Today the Serious Fraud Office (SFO) and Ultra Electronics Holdings Limited (Ultra Electronics) entered into a Deferred Prosecution Agreement (DPA), with the defence and security company paying almost £15 million to resolve a long-running bribery probe. This penalty includes a £10 million penalty plus £4.8 million to cover the SFO’s costs.
For more information, please contact:fwood@burness.com FOR IMMEDIATE RELEASE 28 April 2026 Ahead of the UK-hosted Illicit Finance Summit – a groundbreaking opportunity to tackle ‘tainted gold’ flowing through the global...
As the world faces a triple planetary crisis of climate change, biodiversity loss and pollution, and the UK government warns that “every critical ecosystem is on a pathway to collapse”,...
Today the Serious Fraud Office dropped a decade-old corruption case against former executives at London Mining PLC and their alleged ‘fixer’, exposing new problems with the agency’s legacy disclosure software...
The government has this week announced its intention to deliver the most ambitious reforms to policing in decades with the creation of a National Police Service (NPS). While there are...
The trial of Diezani Alison-Madueke, former Nigerian minister for petroleum resources, kicked off in London today. She stands accused of awarding government contracts worth millions to high-profile businessmen in return...
UK law enforcement agencies are struggling to make a dent in the huge sums of dirty money washing through the UK, and are permanently recovering just £1 in every £4...
A series of governments over the past decade have promised to end the UK’s role as a laundromat for corrupt and criminal wealth. Major new legislation was introduced in 2017...
