Soma Loses U.K. Court Bid to Force SFO to End Bribery Probe

  • Lawyer for Soma says company risks ‘death’ because of probe
  • Prosecutors investigating new claims of ‘serious criminality’

Soma Oil & Gas Holdings Ltd. lost a court bid to force the U.K. Serious Fraud Office to end a bribery investigation into the company despite arguing that the firm may become insolvent if the probe continues.

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