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Resourse: Petro Global News
The UK Serious Fraud Office confirmed Friday that it has opened acriminal investigation into Soma Oil and Gas Holdings Ltd and allegations ofcorruption in Somalia.
London-based Soma was founded in early 2013 toexplore for oil in Somalia.
The SFO investigation also involves Soma Oil &Gas Exploration Limited, Soma Management Limited, and others.
The agency hasn’t released other details about itsinvestigation.
Soma said in a statement Saturday the SFO isinvestigating “an allegation that has been made against the company.”
Reuters cited a diplomatic source in Nairobi assaying the United Nations Monitoring Group for Somalia has been investigatingSoma, focussing on its “Capacity Building Agreement” with the oil ministry.
“In a presentation to oil investors in April,” Reuterssaid, “Soma said that agreement would see the British company ‘support salariesfor ministry staff and experts, and (… provide a) contribution towards officeequipment and outfitting.'”
Lord Howard of Lympne has been Soma’s chairmansince May 2013. He’s the former leader of the Conservative Party in Britain andserved as a member of the UK parliament for 27 years.
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