Legal News

SFO reports on potential breach of DPA with Güralp Systems Ltd

Published on: 25 November 2024
Published by LNB News

LNB News 25/11/2024

Document Information

Issue Date: 25 November 2024

Published Date: 25 November 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Serious Fraud Office (SFO) has announced a potential breach of the Deferred Prosecution Agreement (DPA) with Güralp Systems Ltd, which was finalised on 22 October 2019. The DPA, in which the company accepted charges of conspiracy to make corrupt payments and failure to prevent bribery, involved a payment of £2,069,861. On 21 November, the SFO informed the court of the suspected breach and requested a hearing at Southwark Crown Court (sitting at the Royal Courts of Justice) to take the matter forward. This development follows the conclusion of a related trial at Southwark Crown Court, where Dr Cansun Güralp, and Natalie Pearce were found not guilty on 20 December 2019, with Andrew Bell having been acquitted two days earlier.

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