French court fines oil group Total in Iran bribery case


A message reading “out of order” is seen at a Total petrol station in Reze near Nantes, France, December 5, 2018. REUTERS/Stephane Mahe

PARIS (Reuters) – A Paris court on Friday fined French oil group Total (TOTF.PA) 500,000 euros for bribing foreign public officials in a case related to contracts in Iran in 1997.

Total was accused of paying some $30 million in briberies under the cover of a consultancy contract to facilitate a deal for the South Pars gas field.

Reporting by Emmanuel Jarry, writing by Dominique Vidalon; Editing by Leigh Thomas



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