.

Read the original article here: theguardian.com


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