finance

Petrofac sentencing in bribery case postponed to Oct. 4



© Reuters.

LONDON (Reuters) – The sentencing in a London court of British oil services group Petrofac (LON:) 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.

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