Statoil Corruption Case
The Rafsanjani-Statoil corruption case (Norwegian: Statoils Horton-sak) refers to Norwegian oil company Statoil’s misconduct and extensive use of corruption in Iran in 2002/2003 in an attempt to secure lucrative oil contracts for the company in that country. This was mainly achieved by hiring the services of Horton Investments, an Iranian consultancy firm owned by Mehdi Hashemi Rafsanjani, son of former Iranian President Hashemi Rafsanjani. Horton Investments was paid USD 15,2 million by Statoil to influence important political figures in Iran to grant oil contracts to Statoil. The corruption scandal was uncovered by Norwegian paper Dagens Næringsliv on September 3, 2003. Although this case became infamous in the western media and the Statoil company was found guilty by the Norwegian courts no verdict was reported by the Iranian side regarding Mehdi Hashemi Rafsanjani's bribery case.
Read more about Statoil Corruption Case: Verdict Reached By The Norwegian Court, Verdict Reached By The US Court, Views On The Verdicts
Famous quotes containing the words corruption and/or case:
““Our earth is degenerate in these latter days. Bribery and corruption are common. Children no longer obey their parents. . . . The end of the world is evidently approaching.” Sound familiar? It is, in fact, the lament of a scribe in one of the earliest inscriptions to be unearthed in Mesopotamia, where Western civilization was born.”
—C. John Sommerville (20th century)
“When you are invited by someone to a wedding banquet, do not sit down at the place of honor, in case someone more distinguished than you has been invited by your host...But when you are invited, go and sit down at the lowest place, so that when your host comes, he may say to you, Friend, move up higher’; then you will be honored in the presence of all who sit at the table with you.”
—Bible: New Testament, Luke 14:8,10.