UK oil executive admits role in international corruption conspiracy | UK news | The Guardian:
A businessman has admitted his part in an international corruption conspiracy following a criminal investigation into alleged bribery in the energy industry.
Basil Al Jarah, 70, from Hull, pleaded guilty to five counts of conspiring to give corrupt payments to public officials to secure commercial contracts in Iraq at Southwark crown court, London.
It is the first guilty plea to result from a three-year investigation by the Serious Fraud Office (SFO) into suspected bribery and money laundering involving a Monaco-based oil and gas firm Unaoil.
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