In his third report to the Cambridge Symposium on September 2, the Director of the SFO suggested that the proposal to amend s.7 of the Bribery Act 2010 to cover financial crimes was “gaining traction.”… Continue Reading
Posts Tagged: Victor Dahdaleh
The UK Serious Fraud Office said Friday that its £3 million ($5 million) confiscation order against former Alba chief Bruce Hall has been fully paid.
Hall, 61, was sentenced by a London court on July 22 to serve 16 months in prison for taking nearly $5 million in bribes when he worked for state-owned Alba, or Aluminium Bahrain B.S.C.… Continue Reading
I do not subscribe to the gloomy prognostications of the relentlessly hostile judiciary and media when it comes to their rebukes of the UK’s Serious Fraud Office.
Lawyers for billionaire Victor Dahdaleh from Washington, D.C. litigation powerhouse Williams & Connolly have struck back at Bahrain’s Alba and its American attorneys.… Continue Reading
A unit of Alcoa agreed to plead guilty Thursday in the Western District of Pennsylvania to one count of violating the anti-bribery provisions of the FCPA with a 2004 corrupt transaction.… Continue Reading
This was released Tuesday by the U.K. Serious Fraud Office:
Statement: 10 December 2013
The London trial of former Alcoa super-agent Victor Dahdaleh ended Tuesday in a complete acquittal after two witnesses from a U.S. law firm involved in the investigation refused to testify and another witness changed his evidence, dealing a huge blow to the already embattled U.K.… Continue Reading
An Australian joint venture partner of Alcoa said this week that possible FCPA settlements with the DOJ and SEC for alleged bribes to officials of Bahrain’s Alba could amount to more than $300 million.… Continue Reading
Alcoa’s former agent Victor Dahdaleh and the one-time head of Aluminium Bahrain B.S.C. (‘Alba’) appeared Monday in criminal court in London.
Dahdaleh, 63, a Jordanian-born dual citizen of Canada and Britain, was charged with bribing Alba officials.… Continue Reading