In June 2008, the Chief Executive Officer of Talisman Energy Inc (Talisman) and its senior management met with the board of directors. The purpose of this meeting was to discuss the proposed entry of Talisman in the oil-rich Kurdistan region in Iraq. This move was potentially very lucrative for Talisman, but it was fraught with risks. These risks are compounded by the previous foray Talisman in Sudan, during the expansion, that the mascot has been accused of complicity in human rights violations arising from the adopted sector royalties and fees it paid to the government. This payment of duties was held as an example of the public interest to say that the mascot indirectly financing the Sudanese civil war. Talisman's reputation suffered to the point where the anger of investors and governments of the U.S. and Canada was enough to Talisman, to get out of Sudan in 2003. There were a lot of questions about the proposed move to Iraq, including the political situation, the view of the U.S. government and Canada, and particularly in the U.S. $ 220 million is paid Kurdistan Regional Government. If the mascot in Iraq, and if so, they can avoid the same result as the Sudan? "Hide
by Pratima Bansal, Natalie Slawinski Source: Richard Ivey School of Business Foundation 17 pages. Publication Date: April 20, 2009. Prod. #: 909M35-PDF-ENG
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