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Friday, April 01, 2016

UNAOIL: HOW THE WEST BOUGHT IRAQ

http://www.theage.com.au/interactive/2016/the-bribe-factory/day-1/iraq-feature.html

The scale of the graft is revealed in coded emails discussing payments for Dhia Jaffar. A bribe was called a holiday; a one-day holiday was $1 million.
...
long with FMC Technologies, Rolls-Royce, and Weatherford, beneficiaries of Unaoil's network in the Middle East have included a who's who of the oil service industry: Italian firms Saipem, Rosetti Marino and Valvitalia, German company MAN Turbo, Dutch firm SBM Offshore, Swiss company ABB, US companies The Shaw Group, Cameron/Natco and Core Labs, Australian firm Leighton Offshore, UK firms Petrofac, Weir and Clyde Pumps. And so on.
The leaked emails make it clear that senior managers in some of these companies knew, or should have suspected, that Unaoil may be acting corruptly. Some managers appear wilfully blind to this possibility, and a small number were actively corrupt.
... But Unaoil's biggest bribes were paid to two men who sat around the Iraq government's cabinet table; men who directed the future of country's oil industry, cut deals with foreign presidents and prime ministers and attended OPEC meetings.

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