Former UK Oil Exec Cops To Paying Bribes For Mideast Deals

Law360, London (February 7, 2019, 10:57 AM GMT) -- A former executive with the oil company Petrofac has pled guilty to 11 counts of bribery in a London court in relation to contracts valued at more than $4 billion in the Middle East, delivering a major win for the U.K.'s Serious Fraud Office.

David Lufkin, Petrofac International Ltd.'s 51-year-old former global head of sales, entered pleas under the Bribery Act 2010 at Westminster Magistrates' Court on Wednesday, the SFO said in a statement on Thursday.

“These offences relate to the making of corrupt offers to influence the award of contracts to Petrofac worth in excess of $730 million in Iraq...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!