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Bribe, Swindle or Steal

The Unaoil Story

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 30 July 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Nick McKenzie, award-winning Australian investigative journalist, shares the inside story of his role in exposing the Unaoil scandal.

 

This episode was originally published on 12 July 2017.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the podcast. I'm Alexander Rogi, and today I'm speaking with Nick McKenzie.

0:11.8

It was Nick, together with his colleague Richard Baker, who broke the Un-O-E-O-Ele story at their Australian

0:17.0

newspaper The Age, where Nick is a senior investigative reporter.

0:21.4

Nick's Un-Oil Story carries the title, The World's Biggest Bribes Scandal.

0:26.0

It's about a Monaco-based company that serves as a local partner in challenging markets for large

0:31.2

international companies.

0:32.9

It has more than its share of international intrigue, including details surrounding the breakthrough

0:37.9

that enabled Nick and Richard to publish last year.

0:41.8

This whole thing is winding its way through the legal systems of several countries.

0:45.7

Much of what Nick and I will discuss is in the public forum, or based on first-hand accounts

0:50.1

to Nick, including by one former Un-Oil executive. No one has been criminally charged in this matter, and Unoil's website carries a statement

0:58.4

describing the article's allegations as malicious and damaging.

1:03.5

Nick, thank you for joining me.

1:05.1

How did you get started on this story?

1:07.1

Yuniol was known to you prior to last March.

1:10.9

That's right.

1:11.9

Initially, we got started some years before we did our major story, and that was by examining

1:16.5

the operations of an Australian company that had used Unit Oil in the Middle East to win

1:21.1

work, and we had strong information to suggest that its engagement of Unit Oil involved

1:26.9

some sort of corruption or bribery.

1:29.1

By publishing details of that story, someone contacted us anonymously by sending us a letter

1:33.7

in the mail, a letter from somewhere in another part of the world.

...

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