AGM has recommended that Institutional Shareholder Services investors abstain from voting to re-elect Ayman Asfari as CEO at the company’s Asfari on Friday . Rene Medori, Petrofac’s chairman, backed Asfari. Petrofac is under investigation by the SFO for suspected bribery, corruption and money laundering as part of a broader investigation into Unaoil . Institutional Shareholder Services has been fined for insider trading in Monaco but is appealing against the decision.
AGM has recommended that Institutional Shareholder Services investors abstain from voting to re-elect Ayman Asfari as CEO at the company’s Asfari on Friday . Petrofac is under investigation by the SFO for suspected bribery, corruption and money laundering as part of a broader investigation into Unaoil . Institutional Shareholder Services has been fined for insider trading in Monaco but is appealing against the decision.