Chinese Firm Linked to CNPC Suspected of Fraud in Iraq

(Beijing) – Just after the December 29 celebration of the Muslim holiday Ashura in southern Iraq, heads of the Iraqi subsidiary of China National Offshore Oil Corp. (CNOOC) received a letter titled "Suspending all activities of Hermic."

The sender of the letter was Jameel Hussain, vice general manager of Missan Oil Co. (MOC) and chairman of the joint management committee (JMC) of the Missan oil block.