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Saturday, February 14, 2015

Combating corruption/ Colombia

Authorities claim the Colombian firm Petrotiger paid state oil company Ecopetrol US$333.500 in bribe money.The Colombian government and Attorney General’s Office have joined forces with the US Department of Justice (DOJ) to uncover a wide-ranging case of alleged transnational bribery that contravenes corruption and anti-bribery legislation in both countries.
The DOJ’s criminal division, an attorney from the New Jersey District Court, and the US Federal Bureau of Investigation (FBI) have charged three former managers of the PetroTiger Ltd. firm, a consulting service based in the US Virgin Islands, with paying a bribe of approximately US$333,500 to managers of state Colombian oil firm Ecopetrol in order to secure an oil-service contract worth $39.6 million.


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