Former Unaoil boss jailed for five years over Iraq bribery

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Fri, 2020-07-24 00:55

LONDON:  A former manager of Monaco-based consultancy Unaoil was on Thursday sentenced to five years in jail for paying more than $500,000 in bribes to an Iraqi official to secure a $55 million oil deal after the fall of Saddam Hussein in 2003.

British-Lebanese Ziad Akle, a 45-year-old former Iraq territory manager, was found guilty by a London jury of conspiring to commit bribery after a four-year, high-profile investigation by the UK Serious Fraud Office (SFO).

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