Unaoil 'paid $6m bribes to secure Iraqi oil contracts'

Energy consultancy Unaoil paid $6m in bribes to help its clients secure contracts to build oil pipelines and terminals in Iraq, a London court has heard.

The UK’s Serious Fraud Office (SFO) alleged bribes were made to Iraqi officials to secure two contracts worth a total of $800m to help rebuild the country’s oil industry following the fall of Saddam Hussein.

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Unaoil 'paid $6m bribes to secure Iraqi oil contracts'

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