On 5 May, OCCRP reported that the co-founder of an offshore company that won a controversial $6.6 billion arbitration award after arguing that Nigeria failed to fulfil an energy contract has admitted in a London court that the company and its affiliates had previously engaged in financial misconduct and deception –– including unexplained payments to senior officials, and falsifying invoices.
https://www.occrp.org/en/37-ccblog/ccblog/17598-p-id-scandal-insiders-from-shell-company-embroiled-in-11-billion-corruption-case-admit-misconduct
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Author: raytodd2017
Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section
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