Texas Oil Drilling Firm Sued over Bribes in Saudi Arabia, Libya, 7 Other Countries
One of the world’s largest offshore drillers, Houston-based Pride International, has been accused of bribing governments all over the world, according to a shareholder lawsuit. The corporation announced on February 16 that it was creating a $56 million fund to cover penalties for violating the Foreign Corrupt Practices Act in Venezuela, Saudi Arabia, Libya, Kazakhstan, Angola, Mexico, Brazil and the Republic of the Congo.
- Top Stories
- Unusual News
- Where is the Money Going?
- U.S. and the World
- Appointments and Resignations
- Latest News
- California Declares E-Cigarettes a Health Threat
- Justice Dept. to Tell Thousands of Immigrants they will have to Wait for Hearings until November 2019
- Groups Sue EPA over Failure to Regulate Stinking Pollution
- Director of the National Center for Environmental Assessment: Who Is Kenneth Olden?
- Insurance Companies Avoid Patients with HIV/AIDS by Overcharging for Medications