US Probes Chinese Oil Firm, Sinopec, Over $100m Bribe Paid to Nigerians

AUGUST 31, 2017 The US government is investigating China Petroleum and Chemical Corporation, Sinopec, over an alleged $100 million  bribe paid to some Nigerian officials. According to Bloomberg, the bribe was aimed at resolving a $4 billion business dispute between the company’s Addax Petroleum unit in Geneva and the Federal Government. The dispute is said…