Calgary-Based Oil and Gas Firm Found Guilty of Bribery in Bangladesh

Niko Resources, a Calgary-based oil and gas company, pleaded guilty for bribing a Bangladeshi minister with a luxury SUV and family trip to New York. The bribery was made after protesters in a nearby village denounced the environmental contamination caused by explosions from one of the company’s natural gas fields.

‘This sentence should send a message to Canadian business that the penalty for violation will be severe,’ assistant Crown attorney Steven Johnston said earlier.

Read full article here

A natural gas well blows out at a site operated by Calgary’s Niko Resources in Bangladesh in 2005. YouTube

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