Foreign Corrupt Practices Act: Investigations Dataset

Investigation Name: Investigation into KBR's Activities with Unaoil

Trend: Unaoil

Type of investigation: SEC, DOJ

Other Agencies Investigating/Assisting with SEC/DOJ Investigation:

U.K. Serious Fraud Office

Whistleblower: Yes

Summary

KBR, Inc. (KBR) is a U.S. based company operating in fields of science, technology and engineering. KBR works in various markets including aerospace, defense, industrial and intelligence.

In its April 29, 2016 10-Q report, KBR disclosed that it had been contacted by the DOJ in connection with the DOJ's investigation of Unaoil, a Monaco based company, concerning "activities Unaoil may have engaged in related to international projects involving several global companies, including KBR." KBR disclosed that it was cooperating with the DOJ's requests for information.

In its July 29, 2016 10-Q report, KBR disclosed that it was cooperating with the DOJ and the SEC in their Unaoil-related investigations, and that the company's cooperation included the voluntary submission of information and compliance with document requests, including a formal request from the SEC by subpoena.

On April 28, 2017, KBR confirmed that the Serious Fraud Office in the U.K. was also investigating the company's ties to Unaoil.

In it 10-Q filed on August 6, 2020, KBR disclosed that both the DOJ and SEC had informed the company that they had closed their investigations.

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| Investigations Dataset

Investigations Dataset

Information & Summary

Investigation into KBR's Activities with Unaoil

Information & Summary

Protected Content