扒哥吃瓜

On 19 April 2018, the SFO opened a criminal investigation into suspected offences of corruption in the conduct of business in Algeria by Ultra Electronics Holdings Limited (formerly plc) (鈥淯ltra鈥�), its subsidiaries, employees and associated persons, following a self-report by Ultra.

On聽1 May 2026, the SFO and聽Ultra聽Electronics Holdings Ltd聽finalised a Deferred Prosecution Agreement,聽accepting聽that it聽did not have adequate procedures in place to聽identify聽and mitigate bribery and corruption risks聽and agreed to pay聽a penalty of 拢10 million and聽the SFO鈥檚 investigation costs of聽拢4.8 million.

Case timeline

1 May 2026聽鈥撀�1 May 2026聽鈥撀�DPA between the聽SFO and聽Ultra Electronics Holdings Ltd)聽approved in court.

1 Oct 2024 鈥� The SFO has extended the existing criminal investigation to permit the investigation of any suspected offences of bribery and corruption or linked offending, including money laundering, committed by Ultra, its subsidiaries, employees and agents in any country, provided the suspected offences are triable in this jurisdiction.

12 Jun 2023 鈥� The SFO has expanded its criminal investigation to include further suspected corruption in the conduct of business in Oman by Ultra Electronics Holdings plc (鈥淯ltra鈥�), its subsidiaries, employees and associated persons.

19 Apr 2018 鈥� SFO investigation announced.

See our past press releases under 鈥淣ews鈥� on the SFO鈥檚 .

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