Sweett Group Bribery Fine
The RICS have doled out a handful of fines over the last few years relating to breaches of code, dishonesty and bribery. The largest fine to date – £125,000 plus £4,590 in costs) – was imposed on Sweett Group in February 2016, whose subsidiary company, Cyril Sweett International Ltd., bribed a Middle Eastern client in order to win a hotel contract. This is in addition to criminal fines of £2.3 million and a confiscation order ruled by Southward Crown Court.
