crown office

Oil & Gas

Parker says ITS will not face criminal prosecution

19/12/2014

The US owner of Aberdeen firm International Tubular Services (ITS) says the business will not face criminal prosecution after its admission of bribery and corruption. As revealed on Energy Voice yesterday, the Crown Office and Procurator Fiscal Service’s civil recovery unit recovered £172,200 under proceeds of crime legislation from ITS after it benefited from unlawful conduct. ITS admitted it had benefited from corrupt payments made by a former Kazakhstan-based employee. The payments were made to secure extra contracts from a customer in the country.

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