EnergyWatch

Dismissed employee triggered Endofa's dispute with former partner

Endofa's ambitions to build a global bunker company ended up in animosity and a sentence against a partner for providing misleading information about oil trades in Angola. But it was an outsider who set the case rolling. Based on witness testimony, ShippingWatch tells the story.

Photo: Arkivfoto/Colourbox

A dismissed employee set off a dispute about alleged million dollar fraud between Endofa and a former partner.

Prior to this, the bunker company's owners had already parted ways with co-founder Babak Shahbaz after a disagreement concerning a business venture with multinational oil major BP.

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