Judge Sara Cockerill said Boutgueray had since written an apology and provided considerable material. “He is sorry, remorseful and remorseful,” his lawyer said. London courts are limited in their ability to enforce such prison terms if the person is not in the UK.
The judge said Boutgueray could still receive probation if he provided a full inventory of his assets. “It is difficult to indicate in advance how much of the sentence will be punitive and how much will be mandatory,” she said.
ADM has been fighting Boutgueray since at least 2018 for $3.4 million in damages stemming from a series of merchandise sales contracts. Grain House International, also known as CopRagri, was then hit with a London freezing order.
Boutegueray declined immediate comment and referred questions to his spokesman. ADM could not immediately comment on London’s decision.
The Boutegueray family controls a privately held conglomerate engaged in wheat processing, biscuit manufacturing and cement manufacturing.