Soma British Oil Firm Denies Allegations of ‘Payoffs’ To Somali Officials

Key Highlights According to reports by UN Monitoring Group, the British company Soma Oil & Gas was accused of making large payments to Somalia’s ministry of oil officials to secure oil exploration deals. The document submitted to the U.N. Security Council’s Somalia/Eritrea sanctions committee requested for a proper investigation into Soma by Britain’s Serious Fraud Office...