News and Document archive source
copyrighted material disclaimer at bottom of page

NewsMinecabal-elitecorporateoilconsolidation — Viewing Item


Mobil subject bribery investigation

Original Source Link: (May no longer be active)
   http://www.usatoday.com/money/industries/energy/2003-04-04-mobil_x.htm

http://www.usatoday.com/money/industries/energy/2003-04-04-mobil_x.htm

Prosecutor: Mobil the subject of investigators in bribery case
NEW YORK (AP) — Federal prosecutors said Friday they are looking at Mobil Oil as part of the investigation into bribes paid by Americans to secure lucrative oil contracts in Kazakhstan.

Assistant U.S. Attorney Peter Neiman made the disclosure as New York businessman James Giffen pleaded innocent to conspiracy, money laundering and tax charges. He is accused of extending more than $78 million in bribes in the 1990s to two senior Kazakh officials.

"Mobil Oil is the subject of the government's ongoing investigation in this case," Neiman told Judge William Pauley after the judge disclosed that he and his wife owned shares in ExxonMobil.

Mobil Oil and Exxon merged in 1999.Outside court, the prosecutor declined to elaborate.

Tom Cirigliano, a spokesman for ExxonMobil, said the company has no knowledge of any illegal payments made to Kazakh officials by any current or former Mobil employees. He said the company had cooperated fully with the government probe.

On Wednesday, retired Mobil executive J. Bryan Williams was indicted on charges that he evaded taxes on a $2 million kickback he allegedly received for finalizing a 1996 deal between Mobil and Kazakhstan.

Williams' lawyer, David Schertler, has said Williams acted properly in his work.


Copyright 2003 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Find this article at:
http://www.usatoday.com/money/industries/energy/2003-04-04-mobil_x.htm



Bp defends profits { February 13 2001 }
Bp money { April 5 2002 }
British petroleum record profits
Chevron quadruples profits { August 1 2003 }
Chevron texaco to purchase unocal
Chevrontexaco mulling unocal bid
Energy department asked probe gas price rise
Excessive profits { May 8 2001 }
Exxon mobile triple profits { May 2 2003 }
Exxonmobile kazakhstan bribery scandal { April 22 2003 }
Gas price fixing
Gas prices company consolidation { August 26 2003 }
Mobil oil subject bribery case { April 4 2003 }
Mobil subject bribery investigation
Tesco tops 1b { April 10 2001 }
What caused gas prices to spike { September 4 2003 }

Files Listed: 16



Correction/submissions

CIA FOIA Archive

National Security
Archives
Support one-state solution for Israel and Palestine Tea Party bumper stickers JFK for Dummies, The Assassination made simple