Sunday, 20 June 2021

Oil firm led by Tory donor investigated over alleged bribes in nine countries | Petrofac | The Guardian

Oil firm led by Tory donor investigated over alleged bribes in nine countries | Petrofac | The Guardian

A multinational oil firm which was led by a major Conservative donor has been under investigation for allegedly paying million-pound bribes to secure contracts in nine countries.

The anti-corruption agency the Serious Fraud Office (SFO) has been examining allegedly suspicious payments made by the UK-based firm Petrofac.

The firm was headed by Ayman Asfari, who with his wife has donated almost £800,000 to the Conservative party in their personal capacity.

Details of the alleged payments, going back to the early 2000s, indicate that the SFO’s investigation has been wider than previously known publicly. The inquiry, which started at least four years ago, continues.

The SFO has been examining alleged payments made by Petrofac over more than 15 years to land contracts in the Middle East, Africa and Asia, including Kuwait and Algeria.

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