Chinese Oil Giant Sinopec Probed by the U.S. Over Nigeria Bribery Allegations
- SEC, DOJ efforts focused on alleged bribes paid in California
- Payments said linked to unit’s $4 billion dispute with Nigeria
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U.S. authorities are investigating China Petroleum & Chemical Corp. over allegations that the state-controlled oil producer paid Nigerian officials about $100 million worth of bribes to resolve a business dispute, according to people familiar with the probe.