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SFO suspends Unaoil case lawyer weeks before new chief arrives
Tom Martin, who has worked at the agency since 2014, has been suspended from his role, Sky News understands.
11:31, UK,
Sunday 12 August 2018
Serious Fraud Office
Image:
The Serious Fraud Office



By Mark Kleinman, City editor

The senior lawyer in charge of one of the Serious Fraud Office's biggest criminal investigations has been suspended just weeks before the agency's new director arrives in her post.

Sky News has learnt that Tom Martin‎, who has been managing the SFO's sprawling probe into Unaoil, a Monaco-based oil consultancy, was suspended within the last few weeks for gross misconduct.

The details of any alleged wrongdoing by Mr Martin were unclear this weekend, including whether or not it relates to the Unaoil case.

Two people close to the SFO said they were aware of rumours of his suspension but that they had not been notified of the reasons for it.

Mr Martin, who has been a case controller and senior lawyer at the fraud-busting agency for just over four years, could not be reached for comment.

Emails to him were responded to with an automatic reply saying: "I am not in the office at present. Please contact a member of the relevant case team for further assistance."

Mr Martin was previously a lawyer at the Financial Reporting Council, the accountancy watchdog, where he also spent four years.

The SFO's case against Unaoil is one of the agency's largest criminal investigations, and has led to a number of charges against the company and individuals in relation to payments made to secure a $733m (£574m) pipeline construction project in Iraq.

Criminal proceedings against the company were launched in June following a two-year inquiry‎ which began after the Melbourne-based newspaper The Age published reports about companies' use of consultants to win contracts in regions including the Middle East.

The Unaoil case will be among the most important inherited by Lisa Osofsky, a veteran of roles fighting financial crime‎, when she replaces David Green as the SFO's director, David Green, next month.

A dual UK-US citizen, ‎Ms Osofsky was appointed by Jeremy Wright, the-then Attorney-General, in June.

The SFO is continuing to proceed with criminal cases against a number of former Barclays directors over its emergency fundraisings during the 2008 financial crisis.

Last month, it applied to the High Court to reinstate charges against the bank itself in relation to the same investigation.

Other blue-chip corporate names which have been targeted by the SFO in recent years include GlaxoSmithKline, Rolls-Royce and Tesco.

The agenc‎y has been facing a battle for survival, with Prime Minister Theresa May a strong advocate of merging it into the National Crime Agency during her previous tenure as Home Secretary.

The SFO has been reprieved, however, and now appears to have been assured of an independent future.

At the time of her appoi

market and an unwillingness to engage in larger deals from the operator’s side. And we had some SEO issues on the publishing side; mainly things like scraping attacks and Black Hat techniques used against us.

1.02 to sell

1.04 to buy on little trade

on very low volume

to sell 1.00 but no buys allowed online

Following completion of the transaction, cash proceeds will be used to reduce the Group's debt (net debt at 30 June 2018: $25 million) and strengthen the Group's cash position.

RedstoneConnect Achieves G-Cloud 10 Supplier Status
By RedstoneConnect
16 July, 2018
RedstoneConnect is delighted to announce that it has been successful in its bid to supply cloud hosting, software and support services through G-Cloud 10, the government’s procurement system that enables all public sector organisations to find supplier, technologies and people for digital projects.

The Group, comprising Connect IB (software development) and A+K (smart technology distribution), has provided essential Smart workplace solutions for central government, local government, health, education, devolved administrations, emergency services, defence and not-for-profit organisations, as part of its G-Cloud 9 Framework agreement obtained last year.

Keeping the momentum going sees RedstoneConnect offer services including the deployment, management and running of software and the development of complete digital solutions. Through Connect IB, the Group will also offer support in content management, wayfinding, TIMS and its very own OneSpace solution. .

Commenting on the agreement, Group Sales and Marketing Director, Steven Black said: “The G-Cloud Framework offers great benefits to buying organisations within the UK public sector by allowing them to procure cloud services that are fully EU compliant and regularly refreshed, therefore ensuring the best that the market has to offer is available.

“This shows that our Smart solutions truly deliver on every count, but not only that, we also deliver the optimal strategies that will enable public sector organisations to maximise our digital innovations to fully enable enhanced productivity, efficiencies and optimal growth.”

RedstoneConnect’s Smart technologies will ultimately drive savings for the public sector and improve the quality of commercial and procurement activity. It will also push the mainstream adoption of cloud-based services by government organisations and local authorities who are looking for cost efficient, competitive and custom built solutions.

On 16 July 2018, the Company was notified that on that same day, Simon Duffy, non-executive chairman, bought 11,657 ordinary shares of 1p each ("Ordinary Shares") at 171.3 pence per share. Simon Duffy's resultant beneficial interest in the Company is 11,657 Ordinary Shares representing 0.009% of the issued share capital of the Company.

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On 16 July 2018, the Company was notified that on that same day Miriam Greenwood, non-executive director, bought 11,500 Ordinary Shares at 171.6 pence per share. Miriam Greenwood's resultant beneficial interest in the Company is 11,500 Ordinary Shares representing 0.009% of the issued share capital of the Company.

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lets hope so

hope so !!

RedstoneConnect
‏

@redstoneconnect
3h3 hours ago
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We're excited to be attending @UKDXAwards at @ParkPlazaHotels tonight! 🥳 Good luck to all #DXA18Finalists

Steven Black
‏

@StevenBlack6
Follow Follow @StevenBlack6
More Steven Black Retweeted RedstoneConnect
Good luck to all the finalist and well done to the development team, this software is gathering interest at from all over the globe

someone knows something.....

"The Chinese government is in early-stage talks to buy a big minority stake in Britain’s fleet of nuclear power stations, The Sunday Times can reveal.

China General Nuclear (CGN), the country’s state-run nuclear giant, is understood to have made an approach about acquiring a share of up to 49% in the eight power stations, which generate a fifth of the nation’s electricity. The stake, worth up to £4bn, is being sold by Centrica, the parent company of British Gas, and the French giant EDF..........."

90k v 20k

now cannot buy online

the sp showing is from thu ,as site has been down and only up and running from this morning

looks like one or two are offloading 10k and 25k every other day but they are being taken up

that trade showing after trading hours i think was a buy at between 11am and 11.09 if that is correct we had more buy than sells 186k v 161 k

16 254 shares cant buy online

"Revenues of £5.3 million (2017: £1.6 million) generated gross profit of £4.4 million at a margin of 83.2% (2017: £1.4 million and a margin of 87.8%), resulting in a positive adjusted EBITDA contribution of £1.9 million (2017: £0.3 million) and operating profits of £1.4 million (2017: loss of £0.02 million after £0.1 million impairment of intangible assets). The performance has been underpinned by a few notable contracts, including the £2.25 million OEM for OneSpace alongside the mandates for a smart city solution and a digital retail solution." Interesting to not the growth in revenues (>300%), gross margin, and EBITDA contribution (>600%)...