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Corruption _par excellence_: Unaoil—who?

Accepted submission by Max Hyre mailto:mh-soylentnewsNO@SPAMhyre.net at 2016-03-30 18:37:03
Techonomics

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.
[....]
How they make their money is simple. Oil-rich countries often suffer poor governance and high levels of corruption. Unaoil’s business plan is to play on the fears of large Western companies that they cannot win contracts without its help.
[....]
A massive leak of confidential documents has for the first time exposed the true extent of corruption within the oil industry, implicating dozens of leading companies, bureaucrats and politicians in a sophisticated global web of bribery and graft.

And you thought Microsoft's activity [zdnet.com] was widespread.

It's a detailed and fascinating article (the first of a promised three), but though it claims it's based on leaked e-mails and “documents”, it quotes none of them.


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