Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Who did Unaoil work for?

Last week the DOJ revealed guilty pleas by the two Ahsani brothers who were running Monaco-based intermediary Unaoil. The brothers copped to a ten-country bribery conspiracy intended to help “multiple companies” win oil and gas-related contracts.… Continue Reading

DOJ: Unaoil bosses have pleaded guilty to FCPA conspiracy

The former CEO and former chief operations officer of Monaco-based Unaoil pleaded guilty in March to arranging millions in bribes to officials in at least ten countries, and a former Unaoil business development director pleaded guilty in August last year, the DOJ said Wednesday.… Continue Reading

SFO Guidance: New requirement for lawyers to ‘certify privilege’

The Serious Fraud Office’s (SFO) Corporate Co-operation Guidance has arrived in the form of a five-page document. In it, the SFO defines co-operation as “providing assistance to the SFO that goes above and beyond what the law requires” and details eleven general practices that companies should consider when preserving material and giving it to the SFO.… Continue Reading

SFO fines FH Bertling $1 million for freight contract bribes

The UK Serious Fraud Office fined FH Bertling Ltd £850,000 ($1 million) Monday for bribes to secure contracts in Angola. 

The investigation and prosecution focused on Germany-headquartered FH Bertling’s involvement in an oil project in Angola and employees bribing a local state oil company official to secure $20 million in shipping contracts, the SFO said

The SFO’s criminal investigation into corruption at FH Bertling began in September 2014.Continue Reading

Unaoil fallout: Petrofac exec admits sprawling Middle East bribe scheme

The former global head of sales for Petrofac International Limited pleaded guilty Wednesday to UK Bribery Act violations related to over $50 million in bribes involving projects in Iraq and Saudi Arabia. 

David Lufkin, 51, a British national, pleaded guilty in a UK court to eleven counts of bribery under sections 1(1) and 1(2) of the Bribery Act 2010. 

The Serious Fraud Office said Lufkin paid bribes to win contracts for Petrofac worth $730 million in Iraq and $3.5 billion in Saudi Arabia.… Continue Reading