Rigged?
Rigged? The Scramble for Africa’s Oil, Gas and Minerals. That’s the title of a new report out from Global Witness, the U.K. based anti-corruption campaigner.
The timing of the report’s publication – a call for increased transparency across the oil and gas industry – could not be better. At this moment, the oil industry is putting heavy pressure on the United States S.E.C. to weaken the parts of the 2010 Dodd-Frank financial reform that require S.E.C. listed corporations to disclose their payments to foreign governments.