Martin Coyle

London

Senior Correspondent at MLex Market Insight

Correspondent covering bribery, corruption and financial crime at @MLexclusive Email me at [email protected]. Might be the odd watford tweet.

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Articles

Ex-Barclays boss Staley loses UK industry ban case over Epstein links

2 days ago | mlex.com | Martin Coyle |Sofia Gerace

By Martin Coyle and Sofia Gerace ( June 26, 2025, 11:06 GMT | Insight) -- Former Barclays boss Jes Staley has lost his bid to overturn a ban from the UK’s financial services industry following a UK tribunal ruling today, but was given a reduced fine in the case. The former chief executive faced off against the UK’s Financial Conduct Authority earlier this year at the Upper Tribunal in London as he fought to salvage his reputation over his links to disgraced US financier Jeffrey Epstein.
UK fraud agency is on the hunt for fresh cases, chief Ephgrave says

4 days ago | mlex.com | Martin Coyle

By Martin Coyle ( June 24, 2025, 16:34 GMT | Insight) -- The UK's white-collar crime prosecutor is actively looking for fresh cases, its head said today as he welcomed the return of US foreign corruption prosecution after a period of hiatus earlier this year. “I want us to go hunting for cases,” Serious Fraud Office director Nick Ephgrave told an event.
Cybersecurity company EXN fined EUR16 million in French bribery-probe plea deal

1 week ago | mlex.com | Martin Coyle

By Martin Coyle ( June 19, 2025, 11:47 GMT | Insight) -- Cybersecurity company Exclusive Networks Corporate, or EXN, has been fined 16 million euros as part of settlement reached with French prosecutors over bribery allegations.
Former Metro Bank executives see fines reduced by tribunal

1 week ago | mlex.com | Phoebe Seers |Martin Coyle

By Phoebe Seers and Martin Coyle ( June 17, 2025, 09:00 GMT | Insight) -- Two former Metro Bank senior executives have seen financial penalties imposed by the UK financial markets watchdog over misleading public statements published by the bank reduced by an appeal tribunal.
Norway warns of negative impact of US stepping back from foreign bribery cases

2 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( June 10, 2025, 14:25 GMT | Insight) -- The dialing back of US enforcement of foreign bribery cases will have a negative impact on compliance globally and has already affected a joint corruption investigation, the head of Norway’s public prosecutor's office has told MLex.
Four jailed over UK health service bribery case called 'campaign of corruption'

3 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( June 5, 2025, 15:24 GMT | Insight) -- Four men involved in a bribery ring that saw corrupt payments made to secure millions of pounds worth of UK state healthcare service contracts were each jailed for between six and eight years today.
Adani Group entity denies US report of Iran sanctions evasion probe

3 weeks ago | mlex.com | Samuel Rubenfeld |Martin Coyle

By Samuel Rubenfeld and Martin Coyle ( June 3, 2025, 19:44 GMT | Insight) -- An Adani Group entity has denied engaging in sanctions evasion following a media report that US investigators have opened a new front in their probe of the Indian conglomerate’s business activities.
NMC Health audit investigators found fraud 'cheat sheets,' UK court told

3 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( June 3, 2025, 11:47 GMT | Insight) -- Forensic accountants investigating a massive fraud at NMC Health found internal “cheat sheets” in the company’s systems setting out its true financial position and detailing how “significant payments” were made from the healthcare provider, a UK court heard today.
AOG Technics executive appears in UK court over fake plane parts allegation

3 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( June 2, 2025, 10:23 GMT | Insight) -- An executive at UK aircraft parts supplier AOG Technics has appeared in a London court today following a fraud charge brought against him related to the alleged sale of fake aircraft parts.An executive at UK aircraft parts supplier AOG Technics has appeared in a London court today following a fraud charge brought against him related to the alleged sale of fake aircraft parts....
UK businessman appears in court over multiple Malawi bribery charges

4 weeks ago | mlex.com | Martin Coyle

By Martin Coyle ( May 30, 2025, 15:08 GMT | Insight) -- A British businessman appeared in a London court today to face 18 charges linked to bribery involving high-ranking public officials in Malawi, including the country’s former vice-president. Zuneth Abdul Rashid Sattar is accused of paying bribes to secure contracts worth tens of millions of dollars. He was today ordered to pay two million pounds in surety and hand over his passport as part of bail conditions.