Sanctions: Notable case

First successful prosecution by the SFO of a company (M&J Ltd) involved in overseas corruption and breaches of sanctions relating to the Iraq ‘Oil for Food ‘ programme. This was one of the first cases  of its type in which the parties formulated a plea agreement involving suggested levels of fine and reparation and in which the company agreed to monitoring requirements.

http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2011/mabey--johnson-directors-made-illegal-payments-to-sadam-hussein's-iraq-to-gain-contract.aspx