Britain's Serious Fraud Office has arrested and charged businessman Mr Victor Dahdaleh with corruption offences relating to contracts for the supply of aluminum to Bahrain.

The SFO said that he has been released on conditional police bail to appear at City of Westminster Magistrates’ Court on October 31st 2011. He was a British and Canadian national living in London’s Belgravia district and that he was alleged to have paid bribes to officials of state controlled smelting company Aluminum Bahrain BSC in connection with contracts with US Company Alcoa Inc.

He believed the investigation into his affairs was flawed and he will be contesting the charges vigorously, confident of clearing his name.

The SFO said that the contracts were for supplies of intermediate product alumina, shipped to Bahrain from Australia and for the supply of further goods and services to Alba.

(Sourced from www.kippreport.com)