Petronas' MISC denies knowledge of bribery
KINIBIZ MISC has denied any knowledge on its alleged involvement in a global bribery and corruption scandal that centred around its Kikeh field partner, SBM Offshore.
KINIBIZ MISC has denied any knowledge on its alleged involvement in a global bribery and corruption scandal that centred around its Kikeh field partner, SBM Offshore.
“At this point in time, we do not have any further information on the matter other than allegations that were made in Wikipedia and media releases made by SBM Offshore pertaining to the matter on Feb 7 and 10, 2014,” said the Petronas subsidiary in response to KiniBiz queries.
KiniBiz reported yesterday that MISC’s name had surfaced in an internal SBM Offshore document, listing possible fraud by the company in various countries spanning Africa, Equatorial Guinea, Brazil, Iraq, Kazakhstan, Italy and Malaysia.
The contents of the document were posted on Wikipedia on Oct 18, 2013 by a disgruntled SBM Offshore employee after he failed to extort money from the company in exchange for not disclosing its contents, according to SBM Offshore who was speaking to Dutch business magazine, Quote .
For the complete article go to KiniBiz .

