On 5 April 2016, The Scottish Crown Office and Procurator Fiscal Service (“COPFS”) announced the latest resolution of a Bribery Act enforcement action against the Glasgow-based logistics company, Braid Logistics (UK) Limited. Braid agreed to pay £2.2 million pursuant to a Civil Recovery Order and accepted responsibility for contravention of sections 1 and 7 of […]

  What has happened? The UK’s Serious Fraud Office (SFO) secured a recent victory against foreign bribery when, on 19 February 2016, Sweett Group Plc (Sweett), a company headquartered in London, was sentenced and ordered to pay GBP 2.25 million (USD 3.15 million) following its conviction under the UK Bribery Act. The conviction is in […]

Sweett Group plc admits to section 7 bribery offence in the Middle East The UK Serious Fraud Office (SFO) opened an investigation into Sweett Group plc’s (Sweett) overseas activities in July 2014. Sweett has admitted an offence under section 7 of the UK Bribery Act 2010 in respect of conduct in the Middle East. A […]