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Yara Suspected of Corruption in India

4:19 AM MDT | May 12, 2011 | Natasha Alperowicz

The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim; Oslo) has launched charges against Yara International for suspected corruption relating to a project in India. Yara said today it is cooperating with the authorities on the case, which emerged during investigation into other "irregularities" in Libya. On April 8, Yara initiated an external investigation and at the same time notified Økokrim of the possibility that crimial offenses may have occurred before October 2008, in...

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