Saudi Press

Saudi Arabia and the world
Thursday, Sep 11, 2025

Former Unaoil executive sentenced over Iraq bribery worth $1.7bn

Former Unaoil executive sentenced over Iraq bribery worth $1.7bn

Basil al-Jarah admitted to paying $17m in bribes to clinch $1.7bn worth of oil projects in post-occupation Iraq.

A British former executive at Monaco-based oil and gas consultancy Unaoil has been sentenced to three years and four months in jail for bribing Iraqi public officials to clinch $1.7bn worth of oil projects in post-occupation Iraq.

Iraqi-born Basil al-Jarah, Unaoil’s former Iraq country manager, admitted to paying $17m in bribes to secure contracts to construct oil pipelines, an oil platform and offshore mooring buoys in the Gulf, as the war-torn nation tried to shore up a battered economy after the fall of ex-president Saddam Hussein in 2003.

It is the third sentence handed down by a London judge after a five-year investigation by the Serious Fraud Office (SFO) and United States authorities into how the prominent Ahsani family, which ran Unaoil, secured energy contracts for Western blue-chip clients in the Middle East, Africa and Central Asia.

Former Unaoil managers Stephen Whiteley, 55, and 45-year-old Ziad Akle have already been sentenced to three and five years in jail respectively after a London trial.

“This was a classic case of corruption, where powerful men took advantage of the desperation and vulnerability of others to line their own pockets,” said SFO head Lisa Osofsky.

Al-Jarah’s lawyer did not immediately reply to requests for comment.

The SFO investigation originally centred on the Ahsanis, but failed extradition attempts culminating in a clash in Italy with US prosecutors over the extradition of Saman Ahsani in 2018 thwarted the agency’s attempts to prosecute them in the UK.

British prosecutors alleged 71-year-old al-Jarah, British-Lebanese Akle, and Whiteley, who is British, conspired with others to bribe public officials at Iraq’s South Oil Company and, in al-Jarah’s case, the Iraqi Ministry of Oil.

Akle and Whiteley denied wrongdoing. Al-Jarah pleaded guilty to five offences in 2019 and asked for further offences to be taken into consideration at his sentencing hearing on Thursday.

Whiteley and Akle, found guilty of conspiring to pay more than $500,000 in bribes to win a $55m oil contract, plan to appeal against their convictions, according to their lawyers.

Paul Bond, a 68-year-old former sales manager for former Unaoil client SBM Offshore, faces a retrial in January after the jury could not reach a verdict in his case.

Brothers Cyrus and Saman Ahsani, Unaoil’s British-Iranian former CEO and chief operating officer, await sentencing in the US after pleading guilty to bribery in 2019.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Cristiano Ronaldo Makes Surprise Stop at New Hong Kong Museum
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
×