International Financial Law Prof Blog

Editor: William Byrnes
Texas A&M University
School of Law

Tuesday, August 2, 2016

Panama Papers Reveals hundreds of millions of Italian - Algeria Corruption of Energy Contracts

"Bedjaoui met with Algerian government officials and executives from Saipem, the Italian energy giant. Their agenda, according to witnesses later interviewed by Italian prosecutors: Journalists logoarranging some $275 million in bribes to help the energy company win more than $10 billion in contracts to build oil and gas pipelines from the North African desert to the shores of the Mediterranean."  .. read the new full story on the ICIJ's Panama Papers investigation here

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