Mobil Is Subject of Bribery Investigation
The U.S. government is investigating the role of Mobil Corp. in a scheme to bribe leaders of Kazakhstan in return for oil rights in the central Asian nation, a prosecutor said.
Assistant U.S. Atty. Peter Neiman made his remarks during the arraignment of a New York businessman who was indicted on charges funneling more than $78 million to senior Kazakhstan officials in exchange for lucrative oil consulting business.
A spokesman for Mobil parent Exxon Mobil Corp. said the company had not been notified that it is a target of an investigation and had no knowledge of any illegal payments.
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