Share on LinkedInShare on LinkedIn

ARTICLE · 09 MARCH 2016

Sweett Group Ordered To Pay £2.25 Million For Bribery Act Violations

Akin
Akin
Contributor
Akin

Akin

Akin is a global law firm with more than 1,100 lawyers and advisors who pride themselves on...

View firm profile
Explore more from Akin

Following a December 2015 guilty plea to offenses under Section 7 of the U.K. Bribery Act, U.K.­-listed Sweett Group was ordered on February 19, 2016, to pay £2.25 million.

United KingdomCriminal Law

Following a December 2015 guilty plea to offenses under Section 7 of the U.K. Bribery Act, U.K.­-listed Sweett Group, a construction-industry project management company with global operations, was ordered on February 19, 2016, to pay £2.25 million. The amount consists of a £1.4m fine (half to be paid a year from now and half by February 2018), £851,152.23 in confiscation (to be paid within three months) and £95,031.97 in costs awarded to the Serious Fraud Office (SFO).

While the SFO's investigation into individuals remains ongoing, the Sweett Group pleaded guilty late last year following an investigation that began in July 2014 related to the company's activities in the Middle East.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from