Bribes Israeli Style
Israeli police are urging the attorney general to indict Prime Minister Benjamin Netanyahu in two corruption cases involving bribery, fraud and breach of trust.
The recommendation is the result of more than a year of investigations into allegations that Netanyahu improperly accepted expensive gifts including pink champagne and cigars from Israeli Hollywood producer Arnon Milchan and Australian billionaire James Packer in exchange for favors.
Netanyahu appeared on TV denying the charges. It came across as follows: I took bribes and smoked cigars for the good of the nation.
Bribes Nigerian and Italian Style
The Wall Street Journal takes a peek Inside the Bribery Scandal Sweeping Through the Oil Industry.
A top oil executive walked into the marble lobby of an exclusive Milan hotel on a chilly winter night. His dinner date was a former Nigerian oil minister offering to sell one of Africa’s biggest untapped oil discoveries.
Eight years later, the question of whether the $1.3 billion paid for the license to that prized oil field was mostly a bribe is at the heart of one of the biggest bribery scandals the oil industry has ever seen.
Part of a broader crackdown, the case has reached into the highest levels of the executive ranks of Royal Dutch Shell, the second-largest Western oil company—including wiretaps on its chief executive—and into Eni, Italy’s state-backed oil company.
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