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A former executive at Monaco-based Unaoil will not be extradited to the UK to face corruption charges, according to a report by MLex, the reputable media outlet specialising in financial coverage.
A court official allegedly told MLex that Prince Albert rejected a request by UK fraud prosecutors to extradite Saman Ahsani, Unaoil’s former commercial director, following an “adverse opinion” from Monaco’s Court of Appeal. The ruling can’t be appealed, a court official said.
The allegations against Mr Ahsani were not liable for criminal prosecution under Monaco’s laws at the time they were alleged to have occurred, the official added. The decision was made on February 28, but had not been made public until now.
Mr Ahsani has not been charged with any offence and has denied wrongdoing.
The UK had opened a criminal probe into Unaoil to investigate suspected bribery, corruption and money-laundering two years ago following allegations in the Australian press.
A new report written in part by researchers at the Scientific Centre of Monaco calls for coral reefs to be given the same funding as other grand challenges like landing on the moon.
The Monaco E-Prix will for the first time utilise the full 3.32-kilometre track layout thanks to the introduction of a new car whose features have increased performance and range.
The Committee for the Promotion and Protection of Women’s Rights is launching a new gender equality campaign, this time focusing on the workplace.
The world of football was rocked on Sunday when it was announced that 12 football clubs are breaking away to form a new European Super League. This was AS Monaco's response.