Greasing the skids of corruption

By Phillip van Niekerk and Laura Peterson

Money from multinational oil companies moves through labyrinths of international bank accounts, avoiding national budgets and banks

Excerpts from this story referencing "Teleservices":

"… ransactions as well: On June 5, two payments totaling $2.4 million went to Teleservices, a private security firm that guards diamond mines and oil-storage facilit …"

"… that guards diamond mines and oil-storage facilities in Soyo and Cabinda. Teleservices' principal shareholders are Gen. Antonio dos Santos Franca, a former milit …"

"… ee for oil trading). However, when asked why an outside contractor such as Teleservices, which provides services in Angola, was paid from an outside bank rather t …"