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
- Bayer Rejects EPA Request to Pull Insecticide from U.S. Market
- U.S. Housing Agency Considers Booting Out Public Housing Residents with Improved Income
- License Plate Surveillance Swamps N.Y. Village Police with Thousands of Auto Infractions Instead of Hoped-for Leads on Big-Time Criminals
- New York Acts to Put an End to Gay Conversion Therapy
- Two Mormon Towns Accused of Ignoring Child Abuse Claims