17/02/2010 Africa Energy Intelligence N°622

AFRICA

How Oil Groups Can Manage Your Money

Lacking access to international banking circuits because of their functions, African presidents and government ministers often entrust oil companies with managing their personal assets. With easy access to capital markets, oil executives can open accounts, transfer money and make purchases, and thus win favor with the leaders for whom they act. (...)   [611 words]   [€8]
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