US sends Transocean a fresh subpoena over Burma conduct

Description: 

"Transocean, the Swiss-American drilling firm being sued by the United States for its role in the recent BP oil spill in the Gulf of Mexico, has received a second subpoena over its activities in Burma, a recent regulatory filing with the US Securities and Exchange Commission (SEC) shows. Actinia Transocean International?s semi-submersible drilling rig, the Actinia. Last year, the Actinia was contracted to drill in Burmese waters licensed to a consortium that includes China?s CNOOC and Singapore-registered firm China Focus Development ? owned by junta crony and alleged narcotics money-launderer Stephen Law, aka Tun Myint Naing. Photo: Mizzima The administrative subpoena came from the US Office of Foreign Assets Control (OFAC), the branch of the Treasury Department that oversees American trade and financial sanctions..."

Creator/author: 

Thomas Maung Shwe

Source/publisher: 

Mizzima

Date of Publication: 

2010-12-21

Date of entry: 

2010-12-24

Grouping: 

  • Individual Documents

Category: 

Language: 

English

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