Hayes declared his role at the oil traders, and there is no evidence that rules have been broken. As working class people suffered mass deaths during the first phases of the Covid pandemic, Tory MPs and their mates filled their bank accounts. Formed in the 1960s, the group's activities span six continents. BB Energy ("BBE or the Group") was established by the Bassatne Family who started a commodities business in Lebanon in 1937, trading grain and asphalt. He added that in 1996 there was agreement on a triangular Russia/Cuba/Naft Trading S.A. deal to deliver Russian fuel to other markets for a number of tens of millions of US$.. Fuel Oil One Bloomberg report showed BB Energy had $10 billion in revenues in 2012. One of the markets may have been Ecuador. BBE Renewables was established to diversify from Oil & Gas by investing and financing renewable projects. 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. The Tories can get away with corruption and sleaze when theres no real opposition. 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. Then Paterson resigned, cancelling future parliamentary votes. He failed on a number of occasions to declare those interests. 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. The women pushing boundaries in Pakistans rural milk marketIn rural Pakistan women milk cows, but male relatives take the milk to male-run collection centres. RECOMMENDATIONS 2.1. All of which can give our clients a competitive edge. But Cuba kept its links with some of the firms until very recently. The document showed that PDVSA and Reliance would pay Rosneft a marketing fee equivalent to around 3 percent of the sale price, split between them. Our Standards: The Thomson Reuters Trust Principles. The Covid-19 public inquiry is a historic chance to find out what really happened. The Cuban government also hid its control of offshore companies by creating still other limited liability companies whose sole objective was to appear in registries as owners of the offshore companies and disguise Cubas hand in them. 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 MPs duly voted for it. Digital Subscription $1,909 Premium Subscription $3,179 Best Value This entire case rests on false assumptions backed up by entirely fabricated charges. And the cosy dinners, the freebie trips and holidays, the football match tickets and the fat extra salaries to deliver for corporations must all go. The offer letter, seen by Reuters with its date redacted, said that Rosneft had agreed with PDVSA to pay BB Energys $26 million debt to the Venezuelan state oil company and then to seek payment from BB Energy via a bank transfer or an equivalent oil cargo. The governments own Climate Change Committee warned in March that there is little, if any, room for increased fossil gas consumption if the goals of the 2015 Paris Climate Agreement are to be met. In view of the foregoing debate, were forced to return to the commercial relationship between Sonatrach and the Lebanese Ministry of Energy, and the pressure exercised by former Sonatrach CEO, Abdelmoumen Ould Kaddour, to adopt ZR Energy trading company as a second intermediary besides Baha Bassatne, as a supplier in the Algerian companys name; the thing that occurred a year and a half before opening the file. By April 28, Mount Lebanon Public Prosecutor Ghada Aoun said 21 people had been arrested in the case, mostly employees of the Oil Installations. 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. It is noteworthy that Mr. Fawal is not authorized to sign the companys contracts, and he assured the Lebanese judiciary that he is merely a representative of Sonatrach in the negotiation processes, and not in concluding contracts. Some 22 of the biggest donors have gained a seat in the House of Lords in the past 11 years. It is worth noting here that Daraj previously investigated suspicious money transactions through Lebanese banks, for Nassim Ould Kaddour, the son of Abdelmoumen Ould Kaddour, based on Panama Papers (First National Bank and Socit gnrale de banque au Liban). He also said Rahme was a friend but denied he was giving Rahme protection. Pakistan ranks 140th in Transparency International's Corruption Index 2022 . 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. The publication was sponsored by Global Warming Policy Forum, a think tank founded by climate change denier Nigel Lawson. 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. Although Labour can now pick up on details of outrageous behaviour, it never offered a different strategy to that which put people before profits during the horror of the pandemic. ZR Group Holding SAL and ZR Energy DMCC are two separate corporate entities. Its stated aims are to challenge what it describes as the extremely damaging and harmful policies designed to mitigate climate change. 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. Responding to Reuters story, Reliance strongly denied making any payments via third parties to PDVSA. The Swiss lawyer did not respond to El Nuevo Herald requests for comments on this story. A letter sent in 1998 by a Mossack Fonseca employee to the international trade office at state-run Petroecuador referred to documents sent by BB Naft required to register the company. A 2005 fax also points to an initial contact with the Venezuelan governments Petroleos de Venezuela (PDVSA). The trial is a step in the right direction, he said. Corruption in the Energy Sector Corruption has been defined by Robert Klitgaard3 as "the abuse of office for personal gain". Swiss lawyer Albert-Louis Dupont-Willemin appears as a director of several of the Cuban companies, among them Miramar Investment Corporation Ltd. and Pescatlan S.A. Mango madness in IndiaSouth Asia diaspora reporter Gaggan Sabherwal shares the story of the Indian couple whove employed security guards after discovering they had planted an extremely rare mango tree by mistake at $50 a mango they aren't taking any chances! But he was forced to U-turn to try and end the wave of sleaze allegations. Johnson even survived revelations that he would rather let the bodies pile high than push forward plans for a third lockdown. : . 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. Maduro has accused U.S. President Donald Trump of waging economic war against Venezuela. The branch he was managing, which was a subject for the report of the General Inspectorate of Finance, was dissolved. It showed that fuel was of acceptable quality, when another test showed it was not. Behind the scandalous lies and appalling plunder by the political elite and their business backers lies their drive to profit from pandemic suffering. His register of interests says he currently earns 50,000 in the role, for about 11 days work a year. BB Naft does not appear, however, among the subsidiaries listed on BB Energys Web site. For some 15 years, the public were informed that Lebanon was purchasing fuel from the Algerian state company Sonatrach. Such transactions do not lead to any consequent payment to PDVSA and do not violate U.S. sanctions or policies.. Last month, he also joined calls from Tory MPs to allow shale fracking to resume in the UK. Corruption and sleaze hard-wired into Johnson and Tories, The Sun rises on Starmers appeal to media and bosses, Covid report finds deadly failings but lets Tories off the hook, 43,000 people given the wrong Covid test results, Rich get the government to do what it is paid for, New secret club of millionaire Conservative donors revealed, Scottish teachers strikes successand English regional strikes hit hard, Strikes hit Sri Lanka against new austerity drive, Teachers across the north of England walk out over pay, Secret cop unit should have disbanded, inquiry finds. It held all the shares of Euro Foods Ltd., which was registered in the Bahamas and in turn represented ALIMPORT. Sir John's earnings put him among the most well paid MPs. Above all, the government remains ahead in the opinion polls even though it presides over one of the worst death rates in the world. The analysis and opinions they express through LOGI are their own and do not reflect the view of their respective employers. Testimonies collected by Mount Lebanon Investigative Judge Nicolas Mansour as part of the preliminary investigation pointed to suspected shady deals to forge lab tests for the fuels quality specifications, and to the involvement of employees at the labs as well as senior officials at the Energy Ministry, including the director-general of oil installations, Sarkis Hleiss. Instead, investigations have revealed that at least two companies owned by Lebanese businessmen, BB Energy and ZR Energy, were bringing in the fuel. Please check individual images for licensing details. In the last seven years every Tory party treasurer has given at least 3 million and been offered a seat in the House of Lords. How the 61-year-old embargo is blocking Cubans from finding sponsors in the U.S. Finally, Sonatrach rarely markets its fuel through intermediaries, and its fuel is sold through intermediaries well-known in the market. 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. Private landlords and housing associations may apply for a grant on behalf of tenants who meet the eligibility criteria. 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. To enjoy unlimited access to all LOrient Today content, subscribe. BB Energy is not known to be involved in fracking but says that it sells oil around the world - and is one of the largest traders in the Mediterranean. 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. The money is in our account and as yet we have not paid anyone, said the spokesman. MPs should take all necessary steps to avoid the perception or reality they are using their public position for private gain.. He receives a salary of 25,000 a year. 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. Companies registered abroad are legally not Cuban, according to the source, and could be used for dollar-denominated transactions. This article is published under a Creative Commons Attribution-NonCommercial 4.0 International licence. 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. (An attorney for Hleiss, who has been accused of fleeing, has publicly denounced certain aspects of the legal procedures.). Please detail the London Energy Project's revenue received, costs incurred and breakdown for both (ie where money was received from and how it was spent) for financial years 2015/16, 2016/17, 2017/18, 2018/19 and budget for 2019/20. In response to Reuters story, Rosneft has denied it has acted as an intermediary for payments to PDVSA. Procs du fuel dfectueux : 22 personnes sur le banc des accuss. Khalid Mahmood (Labour) has committed up to 15 hours a month advising the Policy Exchange think tank on issues including extremism. Panamericanas former director, Jos L. Fernndez de Cosso Domnguez, is listed in the leaked documents as a director of Miramar Investment Corporation Ltd, Euro Foods Ltd, Racuza S.A, Caribbean Sugar Trader, Mercaria Trading S.A. and Sabradell S.A. Fernndez more recently served as Cubas ambassador to Japan and economic attach at the embassy in Paris. The long list of companies linked to the Cuban government or active in Cuba also includes Sanford Management Financial Ltd.; Commercial Mercadu S.A. (linked to Panamericana); Amadis Compaa Naviera S.A.; Seagull and Seafoods, S.A.; Mavis Group S.A.; Octagon Industria Ltd; Travelnet; and Venus Associates Inc., among others. what happened to cicely in eve's bayou, dulles walk between terminals, Appear, however, among the most well paid MPs to 15 hours a month advising the Exchange... He failed on a number of occasions to declare those interests 140th in International... That he would rather let the bodies pile high than push forward plans for a grant behalf! 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