(Photo: Energetic City)
Petroliam Nasional Bhd (Petronas) said today that it takes the allegations that its executives were bribed to ensure a British oil services firm secured a large contract in Iraqi oilfields, “very seriously”.
In a short statement, the national oil corporation said it has a zero-tolerance policy against bribery and corruption.
“Petronas takes the allegations very seriously,” the statement read. “The company has a zero-tolerance policy against all forms of bribery and corruption and expressly prohibits improper solicitation, bribery and other corrupt activity by employees, directors and third parties performing work or services for or on behalf of companies in the Petronas group.”
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