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TNK-BP Probes Corruption Claims by Former Logistics Chief

TNK-BP, the Russian oil venture of BP Plc, told a London judge it was conducting an internal probe into allegations of corruption against it, and executive director German Khan, by a former employee.

The claims “concern the bribery and corruption of senior public officials, and the improper funneling of hundreds of millions of dollars,” according to TNK’s documents from a U.K. court hearing today. TNK said the claims made by Igor Lazurenko, its former Russian head of logistics, weren’t proven and were an attempt at “naked blackmail.”