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“World’s biggest bribe scandal”: Report on oil corruption exposes how corporations help destabilize Middle East

Mar 31, 2016. Leaked docs show how the shadowy company Unaoil bribes Middle Eastern regimes for oil contracts for multinationals …

The interactive report “The Bribe Factory” details how Unaoil exploits the widespread corruption in many oil-rich nations, based on company documents obtained by the Huffington Post and its Australian partner Fairfax Media.

http://www.salon.com/2016/03/30/worlds_biggest_bribe_scandal_report_on_oil_corruption_exposes_how_corporations_help_destabilize_middle_east/

 

Must-read three-part interactive report ‘The Bribe Factory: World’s biggest bribe scandal’

The Bribe Factory: World’s biggest bribe scandal

A global bribery scheme that implicates leading Western multinationals has been exposed by the leak of confidential files in the oil industry.

http://www.theage.com.au/interactive/2016/the-bribe-factory/#chapter1

(Links for the three parts are listed below. Check out the additional stories – twenty in total and all well worth reading – that are listed for the three parts. These can also be readily accessed at: http://www.theage.com.au/interactive/2016/the-bribe-factory/.)

 

The Bribe Factory Part 1/3: Unaoil: The company that bribed the world

It was the company with jet-set style and dirty hands. From the tiny principality of Monaco, Unaoil reached across the globe to pay multi-million dollar bribes in oil rich states. The beneficiaries? Some of the biggest companies in England, Europe, America and Australia.

In the list of the world’s great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco has systematically corrupted the global oil industry, distributing many millions of dollars worth of bribes on behalf of corporate behemoths including Samsung, Rolls-Royce, Halliburton and Australia’s own Leighton Holdings.

Now a vast cache of leaked emails and documents has confirmed what many suspected about the oil industry, and has laid bare the activities of the world’s super-bagman as it has bought off officials and rigged contracts around the world.

Read more: http://www.theage.com.au/interactive/2016/the-bribe-factory/day-1/the-company-that-bribed-the-world.html

 

The Bribe Factory Part 2/3: Unaoil: Police launch joint global investigation

The biggest leak of documents in oil-industry history has exposed Monaco-based company Unaoil as an agent of serious corruption. Now, law enforcement groups around the world, including the FBI, are taking notice.

A Fairfax Media and Huffington Post investigation has uncovered an extraordinary story of bribery and corruption in the oil industry, centred on Monaco-based company Unaoil. This is the story of Unaoil’s penetration of the former Soviet states.

Read more: http://www.theage.com.au/interactive/2016/the-bribe-factory/day-2/global-investigation.html

 

The Bribe Factory Part 3/3: Unaoil: Dark secrets of Asian powers

Asian companies such as Hyundai, Samsung, Sinopec and Petronas are household names. But they have dark secrets. In the latest in Fairfax Media and The Huffington Post’s global bribery expose, these firms and more are implicated for paying kickbacks, money laundering and corruption.

Read more: http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/asian-powers.html

 

Additional articles provided for Part 3 of ‘The Bribe Factory’ report

Unaoil: Asia’s corruption tigers

In the list of the world’s great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco has systematically corrupted the global oil industry, distributing many millions of dollars worth of bribes on behalf of corporate behemoths including Samsung, Rolls Royce, Halliburton and Australia’s own Leighton Holdings. This is the story of how Unaoil helped Korean giants form a cartel in Africa.

http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/koreans.html

 

Unaoil in Africa

A Fairfax Media and Huffington Post investigation has uncovered an extraordinary story of bribery and corruption in the oil industry, centred on Monaco-based company Unaoil. This is the story of Leighton Offshore’s pursuit of a billion dollar pay day. Unaoil was desperate for a piece of the action in Africa’s burgeoning oilfields.

http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/africa.html

 

Unaoil & Tony Kazal: The Sydney Connection

A Fairfax Media and Huffington Post investigation has uncovered an extraordinary story of bribery and corruption in the oil industry, centred on Monaco-based company Unaoil. This is the story of Leighton Offshore’s pursuit of a billion dollar pay day. Unaoil had friends in many places – including a Sydney identity who helped it do business in the Middle East.

http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/kazal.html

 

Unaoil: Why we must act

2 Apr 16. Australia is leagues behind the US when it comes to investigating corrupt multinational companies who bribe their way to success in third world countries.

This fact is even more concerning given that US prosecutors acknowledge that even they aren’t getting it right, and need to do more to send US corporate crooks to jail. If the US regime needs a jolt, Australia’s system needs a triple bypass.

http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/why-we-must-act.html

 

The Age Editorial

The Age Editorial: Lax laws and morals let corruption flourish

April 1, 2016. Ata Ahsani, the patriarch of the Unaoil company, suggests the work his outfit does in countries such as Iraq, Iran, Libya, Syria and Yemen is “very basic”. The way he puts it, Unaoil helps to “integrate Western technology with local capability”. A more straightforward description is that Unaoil pays bribes to government officials on behalf of some of the world’s biggest companies.

In an extensive global investigation, The Age, in conjunction with The Huffington Post, has revealed how Monaco-based Unaoil has operated a veritable factory of sly dealings sealed through illegal transactions as its tentacles threaded into the topmost tiers of corrupt countries.

http://www.theage.com.au/comment/the-age-editorial/lax-laws-and-morals-let-corruption-flourish-20160331-gnvczw.html

 

Related Huffington Post items:

Unaoil’s Huge New Corporate Bribery Scandal, Explained

03/30/2016. Here’s what you need to know.

http://www.huffingtonpost.com.au/entry/unaoil-scandal-explained_us_56fbd2f0e4b0daf53aee0cff?section=australia

(And check out the other important stories recommended at the end of this article)

 

There’s A Huge New Corporate Corruption Scandal. Here’s Why Everyone Should Care.

03/30/2016. Bribery fuels political instability — and it’s a propaganda tool for terrorists. …

On Wednesday, The Huffington Post and its Australian partner, Fairfax Media — led by reporters Richard Baker and Nick McKenzie — published the results of a months-long investigation of Unaoil, an obscure firm that helps big multinational corporations win contracts in areas of the world where corruption is common.

http://www.huffingtonpost.com.au/entry/unaoil-bribery-scandal-corruption_us_56fa2b06e4b014d3fe2408b9?section=australia

 

U.S. Oil Industry Giant Paid Millions To A Company At The Center Of Huge Corruption Scandal

While KBR was being investigated for bribery in Nigeria, it was partnering with a company that bribed officials in Kazakhstan.

The American engineering and construction firm KBR hired Unaoil — an obscure Monaco-based company now involved in amassive international bribery scandal — to help it win oil and gas contracts in Kazakhstan. KBR, which until 2007 was part of the oilfield services giant Halliburton, paid Unaoil millions of dollars from 2004 until at least 2009, according to thousands of internal documents obtained by The Huffington Post and Fairfax Media.

http://www.huffingtonpost.com.au/entry/kbr-unaoil-corruption_us_56fafbf1e4b0a06d5803f5b8?section=australia

 

Inside The Battle Against Global Corruption

Here’s the enforcement landscape that companies involved in corruption with Unaoil will face.

http://www.huffingtonpost.com.au/entry/unaoil-corruption-enforcement_us_56fb04b4e4b0daf53aedee71?section=australia

 

April 4, 2016 - Posted by Christina Macpherson | secrets,lies and civil liberties