Engineering Group Will Admit Bribing Iraq Regime

Summary


Engineering group Weir is to plead guilty to breaking United Nations sanctions after it admitted giving kickbacks to Saddam Hussein's regime.

Glasgow-based Weir, which makes pumps and valves for the oil and gas industry, expects to receive a fine and pay a confiscation order worth Pounds 13.9 million when the case is heard in the High Court in Edinburgh today.

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Extract


Engineering Group Will Admit Bribing Iraq Regime

It has admitted two charges of breaching United Nations...

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