Financial Crime Financial Crime

Comment: More Petrofac executives may be charged after company's lenient bribery fine

By Martin Coyle
  • 04 Oct 2021 09:49
  • 04 Oct 2021 09:49
Petrofac’s relatively gentle treatment at its UK bribery sentencing takes into account its genuine attempts to reform as well as its tough financial situation — and could point to further action to come from the Serious Fraud Office against the company’s former executives.

The Aberdeen-based company was today fined $6

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

Discover MLex

Stay on top of global regulatory developments

Latest News