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By Dr. Ahmed Al-Jibouri

February 1, 2020

After some time I am updating the information published by the Armada Group in its media release of June 2016 (see below) concerning the stories published in the Huffington Post and the Australian media outlet Fairfax Media, that linked my name to the international investigation into the Monaco based company Unaoil and its alleged dealings in Iraq.

On 12 December 2018, I received a letter from Ms Elizabeth Collery, Principal Investigative Lawyer for the UK Serious Fraud Office (SFO). It was in response to a letter sent by my lawyer Steven Kay QC of 9 Bedford Row Chambers, London on 21 August 2018 to the UK Attorney General Sir Geoffrey Cox QC and to Mr. Mark Thompson, the Interim Director of the SFO, 

Ms Collery stated to Mr Kay QC:
“We have reviewed the position of your client and are able to inform you that it is not our intention to institute proceedings against him in relation to the award by the South Oil Company of contracts to construct i) Single point moorings and ii) The ICOEEP phase 1 pipeline.” 

The Armada Group are pleased to announce this important development that draws a close to the allegations made against me.


Date: June 9, 2016

By Dr. Ahmed Al-Jibouri

Some weeks ago, a series of investigative stories published jointly by the Huffington Post in the United States, and the Australian newspaper chain Fairfax Media, linked the name of Iraqi businessman Ahmed al-Jibouri to the international investigation into Monaco’s Unaoil, and its alleged dealings in Iraq. Dr. al-Jibouri and his associated corporate entities, namely The Armada Group and International Procurement and Contracting LLC, refute, in the strongest possible manner, the allegations of facilitation of bribery made by the Huffington Post and Fairfax Media, and we have been working diligently since these stories first appeared to restore our good name and our previously rock-solid international standing. These baseless allegations have severely damaged our ability to conduct business lawfully, as is our practice and as we normally might in many countries, and the sustained damage to our reputations brought about by this series of articles cannot continue to go unaddressed. We have since hired a top-tier international law firm to investigate the sources and methods used by these news organizations in the course of their reporting, and the incorrect perceptions that such reporting has created, and we will take any and all actions necessary to clear our names, and restore the solid, upstanding reputation of Dr. al-Jibouri, and his associated companies.

This team of lawyers will also represent us in connection with all inquiries relating to the misplaced allegations.

We will have no further comment on these matters at this time. We will, however, provide timely updates as warranted, and as appropriate.