Archive for February, 2008

Feb 28 2008

Alcoa Sued for Over $1 Billion for Bribery and Fraud

The worlds third biggest Aluminium corporation, ALCOA is being sued for at least $1 Billion by a Bahraini metals company. Alba (the 10th largest Aliminium producer in the world) claims ‘massive, outrageous fraud’ perpetrated by ALCOA, who bribed officials in an enormous fraudulent scam to overcharge Alba for Alumina by $65 million per year for 15 years. Read More