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Bribery Act and self-reporting – the first civil settlement 27/11/2012 Details of the first civil settlement made under the Bribery Act self-reporting initiative were published last week.

Bribery Act and self-reporting – the first civil settlement

Details of the first civil settlement made under the Bribery Act self-reporting initiative were published last week.

According to the Crown Office, the Civil Recovery Unit is to recover £5.6 million under Proceeds of Crime legislation after Scottish drilling company Abbot Group Limited admitted that it had benefited from corrupt payments made in connection with a contract entered into by one of its overseas subsidiaries and an overseas oil and gas company.

The self-reporting initiative was launched on 1st July 2011 when the Bribery Act 2010 came into force and was to last for an initial period of 12 months. The initiative was reviewed at the conclusion of this period and it was extended for a further 12 months, until 30th June 2013.

Each case reported to COPFS under the self-reporting initiative is considered on its own merits.

There may be self-reported cases where it is in the public interest to refer the case to the Civil Recovery Unit with a view to a civil settlement being agreed. There will be other cases that are so serious that they will merit prosecution and confiscation proceedings.

“Abbot is the first company to have met the strict criteria of the self-reporting initiative since it was introduced in 2011,” said Ruaraidh Macniven, Head of the Civil Recovery Unit. “That initiative enables responsible businesses to draw a line under previous conduct and, providing the criteria are met, affords the possibility of a civil settlement.  Self-reporting is an important way to ensure that corruption is exposed and that companies put in place effective systems to prevent it.”

 

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