Serious Fraud Office
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Man convicted of multi-million pound corruption sentenced to additional year in prison

Graham Marchment, who was convicted for his role in a multi-million pound energy corruption case has had his default prison sentence of one year activated by the court for failure to pay £37,057.08 outstanding of a confiscation order. This included interest of £4,441.80.

Marchment, 60, a British national originally from West Sussex but resident in the Philippines in recent years, was arrested upon arrival in the UK on 21 March 2018 after failing to pay the majority of the confiscation order originally imposed on him at Southwark Crown Court on 8 April 2016.

Between 2004 and 2008, Marchment worked as a procurement engineer and deliberately leaked confidential information to bidders for contracts worth around £40 million in exchange for payments disguised as commission. The contracts related to oil and gas engineering projects in Egypt, Russia and Singapore.

Activating the sentence in Westminster Magistrates’ Court yesterday, District Judge Blake said:

“You have chosen not to pay this money…you have avoided the order. I have no doubt that you have neglected to pay and if I gave you a further chance you would use that as an opportunity to flee from the jurisdiction.”

Notes to editors:

  • Marchment pleaded guilty to three counts of conspiracy to corrupt and was sentenced to 2.5 years imprisonment on 11 May 2015. See press release.

 

Channel website: https://www.sfo.gov.uk/

Original article link: https://www.sfo.gov.uk/2018/03/22/man-convicted-of-multi-million-pound-corruption-sentenced-to-additional-year-in-prison/

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