A corruption case concerning gas giant Unaoil continues to make headlines. In mid-May, the Serious Fraud Office (SFO) in the UK confirmed that it had investigated the UK oil services company Petrofac under suspicion of corruption, bribery and whitewashing.
In an update issued Thursday, Petrofac wrote that it had suspended its COO Marwan Chedid, who is simultaneously stepping down from the board.
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