South Sudanese officials could have taken more than $2.5 billion from oil producers against crude output, amid accountability queries as the country’s treasury battles to steady a tanking economy.
Leaked documents show that the government’s top technocrats conspired to obtain upfront payments worth $2.5 billion from upstream operators, as fears and scrutiny over the management of oil revenues grow, with reports that proceeds from oil are being skimmed off in deals that bypass the country’s financial regulators.
