Bribery and Corruption

Two men have been sentenced for bribery, transferring criminal property and money laundering at the Inner London Crown Court after they worked together to inflate equipment prices in return for commission payments.

http://news.cityoflondon.police.uk/r/1137/international_business_bribery_investigation_sees

The Select Committee on the Bribery Act 2010 hears evidence from the City of London Police, the Serious Fraud Office and the Financial Conduct Authority about how the UK deals with bribery cases, whether there is sufficient funding and resources, and what improvements could be made.

https://www.parliament.uk/business/committees/committees-a-z/lords-select/bribery-act-2010/news-parliament-2017/london-city-police-evidence-session/

The UK government has announced millions of pounds worth of support for global anti-corruption initiatives, as part of a new campaign to tackle corruption "at home and abroad".

https://www.out-law.com/en/articles/2018/october/uk-funding-overseas-anti-corruption-measures/

A significant minority of businesses are unaware that price fixing is illegal and only 18% know that admitting participation in a cartel can sometimes provide a company with immunity from prosecution, according to new research published by the UK’s Competition & Markets Authority (CMA).

https://www.out-law.com/en/articles/2018/october/cma-ramps-up-cartel-awareness-campaign/

Six UK plastic waste exporters have had their licences suspended or cancelled in the past three months, with the government setting up an investigation into “widespread” abuse.

https://theloadstar.co.uk/uk-plastics-recycling-investigation-fraud-corruption/

The Football Association has said it is investigating a series of claims, including one of ‘systemic corruption’, relating to the proposed sale of Wembley Stadium to Fulham owner

https://www.metro.news/fa-to-probe-fraud-claims-over-sale-of-wembley/1262802/

British prosecutors plan to seize three properties in Britain and other assets in a corruption case involving Gulnara Karimova, the elder daughter of late Uzbek ex-president Islam Karimov.

http://uk.businessinsider.com/r-uk-fraud-prosecutor-seeks-uk-property-assets-in-uzbek-karimova-case-2018-10

The UK Serious Fraud Office (SFO) said it would not appeal a landmark judgement that allows ENRC, a mining company it is investigating over allegations of fraud, bribery and corruption, to keep documents out of the hands of authorities.

https://uk.reuters.com/article/uk-britain-enrc-sfo/uk-fraud-office-backs-down-in-enrc-privilege-battle-idUKKCN1MC1N0

Natalie Pearce has been charged by requisition with conspiracy to make corrupt payments contrary to Section 1 of the Criminal Law Act 1977 and Section 1 of the Prevention of Corruption Act 1906.

https://www.sfo.gov.uk/2018/09/28/further-charges-against-former-guralp-systems-employees-in-south-korean-bribery-and-corruption-case/

London woman has been sentenced to two years suspended for two years at the Old Bailey for laundering the proceeds of a multi-million dollar bribery scheme

http://news.cityoflondon.police.uk/r/1115/sister_of_corrupt_banker_sentenced_in_multi-milli