Total bribery investigation under way

A News item from Business Respect, Issue Number 105, dated 22 Oct 2006

French oil company Total has said that its head of exploration and future CEO Christophe de Margerie is being investigated for claims that he paid bribes in order to win bids in the Iraq oil-for-food programme.

The move is the latest in an ongoing saga of corruption around the oil-for-food programme which had been dogged with what an independent panel has described as "illicit, unethical and corrupt" behaviour.

Total has said that it fully supports Mr de Margerie, and states that it had always followed the rules during its participation in the oil-for-food programme.

Send this article to a friend

Bookmark with:

 Del.icio.us |  Digg |  reddit |  Facebook |  StumbleUpon

Related stories

UK: Five companies to be prosecuted over oil depot fire
- 2 Dec 2008
Iran: Total sees too great a risk following missile tests
- 17 Jul 2008
France: Total found guilty over France's worst oil disaster
- 16 Jan 2008
Burma: Total resists pressure to withdraw
- 5 Oct 2007
France: Total chief executive investigated for corruption in Iran
- 23 Mar 2007
Madagascar: Business initiative to tackle poverty launched by PM
- 5 Jan 2004
France: TotalFinaElf rejects competition ruling
- 2 Apr 2003
TotalFinaElf rejects accusations of forced labour
- 22 Oct 2002
TotalFinaElf faces Myanmar human rights lawsuit
- 18 May 2002
UK oil firms accused of abuse in Burma
- 20 Oct 2001

Explore Business Respect news database