A former construction company executive who worked in the Middle East was sentenced to prison Wednesday after a London jury convicted him of destroying evidence during an investigation into overseas bribery.
Entries in Sweett Group (6)
Construction and professional services company Sweett Group plc was sentenced Friday in London and ordered to pay £2.25 million ($3.15 million) for bribing an official in the United Arab Emirates.
The UK Serious Fraud Office filed its annual report for the year ended March 31, 2015 with the government Tuesday.
At Pinsent Masons regulatory conference in London a few weeks ago, David Green, the chief of the UK Serious Fraud Office, talked about how many known frauds happen on his turf. Here's a hint: Lock up the silverware because it's a growth industry.
The UK Serious Fraud Office said Monday it has launched a formal investigation of survey and construction services firm Sweett Group.