Twice he was found in breach of the rules on declarations of benefits. Sonatrach has been involved in at least two major corruption cases in the past decade, both of which involved the payment of bribes to company employees and officials. Johnson even survived revelations that he would rather let the bodies pile high than push forward plans for a third lockdown. 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. A zero tolerance approach to any deviance from such requirement is adopted throughout the group. 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. BB Energy registered a company in Texas, BB Energy USA LLC., in 2014. Above all, the government remains ahead in the opinion polls even though it presides over one of the worst death rates in the world. Santiago De Cuba. We hope to welcome you among our subscribers. This case points to the rampant corruption in the sector. Following a scandal over the delivery of tainted fuel to the state-owned lectricit du Liban, 22 defendants will appear before the criminal court that upheld the charges, which include accepting bribes and forgery. Owen Patersonthe MP who lobbied for private companies in the pandemic (Picture: Flickr/ NFU Pics). Registered in: Panama Linked countries: Cuba Agent: Mossack Fonseca Search in: The Panama Papers data is current through 2015 read more Incorporated: 21-DEC-1984 Status: Active Connections: Linkurious and Neo4j Officer (3) Intermediary (1) Explore more from Panama Papers Mossack Fonseca The players Instructions for the change were sent by Iulia Ispas, legal adviser to BB Energy Trading Ltd. Emails exchanged by Mossack Fonseca lawyers also point to company operations in Syria and Iraq. It held all the shares of Euro Foods Ltd., which was registered in the Bahamas and in turn represented ALIMPORT. Real-time updates and all local stories you want right in the palm of your hand. The report by the All-Party Parliamentary Group for Fair Fuel for UK Motorists and UK Hauliers decries the environmental evangelism and virtue signalling of the governments plan to phase out new petrol and diesel engines by 2030. One of the directors of both Curtdale and Ardpoint starting in 2011 was Hernn Aguilar Parra, executive director of Grupo Empresarial de Tabaco de Cuba, known as TABACUBA, the governments tobacco monopoly. With its economy reeling from years of recession and a sharp decline in oil production, Venezuela was already struggling to finance imports and government spending before Washington imposed tough restrictions on PDVSA in January. The BVI company was dissolved in 2015. Judge Aoun has charged 12 people in the case, including Electricite du Liban director-general Kamal Hayek for negligence of duty, and Hleiss and director of oil at the energy ministry Aurore Feghali for bribes and negligence of duty. The Covid-19 public inquiry is a historic chance to find out what really happened. Employees are required to act honestly and ethically when dealing with business counterparts. Erni was most recently. 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. After they didn't show up for questioning, reports suggested Hleiss and Rahme were being protected by Marada Movement leader Sleiman Frangieh. I think we have more confidence in what didnt happen than what did.. Four high-level suspects, including Hleiss, and Teddy Rahme and Ibrahim al-Zouk of ZR Energy, did not respond to court summons and arrest warrants were issued for them. It said it had purchased Venezuelan oil from Rosneft that was provided by PDVSA to the Russian company in repayment of past loans, so no money was flowing back to Maduros government. Mossack Fonseca was listed as the registered agent for most of the companies. The decision to award ZR Energy DMCC a new contract, despite its alleged involvement in the tainted fuel case, was explained by the presumption of innocence a principle applicable as long as no [verdict] was issued, an official source said. Since 2018, John Hayes, who served as an energy minister in David Camerons government, has worked for BB Energy as a strategic adviser. Hes right, but the cruelty is the treatment of ordinary people and the contempt politicians have for the rest of us. Image: Cables of the electric generators in the Lebanese capital BeirutCredit: ANWAR AMRO/AFP via Getty Images, except East and Southern Africa & West and Central Africa. Copyright 2023 BB Energy. This evolutionary approach not only applies to our services, but also our people. Reuters could not independently verify that Rosneft ever made the advance payment to PDVSA. Please enable JavaScript in your browser to submit the form, - | 01.03.2023. Starmer last week called on Johnson to answer, apologise and act over sleaze allegations. A Reuters news agency report shows that the mother company, BB Energy, was still sending petroleum to Syria in 2011. The trial is a step in the right direction, he said. . John Hayes earns 50,000 per year as a strategic advisor for BB Energy, a major trader in crude oil and other petrochemical products. For over five decades we have been applying our depth of specialist experience to oil refining, logistics, storage and financing across the world. 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. With challenges consistently facing the energy industry, we are constantly evolving, using advanced systems, procedures and processes to provide the best answers for our clients. See here for a complete list of exchanges and delays. 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. The branch he was managing, which was a subject for the report of the General Inspectorate of Finance, was dissolved. If you have any queries about republishing please contact us. The company did not respond to a request for comment. Forgery, using counterfeit documents, bribery, fraud and professional misconduct these are the charges brought against 22 people and entities following a pretrial investigation into a case of tainted fuel delivered to the state-owned lectricit du Liban to supply its plants. Zaouk is connected to Rahmeh, however, through another company, ZR Energy SAL Offshore, of which Rahmeh is a majority stakeholder and which, along with Zaouk, has a share in ownership of the Lebanese firm Domaz Holding. For its part, ZR Energy DMCC denied any involvement in illegal practices. Labiofam S.A. bought all the shares of BioAsia Ltd. in 2009. 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. This story was originally published June 7, 2016, 10:06 AM. 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. Riad Bassatne and his son Wael remained owners of the remaining shares. Yes! 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. . BB Naft was listed in the Cuban registry of foreign companies operating on the island as of April of this year, with Riad Bassatne as director. The council set a target of reaching net zero carbon emissions for the borough by 2030. They have not been called to account for the 37 billion spent on a failing test and trace system. The news website Diario de Cuba has identified the director of foreign investments at the Foreign Trade Ministry, Dborah Rivas Saavedra, as another of the directors of Racuza, Miramar Investment Corporation Ltd and Caribbean Sugar Trader. As working class people suffered mass deaths during the first phases of the Covid pandemic, Tory MPs and their mates filled their bank accounts. Such deals, however, may be authorized by the Treasury Departments Office of Foreign Assets Control or the Commerce Departments Bureau of Industry and Security. Hayes declined to comment. The arrangement would also allow the cash-strapped Venezuelan state company to receive faster payment, sometimes avoiding the usual 30-to-90 day timeframe for completing oil transactions. This means you can get up to 7,500 worth of measures installed for a maximum contribution of 2,500. Since the Tories takeover of parliament in 2010, nine of the partys former treasurerswho donated huge amountswere given a position as a Lord. Independent MP Paula Yacoubian told LOGI that she believed Lebanese and Algerian mafias were involved in a corruption scheme tied to the fuel imports. As the pandemic highlighted, it is a mechanism for the enrichment of the tiny elite of business people who have an inside track to ministers and top civil servants. One Bloomberg report showed BB Energy had $10 billion in revenues in 2012. 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. Last month he and other Tory MPs called for fracking to resume. In 2015, BB Energy won Ecuadoran contracts for more than three million barrels of naphtha, a petroleum distillate. The leaked documents confirm the existence of these types of foreign companies, with at least partial Cuban government capital. Sonatrach signed the contract while Ali ibn-Buzeid was the manager of the London branch, and Muhammad Shawki Rahhal was the marketing manager, who had been accused in the first Sonatrach lawsuit. the Home Energy and Conservation Act (HECA) report in Appendix 1. Like the extractives sector, the renewables industry requires substantial capital investments, which can come with substantial risks of . 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. In particular, the expensive refurbishment of the Downing Street flat. He said, There is a will to hold those involved in the scandal accountable.. On top of Patersons 81,932 salary, he took home 8,333 a month to lobby on behalf ofhealthcare company Randox Laboratories. The report claims peerages appeared to be a reward to thank wealthy donors for funding the Tory party. It has since been renewed four times. Oil accounts for more than 90 percent of exports from the OPEC nation and the lions share of government revenues. This is an actual Pandoras box that goes far beyond the chapter currently in the hands of the judiciary, he said. There seems to be a tendency to prosecute managers and employees of the Lebanese Al-Zahrani Electricity Company as accomplices and facilitators of these operations; and while ZR Energys owners are being interrogated, the investigations will expand to reach the date of signing the contract with the Algerian company in 2005. He was one of the witnesses in the pretrial investigation. ZR Energy DMCC was not aware of any deficiency and relied on the representations of independent and internationally recognised third-party testers who certified that it was on specification when ZR Energy DMCC handled the cargo, a representative of ZR Energy DMCC said. Offer sent. The contract may be summarized as follows: Sonatrach will give its name to the shipments of Baha Bassatne, who buys fuel from the Swiss company Vitol, for 3.5 dollars per metric ton, while he makes 25 dollars as profit in his deals with the end customer in Lebanon. 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