Ex-PWS Director Sentenced In Costa Rica Bribery Probe

Law360, New York (October 26, 2010, 6:30 PM EDT) -- The former director of London-based insurer PWS International Ltd. was sentenced Tuesday to 21 months in prison for paying about $2 million in bribes to win reinsurance contracts in Costa Rica.

Julian Messent, 50, was also ordered by Judge Geoffrey Rivlin in London to pay $160,000 in compensation to the Republic of Costa Rica. If he fails to make the full payment within 28 days, he faces an additional 12 months in prison, according the U.K. Serious Fraud Office, which prosecuted the offense.

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