VOL. XLIII

No. 28

10-July-2000

CASPIAN

US Justice Dept Opens Investigation Of Alleged Oil Company Payments To Kazak Officials

The US Department of Justice is investigating the activities of an American financial consultant alleged to have illegally channeled millions of dollars from US oil companies to high-ranking Kazak Government officials. According to reports on 3 July, James H Giffen and his New York-based financial consulting firm Mercator Corp are suspected by the US Government of...