14-12-2016 19:48 via uk.news.yahoo.com

UK prosecutor drops Somali corruption inquiry into Soma Oil

UK prosecutors have closed a 17-month investigation into alleged bribery and corruption at Soma Oil & Gas, a private UK exploration company seeking oil in Somalia, despite finding "reasonable grounds" to suspect wrongdoing. The Serious Fraud Office (SFO), which opened the inquiry last July after a tip-off from the United Nations' Somalia and Eritrea Monitoring Group (SEMG), said there was not enough evidence for a realistic prospect of conviction. "Whilst there were reasonable grounds to sus
Read more »