Would you like to react to this message? Create an account in a few clicks or log in to continue.



 
HomeLog inPORTALGalleryLatest imagesSearchRegister
Log in
Username:
Password:
Log in automatically: 
:: I forgot my password
Who is online?
In total there are 4 users online :: 0 Registered, 0 Hidden and 4 Guests

None

Most users ever online was 281 on Mon Jul 26, 2021 9:53 am
Search
 
 

Display results as :
 
Rechercher Advanced Search

 

 Canada probing Niko Bangladesh allegations................

Go down 
AuthorMessage
Chief_Adviser

Chief_Adviser


Male
Number of posts : 615
Age : 41
City/Town : in ur heart .
Registration date : 2008-06-10

Canada probing Niko Bangladesh allegations................ Empty
PostSubject: Canada probing Niko Bangladesh allegations................   Canada probing Niko Bangladesh allegations................ I_icon_minitimeThu Jan 15, 2009 11:15 pm

Niko Resources Ltd said on Thursday that Canadian police have launched a formal investigation into allegations that the Canadian oil company or its Bangladesh subsidiary made improper payments to government officials.

The Anticorruption Commission filed charges against former prime minster Khaleda Zia in Dec 2007 for failing to recover millions of dollars in compensation for environmental damage caused by a fire at a Niko drilling site in northeastern Bangladesh in 2005.

The ACC filed a similar case against Sheikh Hasina who came into office for a second term as prime minister just days ago.

"We don't have any specifics ... but we understand that the allegations relate to possible improper payments to public officials in Bangladesh either by Niko or our subsidiary over there," said Murray Hesje, chief financial officer for Calgary-based Niko, which operates mostly in India and Bangladesh.

The oil-gas company has large discoveries offshore India and has exploration properties elsewhere in Asia and Africa.

"We deny that at any time we made any unlawful payment to any public official over there," Hesje said.

The company said the Canadian police have not given it any specifics on the allegations. Canadian police declined to comment.

Niko says it has cooperated with the ACC and that no charges have been laid against the company in Bangladesh.

"They asked us for information and we cooperated," Hesje said. "The Canadian authorities thus far have not asked us for any information and if they do going forward we will cooperate with them."

Niko shares were down C$1.55 at C$46.88 at midday on Thursday on the Toronto Stock Exchange. ($1=$1.26 Canadian)
Back to top Go down
http://www.deshianondo.com
 
Canada probing Niko Bangladesh allegations................
Back to top 
Page 1 of 1
 Similar topics
-
» PM warns cabinet members: Stern action if allegations found
» Hasina receptions in US, Canada raise eyebrows of expatriates
» GATCO-NIKO cases adjourned till June 16
» UK also tried to block Bangladesh creation`.................
» Bangladesh former PM flies to US

Permissions in this forum:You cannot reply to topics in this forum
 :: News Boards and Comments/Feedback :: সর্বশেষ বিশ্ব সংবাদ-
Jump to: