/ 13 June 2003

We told you so

Nigeria’s national oil authority this week confirmed what the Mail & Guardian has said all along: the lucrative oil contract scooped by a Cayman Islands company was, in fact, allocated to the South African government.

This contradicts responses by the Camac Group in the United States, parent of the Cayman-based South African Oil Company (SAOC), to the M&G exposÃ