Tuesday 19th November 2024
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Comsure operates in:the UK, Jersey, Guernsey

Guilty plea in SFO multi-million pound energy corruption case

On 11 March 2015 Graham Marchment pleaded guilty at Southwark Crown Court and was sentenced to 2.5 years imprisonment for his role in the award of contracts in a series of high-value infrastructure projects.

Marchment, a British national originally from West Sussex, but resident in the Philippines in recent years. His guilty plea follows the conviction after trial of four co-conspirators as part of the same case in January 2012.

The contracts involved were worth around £40 million and located in countries such as Egypt, Russia and Singapore.

Marchment was a procurement engineer and deliberately leaked confidential information to bidders in exchange for payments disguised as commission

We are writing to inform you of our latest exposé of British oil firm Soco, the company at the heart of the Virunga movie and our Drillers in the Mist report.

New leaked documents released today by Global Witness show that Soco International paid tens of thousands of dollars to a Congolese military officer accused of brutally silencing opponents of its oil exploration in Democratic Republic of Congo’s Virunga National Park.

The revelation comes in the wake of Soco’s repeated denials and on the day of the company’s annual general meeting, putting pressure on Soco to commit to refrain from exploring or drilling for oil inside the current boundaries of Virunga.

Campaigners are also calling for UK and US authorities to launch an urgent investigation into Soco’s actions in eastern Congo.

The story has already been picked up a by a number of international news agencies including The New York Times, BBC, The Daily Telegraph, Le Monde Afrique, The Guardian and Bloomberg.

http://bit.ly/1HuZ4ur


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