Arab Today, arab today bp investigating \bribery\ claim
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

BP: Investigating \'bribery\' claim

Arab Today, arab today

Arab Today, arab today BP: Investigating \'bribery\' claim

London - AFP

BP on Thursday said it was investigating an allegation of bribery at its tanker chartering division after a letter detailing alleged corruption was sent to its chief executive last week. The British energy giant issued a statement after The Daily Telegraph reported that BP was investigating a \"serious case of bribery and corruption\". Responding to Thursday\'s report, BP said: \"We can confirm that the chief executive\'s office did receive a letter -- as described (in the newspaper) -- last week. \"BP conducts its business to the highest ethical standards. We take all allegations of this sort extremely seriously and always investigate them,\" it added. Details of the alleged corruption were contained in a letter written to chief executive Robert Dudley by a whistleblower describing himself only as a \"BP employee\", according to The Daily Telegraph. The paper, which has seen the letter, said the central claim concerns the alleged chartering of tankers at preferential terms for a supplier in return for cash payments to a senior BP employee. It added that a copy of letter had been sent to Britain\'s Serious Fraud Office (SFO), which recently gained more powers in tackling bribery following changes to the country\'s Bribery Act last July. Contacted by AFP, an SFO spokesman refused to comment on whether it would launch an investigation into the alleged bribery at BP. Britain\'s new Bribery Act, which updates its decades-old laws on corruption, creates new offences of offering or receiving a bribe, bribing foreign public officials or failing to prevent a bribe being paid on behalf of an organisation. British-based companies can be prosecuted under the new law regardless of where the offences occurred. Foreign firms with a listing in London are not automatically brought into the law\'s reach, however, as the question of jurisdiction is left to the British courts to decide.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bp investigating \bribery\ claim Arab Today, arab today bp investigating \bribery\ claim

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bp investigating \bribery\ claim Arab Today, arab today bp investigating \bribery\ claim

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday