LITASCO – new facts
News facts around LITASCO came up today, when media-reading published an article about the possible involvement in the Zambia oil corruption case.
You may read the articles in media-reading - or go to the source directly:
There are several news sources which make it obviouse, that LUKOIL daughter company LITASCO has tried to influence a tender in Zambia in LITASCO's favor.
Details about black payments and corruption are still to be investigated around this case - but the articles really sound terrible.
Also in the fight between LITASCO and AS Ventbunkers there seem to have been such illegal schemes, which rerouted payments to some "other party" instead of into the bank accounts of AS Ventbunkers.
This brings a strange light on to LITASCO, an international oil trading company - which does not have much in common with western business ethics.
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