ExxonMobil, Iran Did Business under Secretary of State Nominee Tillerson

ExxonMobil, Iran Did Business under Secretary of State Nominee Tillerson
Tue Jan 10, 2017 10:48:39

Senate Foreign Relations Committee on Wednasday will ask Donald Trump’s nominee for secretary of State Rex Tillerson about Business with Iran.

ExxonMobil did business with Iran, Syria and Sudan through a European subsidiary while President-elect Donald Trump’s nominee for secretary of State was a top executive of the oil giant and those countries were under U.S. sanctions as state sponsors of terrorism, Securities and Exchange Commission filings show; usatoday reported.

That business connection is likely to surface Wednesday at a confirmation hearing for ExxonMobil CEO Rex Tillerson before the Senate Foreign Relations Committee.

The sales were conducted in 2003, 2004 and 2005 by Infineum, in which ExxonMobil owned a 50% share, according to SEC documents unearthed by American Bridge, a Democratic research group.

ExxonMobil told USA TODAY the transactions were legal because Infineum, a joint venture with Shell Corporation, was based in Europe and the transactions did not involve any U.S. employees.

The filings, from 2006, show that the company had $53.2 million in sales to Iran, $600,000 in sales to Sudan and $1.1 million in sales to Syria during those three years.

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