BusinessPeople In BusinessFD prosecuted by anti-corruption unit

FD prosecuted by anti-corruption unit

FD of security company pleads guilty to bribing Ugandan officials

The Department for Business Enterprise and Regulatory Reform has announced
that the City of London Police Overseas Anti-Corruption Unit has made its first
successful prosecution.

Neil Tobiasen, finance director and managing director of CBRN Team, was
convicted of overseas corruption and pleaded guilty to bribing Ugandan officials
at Southwark Crown Court, the
Financial
Times
reported.

CBRN, are a British Security company based in Wiltshire that specialises in
countering chemical threats.

John Hutton, anti-corruption minister said: ‘I whole heartedly congratulate
the Overseas Anti-Corruption Unit for their landmark success in this case.’

‘Corruption hurts honest companies and raises the cost of doing business.
This is the first of what I hope will be many victories for the unit in the
fight against corruption and bribery’ he added.

It is the first conviction since the 2001 law which explicitly makes it an
offence to bribe foreign public officials. It was lead by Berr which heads up
the anti-corruption efforts in the UK.

Tobiasen will be sentenced later this year.

Further reading:

Guilty
plea to bribery sets legal landmark

SFO
chief faces fresh round of criticism

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