London Daily

Focus on the big picture.
Sunday, Jul 12, 2026

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

0:00
0:00
Close
Government Creates Emergency Support Scheme for Financially Struggling Universities
United Kingdom Replaces Traditional Farm Subsidies With Payments Linked to Environmental Performance
National Grid Reports First Week of Electricity Generation Without Fossil Fuels
United Kingdom Financial Regulator Introduces Tougher Capital Rules for Cryptocurrency Exchanges
Belfast Harbour Expands Operations to Attract Investment Through United Kingdom and European Union Market Access
Scottish Government Threatens Legal Challenge Over Westminster Cuts to North Sea Transition Funding
United Kingdom Accelerates Trans-Pennine High-Speed Rail Project Linking Northern Cities
United Kingdom Secures Ten Billion Pound Investment for Cambridge Quantum Computing Campus
Port Talbot Steelworks Wins Support for Green Hydrogen Transition and Protection of Industrial Jobs
United Kingdom Sends Royal Navy Carrier Strike Group to Indo-Pacific as Regional Security Focus Expands
National Health Service Expands Artificial Intelligence Diagnostics Across England to Reduce Screening Backlogs
United Kingdom Launches Fifty Billion Pound Infrastructure Fund to Accelerate Housing and Construction
UK Medical Chiefs Update Health Guidance to Promote Everyday Physical Activity
Office of Communications Keeps Wikipedia Under Review Under UK Online Safety Rules
UK Defence Ministry Expands Deep-Strike Capability Through Precision Missile Programme
Russell Group Universities Warn Funding Cuts Could Damage NHS Workforce Training
UK Parliament Calls for National Emergency Broadcast as Heatwave Conditions Intensify
UK and Netherlands Strengthen Naval Cooperation With New Amphibious Defence Partnership
UK Defence Ministry Joins International Missile Programme With One Hundred and Ninety Million Pound Investment
Bank of England Warns Middle East Conflict and AI Risks Could Pressure UK Economy
UK Government Introduces New Rules to Limit Foreign Influence in Political Donations
UK and France Prepare Naval Mission to Protect Shipping Through Strait of Hormuz
United States Pressures UK to Increase Defence Spending at NATO Summit
Bank of England Warns Artificial Intelligence Investment Boom Could Create Financial Stability Risks
Bank of England Begins Direct Oversight of Critical Technology Providers Supporting UK Finance
Andy Burnham Set to Become UK Prime Minister After Labour Leadership Race Clears Path to Downing Street
Scottish Fishing Industry Calls for Emergency Support Amid Rising Costs
UK Supports Stronger European Response to Russian Actions in Ukraine
Devon and Cornwall Police Release Suspect in Ann Widdecombe Murder Investigation
Scottish MPs Demand More Government Support for Fishing Industry
UK Aviation Sector Faces New Rules as Parliament Reviews Passenger Protection Reforms
King’s College London Disciplines Students Over Pro-Palestine Campus Protests
Ministry of Defence Expands Military Capabilities Through New Precision Strike Investment
United Kingdom Condemns Russian Treatment of Ukrainian Children at International Security Forum
House of Lords Reviews Civil Aviation Bill to Strengthen Passenger Rights and UK Aviation Competitiveness
UK Aerospace and Defence Industries Contribute Nearly Forty-Seven Billion Pounds to Economy
UK Government Advances Consultation on Possible Social Media Ban for Children Under Sixteen
United Kingdom Ratifies Global High Seas Treaty to Protect Marine Biodiversity
United Kingdom Joins United States Precision Strike Missile Programme With One Hundred Ninety Million Pound Investment
UK Senior NHS Doctors Vote for Further Strike Action Over Pay and Contract Disputes
BBC Leadership Resigns After Donald Trump Launches Ten Billion Dollar Defamation Lawsuit
UK Fiscal Watchdog Warns Andy Burnham Government Faces One Hundred Billion Pound Budget Challenge
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Cross-Party MPs Call for National Climate Emergency Broadcast
Bayeux Tapestry Arrives in the United Kingdom for Landmark Exhibition
United Kingdom Launches Modern Slavery Prevention Programme in Vietnam
×