Tanzanian oil bosses arrested

Published Nov 5, 2014

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TOP officials at Tanzania’s state-owned oil agency were arrested this week on charges of failing to release to parliament oil and gas contracts the government signed with foreign and local investors. The arrests bring to a head a simmering row over whether Tanzania is getting a fair deal for its new-found natural resources. Huge offshore gas finds promise to lift the nation into the ranks of middle-income countries by 2030. – Reuters

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