Oiling the wheels

Bribery and corruption is a hot topic, not least in the energy sector. Energy Risk this month looks at recent high-profile cases and what governments are doing to combat the problem. By Daren Allen and Kelly Williams

Lord Falconer, the UK secretary of state for constitutional affairs, recently stated that corruption “weakens democracies, harms economies, impedes sustainable development and can undermine respect for human rights by supporting corrupt governments, with widespread destabilising consequences”.

There is no doubt that bribery and corruption is a hot topic and that the energy sector has not escaped attention. Several companies have found themselves embroiled in the quagmire of corruption

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