The Palgrave Handbook of Criminal and Terrorism Financing Law by Colin King Clive Walker & Jimmy Gurulé

Author:Colin King, Clive Walker & Jimmy Gurulé
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham

Innospec

SFO—2010

Corruptive payments to public officials of the Government of Indonesia to secure contracts for sale of tetraethyl lead.

Conspiracy to corrupt contrary to s.1 Criminal Law Act 1977 and s.1 Prevention of Corruption Act 1906.

Up to US$160m [£104.9m] in contracts and benefits.

$12.7m [£8.3m]a incorporating confiscation order ($6.7m [£4.4m]) and civil recovery ($6m [£3.9m]) plus prosecution costs.

DePuy International Ltd (UK subsidiary of Johnson and Johnson in the USA who also faced bribery charges)

SFO—2011

Corruptive payments to Greek medical professionals relating to the sale of orthopaedic products.

Not specified. No corporate criminal prosecution so to avoid ‘double jeopardy’, as company criminally sanctioned in the USA. Former Director John Dougall prosecuted for conspiracy to corrupt contrary to s.1 Criminal Law Act 1977 and s.1 Prevention of Corruption Act 1906.

Retention and enhancement of market position.

Greek government paid approximately £33.5m to DePuy for products (£14.8 passed back to DePuy, £14.8m represents unlawfully obtained property).

Civil recovery of £4.8m plus unspecified prosecution costs (plus fines of US parent company Johnson and Johnson). Recovery limited by SFO in light of US fines.

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