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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 delegation from Monaco has visited the African nation of Mali where health, education and civil protection topped the agenda.
The 9th edition of the Pink Ribbon Monaco Walk has been a huge success, with close to 200 participants dressing in pink and supporting a very important cause.
The National Assembly has welcomed the latest graduates to the Principality’s Police Force.
An incredible 12-month time lapse video showing the creation of Monaco’s mammoth land extension project has just been released.