Iraq: UK Court Begins Criminal Proceedings against Oil Firm for Corruption in Iraq
Jun 27, 2018
|
John J. Catherine, Kurdistan 24
View Original
Criminal proceedings began in London on Tuesday against two companies run by Unaoil, a Monaco-based energy consultancy firm accused of corrupt business practices in Iraq. The charges relate to alleged corrupt conduct between June 2005 and August 2011 while UNaoil was seeking lucrative Iraqi oil contracts, including one "worth US$733 million to Leighton Contractors Singapore PTE Ltd for a project to build two oil pipelines in southern Iraq," read the statement.