Petrofac Fined $105m; Shares Rally Futher

Last Update: 2021-10-04 00:00:00 - Source: Iraq Business News

By John Lee. Shares in Petrofac were trading up more than 7 percent on Monday, as the company was ordered to pay GBP 77 million [$105 million] after the UK's Serious Fraud Office (SFO) secured further convictions in its investigation into bribery and corruption at the Jersey-registered energy services company. On Friday, Petrofac Limited pleaded […]

The post Petrofac Fined $105m; Shares Rally Futher first appeared on Iraq Business News.