Part 2: Unaoil’s expansion into former Soviet states and commencement of international investigations

Part Two of the exposure of Unaoil’s astounding global reach investigates the company’s corruption of high-level government officials and businessmen, and fraudulent contractual arrangements in former Soviet states. Managers from Italian oil company Eni, US firm Halliburton and Kellogg Brown & Root, Spanish company Tecnicas Reunidas,  French frim Technip, and British giant Rolls-Royce are among those who actively supported bribery, and benefitted personally from the services and information supplied to Unaoil. Information gathered was fed back, through Unaoil, to its international clients, providing them with significant advantages in winning government contracts and tender bids in Kazakhstan, Azerbaijan, Turkmenistan and Uzbekistan.

International investigations have commenced including the involvement of the Australian Federal Police, US Department of Justice and the FBI, and the UK National Crime Agency. Alarmingly, prior to these investigations, Fairfax Media and the Huffington Post reveal that many of Unaoil’s fraudulent deals were organised in London, using bank accounts and shelf companies in New York and London to launder the necessary funds.

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

Part 3 to follow.

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