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UK Anti-Corruption Enforcement Update - Civil Recovery Settlement with Oxford Publishing Limited by Robert F. Amaee
Covington & Burling LLP - London Office
Ian Redfearn
Covington & Burling LLP - London Office
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July 7, 2012
Previously published on July 5, 2012
The UK Serious Fraud Office (“SFO”) announced earlier this week that it had obtained a civil recovery order from the High Court requiring Oxford Publishing Limited (“OPL”), a wholly-owned subsidiary of Oxford University Press (“OUP”), to pay £1,895,435 plus prosecution costs. This amount represents profits OPL is thought to have generated through the unlawful conduct of its Kenyan and Tanzanian subsidiaries.
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