USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

144

East Timor Bribetaker

Oceanic Exploration began legal action against ConocoPhillips and accused the Prime Minister of accepting 2.5 million a graft

East Timor Bribetaker

American oil company Oceanic Exploration has sent a letter to Prime Minister of East Timor's Mari Alkatiri, which contains a claim to appear in a US court to answer allegations that he took a bribe from a rival oil firm.
Oceanic Exploration began legal action in Washington in March against ConocoPhillips and accused the Prime Minister of accepting $2.5 million as a graft from ConocoPhillips, which won the rights to explore for oil and gas in the Timor Sea.
Doctor Alkatiri is continuing to deny the accepting any bribes and refusing to say whether he would answer to law suit filed by Oceanic.


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