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SFO secures £15 million bribery settlement with UK defence company Ultra Electronics
1 May, 2026News
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.
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Petrofac: a “systemic, serious and grave” corruption scheme
15 December, 2021News
On 12 May 2017, the Serious Fraud Office (SFO) announced that it was investigating the oil and gas company Petrofac. Petrofac Limited is registered in Jersey and listed on the…
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Will the SFO’s new “come dish your dirt” strategy work to tackle corporate crime?
24 April, 2025News
The Serious Fraud Office’s new corporate guidance released today is a much needed and welcome part of the SFO’s new strategy to ramp up enforcement against corporate fraud and corruption….
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