AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

The US Justice Department has launched an investigation into whether former Interior Secretary Gale Norton illegally used her position to steer lucrative oil leases to Royal Dutch Shell PLC, the company she now works for, officials with both departments confirmed to The Associated Press.
The criminal investigation is focused on a 2006 decision by the Interior Department to award three oil shale leases on federal land in Colorado to a Shell subsidiary. Oil from the leases eventually could earn the company hundreds of billions of dollars.
Investigators are looking into whether Norton, whom former President George W. Bush named to run the agency in 2001, violated a law that bars federal employees from discussing employment with a company if they are involved in a decision that could benefit that firm. Months after granting Shell the leases, Norton left the agency. Shell later that year hired her as an in-house counsel for its unconventional fuels division, which includes oil shale.
Justice Department and Interior investigators also are trying to determine whether Norton violated a broader federal "denial of honest services" law. Under the statute, government officials can be prosecuted for violating the public trust by directing government business to favoured firms. Norton could not be reached immediately for comment. "We are aware of an investigation; however, we are not in a position to comment," said Kelly op de Weegh, a Shell spokeswoman.
The Interior Department's Office of Inspector General began the investigation toward the end of Bush's last term, after receiving complaints about the lease process. The IG's office made a formal referral to the Justice Department this year after concluding there was probable cause for a criminal violation.
The officials spoke to the AP on the condition of anonymity because they were not authorised to discuss the case. The investigation was first reported by The Los Angeles Times. Norton, 55, is the first Bush Cabinet official to be investigated for political corruption. Prior to becoming Bush's first Interior secretary, Norton was Colorado's attorney general and had worked as a private lawyer for timber, oil and mining companies. At Interior, she supported expanded oil and gas drilling on government-owned land.
The development of oil shale largely in the West was one of the technologies that the Bush administration wanted to explore aggressively. In response to a recommendation by then-Vice President Dick Cheney's energy task force, the Interior's Bureau of Land Management issued six demonstration leases in Colorado and Utah. Shell was the only company to receive more than one lease.

Copyright Associated Press, 2009

Comments

Comments are closed.