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Exxon Mobil to Pay $32.2 Mln in Whistleblower Case

April 5, 2010
Reuters

Exxon Mobil Corp. will pay $32.2 million to the United States to resolve claims that some of its units knowingly underpaid royalties owed on natural gas, the Justice Department said on Monday.

The government alleged that Mobil Natural Gas Inc, Mobil Exploration & Producing U.S. Inc and affiliates underreported the value of natural gas taken from federal and American Indian leases between March 1, 1988 and Nov. 30, 1999.

As a result, the Mobil entities paid lower royalties than they owed to the United States and to American Indian tribes, the government said. The Mobil entities became part of Exxon Mobil through a 1999 merger. To read the complete article click here.

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