Following a hearing today at Southwark Crown Court, the Serious Fraud Office (SFO) secured a confiscation order worth over £140,000 against former senior Petrofac executive, David Lufkin.
UK court fines Petrofac (PFC.L) £70 million for bribery offences
Petrofac was fined £77m on seven separate charges related to failing to prevent bribery from the Middle East. The London-listed oil service provider pleaded guilty to the charges last month.
Petrofac (PFC.L) agrees to a plea deal with the UK’s serious fraud watchdog
Petrofac, an oil services company, has reached a plea agreement with the UK fraud watchdog to close a long-running inquiry.
UK Court Sentences Two Ex-Afren chiefs jailed over £35m fraud
Two former executives of collapsed oil company Afren were sentenced to up to six years in prison on Monday after they were convicted of fraud and money laundering over a