Oil firm with Gaddafi ties helped construction giant win contracts overseas

Not wholly a Malaysian topic, but 1) I need link bait, 2) Leighton does have a local presence. Dateline 2013-10-02:

Leighton Holdings‘ offshore arms enlisted a network of middlemen with links to influential officials in corruption-prone countries to help it win huge contracts.

Those middlemen included a Monaco firm with ties to former Libyan dictator Muammar Gaddafi and senior Iraqi politicians.

Company files indicate the Australian construction giant paid Monaco’s Unaoil $40 million at the direction of the Iraqi Oil Ministry as part of a 2010 contract suspected of being corrupt.

The ministry had nominated Unaoil as the subcontractor that would provide domestic support to Leighton Offshore on a $750 million oil pipeline project.


The files suggest Unaoil, which has employed former top Iraqi oil officials, received its money after the Australian company allegedly artificially inflated the value of an onshore support services contract by $40 million.


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