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Vol 48 No 18

Published 7th September 2007


Gas project haunts politicians

New developments in the investigations into Nigeria's $US10 billion liquefied natural gas (LNG) export project on Bonny Island could have serious political ramifications in Washington and Abuja. Britain's Serious Fraud Office (SFO) is soon to launch a prosecution for money laundering of Jeffrey Tesler, the British lawyer at the centre of the illegal payments system on the LNG gas contract, according to a source close to the investigation (AC Vol 46 No 15). The involvement of the four main contractors on the gas project - the United States' Halliburton/Kellogg Brown & Root, France's Technip, Italy's Snamprogetti and the Japanese Gas Corporation - is being investigated in Britain, France, Nigeria and the USA.

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