United Kingdom: SFO expands Rolls-Royce inquiry over Iraq bribery allegations

Author(s): Rob Evans, David Pegg | Date: November 25, 2016 | Language: English
Source: https://www.theguardian.com/ | URL: https://goo.gl/wTVQc6 | Type: Text

The Serious Fraud Office inquiry into Britain’s engineering giant Rolls-Royce was expanded earlier this year over suspicions the company was involved in bribery in Iraq, new documents have revealed.
Papers filed at the high court in London show how the four-year SFO investigation into Rolls-Royce took a fresh turn in March when investigators arrested a man at a British airport.
This led the SFO to begin looking at Unaoil, a Monaco-based oil and gas firm, which is accused of paying bribes on behalf of dozens of multinational firms, including Rolls-Royce, to help them win contracts.
The documents reveal the SFO’s investigation into Unaoil was, in part, sparked by suspicions it had acted corruptly on behalf of Rolls-Royce over its business dealings in Iraq since 2005.

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