Tag Archives: Addax Petroleum

How dying Chinese firm greases palms of Nigerian officials to obtain oil contracts

As the Chinese-owned Addax Petroleum winds up its operations on December 10, a confidential document has emerged showing how the company paid millions of dollars in bribes to Nigerian officials to secure juicy contracts in the oil industry According to Premium Times, an online investigative newspaper, there were payments for “questionable transactions” to Nigerian lawyers and a company owned by ...

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