Ata Ahsani and his sons formerly owned and controlled Monaco-based firm Unaoil

Prosecutors have dropped a criminal investigation into three businessmen who had been accused of paying huge bribes in the energy industry, sources with knowledge of the inquiry have said.

The Serious Fraud Office had been investigating claims that Unaoil, a firm formerly owned and controlled by its chairman Ata Ahsani and his sons Cyrus and Saman, paid multimillion-pound bribes to land contracts in the oil and gas industry.

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