Bourbon SA Involved After Tax Audits in West Africa
April 14 2015 - 3:38PM
Following the arrest of the former Tax Manager of the company at
the airport of Marseille-Provence while he was returning from
Africa in possession of approximately 190,000 euros in cash in
October 2012, a judicial investigation has been initiated in
Marseille.
This investigation relates in particular to
allegations of bribery of public officials in Cameroon, Equatorial
Guinea and Nigeria in connection with the tax audits of local
entities in 2011 and 2012.
The former Tax Manager, who had been immediately
dismissed since then, has been placed under formal investigation,
in particular for bribery of foreign public officials. As a
consequence, the legal entity Bourbon SA has today been placed
under formal investigation for the same charge, together with a
guarantee of 1 million euros.
Pursuant to this procedure, after the former Tax
Manager was placed under formal investigation, some members of the
Executive Management were placed under formal investigation in
April and November 2013 for complicity in bribery.
BOURBON and its Executive Management contest
very strongly the charges brought against them, and it is noted
that they are entitled to the presumption of innocence and will
reserve their explanations for the judicial authorities.
The group operates in complex environments. Its
activities are carried out in strict compliance with the laws of
each country and BOURBON attaches great importance to compliance
with anti-bribery regulations. Moreover, these events have
encouraged the group to strengthen its policies, procedures and
training programs in relation to ethics and compliance and in
particular those regarding the fight against bribery.
About BOURBON
Among the market leaders in marine services for
offshore oil & gas, BOURBON offers the most demanding oil &
gas companies a wide range of marine services, both surface and
sub-surface, for offshore oil & gas fields and wind farms.
These extensive services rely on a broad range of the
latest-generation vessels and the expertise of more than 11,000
skilled employees. Through its 28 operating subsidiaries the group
provides local services as close as possible to customers and their
operations throughout the world, of the highest standards of
service and safety.
BOURBON provides two operating Activities
(Marine Services and Subsea Services) and also protects the French
coastline for the French Navy.
In 2014, BOURBON'S revenue came to €1,346.4
million and the company operated a fleet of 505 vessels as of
December 31, 2014. Under the "BOURBON 2015 Leadership Strategy"
plan, the group has built a vast fleet of innovative,
high-performance mass produced offshore vessels.
Placed by ICB (Industry Classification
Benchmark) in the "Oil Services" sector, BOURBON is listed on the
Euronext Paris, Compartment A.
Contact
Media relations agency Publicis
Consultants
Jérôme Goaer +33 144 824 624
jerome.goaer@consultants.publicis.fr
PDF version
http://hugin.info/159569/R/1911230/681850.pdf
HUG#1911230
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