Siemens, Daimler, BNP are faulted in Iraq-oil fraud

Article Abstract:

An investigative report of the United Nations oil for food scandal with the Iraqi government of Saddam Hussein has discovered thousands of companies were involved. Bribery allegations include Siemens AG at $1.6 million, Volvo Construction Equipment Corp. at $317,000 and DaimlerChrysler AG at $7,000. Saddam Hussein was able to collect approximately $2 billion in illegal taxation and kickbacks using a United Nations humanitarian aid program.

Germany, Iraq, Siemens AG, United Nations, Hussein, Saddam, Daimler AG

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In Halliburton Nigeria probe, a search for bribes to a dictator: consortium paid $132 million to a mysterious lawyer, got natural-gas contracts; a note names Gen. Abacha

Article Abstract:

The Securities and Exchange Commission and the U.S. Department of Justice are investigating whether Halliburton Co. was involved in bribing Nigerian officials. British lawyer Jeffrey Tesler in a central figure in the investigation. He is apparently well-connected to the Nigerian ruling class, including General Abacha.

United States, Oil and Gas Field Services, Petroleum services industry, Halliburton Co., HAL, Tesler, Jeffrey

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Focus of Nigerian fraud inquiry shifts to prominent Swiss banker

Article Abstract:

An investigation into the alleged theft of about $2 billion from the Nigerian Central Bank and bribery by late Nigerian dictator Sani Abacha has implicated a prominent Swiss-Israeli banker. Gabriel Katri, GK Finance & Commerce S.A., was arrested on charges of money laundering.

Switzerland, Legal/Government Regulation, Nigeria, Cases, History, Abacha, Sani, Money laundering, Death of, Katri, Gabriel

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