Afren calls in Serious Fraud Office
- 27 Mar 2015
| 1 minute read
Afren says it has passed information to the UK’s Serious Fraud Office (SFO) after an investigation uncovered new concerns over expenses payments. In a statement released late on Friday 20 March, Afren said reporting the concerns was a condition for the provision of interim funding from bondholders to keep the indebted company afloat. The concerns arise from an investigation by Willkie, Farr & Gallagher (WFG) regarding the hire of an individual in 2012, and the payment of travel and accommodation expenses connected to Afren’s activities, the company said.
Want to read more?
(Access to one African Energy article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map