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CousinIT

(9,245 posts)
Wed Mar 29, 2017, 01:41 PM Mar 2017

CPI December 2016 article: Tillerson directed offshore company used in Russia deals

Rex Tillerson, the ExxonMobil chieftain nominated by Donald Trump to be Secretary of State, was a director of an offshore company in the Bahamas that is at the heart of Exxon’s close business dealings with Russia.

Tillerson was appointed in 1998 as a director of Exxon Neftegas, an ExxonMobil subsidiary involved in oil and gas operations in Russia, according to leaked documents from the Bahamas corporate registry received by the German newspaper Süddeutsche Zeitung and shared with ICIJ.

. . .

The document highlights Tillerson’s business dealings with Russia, which have drawn new attention as he prepares to face confirmation hearings before the U.S. Senate. Under Tillerson’s leadership, Exxon Neftegas managed a major oil and gas project near the island of Sakhalin in Russia’s Far East. After Tillerson was promoted to CEO of ExxonMobil, the oil giant launched a partnership to search for new reserves in the Arctic with Rosneft, a Russian state-owned company.


https://www.publicintegrity.org/2016/12/17/20563/tillerson-directed-offshore-company-used-russia-deals
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