British businessmen on trial over bribes for oil contracts in Iraq

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Three men accused of using $6m of bribes to secure contracts worth $800m to rebuild Iraqi oil industry

Three British businessmen conspired to pay bribes totalling $6m (£4.6m) to win huge contracts in the oil industry, a court has heard.

The trio are accused of using the bribes to secure contracts worth $800m to rebuild the run-down Iraqi oil industry after the overthrow of Saddam Hussein.

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Source: iraq
Link : British businessmen on trial over bribes for oil contracts in Iraq

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