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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

ExxonMobil confirms SEC’s Libya sovereign fund inquiries

Posted on 20 June 2011

Exxon Mobil Corp (XOM) confirmed over the week-end it had received inquiries from the U.S. Securities and Exchange Commission over possible payments related to Libya’s sovereign fund.
“We received a request for information from the SEC and are cooperating and responding,” a spokesman for the U.S. oil giant said, confirming a report in the Oil Daily newsletter……………………………………….Full Article: Source


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