Unaoil scandal: Fairfax investigation leads to police raids
IN A day of dramatic developments, the Monaco company at the centre of Fairfax Media's global bribery revelations has been raided by police, while the board of top-100 Australian company Primary Health Care admitted it knew its chief executive was being investigated before he was appointed.
Take a look inside Unaoil, the Monaco oil services firm which funneled huge sums of cash to multinational companies and government officials.
Now Fairfax Media can reveal another Australian company to be hit by corruption allegations (unrelated to Unaoil), with federal police investigating consulting giant Sinclair Knight Merz over allegations that the company paid kickbacks to overseas officials.
In continuing fallout from the joint Fairfax Media-Huffington Post investigation into corruption in the oil industry, the Monaco government revealed that it had raided the homes and offices of Unaoil's principals, who ran the company exposed as the global bagman for the oil industry.
Unaoil executives "were also interviewed… in the presence of British officers in connection with a case of vast corruption with international ramifications that involves many foreign companies active in the petroleum sector," the Monaco government's statement said.
Read more at Brisbanetimes.com.au