Financial Times FT.com

US probes target British business

By Michael Peel, Legal Correspondent

Published: May 31 2009 23:04 | Last updated: May 31 2009 23:04

British-linked businesses are the prime foreign targets of US corporate bribery probes, according to research published on Monday that highlights how UK companies and executives are being caught up in Washington’s purge on international corporate corruption.

Companies based in the UK, Bermuda and the Cayman Islands account for 16 of the 29 ongoing investigations in Washington’s fast-expanding assault on graft by overseas companies, says Freshfields Bruckhaus Deringer, the law firm.

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