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Former Petrofac exec pleads guilty to bribery over Iraq, Saudi oil deals

( February 7, 2019, 08:00 GMT | Official Statement) -- MLex Summary. A former executive at Petrofac International pleaded guilty to 11 counts of bribery at a London court yesterday. David Lufkin, 51, former global head of sales, admitted offenses related to the awarding of corrupt contracts worth $730 million in Iraq and more than $3.5 billion in Saudi Arabia. He will be sentenced at a later date. The Serious Fraud Office's investigation into the oil-servcies company, which opened in July 2017, continues.Statement follows....

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