Tuesday 22 July 2014

Former Alba chief Hall sentenced to 16 months over Bahrain bribes - FT.com

Former Alba chief Hall sentenced to 16 months over Bahrain bribes - FT.com:



"A businessman who admitted receiving bribes of £2.88m while running Bahrain’s aluminium champion has been jailed for 16 months for what the judge called an “extremely serious case of corruption.”



Bruce Hall, former chief executive of Bahraini-owned Alba, one of the largest aluminium smelters in the world, had pleaded guilty to one count of conspiracy to corrupt. The charge related to an alleged multimillion pound bribery conspiracy involving Canadian-British billionaire Victor Dahdaleh and Bahraini minister Sheikh Isa bin Ali al-Khalifa.



Mr Hall made a deal with Britain’s Serious Fraud Office and last year appeared as a prosecution witness in the trial of Mr Dahdaleh, which collapsed due to the non-appearance of two key witnesses."



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