Imvume Holdings is a South African oil company. It shot to fame in 2005 as a result of its involvement in what the South African press has dubbed the Oilgate scandal. In 2004, the investigation South African newspaper Mail & Guardian revealed Imvume's implication in the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmonizi ...

Oil-for-Food scandal The Oil-for-Food Programme (OIP), established by the United Nations in 1995 (under UN Security Council Resolution 986) was established to allow Iraq to sell oil on the world market in exchange for food, medicine, and other humanitarian needs fo ...

. Imvume was named as one of the companies that paid kickbacks to Iraq in exchange for a contract under the oil for food program. Imvume has since taken legal action against the

Independent Inquiry Committee The Paul Volcker Committee (Independent Inquiry Committee) was formed to investigate alleged corruption and fraud in the United Nations Oil-for-Food Programme in Iraq. The committee was appointed by UN Secretary General Kofi Annan during April 20 ...

, the UN body that made the accusations. The court case is ongoing.

References

Oil and gas companies of South Africa {{petroleum-company-stub

See also

References