Publishing Guide

Upcoming Events

International | Anti-Capitalism

no events match your query!

New Events

no events posted in last week

Other Press

Anti-Capitalism

France Rises Up Against the New Fascism - Vaccine Passports 23:57 Jul 21 3 comments

George Floyd: one death too many in the “land of the free” 23:58 Jun 23 0 comments

The leveraged buyout, exploitation and punishment beating of Greece as warning to others. 11:45 May 11 0 comments

Red Banner issue 60 out now 13:18 Jun 22 0 comments

Red Banner issue 59 out now 17:46 Mar 28 0 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

The Saker

A bird's eye view of the vineyard

Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
Alternative site: https://thesaker.si/saker-a... Site was created using the downloads provided Regards Herb

The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
Dear friends As I have previously announced, we are now “freezing” the blog.? We are also making archives of the blog available for free download in various formats (see below).?

What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
by Mr. Allen for the Saker blog Over the last few years, we hear leaders from both Russia and China pronouncing that they have formed a relationship where there are

Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
2023/02/27 19:00:02Welcome to the ‘Moveable Feast Cafe’. The ‘Moveable Feast’ is an open thread where readers can post wide ranging observations, articles, rants, off topic and have animate discussions of

The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Pepe Escobar for the Saker blog A powerful feeling rhythms your skin and drums up your soul as you?re immersed in a long walk under persistent snow flurries, pinpointed by

Public Inquiry

Interested in maladministration. Estd. 2005

RTEs Sarah McInerney ? Fianna Fail?supporter? Anthony

Joe Duffy is dishonest and untrustworthy Anthony

Robert Watt complaint: Time for decision by SIPO Anthony

RTE in breach of its own editorial principles Anthony

Waiting for SIPO Anthony

Public Inquiry >>

Voltaire Network

Voltaire, international edition

Voltaire, International Newsletter N?110 Fri Nov 29, 2024 15:01 | en

Verbal ceasefire in Lebanon Fri Nov 29, 2024 14:52 | en

Russia Prepares to Respond to the Armageddon Wanted by the Biden Administration ... Tue Nov 26, 2024 06:56 | en

Voltaire, International Newsletter N?109 Fri Nov 22, 2024 14:00 | en

Joe Biden and Keir Starmer authorize NATO to guide ATACMS and Storm Shadows mis... Fri Nov 22, 2024 13:41 | en

Voltaire Network >>

Rossport Is Not Alone

international | anti-capitalism | other press

Thursday February 05, 2009 22:23

by C.D. Stelzer

Report this post to the editors

Marathon Drills from One End of the Atlantic to the Other

Marathon Oil Co., which holds an 18.5 percent stake in the controversial Shell Corrib natural gas pipeline off the west coast of Ireland, also has an interest in off-shore oil wells within the territorial waters of the tiny African nation of Equatorial Guinea.

In 2004, Marathon and its partners were involved in a scandal over illegal payments to government officials in Equatorial Guinea. President Teodoro Obiang Nguemea Mbasogo and family members were the main recipients of the oil company's largess.

In 2004, a U.S. Senate committee investigation found Riggs Bank in Washington, DC to be engaged in money laundering by permitting the withdrawal of $35 million by accounts linked to the Equatorial Guinea embassy.

Mbasogo has ruled the country as a dictator since instigating a coup against his uncle in 1979. After the takeover, he ordered his uncle's execution, and is considered a tyrant equal to Robert Mugabe of Zimbabwe.

The U.S. Central Intelligence Agency has recently issued a warning that Equatorial Guinea is involved in slave trade and possibly the sexual exploitation of women and children.

Interestingly, the agency is reported to have had dealings with Riggs Bank, the financial institution that was fined millions of dollars for its part in Mbasogo's money-laundering scheme in 2004-2005.

Mbasogo gained his vast wealth, estimated at more thant $600 million, from alleged pay offs from the oil companies in exchange for his permission to operate in Equatorial Guinea.

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

save preference

Comments (1 of 1)

by lulu

publication date

Wed Feb 11, 2009 18:59

Report this post to the editors

Filthy Marathon dealings, & more good reason to boycott them.

Add Your Comments >>

© 2001-2024 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy