An engineering firm from Reading has admitted ten counts of corruption and sanctions violation at a trial in Westminster.
Mabey & Johnson, a manufacturer of temporary bridges, pleaded guilty to attempting to bribe officials in Ghana and Jamaica for public contracts and donated over £120,000 to Saddam Hussein’s Iraq regime, which was against the rules set out by the United Nation’s UN oil for food programme.
The company is expected to face a large fine for its offences.
The case was brought against the company by the Serious Fraud Office (SFO) after Mabey & Johnson reported itself, following an internal investigation. Richard Alderman, director of the SFO, said: “These are serious offences and it is significant that Mabey & Johnson has cooperated with us to get to this landmark point.”
Peter Lloyd, Mabey & Johnson’s managing director, said the company is sorry for its former conduct and have “have committed to making a fresh start.”