Louise Mansfield reports on convicted suppliers ‘self-cleaning’ previous bad behaviour ‘Suppliers previously excluded from public procurement for bad practice (including but not limited to corruption) will be able to “self-clean” – ie their exclusion will be brought to an end, if they can prove they have sufficiently remediated.’The Public Contracts Directive 2014/24/EC (the 2014 Directive), …
Continue reading "Bribery: Born again"
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Wills & Trusts Law Reports | November 2014 #144Mr Mikhaylyuk (M), a manager for the first respondent, NOUK, with responsibility for negotiating the charters of vessels owned by companies within the Novoship group, the remaining respondents, owed fiduciary duties to all the respondents. M had arranged a series of schemes by which he defrauded his principals and enriched himself and others by the payment of bribes given to him by those who chartered his principals’ vessels. These schemes included one concerning vessels chartered to companies owned and controlled by Mr Ruperti (R) which R then sub-chartered at substantially higher rates...
