Reuters
The British Serious Fraud Office said that the former chief executive of Petrofac, David Lufkin, has admitted 3 bribery crimes related to oil deals in the UAE.
The office indicated that the crimes related to corrupt offers and payments between 2012 and 2018 for Petrofac to win contracts in the UAE worth about $ 3.3 billion.
The Anti-Fraud Office said: “A total of about $ 30 million payments have been made, or were to be made.”
Lufkin worked as director of sales at the Oil Services Company, and in February 2019, he admitted 11 charges of bribery related to illegal attempts to direct the contract award process to Petrofac in Iraq and Saudi Arabia.
The office said the Sutherk Crown Court is scheduled to pronounce the verdict in the case on February 11, 2021.
Source: Reuters
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