Share

Former UK Coca-Cola boss caught taking R29m in bribes

accreditation
0:00
play article
Subscribers can listen to this article
Getty Images

A former Coca-Cola boss in the UK on Thursday avoided jail despite taking more than £1.5 million (R29 million) in bribes in return for channeling lucrative contracts to favoured companies.

Noel Corry, 56, provided companies with confidential information to give them an advantage over rivals when bidding for electrical services contracts for bottling plants in the UK.

In return, he received payments through "bogus" contracts for work at Coca-Cola Enterprises that was never carried out, or overpaying for work done and pocketing the difference, prosecutors said.

At London's Southwark Crown Court on Thursday, he was given a 20-month suspended sentence, while two directors of the other companies involved in the scheme, which ran between 2004 and 2013, were each given a 12-month suspended sentence.

"Corry had established a corrupt culture in the procurement exercise, awarding contracts to those companies whose senior managers were prepared to bribe him for doing so," said Alistair Dickson of the Crown Prosecution Service.

"Coca-Cola Enterprises were wholly unaware of Corry's corrupt actions to enrich himself."

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.76
+1.4%
Rand - Pound
23.43
-0.0%
Rand - Euro
20.08
-0.0%
Rand - Aus dollar
12.25
-0.0%
Rand - Yen
0.12
-0.0%
Platinum
924.10
0.0%
Palladium
959.00
0.0%
Gold
2,337.68
0.0%
Silver
27.19
-0.0%
Brent Crude
89.50
+0.6%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders