SFO launches criminal probe into deal with Saudi national guard
Serious Fraud Office steps up investigation into contract following disclosures by ExaroBy Frederika Whitehead | 10 August 2012
The director of the Serious Fraud Office has decided to open a criminal investigation into allegations concerning GPT
Serious Fraud Office statement
Britain’s Serious Fraud Office is stepping up its investigation into a defence contractor that is embroiled in allegations of bribery in Saudi Arabia.
Fraud investigators are assessing whether to carry out raids to seize documents and which people to interview under caution.
It follows a series of revelations by Exaro about payments linked to the deal totalling just over £14.5 million transferred by the company to two secretive companies in the Cayman Islands. Only last week, Exaro named two Saudi military chiefs who were allegedly gifted luxury cars by the contractor.