Corruption policy, and our KYC and recruitment procedures to support our stance that we will not Global Policy Forum, a non-government agency that monitors the work of the United Nations, also included BB Energy in a list of beneficiaries of the so-called oil bribes distributed by Saddam Hussein to recruit international support for weakening U.N. and other economic sanctions against Iraq. However, Reuters was unable to independently verify if the agreement was implemented and remains in force. Its stated aims are to challenge what it describes as the extremely damaging and harmful policies designed to mitigate climate change. Erni was most recently. The aftermath of the devastating earthquake in Turkey and Syria is no exception. Like the extractives sector, the renewables industry requires substantial capital investments, which can come with substantial risks of . Socialist Worker (unless otherwise stated). Labiofam S.A. bought all the shares of BioAsia Ltd. in 2009. The Panama Papers also show that Labiofam S.A., the marketing branch of Grupo Empresarial Labiofam, a Cuban government company that produces vaccines, medicines and other products for the control of carriers of diseases, owns shares in BioAsia Ltd. That company was founded with an investment of 10 million euros from Vietnam, southern Asia and the United Kingdom and lists Mossack Fonseca as its registered agent. The council set a target of reaching net zero carbon emissions for the borough by 2030. A former Conservative minister who has criticised climate change policies and joined calls to restart fracking has been paid 150,000 by an oil firm, openDemocracy can reveal. A letter sent to the Panamanian law firm in 1997 requested assistance organizing a fishing operation in the Turks and Caicos Islands with Cuban-flagged fishing boats.. Digital Subscription $1,909 Premium Subscription $3,179 Best Value The Sunday Times newspaper has revealed a phone call on 9 April last year between Paterson and the Tory peer Lord Bethell, who was the minister responsible for handing out contracts. The Russian oil scheme appears to have been affected by the agreement between Cuba and Venezuela to exchange oil for medical services, and BB Naft expanded its work in Cuba in 2007 to include the sale of spare parts and batteries for autos and trucks, work boots, farm machinery, hardware for USD 5.3 million.. Furthermore, in this context, the Lebanese judiciarys decision to seize this file can be explained long after companies have been getting commissions on the import of fuel. On top of Patersons 81,932 salary, he took home 8,333 a month to lobby on behalf ofhealthcare company Randox Laboratories. In 1963 they entered the oil sector in Lebanon and were primarily involved in local marketing of oil products and importation of Bitumen. That the committee review and comment on proposed and ongoing work to reduce fuel poverty. The development has had mixed reactions. We hope to welcome you among our subscribers. Reports obtained by LOGI show that tests of one batch of fuel showed it could contain chemical waste. The quality of the fuel was so bad that it caused material damage to turbines at both the Jiyeh and Zouk power plants. The report claims peerages appeared to be a reward to thank wealthy donors for funding the Tory party. Photographer: Patrick T. Fallon/Bloomberg. The UK energy industry is facing a wave of bankruptcies amid a gas supply crunch that has sent electricity prices soaring, leaving suppliers vulnerable . However, the dates for the first court hearings, which will be open to the public, have yet to be announced. The judiciarys opening of this file occured to the beat of a political debate that the judiciary does not seem to be far from, especially as opening such a file occurred according to a report presented by the leader in the the Aounist party, lawyer Wadih Akl, and investigations were conducted by Judge Ghada Aoun. With approximately 24 million metric tonnes of physical crude oil, petroleum products and gas traded annually, BBE is one of the most active gas-oil, gasoline, fuel oil and bitumen traders. BB Energy boasted of making record profits in 2020 in its annual report, writing that it had successfully captured market volatility caused by the pandemic. These high paid speeches have addressed bank JP Morgan Chase and World 50 Incan exclusive club for senior executives. 3. In 2003, for example, BB Naft agreed to guarantee and meet the obligations of a loan obtained by BB Energy (Asia) Pte Ltd. from the Standard Chartered Bank of Singapore. PDVSAs contemplated payment agreement with Rosneft is part of a series of methods used by Maduros government to gain access to cash, including selling Central Bank gold reserves. ZR Group and Mr. Rahmeh were unlawfully indicted on a number of charges, of which all but one have been dropped. The Tories can get away with corruption and sleaze when theres no real opposition. Tory MP Bill Wiggin gained 25,000 in bonuses and fees from a tax dodging wealth management firm in Bermuda. We are committed to acting as a model corporate citizen at all times and benefitting the local communities in which we operate. This is an actual Pandoras box that goes far beyond the chapter currently in the hands of the judiciary, he said. Fresh scrutiny has been applied after it was revealed former Attorney General Sir Geoffrey Cox was being paid hundreds of thousands of pounds advising the British Virgin Islands' government in a corruption investigation. One of the markets may have been Ecuador. The documents found in the Panama Papers are dated as far back as the early 1990s, when the Cuban economy crashed following the end of Moscows massive subsidies to the island. The testimonies suggest that this system has been in place for years, resulting in Lebanon purchasing tainted fuel under a contract signed in 2005 with a subsidiary of Algerias Sonatrach Petroleum Corporation. The similar logo and name are explained through an agreement between the two firms that gave ZR Energy DMCC the right to use the brand and credit facility of ZR Group Holding SAL. The managing team of Sonatrach, at that time, instructed Sonatrach Petroleum Corporation (London branch) to carry out the deal.The deal that was negotiated then created the branch of Sonatrach in London, a front for a Lebanese trader named Baha Bassatne, whose company (BB Energy) had been receiving a lions share of the profit margin obtained from these triangular business processes. If youre rich and want a place of power in politics, donate 3 million to the Conservative Party and youre likely to gain a peerage. Venezuelan state oil company PDVSA has asked at least two of its clients to make payments for Venezuelan oil via Russian state energy giant Rosneft, as it comes under pressure from U.S. sanctions, according to a PDVSA source and documents reviewed by Reuters. This is why parliament cannot be relied on for fundamental climate action. According to documents, civil servants were trying to cover for the fact that Randox did not have the equipment it needed. Few traders had room to receive physical barrels at Cushing. The findings of another inquiry by the Electoral Commission was handed to the Tories just before the government attempted to smash up the existing standards regime. Last month he and. The judge is the one who has the power to add to or drop the charges.. The latter said in a televised address that he discouraged Hleiss, one of his childhood friends, from going to the court. BBC Arabic's Moe Chreif tells us about the biggest corruption investigation in the history of Lebanons energy sector, which resulted in allegations involving multi-million dollar agreements, bribery, and shipments of substandard oil. Security agencies have warned against gangs attempting to kidnap unaccompanied children. Yes! Reliance has said that in September 2012 it signed a 15-year deal to purchase up to 400,000 barrels a day of heavy crude from PDVSA. After the Reuters story ran, Rosneft strongly denied the report, describing it as a blatant lie and a provocation against Rosneft. Then Paterson resigned, cancelling future parliamentary votes. The inspectorate registered many irregularities and estimated that this branchs deals with the parent company, Sonatrach, and the ministry of defence involved inflated bills. . Landlords are eligible for up 5,000 to cover two thirds of energy efficiency work. Our experienced traders are situated in our offices throughout the globe; industry specialists who count gas, crude oil, light and middle distillates, as well as bitumen, as their specialities. +44 2079380500 Company BB Energy Joey Nanaasare Current Workplace Joey Nanaasare has been working as a Business Development at BB Energy for 4 years. Asked about Rosnefts offer and the fuel cargo payment, a spokesman for BB Energy said the company had not completed the transaction, under guidance from legal counsel. Starmer last week called on Johnson to answer, apologise and act over sleaze allegations. Tory MP Owen Paterson announced his resignation last week following revelations of his shameless lobbying for big businesses. A lawyer for Panamericana, Katiuska Peado Moreno, and a former commercial attach at the Cuban embassy in London, Alejandro Gutirrez Madrigal, are listed as the beneficiaries of shares in Miramar Investment Corporation Ltd. worth $50,000. Plus, it is still not taking any of the precautions necessary today. During his time as energy minister, Hayes caused controversy by refusing to support any further expansion to onshore wind power, describing wind turbines as a terrible intrusion. Issues with the quality of the fuel imported to Lebanon were uncovered by Yahya Mawlud, the director of Middle East Power, which runs turbines at the Zouk and Jiyyeh power plants. Sir John's earnings put him among the most well paid MPs. Both Mr. Rahmeh and ZR Group have been subjected to a politically motivated witch-hunt underpinned by a campaign to distract from Lebanons political failings. Published by Larkham Printers & Publishers Ltd, Correspondence address: PO Box 74955, London E16 9EJ | company registered in England & Wales, number: 1335756, registered address: 71-75 Shelton Street London WC2H 9JQ. Which groups shape the stories we see in the press; which voices are silenced, and why? It showed that fuel was of acceptable quality, when another test showed it was not. He has also compared climate activists to radical Islam. Their combined donation amounts to a total of 54 million. The CEEC was made up of local residents who are . They have addresses in the Miramar and Old Havana neighborhoods of the Cuban capital. BB Energy is one of the world's leading independent energy trading companies. 11:07 AM | 31 Jan, 2023 . The government was forced to go back on itself and announced there would be a vote on Patersons suspension. This was in addition to his 49,140 directors salary. However, he expressed regret that the court system had not dug deeper. The Bulk Oil Storage and Transportation Company Limited (BOST) has absolved itself of any wrongdoing in the sale of 942,000 barrels of crude to Lebanon-based oil firm, BB Energy. Responding to Reuters story, Reliance strongly denied making any payments via third parties to PDVSA. RECOMMENDATIONS 2.1. Ltd., in February of this year to import 2,880,000 barrels of diesel fuel. Glencore has installed independent legal monitors to oversee its internal conduct as part of an agreement with the US government, marking a key milestone in the Swiss-based commodities house's . The Lincolnshire MP recently criticised the governments plan to bring forward a ban on selling new petrol and diesel cars, saying that a delay would allow fossil fuels to become even cleaner. A former Tory Party chairman told The Sunday Times, Once you pay your 3 million, you get your peerage.. Proceed to our online shop below to find out more about the features in each package. Guillermo Faustino Rodrguez Lpez-Calleja also appears as the representative of seven foreign companies registered in Cuba: Acemex Management Company Limited; Caroil Transport Marine Limited; Nautilus Shipping Overseas Corp.; Northsouth Maritime Company Limited; Gulf Lake Enterprises Ltd.; Acando Shipping Co. Ltd.; and Gilmar Project Finance Establishment. Since the Tories takeover of parliament in 2010, nine of the partys former treasurerswho donated huge amountswere given a position as a Lord. At BB Energy, we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge. After they didn't show up for questioning, reports suggested Hleiss and Rahme were being protected by Marada Movement leader Sleiman Frangieh. It targets Tarek Fawal, who is in charge of clearing Sonatrach BVIs transactions related to receiving and unloading fuel shipments in Lebanon, and is accused of bribery, forgery and using counterfeit documents, as well as Zaouk. The family controls BB Energy, a conglomerate founded in Lebanon in 1937 that buys and sells 16 million metric tons of crude and derivatives each year. A zero tolerance approach to any deviance from such requirement is adopted throughout the group. Whatever youre interested in, theres a free openDemocracy newsletter for you. Since 2018, John Hayes, who served as an energy minister in David Camerons government, has worked for BB Energy as a strategic adviser. Ltd. and Singapore-registered PowerCo International Pte. Paterson had, on 16 occasions, used his House of Commons office for meetings relating to his private business interests. Public debt could rise to 289% of GDP by the end of the century if climate change is left unchecked, it said. MP and former Tory energy minister John Hayes has been paid 150,000 by oil firm BB Energy over three years. The BVI company was dissolved in 2015. This was set to be voted on in parliament. Dominic Cummings, Boris Johnsons former senior adviser, says that the attempt to discredit the system that found then MP Owen Paterson guilty was really about the PM and his own lies. MPs duly voted for it. The PDVSA source said the agreement had received the consent of all three parties and was being executed. Hes right, but the cruelty is the treatment of ordinary people and the contempt politicians have for the rest of us. Reliance said in its statement its purchases of Venezuelan oil from Rosneft do not lead to any payments to PDVSA. They usually resort to those intermediaries when entering new markets that are unfamiliar to them, in order to benefit from their status inside this market, which they have done in several Asian countries before building direct relationships with the clients. Tainted fuel scandal: 22 people and entities to stand trial. Le Commerce du Levant / By Nada MAUCOURANT ATTALAH, Fouad Gemayel, 28 May 2021 19:51, Twenty-two defendants are set to appear before a criminal court on charges related to a tainted fuel case that dates back to March 2020. The legal proceeding is not expected to be decided before next year. Miramar Playa. In response to Reuters story, Rosneft has denied it has acted as an intermediary for payments to PDVSA. Lebanese judicial sources told Daraj that the investigation will not be limited to the technical specifications of fuel, but will also include the commissions Sonatrach is making. Listed as a director of one of the companies is a brother of Gen. Luis Alberto Rodrguez Lpez-Calleja husband of Cuban ruler Raul Castros daughter and powerful head of the Cuban armed forces business conglomerate, GAESA. 2022 LOrient-Le Jour. This article is published under a Creative Commons Attribution-NonCommercial 4.0 International licence. We encourage anyone to comment, please consult, 43 Lords have financial interests in fossil fuel industry, How the UK helps the worlds kleptocrats and crooks deliberately, In the fight for racial justice, optimism is not enough, Staff and students in universities across the UK deserve better, The disturbing resurgence of antisemitic conspiracy theories, Creative Commons Attribution-NonCommercial 4.0 International licence. All of which can give our clients a competitive edge. Potential forms of corruption include bribery, theft, collusion and bid-rigging. Wars, natural disasters and economic downturns have historically exposed children to the danger of trafficking and illegal adoption. From the beginning of the pandemic, Labour leader Keir Starmer spent nearly all his time agreeing with Boris Johnson in a show of national unity. Khalid Mahmood (Labour) has committed up to 15 hours a month advising the Policy Exchange think tank on issues including extremism. Add your voice to our engaged subscriber community and be part of the change. Lebanese judicial sources told Daraj that the investigation will not be limited to the technical specifications of fuel, but will also include the commissions Sonatrach is making. Somebody did and bedlam ensued. The Panama Papers show Dupont-Willemin as a director of a total of 49 offshore companies in the British Virgin Islands, five in Panama and two each in the Bahamas and Seychelles islands. El Nuevo Herald identified at least 25 companies registered in the British Virgin Islands, Panama and the Bahamas and linked to Cuba. For over five decades we have been applying our depth of specialist experience to oil refining, logistics, storage and financing across the world. The Public Prosecution Office began investigating them to the backdrop of the ongoing debate, in Lebanon, over spoiled fuel bought by the electricity company from the Algerian oil company, Sonatrach, which ranked thirteenth in the ranking of oil companies in the world. Its Havana address is Centro De Negocios Miramar, 5ta Ave. E/ 76 Y 78, Ofic. An accountant for the British company All Worlds Food Ltd, Jose Da Silva, answered: I do not know the reasons why the documents were certified by a Swiss notary. This is ostensibly because it was hard for the judiciary to find evidence linking ZR Energy DDMC and ZR Group Holding SAL, despite the testimonies collected by Mansour. The Panama Papers, documents leaked to the International Consortium of Investigative Journalists and shared with the McClatchy Washington Bureau, Miami Herald and El Nuevo Herald, among others, contain hundreds of thousands of pages from the files of Mossack Fonseca, a Panama law firm with offices in 33 other countries. BB Energy bought oil on the day prices turned negative. Aguilar also has served as a deputy in the legislative National Assembly. Entity: B.B. Thats the case of Racuza S.A., incorporated in the British Virgin Islands. I feel they are trying to bury this issue in the courts by stopping at mid-level employees, Yacoubian said. Santiago De Cuba. The Cuban military is estimated to control at least 60 percent of the islands economy. How the 61-year-old embargo is blocking Cubans from finding sponsors in the U.S. All rights reserved. Starmer even chose last week to announce that Labour was no longer in favour of abolishing the House of Lords. Russia has loaned Venezuela almost $16 billion since 2006, which is being repaid in oil shipments, and has also taken significant stakes in petroleum projects, meaning it already controls a large slice of the South American countrys production. The company opened an office in Cuba, he explained, because he has been a resident of Havana like his wife and three children, all of them born in Cuba and Cuban citizens. Russia has publicly said the U.S. sanctions are illegal and it would work with Venezuela to weather them. He said, There is a will to hold those involved in the scandal accountable.. This comes on top of his standard MP salary of 81,932. When he was appointed, Hayes said he would advise the company on strategic plans in the context of changes in the worldwide energy market. On April 15, Wadih Akl, a lawyer affiliated with the Free Patriotic Movement, filed a complaint to the Mount Lebanon public prosecutors office in which he alleged that a fuel quality report for one of the tankers had been forged. The procedures may take a long time, particularly because the number of defendants is high. John Hayes earns 50,000 per year as a strategic advisor for BB Energy, a major trader in crude oil and other petrochemical products. Johnson even survived revelations that he would rather let the bodies pile high than push forward plans for a third lockdown. The case has revealed the need to make all state contracts in the energy sector publicly available, including a 20-year contract signed in 2018 with Russian company Rosneft to rehabilitate and manage the Tripoli Oil Installations. As Johnson announced Covid safety restrictions in March 2020, the government handed Randox a 133 million contract to manufacture Covid tests. It has since been renewed four times. There is no overlap of ownership or management between the two companies, a representative of ZR Energy DMCC told Le Commerce du Levant. The document also said that the payment by Reliance to Rosneft would also allow PDVSA to meet unspecified contractual obligations to Rosneft. The practice has been banned since 2019, after a scientific report found it was not possible to accurately predict the probability of earthquakes linked to drilling. Reporting by Marianna Parraga in Mexico City; Additional reporting by Luc Cohen in Caracas, Nidhi Verma in New Delhi, Julia Payne in London; Editing by Daniel Flynn, Simon Webb,David Gaffen and Marguerita Choy. Venezuelas oil ministry, its information ministry - which handles media for the government - and PDVSA did not respond to questions. Formed in the 1960s, the group's activities span six continents. One of the more intriguing schemes mentioned in the documents puts Cuba at the heart of a deal to sell Russian oil to Latin America through a company registered in Panama by the Bassatne family. INTRODUCTION AND BACKGROUND 3.1. Those sanctioned include the oil trading firms Swissoil Trading and Malta-based Elemento Ltd., as well as Swissoil owner Philipp Paul Vartan Apikian, Spanish-Venezuelan citizen Francisco Javier D'Agostino Casado, and core facilitator and Italian citizen Alessandro Bazzoni. He boldly claimed a delay would allow fossil fuels to become even cleaner. It is also worth noting that Abdelmoumen Ould Kaddour used to be the manager of a Sonatrach branch at the beginning of the millennium before he was imprisoned on account of leaking information classified as military secrets. He receives a salary of 25,000 a year. One knowledgeable source who asked to remains anonymous said the Cuban government also has registered companies, ships and airplanes in Panama and other countries to get around the embargo and avoid court-ordered seizures to settle its many debts abroad. A convoluted email by a Cuban lawyer for Tecnica Hidraulica, registered in the British Virgin Islands (BVI), showed all its shares were held by Cubas Tcnica Hidrulica, S.A. Hayes, who was once described as the champion of the motorist during his time as a transport minister, also recently contributed to a report critical of the government's net-zero policies. Longtime Labiofam director Jos Antonio Fraga Castro, a nephew of Fidel and Ral Castro, retired in 2014 amid the so-called revolutionary perfumes scandal, sparked when the company sought to sell perfumes inspired by Cuban revolutionary hero Ernesto Che Guevara and former Venezuelan President Hugo Chvez. The Lebanese National News Agency announced that the attorney-general of Mount Lebanon, Ghada Aoun, issued arrest warrants against 17 people working in the fuel sector because of import irregularities. These trading experts are supported by a highly skilled team of operations, shipping and financepersonnel concentrated in Athens. Sabradell was the sole owner of Resimevis Ltd, a Mossack Fonseca client since 1995 dedicated to general commerce of medical products and equipment., Whats more, a 2015 email indicated that the sole purpose of Curtdale Investments Ltd., registered in the British Virgin Islands, was to hold the shares of Ardpoint Company Inc., which in turn owned Altabana S.L. Some 22 of the biggest donors have gained a seat in the House of Lords in the past 11 years. They include Petrobras, Vitol, and Glencore Limited. BB Energy Group has invested in Gasmeth Energy Global, a company focused on the responsibly extraction, processing, and distribution of methane gas from Rwandas Lake Kivu, one of the African Great Lakes. Panama Papers: Secret buyer seals deal for South Beach condo, U.S. investigated energy weapon, even aliens, but Havana Syndrome origin still unclear, Amid controversy, Biden administration shortens visit by Cuban Border Guard officials, Rubio questions planned visit by Cuban Border Guard delegation to Washington next week, Facebook takes down hundreds of fake accounts linked to the Cuban government targeting critics, A silent crisis: Miami experts discuss recent migration in South Florida at Herald townhall, Did a U.S. rapper make it rain money in Havana? You can unsubscribe at any time*. This means that the judiciary has ruled pro forma for now. In an email, an official wrote that Matt Hancock, health secretary at the time, would send a letter to universities asking for loans of the various things we need. Corruption takes many forms, ranging from grand corruption - the capture of high office of government by elites and the uses of these offices for private gain - to "petty" corruption - the use of bribes or other Public documents show for example that Vitol and Glencore have used intermediaries to funnel over US$31 million in bribes to corrupt Petrobras employees in the past so that they may win big contracts, along with acquiring other benefits. Company Randox Laboratories denied the report, describing it as a deputy in the legislative National Assembly you pay 3. Danger of trafficking and illegal adoption show that tests of one batch of fuel showed it contain... 133 million contract to manufacture Covid tests s earnings put him among the most paid... Latter said in its statement its purchases of Venezuelan oil from Rosneft do not lead to any via! Another test showed it could contain chemical waste to lobby on behalf ofhealthcare company Randox.... 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Of diesel fuel decided before next year going to the public, have to...
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