Unaoil: Largest Bribery Scandal in the History of the World

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Quote from: Slowturtleinc on April 04, 2016, 10:59:48 AM

Imagine the blowback will unravel in ways that we can not even see yet. FIFA is going to be interesting

While there's definitely some similar themes going on, it's important to note that the Unaoil bribery scandal is outright criminal activity and not just about money-laundering that the Panama Papers scandal is trying to expose. They are both very important new stories, but separate.

EDIT: Added link to Panama Papers

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Quote from: Fortify on April 02, 2016, 12:51:08 PM

There seems to be spotty coverage of this in the mainstream news, I guess the people they are accusing of being corrupt have a lot of money to throw around. It does seem utterly strange how to oil price collapsed from $100+ to $30, some can be down to lower demand and higher efficiency but these are traded in the millions of barrels a day. They will hopefully be able to claw back any money that wasn't squandered away, hope the Aussie government doesn't back down

Been watching the news in the background all morning and still no mention of this. So I think you are on to something, they barely touched on the Eu deal with Turkey as well. Story was 10 seconds of "Here is the first boat load" and that was it.

Imagine the blowback will unravel in ways that we can not even see yet. FIFA is going to be interesting

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Another really good article about specifically US oil/construction companies:
http://www.huffingtonpost.com/entry/kbr-unaoil-corruption_us_56fafbf1e4b0a06d5803f5b8

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The crude oil prices were artificially inflated from 2006 to 2014, to enable corrupt dictatorships such as those in Saudi Arabia, Qatar, United Arab Emirates, and Kuwait to survive. A part of this money also ended up with various terrorist organizations, such as the Islamic State and the Al Qaeda, and some money ended up with various crooks and criminals.

Fortify

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There seems to be spotty coverage of this in the mainstream news, I guess the people they are accusing of being corrupt have a lot of money to throw around. It does seem utterly strange how to oil price collapsed from $100+ to $30, some can be down to lower demand and higher efficiency but these are traded in the millions of barrels a day. They will hopefully be able to claw back any money that wasn't squandered away, hope the Aussie government doesn't back down

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Houses of corrupt cards coming down all over the place. Brazil, Venezuela, FIFA, oil... let's hope the IOC and WHO are next.

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Part 1:
http://www.theage.com.au/interactive/2016/the-bribe-factory/day-1/the-company-that-bribed-the-world.html

Part 2:
http://www.theage.com.au/interactive/2016/the-bribe-factory/day-2/global-investigation.html

Key Players:
http://www.theage.com.au/interactive/2016/the-bribe-factory/players/players.html

Part 3:
http://www.theage.com.au/interactive/2016/the-bribe-factory/day-3/asian-powers.html

EDIT: Added part 3 for Asia

Topic: Unaoil: Largest Bribery Scandal in the History of the World (Read 483 times)