Nigeria: SFO investigates Rolls-Royce’s deals with PSL


Issue 324 - 27 May 2016
The UK’s Serious Fraud Office (SFO) has begun investigations into Rolls-Royce’s operations in Nigeria, following accusations that the London Stock Exchange-listed engineering group filtered payments through intermediaries such as Unaoil to win deals in Indonesia, China, India and Brazil. As with previous investigations, the deals under scrutiny were transacted by Rolls-Royce’s previous management, headed by Sir John Rose. The Times newspaper reported on 20 May that the Nigerian deals involved Rolls-Royce’s alleged use of an intermediary company, PSL Engineering and Control, to influence the sale of gas turbines.

Want to read more?

Medium article

£9

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

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

Register

Africa Investment Exchange: Power & Renewables

16-17 November 2022, RSA House, London

Enabling power project development in Africa

First held at RSA House in 2014, AIX: Power & Renewables has become one of the meeting places of choice for Africa’s power sector stakeholders, including leading private and public sector investors, African officials and project developers.

Produced by African Energy, the meeting is held under the Chatham House Rule and structured around interactive panel-led sessions to encourage an open debate.

More than 45 panellists have so far confirmed

See the latest agenda here.

There is a 10% discount on tickets that ends on 28 October.

African Energy subscribers and AIX members receive a 35% discount on tickets

For bookings contact Ricky Purnell

Sponsored by