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On 24 February 2021, the SFO
secured a fourth conviction related to the long-running Unaoil case. Paul Bond, a former executive at Single Buoy Moorings Inc., was found guilty on two counts of conspiracy to give corrupt payments. He was sentenced to three and a half years imprisonment on Monday. The SFO commented that it will relentlessly pursue such cases.
This is the SFO s second bribery success of 2021.
The case: corruption in 2007 Iraq
Paul Bond was the Middle East sales manager at Dutch oil and gas services company, Single Buoy Moorings Inc. (SBM). The case was a retrial after the jury initially failed to reach a verdict on charges against Mr Bond in July 2020.