Petrofac "draws line" under bribery probe with GBP77 million fine
Petrofac "draws line" under bribery probe with GBP77 million fine
Read moreWed, 28th Aug 2019 07:04
Petrofac "draws line" under bribery probe with GBP77 million fine
Read more* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds SFO and with judge's comments)By Shadia Nasralla and Kirstin Ridley...
Read more* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds lawyer comment, paragraph 9)By Shadia Nasralla and Kirstin RidleyOc...
Read more* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds details of guilty plea, paragraphs 6-8)By Shadia NasrallaOct 4 (Reu...
Read more(Sharecast News) - Petrofac shares surged after the oilfield services provider said it has been fined £77m by Southwark Crown Court for seven offences of failing to prevent bribery in the Middle East between 2012 and 2015, drawing a line under the issue.
Read more(Corrects to show former executive received suspended sentence)* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinanceBy Shadia Na...
Read more* Petrofac and former executive had pleaded guilty* Second guilty plea secured by Serious Fraud Office in 6 months* Penalty smaller than feared, but firm will still refinance (Adds detail)By Shadia NasrallaOct 4 (Reuters) - British oil services com...
Read more(Official correction to say Lufkin sentence fully suspended, not just for 18 months)By Shadia NasrallaOct 4 (Reuters) - British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive jailed after ...
Read more(Adds detail)By Shadia NasrallaOct 4 (Reuters) - British oil services company Petrofac was fined 77 million pounds ($105 million) on Monday and a former executive jailed after they pleaded guilty to bribery in Iraq, Saudi Arabia and the United Ara...
Read more(Official correction to say Lufkin sentence fully suspended, not just for 18 months)Oct 4 (Reuters) - British oil services company Petrofac was on Monday fined 77 million pounds ($104.57 million) and a former executive jailed after pleading guilty...
Read more(Adds lawyer comment)LONDON, Oct 2 (Reuters) - British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead gui...
Read moreLONDON, Oct 2 (Reuters) - British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead guilty to seven charges ...
Read moreLONDON, Oct 1 (Reuters) - The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia and the UAE has been postponed to Monday, a court spokesperson said in an email...
Read moreLONDON MARKET CLOSE: FTSE 100 buoyed as oil price hits three-year high
Read more(Repeats with no changes to text)LONDON, Sept 27 (Reuters) - The sentencing of British oil services company Petrofac over failing to prevent bribery between 2012 and 2015 has been postponed to Oct. 1 due to court scheduling, the company said on Mo...
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