SFO CHARGES TWO FORMER TECH EXECS WITH CORRUPTION – Two former executives of a UK company that supplies technology-based products to the metals industry were charged Thursday with bribery and corruption.
The following appeared in Westminster Magistrates’ Court in London.
- Michael Sorby, a former director of Sarclad Ltd, and
- Adrian Leek, the company’s former sales manager,
The SFO charged Sorby, 72, and Leek, 39, both from Sheffield, with
- one count of conspiracy to corrupt contrary to Section 1 of the Prevention of Corruption Act 1906, and
- one count of conspiracy to bribe under Section 1 of the Bribery Act 2010.
The alleged offenses happened between 2004 and 2012 and concerned
- “financial inducements offered to secure contracts for Sarclad, a technology provider in the metals industry,”
The SFO started its investigation in June 2013. The agency didn’t say where the offenses occurred or who else was involved. Both defendants were granted unconditional bail at Thursday’s hearing.
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