March 2016, Vol. 243, No. 3

Web Exclusive

AP Interview: Corruption Investigation Holds Lessons for Monaco

PARIS (AP) — Monaco’s government says it’s investigating how an alleged vast oil corruption scandal involving a Monaco-based company long went unnoticed, even though the principality has opened up its financial sector and cracked down on tax dodging. Monaco police carried out several raids and detained executives of UNAOIL for questioning this week at the request of British anti-fraud authorities, he said. The company, reportedly suspected of paying huge bribes to secure contracts for multinational oil companies, denies wrongdoing. First Minister Serge Telle told The Associated Press on Friday that the government is looking into the case in parallel to the judicial investigatio

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