On 14th January 2021 David Lufkin, former Global Head of Sales at Petrofac, pleaded guilty at Westminster Magistrates’ Court to three counts of bribery relating to corrupt payments to influence the award of $3.3bn contracts.
Serious Fraud Office Investigation | Rosenblatt’s Financial Crime Team
In relation to the Serious Fraud Office’s (SFO) ongoing investigation into Petrofac and its subsidiaries, Mr Lufkin’s guilty plea concerned corrupt offers and payments made between 2012 and 2018. Mr Lufkin offered and made corrupt payments to agents to influence the award of two contracts in Abu Dhabi: An engineering, procurement and construction contract in 2013 and a front-end engineering design contract in 2014. A total of $30m were made or due to be made to influence the contract awards.
In February 2019 Mr Lufkin also pleaded guilty to eleven charges of bribery brought by the SFO relating to the award of contracts in Iraq worth more than $730m and Saudi Arabia worth more than $3.5bn.
Criminal Proceedings | Rosenblatt’s Financial Crime Team
Mr Lufkin’s case was committed for sentence to Southwark Crown Court on 11 February 2021, however sentencing was adjourned.
Rosenblatt can help
Rosenblatt has a wealth of experience in financial crime and is uniquely placed to support clients’ that are the subject of a Serious Fraud Office investigation and prosecution having being involved in high profile investigations into a global pharmaceuticals company, a multi-million pound affordable property investment scheme, a multi-million pound pension fraud scheme and a world leading global security company.
https://www.rosenblatt-law.co.uk/services/financial-crime/
