Posted by Claus Andersen, Partner
On 1 September 2016 Withy King LLP merged with Royds LLP. The trading name for the merged firm is Royds Withy King. All content produced prior to this date will remain in the name of the firms pre-merger.
Serious Fraud Office Investigating Nuclear Turbine Business
Alstrom, who are considered to be world leaders in nuclear steam turbines and are also responsible for building over 60 percent of the UK’s nuclear steam turbines; are reportedly facing an investigation from the Serious Fraud Office.
Reports published over the weekend have suggested that the Serious Fraud Office are investigation the firm in relation to alleged corruption; with the government’s chief legal adviser providing the green light for the Serious Fraud Office to prosecute the business and any individuals involved, in relation to alleged overseas bribery.
According to reports the Serious Fraud Office have recently invited the company for discussions, which could pre-empt any decision to file charges; whilst it has also been suggested that several individuals associated with the business, have received letters which have informed them that they are under investigation.
Despite the reports over the weekend, the Serious Fraud Office has so-far refused to comment on the case; however for any business or individual, who finds themselves facing allegations relating to bribery offences or fraud, our corporate and commercial solicitors will be able to assist.
To find out how we can help you, if you’re looking to start your own business please contact Claus Andersen, Partner in Corporate and Commercial or John North, Head of Corporate and Commercial on 020 7583 2222.
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