Kvaerner linked to the "bribe factory" case

A Monaco-based company already nicknamed "the bribe factory" has, according to leaks to the Huffington Post, secured western oil companies contracts in the Middle East and Africa for huge sums. Norwegian Kvaerner is among these companies but rejects all accusations.

Photo: Songa Offshore

While the leaks from Panama are the talk of the town these days, another scandal is flowing in the oil industry, where wealthy oil nations are linked to huge sums in bribes. The whole matter revolves around a small company in the principality of Monaco, which by several media sources has been given the unflattering nickname: "the bribe factory".

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs