Zulfikar Mirza, the former home minister, allegedly boasted that he had eliminated Rehman Baloch, the head of the PAC. Reuters
Zulfikar Mirza, the former home minister, allegedly boasted that he had eliminated Rehman Baloch, the head of the PAC. Reuters
Zulfikar Mirza, the former home minister, allegedly boasted that he had eliminated Rehman Baloch, the head of the PAC. Reuters
Zulfikar Mirza, the former home minister, allegedly boasted that he had eliminated Rehman Baloch, the head of the PAC. Reuters

Political violence shifts to Karachi


  • English
  • Arabic

The competition to be Pakistan's most violent place is intense. The obvious main candidate for that title would be the Federally Administered Tribal Areas along the north-west border with Afghanistan, a territory that is home to dozens of Islamist militant groups, including the Taliban and Al Qaeda. Not far behind would be the vast, sparse western province of Balochistan, where security forces have been fighting a nationalist insurgency since 2004. This year, however, that unwanted title belongs to Karachi, a sprawling port city of about 17 million people, according to calculations by the Human Rights Commission of Pakistan, the country's top NGO.

This conclusion has found support from the Pakistan Rangers, a paramilitary force usually responsible for patrolling the eastern border with India. Days before Eid Al Fitr the organisation was given the unenviable task of restoring some semblance of order to Karachi, an industrial and financial centre that dominates the country's economy.

And it is the accumulation of wealth, rather than the decades-old bloody rivalry between ethnic groups, that is behind a recent campaign of carnage, according to analysts, businessmen, knowledgeable residents and, privately, even the gangsters in a series of interviews conducted for this story.

There is consensus among them that the combatants of this gang war were the proxies of leadership figures of the ruling Pakistan People's Party (PPP) and its Awami National Party (ANP) coalition partner, and their on-again, off-again ally, the Muttahida Qaumi Movement (MQM).

***

The MQM pulled out of the federal and Sindh provincial coalitions on June 26 and rejoined them on October 5. In the days in between, the parties' militants and associated criminal gangs waged urban warfare, with those backed by the PPP and ANP putting the MQM under intense pressure. The parties fought for control of territory - both because of the votes that will be at stake in the 2013 election, and to extort money to fund their forthcoming campaigns.

"Karachi is the country's business, financial and industrial heart, and the amount of money open to extortion is vast - you're talking about several billion dollars," said Mujahid Barelvi, a veteran newspaper columnist and the host of a television current-affairs show. "PPP politicians have told me a 200-billion-rupee [Dh8.4 billion] war-chest is being accumulated. Their rival parties will naturally try to keep pace ... a lot is being throttled out of Karachi."

Asif Ali Zardari, the current president of Pakistan, leads the PPP.

The MQM is hugely popular among Karachi's majority ethnic Mohajir, descendants of Urdu-speaking migrants from India. For decades, the Mohajir have jostled for dominance with the city's second-largest community, the ethnic Pashtun from north-west Pakistan and Afghanistan, who are represented by the ANP.

The ANP, a notably non-violent party in its Khyber-Pakhtunkhwa provincial stronghold, is another active animal in Karachi. Mohammed Khan Afridi, a property developer, funds it. Afridi also enjoys a close working relationship with the estimated 8,000 Afghan Taliban fighters resident in the parts of Baldia and Ittihad towns he controls.

Taliban contacts based there said the Pashtun "qabza mafia", as they are known locally, were responsible for ethnic-cleansing attacks against Mohajir living in the Qati Pahari and Qasba Colony areas immediately after the MQM walked out of the ruling coalition. Gangs set fire to Mohajir homes, forcing residents to flee and setting the tone for the mayhem that ensued.

"They saw the MQM no longer had the protection of the government and decided to grab the opportunity to push out the Mohajir," said "Okasha", a retired Taliban shura (cabinet) member now settled in the Saeedabad neighbourhood of Baldia Town.

Similar attacks recurred in August, but the Pashtun have otherwise taken a back seat, fortifying their strongholds to prevent overspill from a more intense war between the MQM "unit" militia and ethnic Baloch mafia connected to the PPP.

These Baloch-led criminal gangs live predominantly in the south-west slums of Lyari and the adjacent Sher Shah and Orangi town areas, much of it a maze of six-storey terraces and alleyways that are almost impenetrable to vehicles and strangers. Made up of a patchwork of distinct organisations led by Baloch and Pashtun dons, the mafia operates under the political umbrella of the People's Aman Committee (PAC), previously a public affiliate of the PPP, but banned by the government in 2009.

Faisal Sabzwari, a former Sindh minister, recalled how, during a cabinet meeting two years ago, Zulfikar Mirza, the former home minister, had boasted he had eliminated Rehman Baloch, the head of the PAC, to appease the MQM.

"Now we are fighting for our lives because of Mirza," said Sabzwari, who is convinced that Mirza is the political patron of the PAC. Even some of the underworld characters interviewed by The Review concur. They suggest he took sides in the war of succession that followed Baloch's killing. The gangsters and residents said the minister had backed Baloch's lieutenants, Uzair Baloch and Baba Ladla, in a brutal leadership fight with a rival criminal organisation.

They also believe the Baloch-Ladla gang had, in 2009, come into possession of an armoured personnel carrier used by the Karachi police and had used it to infiltrate rival territory. It was, they said, subsequently turned into a slaughterhouse-on-wheels, in which the gang tortured, murdered and mutilated their rivals.

Hacked corpses were stuffed into sacks and dumped from the back of the vehicle in the Yousaf Goth neighbourhood in broad daylight. One body was later deposited right outside the Mochko police station, but the authorities did not intervene. Witnesses to that event asked to remain anonymous on the ground that they would be killed if their names appeared in this report.

"Bao" (a common nickname), an ethnic Punjabi criminal who claims he was working for Faisal Pathan, one the PAC dons, said he was one of the killers inside that armoured police vehicle, and had been hired to carry out the murders under a contract worth Rp28 million (Dh1.18 million). He expressed no remorse, however, and mentioned the subject only to complain about how he had not been paid his expected cut by Pathan.

***

The armoured vehicle, with its cloak of officialdom, is one of a series of clues that hint at a direct relationship between the PAC and notable figures of the PPP.

Mirza resigned his Sindh cabinet job in late August in protest at the federal government's deployment of paramilitary Pakistan Rangers in Karachi trouble spots. Noticeably, PAC's leading lights had fled to Balochistan before the troops moved in, suggesting a tip-off might have been delivered from the inside.

Mirza has since publicly owned up to his relationship with the PAC, going as far as to describe them as "innocent people fighting for their honour against MQM terrorists".

He is a close friend of the president, as well as husband of the speaker of Pakistan's parliament, Fehmida Mirza.

Violence has subsided since the paramilitary deployment, and subsequent rapprochement between the MQM and PPP. It has earned Karachi a breather from the bloodshed. Mirza, meanwhile, has kept up his rhetorical assaults on the MQM and its sympathisers within the PPP, providing the party with plenty of scope for plausible deniability.

However, the MQM is no victim.

Sired in the mid-1980s by Gen Zia-ul-Haq, then Pakistan's military dictator, with the aim of establishing a formidable rival to the PPP in its Sindh provincial stronghold, the MQM shot to national prominence as the political and militant face of the Mohajir during bloody street fighting with Pashtuns. These disturbances flared in 1986 after Bushra Zaidi, a Mohajir student, was accidentally killed after being hit by a Pashtun-driven bus. Prior to this incident, the Mohajir were widely regarded as a cultured, docile community.

The MQM changed that perception, asserting its dominance in Karachi and the nearby city of Hyderabad through armed political and territory-specific militia cadres organised, improbably, on the model of Adolf Hitler's Nazi Party. These cadres have been extorting money from businessmen and residents since the MQM established its political dominance of Karachi in the 1988 general election.

By 1992, the MQM's brutal intolerance prompted the federal government to deploy the army in Karachi. This operation, which lasted until 1997, uncovered illegal jails packed with torture devices. As many as 15,000 party activists as well as their friends and relatives were killed in this period, referred to by the MQM as the "era of oppression". Most party leaders fled Pakistan at the time and the MQM chief, Altaf Hussain, has never returned, instead choosing to rule the roost from London, where he sought political asylum.

Gen Pervez Musharraf, the next military dictator, politically rehabilitated the MQM in 2002 as part of efforts to cobble together a friendly civilian government. Notoriously, he used the MQM to violently stymie a May 12, 2007, visit to Karachi by the rebellious chief justice of the Supreme Court, Iftikhar Chaudhry.

The violence that has periodically plagued the city since then is widely considered to be a continuation of the May 12 disturbances, in which police were disarmed and the streets of Karachi were handed over to roaming, armed MQM gangs who let loose on lawyers, rival political activists and the media.

It has continued to enforce its writ through violence, notably through "target killers" based in South Africa, according to intelligence agency reports. The Pashtun community lost more lives than any other on May 12, and its militant politicians have since been plotting revenge.

They seized their opportunity on June 26, when the MQM split with the PPP-led government.

***

An obvious question about Karachi's political violence is: where do the political militias and criminal gangs obtain their vast arsenals?

A major source of supply is the multitude of licensed gun retailers that dot the city, whose legal sales of pistols and shotguns pale beside the scale of the under-the-counter business they conduct, investigations revealed.

One such outlet is Iqbal Arms, a gun shop that enjoys two significant advantages: its location in the impoverished Sher Shah suburb of south-west Karachi, an area lorded over by ethnic Pashtun gangsters affiliated with the PAC, and the fact that it is run by an officer of the city's police force.

The licensee of Iqbal Arms is Mohammed Iqbal Arab, but his son, Mohammed Zubair Arab, an investigations officer at the SITE industrial zone police station, runs it.

A contact led us to the store in May, and introduced us on the pretext that a fictitious Pakistani news organisation was in the process of being set up, needed weapons for security but wanted to avoid the bureaucratic rigmarole of obtaining legal licences.

Zubair, aged about 30, did not bat an eyelid. He pulled down the shop's sheet-metal shutters, and led us to a storeroom in the back that, at first glance, looked like an armoury for M-16 assault rifles and MP-5 sub-machineguns. Closer inspection revealed the guns were, in fact, 8mm automatic rifles and 12-gauge shotguns dressed in fancy casings to look more menacing.

The 8mm rifles had been converted for automatic fire and came with a variety of clips, from the standard 20-round version to a ludicrously long 55-round stick. Karachi's hitmen favour them because of their range and formidable stopping power, according to Zubair.

Those poor-man's Uzis cost Rp20,000 (Dh843) each, while the shotguns range between Rp6,000 and Rp18,000, depending on manufacturing quality.

For the right price, automatic weapons were available at short notice. A Pakistani version of the Kalashnikov AK-47 would cost us about Dh2,500, he said. An American M-16 could be delivered the next day if we forked out Dh37,800.

The negotiation progressed on to arms licences. He said he could obtain legal, verifiable permits for all parts of the country, except for the central province of Punjab, which has the most effective law-and-order apparatus.

Licences for Balochistan, Khyber-Pakhtunkhwa and Sindh (of which Karachi is the administrative capital) were on sale for Dh420, while an all-Pakistan permit could be arranged from Islamabad for Dh672. A supplementary permit, allowing the licence holder to carry his weapon, irrespective of temporary local bans, would cost an extra Dh630, he said.

For the princely sum of Dh2,145 each, we could walk away with an 8mm machine-pistol - subject, of course, to discounts for bulk orders - and take it anywhere, without the police being able to do anything about it.

In the event that we used it to kill somebody or were arrested, Zubair guaranteed the government's weapons records would show that we were long-time licence holders. He said the licences were arranged through officials of district administration offices in a position to manipulate the official record, which is still kept in paper files, and is only beginning to be computerised.

Typically, the officials look for old licences that have not been renewed for years, change the name of the licence holder, and pay off any outstanding dues. He said he paid Dh84 per pistol licence and Dh211 for a semi-automatic rifle licence.

The sound of thumping on the shop's shutter interrupted our conversation and somebody shouted Zubair's name. It was the MQM, he said. He raised the shutter and 11 angry men entered. The head of the MQM local unit militia - identified in passing as "Baig", a surname - had been shot dead by the PAC and his men wanted to buy Zubair's entire stock of 8mm and 9mm pistol ammunition.

Revenge was on the menu, and it was time for us to leave.

"Tell your boss I can get them anything," Zubair said, quickly ushering us outside.

***

Two months after the bloodshed in Karachi peaked, the MQM and PPP - and, by association, the ANP - are once again allies.

In August, the MQM leader, Altaf Hussain, launched one verbal attack after another on Asif Ali Zardari, the president and PPP chairman.

In stark contrast, on October 30 the MQM staged a massive rally to protest similar attacks on Zardari made two days earlier by Shahbaz Sharif, chief minister of central Punjab province.

The renewed bonhomie is the result of a political trade.

Zardari has practically ceded political control of Karachi to the MQM, cancelling reforms to local councils that would have left the MQM in control of two of the city's five administrative districts, compared with four previously.

Instead, the PPP has promised not to field candidates in MQM safe seats - something that will facilitate the electoral debut in 2013 of Bilawal Bhutto, Zardari's son, from the Lyari constituency, Karachi's fifth district and the PPP's only stronghold.

In return, the PPP has secured the MQM's support in the federal and Sindh provincial assemblies. Such support will be key to Zardari's re-election as president in September 2013, following a general election in February that year.

Zardari has emerged from Karachi's bedlam as the clear winner - a fact acknowledged even by his fiercest critics.

For Karachi's terrorised residents, at least, there has been one ostensible benefit.

Under intense pressure from the media, the Supreme Court and the powerful armed forces chiefs, the PPP, ANP and MQM have publicly disowned the militiamen and hired assassins in their ranks.

To date, the paramilitary operation launched against them in September continues to yield arrests of hooded men who, at press conferences, each confess to killing between five and 40 people at the behest of one political party or another.

Despite the intricate political arrangements now in place, however, nobody is convinced that the violent character of Karachi's politics has changed.

The most notorious political henchmen remain untouched and occasionally appear on television, sitting ominously next to mainstream politicians at press conferences.

They are, it seems, biding their time, waiting for today's convergent political interests to once again diverge.

Tom Hussain and Amjad Hadayat are freelance journalists living in Islamabad.

Result

2.15pm: Maiden Dh75,000 1,950m; Winner: Majestic Thunder, Tadhg O’Shea (jockey), Satish Seemar (trainer).

2.45pm: Handicap Dh80,000 1,800m; Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

3.15pm: Handicap Dh85,000 1,600m; Winner: Native Appeal, Adam McLean, Doug Watson.

3.45pm: Handicap Dh115,000 1,950m; Winner: Conclusion, Antonio Fresu, Musabah Al Muhairi.

4.15pm: Handicap Dh100,000 1,400m; Winner: Pilgrim’s Treasure, Tadhg O’Shea, Satish Seemar.

4.45pm: Maiden Dh75,000 1,400m; Winner: Sanad Libya, Richard Mullen, Satish Seemar.

5.15pm: Handicap Dh90,000 1,000m; Winner: Midlander, Richard Mullen, Satish Seemar

The Saudi Cup race card

1 The Jockey Club Local Handicap (TB) 1,800m (Dirt) $500,000

2 The Riyadh Dirt Sprint (TB) 1,200m (D) $1.500,000

3 The 1351 Turf Sprint 1,351m (Turf) $1,000,000

4 The Saudi Derby (TB) 1600m (D) $800,000

5 The Neom Turf Cup (TB) 2,100m (T) $1,000,000

6 The Obaiya Arabian Classic (PB) 2,000m (D) $1,900,000

7 The Red Sea Turf Handicap (TB) 3,000m (T) $2,500,000

8 The Saudi Cup (TB) 1,800m (D) $20,000,000

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

UAE currency: the story behind the money in your pockets
The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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UAE currency: the story behind the money in your pockets
Company profile

Name:​ One Good Thing ​

Founders:​ Bridgett Lau and Micheal Cooke​

Based in:​ Dubai​​ 

Sector:​ e-commerce​

Size: 5​ employees

Stage: ​Looking for seed funding

Investors:​ ​Self-funded and seeking external investors

THE BIO:

Sabri Razouk, 74

Athlete and fitness trainer 

Married, father of six

Favourite exercise: Bench press

Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn

Power drink: A glass of yoghurt

Role model: Any good man

The%20specs
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10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

UAE currency: the story behind the money in your pockets
Pakistan Super League

Previous winners

2016 Islamabad United

2017 Peshawar Zalmi

2018 Islamabad United

2019 Quetta Gladiators

 

Most runs Kamran Akmal – 1,286

Most wickets Wahab Riaz –65

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

MATCH INFO

Champions League last 16, first leg

Tottenham v RB Leipzig, Wednesday, midnight (UAE)

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Global institutions: BlackRock and KKR

US-based BlackRock is the world's largest asset manager, with $5.98 trillion of assets under management as of the end of last year. The New York firm run by Larry Fink provides investment management services to institutional clients and retail investors including governments, sovereign wealth funds, corporations, banks and charitable foundations around the world, through a variety of investment vehicles.

KKR & Co, or Kohlberg Kravis Roberts, is a global private equity and investment firm with around $195 billion of assets as of the end of last year. The New York-based firm, founded by Henry Kravis and George Roberts, invests in multiple alternative asset classes through direct or fund-to-fund investments with a particular focus on infrastructure, technology, healthcare, real estate and energy.

 

Western Region Asia Cup T20 Qualifier

Sun Feb 23 – Thu Feb 27, Al Amerat, Oman

The two finalists advance to the Asia qualifier in Malaysia in August

 

Group A

Bahrain, Maldives, Oman, Qatar

 

Group B

UAE, Iran, Kuwait, Saudi Arabia

BOSH!'s pantry essentials

Nutritional yeast

This is Firth's pick and an ingredient he says, "gives you an instant cheesy flavour". He advises making your own cream cheese with it or simply using it to whip up a mac and cheese or wholesome lasagne. It's available in organic and specialist grocery stores across the UAE.

Seeds

"We've got a big jar of mixed seeds in our kitchen," Theasby explains. "That's what you use to make a bolognese or pie or salad: just grab a handful of seeds and sprinkle them over the top. It's a really good way to make sure you're getting your omegas."

Umami flavours

"I could say soya sauce, but I'll say all umami-makers and have them in the same batch," says Firth. He suggests having items such as Marmite, balsamic vinegar and other general, dark, umami-tasting products in your cupboard "to make your bolognese a little bit more 'umptious'".

Onions and garlic

"If you've got them, you can cook basically anything from that base," says Theasby. "These ingredients are so prevalent in every world cuisine and if you've got them in your cupboard, then you know you've got the foundation of a really nice meal."

Your grain of choice

Whether rice, quinoa, pasta or buckwheat, Firth advises always having a stock of your favourite grains in the cupboard. "That you, you have an instant meal and all you have to do is just chuck a bit of veg in."

The 24-man squad:

Goalkeepers: Thibaut Courtois (Chelsea), Simon Mignolet (Liverpool), Koen Casteels (VfL Wolfsburg).

Defenders: Toby Alderweireld (Tottenham), Thomas Meunier (Paris Saint-Germain), Thomas Vermaelen (Barcelona), Jan Vertonghen (Tottenham), Dedryck Boyata (Celtic), Vincent Kompany (Manchester City).

Midfielders: Marouane Fellaini (Manchester United), Axel Witsel (Tianjin Quanjian), Kevin De Bruyne (Manchester City), Eden Hazard (Chelsea), Nacer Chadli (West Bromwich Albion), Leander Dendoncker (Anderlecht), Thorgan Hazard (Borussia Moenchengladbach), Youri Tielemans (Monaco), Mousa Dembele (Tottenham Hotspur).

Forwards: Michy Batshuayi (Chelsea/Dortmund), Yannick Carrasco (Dalian Yifang), Adnan Januzaj (Real Sociedad), Romelu Lukaku (Manchester United), Dries Mertens (Napoli).

Standby player: Laurent Ciman (Los Angeles FC).

Isle of Dogs

Director: Wes Anderson

Starring: Bryan Cranston, Liev Schreiber, Ed Norton, Greta Gerwig, Bill Murray, Jeff Goldblum, Scarlett Johansson

Three stars

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

AT%20A%20GLANCE
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE