The former general counsel of British Virgin Islands oil and gas company PetroTiger has pleaded guilty to bribery and fraud charges. Gregory Weisman pleaded guilty to a single count of conspiracy to commit bribery and wire fraud in violation of the Foreign Corrupt Practices Act. Two former co-CEOS of the company have also been charged for alleged conspiracy charges as well as allegations of violating the FCPA. Joseph Sigelman and Knut Hammarskjold were arrested and charged following allegations that an official in Columbia was paid $300,000 in exchange for assistance to secure approval for an oil services contract worth around $39 million. Source: Department of Justice
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