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Panalpina World Transport Holding Alleged to have Paid Bribes in Nigeria


In July 2007, the US Justice Department was conducting a criminal inquiry of nearly a dozen oil and oil-services companies, focusing on potentially illegal payments to Nigerian Customs agents through allegedly Panalpina World Transport Holding, a Swiss-based shipping and logistics company.

Eleven oil and oil-service firms received a letter from the Justice Department asking them to list the countries where Panalpina provided it with services in the past five years, and to specify what it paid for those services.

Panalpina announced that it was conducting an internal investigation and had been asked to provide documents to the Justice Department relating to services in Nigeria, Kazakhstan and Saudi Arabia.


References
Wall Street Journal  [Publication date: 26/3/2008] 'Shell Investigated for Corruption By Department of Justice, SEC' by Benoit Faucon
   http://online.wsj.com/article/SB120655374602765835.html?mod=googlenews_wsj
[ Date URL accessed: 6/4/2008 ]

Nigerian Tribune  [Publication date: 14/1/2008] 'Customs in fresh bribery scandal' by Dele Aderibigbe
   http://www.tribune.com.ng/14012008/news/news2.html
[ Date URL accessed: 15/1/2008 ]

International Herald Tribune  [Publication date: 19/12/2007] 'U.S. expands enforcement of anti-bribery laws at home and abroad' by Robert Schmidt
   http://www.iht.com/articles/2007/12/19/business/bribe.php
[ Date URL accessed: 20/12/2007 ]

Reuters Africa  [Publication date: 20/9/2007] 'Panalpina suspends part of services in Nigeria'
   http://africa.reuters.com/business/news/usnBAN032940.html
[ Date URL accessed: 21/9/2007 ]

Reuters  [Publication date: 14/8/2007] 'Transocean widens Nigeria bribery probe - filing'
   http://www.reuters.com/article/governmentFilingsNews/idUSN1444066820070814
[ Date URL accessed: 11/8/2007 ]

Vanguard  [Publication date: 31/7/2007] 'Nigeria: U.S. Justice Department Commences Probe of Country's Oil Operations' by Yemie Adeoye
   http://allafrica.com/stories/200707310020.html
[ Date URL accessed: 1/8/2007 ]

Oil Marketer  [Publication date: 27/7/2007] 'Oil companies in Nigeria under investigation' by Kay Murchie
   http://www.oilmarketer.co.uk/2007/07/27/oil-operations-in-nigeria-under-investi
   gation/

[ Date URL accessed: 29/7/2007 ]

Cargonews Asia  [Publication date: 26/7/2007] 'Panalpina under probe on allegations of bribing Nigeria Customs'
   http://www.cargonewsasia.com/secured/article.aspx?id=7&article=13619
[ Date URL accessed: 26/7/2007 ]

Forbes  [Publication date: 25/7/2007] 'Panalpina launches internal bribery inquiry, after US requests documents'
   http://www.forbes.com/business/feeds/afx/2007/07/25/afx3948674.html
[ Date URL accessed: 29/7/2007 ]

Gulf in the Media  [Publication date: 24/7/2007] 'CORRECTED - Panalpina probes bribery as US seeks documents'
   http://www.gulfinthemedia.com/index.php?m=reuters&id=735493&lang=en&PHPSESSID=2
   19329eff3cc50b0ee2a4849ddbed015

[ Date URL accessed: 26/7/2007 ]

Gulf in the Media  [Publication date: 24/7/2007] 'UPDATE 1-Panalpina stock plummets on bribery probe'
   http://www.gulfinthemedia.com/index.php?m=reuters&id=735801&lang=en&PHPSESSID=c
   5829af2cfe5682df540e2639033ee19

[ Date URL accessed: 26/7/2007 ]

Lloyds  [Publication date: 24/7/2007] 'US Justice Department Probing Oil Operations In Nigeria' by Judith Burns
   http://www.lloyds.com/CmsPhoenix/DowJonesArticle.aspx?id=362760
[ Date URL accessed: 26/7/2007 ]

Panalpina  [Publication date: 24/7/2007] 'Panalpina investigates business practices in certain countries'
   http://www.panalpina.com/www/global/en/media_news/news/news_archiv_2/07_07_24.h
   tml

[ Date URL accessed: 26/7/2007 ]


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