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Court orders Alstom Network UK Ltd to pay £16.4 million for conspiracy to corrupt

Alstom Network UK Ltd has been ordered to pay a total of £16.4 million for conspiracy to corrupt relating to a contract to supply trams in Tunisia. This sentence comprises £15 million in fines and £1.4 million in costs. The company was convicted in April 2018 of conspiracy to...
Posted On 29 Nov 2019
Syedur Rahman
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Money Laundering in UK plc: The Dirty Secret That Will Not Go Away

A new report produced by anti-corruption watchdog Transparency International lays bare what it believes is massive and carefully planned money laundering in the UK. Here, Syedur Rahman voices concern about the effectiveness of the authorities’ efforts designed to tackle it. ...
Posted On 13 Nov 2019
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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
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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
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European police chiefs focus on serious and organised crime at 2019 Convention

Serious and organised crime has been evolving over the last 20 years in terms of the number of criminal organisations, their modus operandi, the use of technology and organised crime’s ability to infiltrate infrastructures and the public sector and exploit legislative loopholes....
Posted On 09 Oct 2019
Neil Williams
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Examining The Future for Deferred Prosecution Agreements

Sometimes, the best ideas just don’t turn out to be as good in practice as they were either on paper or in the heads of those who devised them in the first instance. So far, 2019 seems to be the year that Deferred Prosecution Agreements (DPAs) have joined the list of things that...
Posted On 07 Aug 2019
Syedur Rahman
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Are Bribery and Corruption Being Overlooked by UK Authorities?

A new report published by the Fraud Advisory Panel alleges that the authorities are overlooking bribery and corruption in the UK. Syedur Rahman argues that, while some criticism is justified, the real picture isn’t quite so clear cut. According to the Fraud Advisory Panel,...
Posted On 24 Jul 2019
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Nominations for Tackling Economic Crime Awards to close on Thursday 1 August

Nominations for the inaugural Tackling Economic Crime Awards (TECAs) are set to close on Thursday 1 August. With the deadline now fast approaching, those professionals and organisations involved in tackling any area of economic crime are being encouraged to put forward their...
Posted On 05 Jul 2019
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“Unchecked conflicts of interest and ‘austerity’ fuelling corruption risks” states Fraud Advisory Panel

Domestic corruption risks in areas such as business, education, local Government and elections are neglected and poorly understood because officials focus on bribery overseas. This is the warning given by the Fraud Advisory Panel in its new report entitled ‘Hidden in Plain...
Posted On 04 Jul 2019
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Former company director pleads guilty to £12 million bribery scheme unearthed by SFO

In a hearing conducted at Walsall Magistrates’ Court on Thursday 30 May, Carole Ann Hodson pleaded guilty to bribery in relation to a scheme orchestrated to secure £12 million worth of contracts for ALCA Fasteners Ltd, a company she owned at the time. The scheme, which operated...
Posted On 02 Jun 2019