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Thursday, February 28, 2008

Bribery allegation

Alcoa faces Bahrain bribery allegation: report

"Bank records and invoices show that more than $2 billion in Alba's payments for alumina passed from Bahrain to tiny companies in Singapore, Switzerland and the Isle of Guernsey. The suit alleged that some of the money found its way back to [Bahraini]officials involved in granting the contracts."

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