Ex-Innospec Director Charged by U.K. on Indonesian, Iraqi Bribes

A former business unit director at an Innospec Inc. (IOSP) unit was charged with trying to bribe public officials in Indonesia and Iraq to win contracts to supply the fuel additive tetraethyl lead.

David Turner, 56, the former director of the Octane Additives division in Innospec’s U.K. unit, was charged today with conspiracy to corrupt by giving or agreeing to give bribes in the two countries over a seven-year period, according to the Serious Fraud Office, which is prosecuting the case.

Turner was also charged with conspiring to defraud a competitor, the Ethyl Corp. subsidiary of Richmond, Virginia- based NewMarket Corp. (NEU), by bribing officials of the Iraqi government to give unfavorable assessments on one of Ethyl’s products.

Turner was charged at a London magistrates court and the case was transferred to a higher criminal court, where he is scheduled to appear on Nov. 2. He was released on bail.

To contact the reporter on this story: Lindsay Fortado in London at lfortado@bloomberg.net

To contact the editor responsible for this story: Christopher Scinta at cscinta@bloomberg.net

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