LONDON (Reuters) – A former executive at oil and gas consultancy Unaoil was sentenced in London to three years and four months in jail on Thursday for paying multi-million dollar bribes to clinch $1.7 billion worth of oil projects in post-occupation Iraq.
Basil Al Jarah, Unaoil’s 71-year-old former country manager for Iraq, admitted to paying bribes to secure contracts for oil pipelines and offshore mooring buoys in southern Iraq, as the war-torn country tried to shore up a battered economy after the fall of Saddam Hussein in 2003.
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by : Reuters