Cobalt International Energy, Inc. said Thursday the U.S. Justice Department has closed its FCPA investigation into the company's operations in Angola.
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Angolan president Jose Eduardo dos Santos may have to answer questions concerning his daughter's recent appointment as the head of state-owned Sonangol.
Independent oil and gas firm Cobalt International Energy, Inc. said this week that DOJ and SEC investigations into business arrangements in Angola are ongoing and the company is cooperating.
Cobalt International Energy, Inc. has denied alleged links between government officials and Nasaki Oil and Gas, one of Cobalt's partners in Angola.
Cobalt International Energy, Inc.'s annual report filed with the SEC on March 1 repeats a disclosure, of sorts, about FCPA compliance in an Angolan development project.