Wednesday 20th November 2024
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City Directors Convicted And Sentenced To 28 Years In £23 Million “Green Biofuel” Trial

Three men have been convicted and sentenced as part of the Serious Fraud Office’s (SFO) investigation into Sustainable Growth Group and its subsidiary companies. Gary Lloyd West, James Brunel Whale and Stuart John Stone were convicted of conspiracy to commit fraud, conspiracy to furnish false information, fraudulent trading and Bribery Act 2010 offences in relation to the selling and promotion of investment products based on “green biofuel” Jatropha tree plantations in Cambodia.

  1. Gary Lloyd West was sentenced to 13 years’ imprisonment,
  2. James Brunel Whale was sentenced to 9 years’ imprisonment and
  3. Stuart John Stone was sentenced to 6 years’ imprisonment.
  4. Mr West and Mr Whale were disqualified from being a director for 15 years and Mr Stone was disqualified for 10 years.

The convictions under the Bribery Act 2010 are the first to be secured by the SFO since the Act became law in July 2011.

Copies of the press releases in relation to the conviction and sentencing are available.

http://bit.ly/1Gdzojhhttp://bit.ly/137RiGd

 


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