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

SEC eyeing ExxonMobil’s ties to Libyan sovereign fund

Posted on 21 June 2011

The Securities and Exchange Commission has requested information from Exxon Mobil Corp. about possible payments related to Libya’s sovereign-wealth fund, the company said over the weekend.
“We received a request for information from the SEC and are cooperating and responding,” a spokesman for the U.S. oil giant told Dow Jones Newswires, confirming a report in the Oil Daily newsletter……………………………………….Full Article: Source


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