Middle East Economic Survey
VOL. XLVII
No 27
05-July-2004
IRAN
Statoil Fined By Norwegian Authorities Over Iran Bribery Claims
Statoil has been fined 20mn Kroner by Økokrim (Norways National Authority for Investigation and Prosecution of Economic and Environmental Crime) for illegal trading in influence, following an investigation into a contract between Statoil and Iranian-owned Horton Investment. Reports alleging that the contract was a cover for bribing Mehdi Hashemi Rafsanjani, son of former...
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