SFO Charges Two More In Innospec Probe

Dennis Kerrison, 67, former chief executive of Associated Octel Corp. (which was later renamed Innospec), appeared before Westminster Magistrates’ Court and was charged with conspiracy to corrupt. Paul Jennings, 54, who succeeded him as chief executive and stepped down in 2009, was charged with two counts of conspiracy to corrupt.The SFO alleged that Kerrison and Jennings gave or agreed to give corrupt payments to public officials and other agents of the Indonesian government in return for contracts to supply Innospec’s products, including the fuel additive Tetraethyl Lead.

Read more: SFO Charges Two More In Innospec Probe — WSJ Corruption Currents