• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Cameroon: Staff Of State Oil Firm To Appear In UK Court Over Alleged Bribery

Cameroon: Staff Of State Oil Firm To Appear In UK Court Over Alleged Bribery

11 months ago
JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

2 hours ago
JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

5 hours ago
JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

5 hours ago
Gabon: Coup Leader Casts Ballot, Says Citizens Have Regained “Confidence In Election”

Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

5 hours ago
JUST IN: Former Nigerian Leader, Buhari Dies In London

JUST IN: Former Nigerian Leader, Buhari Dies In London

8 hours ago
Monday, July 14, 2025
  • About
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Gabon: Coup Leader Casts Ballot, Says Citizens Have Regained “Confidence In Election”

    Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

    Central African Republic Schedules General Elections For December

    Central African Republic Schedules General Elections For December

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Aged Biya Fixes October 12 For Presidential Election

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Junta Leader Signs Law Allowing Him To Remain In Power Without Election

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

  • Economy
    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    Lesotho Declares State of Disaster Over Uncertainty Around US Tariffs

    Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Social Media Posts To Determine Eligibility Of Immigrants To Get Visas — US

    US Embassy Mandates Nigerian Visa Applicants To Remove Privacy Settings On Social Media

    Ghana: Parliament Passes Provisional Budget To Avert Government Shutdown

    IMF Commends Ghana’s Economic Reforms, Debt Restructuring

    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Gabon: Coup Leader Casts Ballot, Says Citizens Have Regained “Confidence In Election”

    Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

    Central African Republic Schedules General Elections For December

    Central African Republic Schedules General Elections For December

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Aged Biya Fixes October 12 For Presidential Election

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Kenya: Ruto Appoints New Head Of Electoral Commission

    Mali: Parliament Grants Coup Leader 5-Year Renewable Presidential Term Without Election

    Mali: Junta Leader Signs Law Allowing Him To Remain In Power Without Election

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Tunisia: 84-Year-Old Opposition Leader Slammed 14 Years Jail Term

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Trump Threatens BRICS Nations With 10% Tariff Over “Anti-American Policies”

    Gabon’s Coup Leader and President Nguema Launches New Political Party

    Gabon’s Coup Leader And President Nguema Launches New Political Party

    Trump Demands Probe Of Subsidies Offered To Musk’s Firms

    After Fallout With Trump, Elon Musk Considers Floating Political Party

  • Economy
    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    UK Launches Trade Reforms Aimed At Boosting Exports And Jobs In Africa

    Lesotho Declares State of Disaster Over Uncertainty Around US Tariffs

    Lesotho Declares State Of Disaster Over Uncertainty Around US Tariffs

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Goldman Sachs Appoints Former UK PM Rishi Sunak As Senior Adviser

    Social Media Posts To Determine Eligibility Of Immigrants To Get Visas — US

    US Embassy Mandates Nigerian Visa Applicants To Remove Privacy Settings On Social Media

    Ghana: Parliament Passes Provisional Budget To Avert Government Shutdown

    IMF Commends Ghana’s Economic Reforms, Debt Restructuring

    Namibia Suspends State Funerals Following Criticism Over High Costs

    Namibia Suspends State Funerals Following Criticism Over High Costs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    SA: Mineral Council Says Proposed Tax On Chrome Export Threatens Jobs

    Senegal Moves To Reduce Reliance On Foreign Lenders, Targets Improved IGR

    Senegal Promises To Clear Undeclared Debt Incurred By Past Administration

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

    Nigerian Govt Set To Launch ‘Africans For Africa’ Mining Sector Fund

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Cameroon: Staff Of State Oil Firm To Appear In UK Court Over Alleged Bribery

August 3, 2024
in Legal, Top Stories
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Enyichukwu Enemanna

Some managers and employees of Cameroon’s state-owned oil company will appear before a court in the United Kingdom over their alleged involvement in bribery offences linked to Swiss commodity trader Glencoe, the National Hydrocarbons Corporation (SNH) has vowed.

Relatedreading

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

SNH’s administrator, Adolphe Moudiki and the Director General, had previously denied involvement of the firm’s staff in the suspected graft.

They however made a u-turn late Friday and issued a statement saying some employees had been identified as suspects and would appear before a British court on September 10.

“SNH welcomes the progress of proceedings against the perpetrators and accomplices of the acts of corruption that have tarnished its image,” Moudiki said in the statement.

He did not however reveal the names of staff involved in the alleged offence.

Glencoe’s UK subsidiary had in June 2022 pleaded guilty at a London court to seven count charges of bribery in connection with oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria and South Sudan.

On Thursday, Britain’s Serious Fraud Office (SFO) charged Glencore’s former head of oil, Alex Beard with two conspiracies to make corrupt payments to government officials and employees of state-owned oil companies in Nigeria and Cameroon.

Glencoe’s UK subsidiary has admitted it paid bribes in Cameroon to SNH officials and others to the sum of 7 billion CFA francs ($11 million) to secure preferential access to oil between 2011 and 2016.

Cameroonian lawyer and anti-corruption specialist Akere Muna said SNH should disclose identities of those involved and suspend all dealings with Glencore.

“The culprits are within Cameroon, the transactions that gave rise to the corruption took place in Cameroon yet they expect us to believe the solution will come from London,” said Muna, a former vice-chairperson of corruption watchdog Transparency International.

In July 2022, Cameroon’s state anti-corruption commission said an investigation into the bribery offences was underway.

Since then, no further details have been disclosed in connection with the findings.

SNH is a state company that sells the share of national crude oil production accruing to the state on the international market.

Back in Nigeria, Heritage Times HT recalls how in 2021 report emerged that a former United Kingdom-based trader for Glencoe Plc, Anthony Stimler, bribed officials of the West African country’s state-owned oil firm, in exchange for favourable contracts from the defunct Nigerian National Petroleum Corporation (NNPC).

Mr Stimler, acting through subsidiaries of Glencore allegedly conspired with others to make millions of U.S. dollars in corrupt bribe payments to officials in Nigeria.

The former trader pleaded guilty over what prosecutors in the United States described as his role in a scheme to bribe and he admitted to conspiring to violate the Foreign Corrupt Practices Act and commit money laundering at a hearing in Manhattan federal court conducted by video.

Prosecutors said millions of dollars in bribes were paid to officials in Nigeria, in exchange for NNPC awarding oil contracts and providing “more lucrative grades of oil on more favorable delivery terms”.

Tags: GlencoreNational Hydrocarbons Corporation (SNH)Nigerian National Petroleum Corporation NNPC
ShareTweetSend
Previous Post

Etebo: Nigerian Football Star ‘Resurrects’ In Turkey

Next Post

Nigeria: Tinubu To Make Nationwide Address After Crippling Anti-Government Protests

Related Posts

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

July 13, 2025
JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

July 13, 2025

JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

JUST IN: Former Nigerian Leader, Buhari Dies In London

Liberia Not Offended By Trump’s ‘Where-Were-You-Educated’ Comment — Foreign Minister

Next Post
Nigeria: Tinubu To Make Nationwide Address After Crippling Anti-Government Protests

Nigeria: Tinubu To Make Nationwide Address After Crippling Anti-Government Protests

Please login to join discussion
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

July 13, 2025
JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

July 13, 2025
JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

July 13, 2025
Gabon: Coup Leader Casts Ballot, Says Citizens Have Regained “Confidence In Election”

Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

July 13, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

JUST IN: Chelsea Decimate PSG To Lift FIFA Club World Cup

July 13, 2025

JUST IN: Trump Arrives MetLife Stadium To Watch PSG Face Chelsea In Club World Cup Final

July 13, 2025

JUST IN: Nigeria Thrash Benin Republic, Book Semi-final Ticket

July 13, 2025

Gabon: Preparation Commences For Sept. 27 Local, Legislative Elections

July 13, 2025

JUST IN: Former Nigerian Leader, Buhari Dies In London

July 13, 2025

Liberia Not Offended By Trump’s ‘Where-Were-You-Educated’ Comment — Foreign Minister

July 13, 2025

Nigeria’s Basketball Team Beat China To Record First Historic FIBA Women’s World Cup Victory

July 12, 2025

US State Department Commences Sack Of Over 1,350 Workers In Diplomatic Shakeup

July 12, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

From Hope To Fear: Kenya Joins East Africa’s Crackdown On Free Expression

AfDB Set For A New President, As Ould Tah Gains Continental Endorsement

How Dangote Is Turning Trump’s Trade War Into Africa’s Opportunity

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • Privacy Policy

© 2024 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • About HT
  • Contact us

© 2024 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In