Aziz Rahman

Corporate Crime: Reaping the Benefits of Self-Reporting

Recently disclosed statistics show that only a small number of companies are prosecuted after self-reporting bribery and corruption. Aziz Rahman observes that such a course of action demands careful consideration. There’s a widely-accepted view that, when it comes to...
Posted On 20 Feb 2020
Aziz Rahman

The Airbus Case Settlement: Significant Facts Behind the Figures

As reported by Risk Xtra, the Deferred Prosecution Agreement (DPA) recently announced between Airbus and the Serious Fraud Office (SFO) means that the former will pay €991 million – making it the UK’s largest DPA – as part of a €3.6 billion global settlement. Here, Aziz Rahman...
Posted On 10 Feb 2020

SFO enters into €991 million DPA with Airbus as part of €3.6 billion resolution

The Serious Fraud Office (SFO) has entered into a record-breaking Deferred Prosecution Agreement (DPA) with the global aerospace company Airbus SE following its approval by Dame Victoria Sharp, President of the Queen’s Bench Division. Under the terms of the DPA, Airbus SE has...
Posted On 31 Jan 2020

Airbus strikes deal in principle in bid to settle bribery and corruption allegations

European aircraft manufacturer Airbus has confirmed that it has reached agreement in principle with the French Parquet National Financier, the UK’s Serious Fraud Office and US authorities in the context of investigations into allegations of bribery and corruption as well as...
Posted On 28 Jan 2020
Aziz Rahman

Deferred Prosecution Agreements: Why Companies Need to be Careful

The recent acquittal of three senior figures at Guralp Systems on charges of conspiracy to make corrupt payments came two months after the company admitted wrongdoing when entering into a Deferred Prosecution Agreement (DPA). Here, Aziz Rahman (whose firm Rahman Ravelli...
Posted On 16 Jan 2020

Three individuals acquitted as SFO confirms DPA with Güralp Systems Ltd

Cansun Güralp, Andrew Bell and Natalie Pearce have been acquitted of conspiracy to make corrupt payments in relation to payments made to a South Korean public official between 2002 and 2015. The conclusion of the trial removes reporting restrictions on the Deferred Prosecution...
Posted On 24 Dec 2019

Trio found guilty of paying and accepting bribes to facilitate football transfers

Following on from an investigation conducted by the City of London Police’s Fraud Squad, a former assistant manager and two football agents have been found guilty of accepting and paying bribes to facilitate the transfer of players at Barnsley Football Club. On Monday 16 December...
Posted On 17 Dec 2019

Two-thirds of legal professionals expect no rise in SFO conviction rate

More than two-thirds of legal professionals who specialise in white collar crime don’t believe the Serious Fraud Office’s (SFO) conviction rate will improve over the next 12 months. That’s according to an in-depth survey of white collar crime lawyers recently...
Posted On 08 Nov 2019
Syedur Rahman

Tackling Bribery and Corruption: Is the United States ‘Going It Alone’?

Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), has boldly stated that his country is the only one tackling the scourge of bribery and corruption to any great degree. Here, Syedur Rahman highlights some of the key reasons why he believes that statement...
Posted On 24 Oct 2019

“Businesses face HMRC crackdown on money laundering” warns DSR Tax Claims

Those companies required to adhere to strict anti-money laundering (AML) regulations have been advised to check their procedures and improve where necessary after HMRC handed down its largest fine to date to a London money services business for failures in its anti-money...
Posted On 10 Sep 2019