FORMER UNAOIL EXECUTIVES ADMIT OIL SECTOR BRIBERY IN USA PROCEEDINGS

The former CEO and chief operations officer (COO) of Monaco-based energy services company Unaoil have pleaded guilty to facilitating millions of US dollars in bribes to officials in multiple countries. Britons Cyrus Ahsani and Saman Ahsani accepted they made illicit payments in countries including Algeria, Angola, Azerbaijan, the Democratic Republic of Congo, Iran, Iraq, Kazakhstan, Libya and Syria. The company’s former business development director Steven Hunter, another Briton, also admitted paying bribes in Libya. The Ahsani brothers, of Iranian descent, ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.