PetroTiger Execs Charged With Bribing Way To $39M Pact

Law360, Los Angeles (January 6, 2014, 7:38 PM EST) -- U.S. prosecutors have accused two former CEOs and the former general counsel for PetroTiger Ltd. of paying bribes to an official in Colombia in exchange for approval of a $39 million oil services contract, and with paying themselves in a kickback deal, according to charges unsealed Monday.

Former PetroTiger co-CEOs Joseph Sigelman, 42, of Miami and the Philippines; and Knut Hammarskjold, 42, of Greenville, S.C.; and former general counsel Gregory Weisman, 42, of Moorestown, N.J., allegedly tried to pay off a Colombian official by sending money...
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