The Serious Fraud Office announced that David Lufkin, former Global Head of Sales for Petrofac International Limited, an oilfield services provider, pleaded guilty to eleven counts of bribery in Westminster Magistrates’ Court. The SFO alleged that Lufkin violated Section 1 of the Bribery Act 2010 in 2012 by offering or facilitating the payment of $2.2 million to an agent in Iraq in order to secure a large engineering and construction contract on the Badra oilfield. Additional allegations relate to an additional $4 million in improper payments in Iraq and $45 million in improper payments in Saudi Arabia. The SFO noted that its investigation of Petrofac is ongoing.
February 6, 2019