Iraqi Oil Bosses Wooed by Shopping Trip, Cash, TVs for Contracts
- Serious Fraud Office trial in Unaoil case enters second day
- Three men accused of conspiring to pay bribes in Iraq
Photographer: Andrey Rudakov/Bloomberg
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Iraqi oil bosses were wooed by shopping trips, cash and offers of new TVs from businessmen seeking lucrative contracts to rebuild export infrastructure after the U.S. invasion that brought down former ruler Saddam Hussein, British prosecutors told a London jury.
Michael Brompton, a prosecutor for the U.K.’s Serious Fraud Office, showed emails from 2008 and 2009 in which representatives of Monaco-headquartered Unaoil discussed ways to get closer to the leadership of Iraq’s state-run Southern Oil Co. to get inside information on its bidding process for a $1.6 billion project.