Imvume Holdings is a South African oil company. It shot to fame in 2005 as a result of its involvement in what the South African press has dubbed the
Oilgate
Oilgate is a South African political scandal in which the petrol company Imvume Holdings was accused of paying R11 millions of state money to the ruling African National Congress shortly before the 2004 South African general election, 2004 General ...
scandal.
In 2004, the investigation South African newspaper Mail & Guardian revealed Imvume's implication in the
United Nations
The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmoniz ...
Oil-for-Food scandal.
Imvume was named as one of the companies that paid kickbacks to Iraq in exchange for a contract under the oil for food program. Imvume has since taken legal action against the
Independent Inquiry Committee, the UN body that made the accusations. The court case is ongoing.
See also
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Chancellor House Holdings
Chancellor House is a South African holding company managing investments in the mining, engineering, energy and information technology sectors. It is named after Chancellor House, the building where the law firm of Nelson Mandela and Oliver T ...
References
Oil and gas companies of South Africa
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