October 1, 2021

Credit; beeboys/AdobeStock

Credit; beeboys/AdobeStock

The sentencing in a London court of British oil services group Petrofac over charges that it failed to prevent bribery in Iraq, Saudi Arabia, and the UAE has been postponed to Monday, a court spokesperson said in an email.

Petrofac had said it would plead guilty to seven charges by Britain’s Serious Fraud Office (SFO) after a four-year investigation relating to projects awarded in Iraq, the United Arab Emirates, and Saudi Arabia between 2012 and 2015.

 (Reporting by Kirstin Ridley, writing by Shadia Nasralla; Editing by Jon Boyle)

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