DOJ ends Cobalt International bribery probe


Cobalt International Energy, Inc. said Thursday the U.S. Justice Department has closed its FCPA investigation into the company's operations in Angola.
Harry Cassin Publisher and Editor
Jessica Tillipman Senior Editor
Richard L. Cassin Editor at Large
Elizabeth K. Spahn Editor Emeritus
Cody Worthington Contributing Editor
Julie DiMauro Contributing Editor
Thomas Fox Contributing Editor
Marc Alain Bohn Contributing Editor
Bill Waite Contributing Editor
Shruti J. Shah Contributing Editor
Russell A. Stamets Contributing Editor
Richard Bistrong Contributing Editor
Eric Carlson Contributing Editor
Bill Steinman Contributing Editor
Aarti Maharaj Contributing Editor
The FCPA Blog Delivered free to your inbox - Click Here
____________________________
Cobalt International Energy, Inc. said Thursday the U.S. Justice Department has closed its FCPA investigation into the company's operations in Angola.
Angolan president Jose Eduardo dos Santos may have to answer questions concerning his daughter's recent appointment as the head of state-owned Sonangol.
Independent oil and gas firm Cobalt International Energy, Inc. said this week that DOJ and SEC investigations into business arrangements in Angola are ongoing and the company is cooperating.
Cobalt International Energy, Inc. has denied alleged links between government officials and Nasaki Oil and Gas, one of Cobalt's partners in Angola.
Cobalt International Energy, Inc.'s annual report filed with the SEC on March 1 repeats a disclosure, of sorts, about FCPA compliance in an Angolan development project.