British authorities announced on Tuesday that Diezani Alison-Madueke, the former Nigerian oil minister, has been charged with bribery-related offences. The charges are based on suspicions that she received bribes in exchange for granting substantial oil and gas contracts. Alison-Madueke, aged 63, held the position of petroleum minister from 2010 to 2015 during the tenure of Read More…
Tag: bribery
Mining company fined $310m for bribes to Nigeria, other African countries
In a London court on Thursday, a mining and trading company named Glencore was forced to pay a total of £276.4 million ($310.6 million) in fines for seven bribery violations involving its oil activities in Africa. Judge Peter Fraser of Southwark Crown Court imposed a £182.9 million fine and authorised a £93.5 million confiscation order Read More…