Saudi Aramco: Bribery and Reporting on corruption

In 2012, Saudi Aramco was implicated in a bribery case related to Swiss based company Tyco1.

According to a report by Transparency International on the transparency of oil and gas companies in 2011, Saudi Aramco scored poorly. The company ranked Saudi Aramco 36th out of 44 companies in terms of ‘reporting on anti-corruption’2.

 


  1. Forden, S. (2012): Tyco to pay $26mill to resolve US bribery case. Bloomberg. 24 September (accessed 01.10.2014) []
  2. Transparency International (2011): Transparency reporting on oil and gas companies. 1 March (accessed 01.10.2014) []
Case location
Dhahran Jubail Expressway Saudi-Arabien
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Affected topics
  • Corruption
Affected norms and standards Directly and indirectly (through shareholding) involved companies Indirect investors through shareholding

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