Former Brazilian President ‘must Start Prison Term’
Former Brazilian President Luiz Inácio Lula da Silva will be imprisoned while he appeals his corruption conviction, the country’s Supreme ...
Tag: state oil
US Oil Firm Halliburton To Pay $30 Mn To Settle Angola Bribery Case
Oil field services giant Halliburton will pay nearly $30 million to resolve allegations of bribery in Angola, US regulators announced ...
US Moves To Seize $140 Mn From Nigerian Oil Corruption
US officials said Friday they plan to confiscate $144 million in corruption-tainted assets of Nigerian oil executives found in the ...
Brazil’s Ex-President Lula Convicted of Corruption
Former Brazilian President Luiz Inacio Lula da Silva has been convicted of corruption charges and sentenced to nine and a ...
Chad Leader Says Glencore Oil Contract Was Irresponsible
Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss commodities ...
Saudi King Appoints His 31-Year-Old Son As Crown Prince Over Cousin
Mohammed bin Salman has been promoted to crown prince and heir to the throne of Saudi Arabia in a shock ...
Brazil President Seeks Suspension of Corruption Investigation
Brazil's President Michel Temer has said he will ask the Supreme Court to suspend an investigation against him, because vital ...
Brazil President Michel Temer Faces New Corruption Accusations
Brazilian President Michel Temer has taken millions of dollars in bribes since 2010, according to testimony released by the Supreme ...
Saudi Deficit Plunges After Cuts, Oil Revenue Surge
Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday, after ...
Brazil’s Ex-President Lula Questioned Over Corruption
The former Brazilian President, Luiz Inacio Lula da Silva, has given evidence before the country's top anti-corruption judge. He was ...
Top Saudi Royal Rules Out Rapprochement With Iran
A powerful Saudi royal said Tuesday that there could be no rapprochement between his country and Iran, which he said ...
US Businesses Getting Hammered By Venezuela Crisis
The political and economic crisis in Venezuela is costing US companies dearly, as General Motors can attest following the unexpected ...
Brazil Graft Probe Focuses On World Cup Football Stadiums
Testimony released by the Brazilian Supreme Court alleges that builders and politicians illegally profited from the construction of stadiums used ...
Brazil Corruption: Eight Cabinet Ministers Named In Petrobras Probe
Brazil has been rocked by dramatic new corruption allegations after a judge ordered investigations into eight cabinet ministers and scores ...
UK To Open Money Laundering Trial of Ex-Nigerian Oil Minister In June
The trial of a former Petroleum Minister of Nigeria, Diezani Alison-Madueke, has been scheduled for June this year, local media ...
Angola Says Portugal Decision To Charge Vice President A ‘serious Attack’
Angola said on Friday that Portugal's decision to charge its Vice President Manuel Vicente with corruption and money laundering was ...
Nigeria Court Grants Forfeiture of Over $150m Linked To Former Oil Minister
A Federal High Court in Nigeria’s commercial capital, Lagos, on Thursday issued an order allowing the country’s anti-graft body to ...
‘Diverted Oil Cash’ Forfeited To Nigerian Govt
A court on Thursday ordered $153.3 million allegedly diverted by Nigeria's former oil minister Diezani Alison-Madueke from the state-run oil ...
Angola VP Manuel Vicente ‘to Face Portugal Corruption Charges’
Portuguese state prosecutors are bringing corruption charges against Angola's vice-president Manuel Vicente. The attorney-general's office says that Mr Vicente paid ...
Angolan Vice-President Faces Corruption Charges In Portugal
Portuguese prosecutors are bringing charges of corruption, money-laundering and forgery against Angolan Vice-president Manuel Vicente as part of an investigation ...