Nigeria: $15.9m penalty for bribes



Issue 253 - 03 May 2013 | 1 minute read

Houston-based oil services company Parker Drilling agreed in mid-April to pay the US authorities $15.9m to settle foreign bribery charges. The company was accused of making a payment to a third party while knowing that it would be used to influence a Nigerian government panel’s decision on whether the company had broken local customs laws.

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