News
Rolls-Royce Corruption Probe Said To Expand To Nigeria Bribes
Rolls-Royce says it is co-operating with the authorities
A U.K. investigation into bribery at Rolls-Royce Holdings Plc has reached Nigeria as the Serious Fraud Office looks at the company’s former operations in the oil-rich country, according to a person with knowledge of the matter.
The investigation is focusing on whether agents acting for the company bribed government officials in connection with energy tenders through the year 2013, said the person, who declined to be identified because the matter is private. A spokeswoman for the SFO declined to comment Thursday.
“Concerns about bribery and corruption involving intermediaries in a number of overseas markets remain subject to examination by the Serious Fraud Office and other authorities,” said a Rolls-Royce spokesman. “We are co-operating with the authorities.”
The SFO asked Rolls-Royce to look into possible corruption concerns, and in 2012, the London-based company handed over details on what it called “matters of concern” uncovered in China and Indonesia. A year later, the SFO opened an investigation into whether Rolls-Royce engaged local agents in return for orders and whether that could constitute corruption.
The Financial Times reported on the probe earlier Thursday.
Follow us on social media:
News13 hours ago
“There’s hunger, however there’s huge” hope – Tinubu Lament
Lifestyle14 hours ago
Nigerian man who passed away 10 years ago confesses he’s currently in Lagos, reveals big secret
Crime14 hours ago
Delta court begins hearing on alleged s3x trafficking of 15-year-old girl by mother
Biafra14 hours ago
FG confirms arrest of Simon Ekpa by Finnish authorities
Biafra2 days ago
“Simon Ekpa is not our member” – IPOB stated
Celebrity Gossip & Gist2 days ago
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
Celebrity Gossip & Gist2 days ago
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
Celebrity Gossip & Gist2 days ago
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
-
Biafra2 days ago“Simon Ekpa is not our member” – IPOB stated
-
Celebrity Gossip & Gist2 days ago“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
Celebrity Gossip & Gist2 days agoDiddy claims prosecutors showed judge edited Cassie video to make him look dangerous
-
Celebrity Gossip & Gist2 days ago“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)