United Kingdom: Serious Fraud Office given extra funds to investigate Unaoil bribery claims

Author(s): David Pegg, Rob Evans, Holly Watt | Date: November 1, 2016 | Language: English
Source: https://www.theguardian.com/ | URL: https://goo.gl/RKBB82 | Type: Text

The Serious Fraud Office has been given special funding to pursue its criminal investigation into a firm that has been implicated in an international bribery scandal.
The Treasury has awarded the extra money for the agency’s inquiry into a Monaco-based firm, Unaoil, which is accused of corruptly securing contracts for dozens of multinationals.
Unaoil was hired to work in various parts of the world by the British company Rolls-Royce plc, which is also under investigation by the SFO. The further expansion of the SFO inquiry comes four years after it first started looking at Rolls-Royce. A Guardian/BBC investigation published on Monday revealed how extensive it has become.

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