Ex-Innospec CEO Pleads Guilty To 3rd UK Bribery Charge

Law360, New York (July 30, 2012, 5:54 PM EDT) -- The former head of chemical manufacturer Innospec Inc. pled guilty in a U.K. court Monday to charges of conspiring to bribe Iraqi government officials, the latest development in a broad multinational probe over the company’s alleged corrupt dealings. 

Former Innospec CEO Paul Jennings copped to charges that he bribed officials in the Iraqi government in 2006 and 2007 to doctor test results for a fuel additive made by competitor Ethyl Corp., in a purported effort to harm the company’s bids for supply contracts, the Serious Fraud...
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