Mr. Savage was charged with two charges of deliberately providing misleading information, contrary to Australian corporate law.
Police allege that he helped hide and modify company documents that could reveal Layton’s corruption.
The study received reports from Layton on improper payments by Layton Offshore registered in Singapore for two contracts worth a total of approximately $ 1.46 billion with Iraqi crude oil exports in 2010 and 2011. Started in the year.
The contract involved the construction of an offshore oil pipeline that would boost Iraq’s crude oil export capacity.
According to AFP, the main targets of the bribery scheme were Iraqi Ministry of Oil officials and government officials within Iraq’s South Oil Company.
Savage is the second Australian executive arrested in connection with Unaoil’s plot, which has already led to imprisonment or guilty plea for European and US executives.
Russell War, a former subordinate of Mr. Savage, is said to have masterminded the plan to secure the contract. He was arrested in November.
The document filed in the proceedings against Mr. War details the suspicious email between Mr. War and Mr. Savage.
First, Savage instructed War to “correct” the power points of the Iraqi project, which was to be presented to CEO Walking and his fellow director Layton in October 2010. .. The detective’s alleged $ 48.5 million payment was part of a slush fund to pay a bribe.
“Obviously, we need to put everything in the’right’place,” Savage said, making sure to “fill in” certain large payments that could raise board suspicions. Allegedly sent to Mr. War by email.
Court documents also refer to a file note created by another Layton executive in November 2010.
Mr. Savage’s return to Australia on December 27, 2020 has triggered border alerts to interested parties. He is based in France and owns a chateau.
His accusation is not as serious as Mr. War’s accusation, but he can be put in jail even if convicted.
A third man, Asia-based Peter Cox, is also being sought after by AFP for his alleged role in bribery plots.
Investigations are ongoing and further arrests and prosecutions are possible.
We saw bribes to Layton officials, alongside other Western multinationals, drawn into the international Unaoil scandal.
Unaoil was selected for Layton’s offshore sector as part of Layton’s aggressive international expansion into Asia and the Middle East.
Unaoil’s widespread criminal activity was revealed in an unsealed indictment filed in the United States in 2019. US officials have accused Unaoil of paying bribes on behalf of up to 25 multinationals for more than a decade.
A large-scale global conspiracy was publicly revealed by Age And Sydney Morning Herald In 2016, it led to official corruption investigations around the world.
Brothers Cyrus Ahsani, 51 and Saman Ahsani, who ran Unaoil, each pleaded guilty to violating the widespread Foreign Corrupt Practices Act in the United States. The pair will appear in Texas court in this year’s ruling.
AFP investigators worked with US and UK authorities to seize more than 2 million documents, obtain evidence from 10 countries, and provide evidence to foreign agencies to assist in prosecution.
Savage and Waugh have been top executives of ASX-listed companies charged with foreign bribery crimes in Australia since the law was passed in 1999.
Fergus Hunter is a criminal reporter at The Sydney Morning Herald.
Nick McKenzie is an investigative journalist who has been selected twice as an Australian journalist of the year. Winner of the 10th Walkley Award, he investigates politics, business, diplomacy / defense, human rights issues, and police / criminal justice.
Former Leighton executive David Savage arrested over Unaoil scandal involvement Source link Former Leighton executive David Savage arrested over Unaoil scandal involvement