Offshore staff PARIS – An official investigation has been opened against Bourbon Offshore, alleging bribery of public officials in Cameroon, Equatorial Guinea, and Nigeria in connection with the tax audits of local entities in 2011 and 2012. The investigation stems from the October 2012 arrest of a then-Bourbon Offshore tax… – Continue reading
Bourbon Offshore said a judicial investigation has been launched into its business dealings in Africa. The matter relates to tax and bribery charges by authorities in Marseilles, France. It comes after the company’s former manager was arrested at the Marseilles-Provence airport when he was returning from Africa in possession of… – Continue reading
BRUSSELS: While the origin of illicit financial flows ranges from government embezzlement to human trafficking, and from corporate tax evasion to grand corruption, the destination seems less ambiguous. A $35 million mansion in California, artwork totalling 18 million, and a $38 million dollar private jet. These sound like items purchased… – Continue reading
