MOU between UK and Nigeria in relation to a compensation payment of 拢210,610

Policy paper

MOU between UK and Nigeria in relation to a compensation payment of 拢210,610

This MOU relates to the terms of the deferred prosecution agreement between the SFO and Amec Foster Wheeler Energy Limited in July 2021.

From:: Home Office
Published: 21 February 2022

Documents

MOU between the UK and Nigeria concerning the application of the compensation amount derived from the deferred prosecution agreement between the Serious Fraud Office and AMEC Foster Wheeler Energy Limited (accessible version)

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Details

On 1 July 2021, the Serious Fraud Office entered into a Deferred Prosecution Agreement (DPA) with Amec Foster Wheeler Energy Limited (AFWEL) relating to the use of corrupt agents in the oil and gas sector.

Under the terms of the DPA, AFWEL paid a financial penalty and costs amounting to 拢103 million in the UK, which formed part of the US$177 million global settlement with UK, US and Brazilian authorities.

The amounts paid by AFWEL in the UK include payment of the SFO鈥檚 costs of 拢3.4 million and payment of compensation to the people of Nigeria of 拢210,610.

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Published 21 February 2022

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