UK Enforcement: No prison for four convicted in Bertling bribe case
Three former executives of a German logistics firm and an oil company employee they bribed were sentenced to prison in London Friday, but were spared serving any jail time when the judge suspended the sentences.
The three executives of Germany-headquartered FH Bertling Group had pleaded guilty to paying around $445,000 in bribes to help Bertling win a freight forwarding contract with ConocoPhillips worth $20 million.
The contract was for the “Jasmine” North Sea oil project, the SFO said.
The Bertling executives also bribed ConocoPhillips employees to approve and pay Bertling’s inflated invoices.
The FCPA Blog