The case is the first conviction under section 7 of the Bribery Act 2010, which covers the failure of commercial organisations to prevent bribery.
The other interesting feature of this case is that the severity of the fine reflected the Sweett Group's failure to co-operate with the Serious Fraud Office. The case illustrates what can happen when a company under SFO investigation appears to co-operate with the regulator but covertly seeks to frustrate it. According to lawyers involved, evidence before the court showed that the company misled the market in its regulatory announcements, sought to procure misleading evidence to allay SFO suspicions and was willing to continue to make payments despite clear evidence that they could be bribes.
The moral of this sad tale is that if your organisation encounters the slightest evidence of corrupt behaviour, either internally or within your supply chain, it really pays to "come clean" immediately with prosecutors.