Today, we have charged a UK insurance company, United Insurance Brokers Limited (UIBL), with failure to prevent international bribery.
UIBL has been charged with failing to prevent its associates from bribing state officials in Ecuador between October 2013 and March 2016.
The SFO alleges that UIBL’s US-based intermediaries for Ecuador paid bribes in return for the awarding of re-insurance contracts worth US$38 million.
You can read more about the case on our website: https://lnkd.in/gvj9Xmym Read More