Mon, 04th Oct 2021 11:28
(Official correction to say Lufkin sentence fully suspended,
not just for 18 months)
Oct 4 (Reuters) - British oil services company Petrofac
was on Monday fined 77 million pounds ($104.57 million)
and a former executive jailed after pleading guilty to bribery
in Iraq, Saudi Arabia and the UAE.
A spokesman for the company said former executive David
Lufkin was sentenced to a two-year suspended sentence.
($1 = 0.7363 pounds)
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Anil
D'Silva)
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Petrofac (PFC)