Bloomberg Law
April 18, 2018, 1:33 PM UTC

Liberian President Weah Orders Probe of Exxon 2013 Oil Deal

• Investigative committee to submit findings in two weeks • Oil block’s acquisition tainted by corruption: Global Witness

Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the West African nation’s coast, his office said.

The investigation follows last month’s report by campaign group Global Witness that Exxon purchased the rights despite knowing that the block was suspected of being partially owned by Liberian individuals who may have illegally granted it to themselves while holding public office.

Exxon voiced concerns over the history of the oil block but eventually structured a deal ...

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