Word: probing
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...wasn't all sweet. Between the creation of StatoilHydro, as the company is known for now (the firm is still mulling over a permanent name change), and the royal ceremony, Reiten was generating headlines of his own. On the day of the merger, StatoilHydro announced it had launched a probe into the legality of approximately $7 million in consultancy fees and expenses Hydro paid as part of its oil operations in Libya. Although it has not disclosed the name of the consultancy Hydro paid or what laws it might have broken, StatoilHydro said the payments came to light during...
...however, the company must also focus on investigating those suspect payments in Libya, and limiting the damage if wrongdoing is uncovered. On Oct. 4, Hydro said it had contacted Okokrim, the Norwegian national authority that investigates economic crime, after an initial probe suggested Hydro had done more business with the consultancy than was previously thought. Packed into a room with reporters in Molde, a short drive and ferry trip from Nyhamna, StatoilHydro's new boss Lund scoffed at any talk that the revelations might disrupt the smooth integration of the two firms. "I'm the strongest guarantor for that...
PLEADED GUILTY For years she angrily dismissed the rumors and even filed a defamation suit after an associate claimed to have supplied her with performance-enhancing drugs. But as a federal probe closed in on her, track great Marion Jones, 32, acknowledged lying to investigators and admitted to ingesting the steroid THG between 1999 and 2001. Jones, who faces prison time, returned the five medals she won at the 2000 Sydney Olympics and tearfully apologized to fans outside a New York City courthouse for having "betrayed your trust." U.S. Olympics chief Peter Ueberroth asked Australians for forgiveness. But the apologies...
...Report: What the Witness Said Young was a cooperating witness in a federal-state probe of former Alabama Governor Don Siegelman. During the investigation, he volunteered surprising details about his donations and gifts to some of the state's top politicians...
...related development, the FBI will send agents to Iraq to probe the Sept. 16 shootings. A company spokesman said in response: "Blackwater USA welcomes today's announcement regarding the Federal Bureau of Investigation's review of the September 16 incident in western Baghdad. Blackwater USA has always supported strong contractor accountability, and this latest step is a positive move in that direction. We look forward to cooperating fully with the Bureau's inquiry...