Complex financial arrangement moved rights to a Liberian oil block twice on one day, after worries over original allocation of rightsExxonMobil worked with a company connected to a senior Conservative party figure to transfer an oil asset in Liberia despite “concern over issues regarding US anti-corruption laws”, the Guardian can reveal. Documents seen by the Guardian show that ExxonMobil proposed a complex financial arrangement to move the rights to a Liberian oil block through two financial transactions on the same day, after concerns were raised about the original allocation of the rights. Continue reading…

Source: https://www.theguardian.com/business/2018/mar/29/exxonmobil-liberian-oil-deal-went-ahead-despite-anti-corruption-concerns

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