Last month, he also joined calls from Tory MPs to allow shale fracking to resume in the UK. 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. 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. 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. Read about our approach to external linking. 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. 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. The company said it saved Ghana over $2.8million when it sold the crude to the firm at a discount of $2 instead of the normal $5 a barrel. John Hayes works for BB Energy as a strategic adviser, Politicians accused of being worryingly cosy with oil and gas firms as its revealed almost one in ten Tory peers has financial stake in the sector. 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. In an effort to save him even this punishment, Johnson instructed Tory MP Andrea Leadsom to put forward an amendment and set up a committee to prevent his suspension. SECURITYIn Tunis, Mawlawi reassures Saudi counterpart on Lebanons continuing fight against drug trafficking, DIPLOMACY Belgium PM tells Iranian leader to free aid worker, PRIVACY Moroccan activists join WhatsApp suit over Pegasus spyware, Support L'Orient Today with a digital subscription starting $1. This case points to the rampant corruption in the sector. In his self-pitying resignation letter he blamed the cruel world of politics. While former energy ministers who signed and renewed the contract have been questioned, they are not currently at the center of criminal investigations. 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. Starmer last week called on Johnson to answer, apologise and act over sleaze allegations. After the return of Ould Kaddour to Sonatrach as its general manager in April 2017, it was not long before he imposed yet another intermediary besides Baha Bassatne. The Cuban government used the Panama law firm involved in the Panama Papers to create a string of companies in offshore financial havens that allowed it to sidestep the U.S. embargo in its commercial operations. 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. Hayes recently opposed a plan to bring forward a ban on selling new petrol and diesel cars. Johnson even survived revelations that he would rather let the bodies pile high than push forward plans for a third lockdown. There have been unconfirmed reports that Luis Alberto Rodriguez Lopez-Calleja divorced Deborah Castro Espin in recent years, but he remains in charge of Grupo de Administracin Empresarial S.A., (GAESA) and the governments signature port of Mariel development project. 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. Could Oil and Gas Inspire Change in Lebanon. The BVI company was dissolved in 2015. Companies registered abroad are legally not Cuban, according to the source, and could be used for dollar-denominated transactions. The spoiled fuel scandal is a result of the commercial practices of the Sonatrach executives in collusion with Lebanese merchants, both of which were condoned by the relevant authorities in both Algeria and Lebanon. It is up to the criminal court to render a decision on the merits of the case. On top of Patersons 81,932 salary, he took home 8,333 a month to lobby on behalf ofhealthcare company Randox Laboratories. 3. In response to Reuters story, Rosneft has denied it has acted as an intermediary for payments to PDVSA. Photographer: Patrick T. Fallon/Bloomberg. 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. Its got through to him that there is a chance to inflict real blows on the Tories. Overview of anti-corruption in the renewable energy sector The renewable energy sector is a rapidly growing market that is crucial to increasing access to energy and supporting climate change mitigation. Its stated aims are to challenge what it describes as the extremely damaging and harmful policies designed to mitigate climate change. He said, There is a will to hold those involved in the scandal accountable.. The documents reveal previously unknown details about the Cuban governments economic maneuvers abroad and the foreign companies that do business with Havana as some of the firms tried to hide Cubas hand in business deals to skirt the U.S. embargo. Wars, natural disasters and economic downturns have historically exposed children to the danger of trafficking and illegal adoption. But so much of the criticism is phrased as a defence of parliamentary standards and the good name of British democracy. Procs du fuel dfectueux : 22 personnes sur le banc des accuss. Like the extractives sector, the renewables industry requires substantial capital investments, which can come with substantial risks of . One Bloomberg report showed BB Energy had $10 billion in revenues in 2012. Boris Johnson initially backed Paterson. 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. In another document, the lawyer Kabalan instructed Mossack Fonseca in 2005 to issue new shares for BB Naft because the originals had been sold to BB Energy Holdings N.V., a Curacao-based company publicly listed as part of the BB Energy group. 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. Khalid Mahmood (Labour) has committed up to 15 hours a month advising the Policy Exchange think tank on issues including extremism. Entity: B.B. Peter Quinter, an expert on U.S. embargo laws and former head of the International Law section of the Florida Bar Association, said the U.S. trade embargo on Cuba generally bars a company with a U.S. presence from doing business with Cuba directly or indirectly through an offshore branch, for example. The upgrade of the Number 10 flat is now expected to be the subject of another inquiry. However, Reuters was unable to independently verify if the agreement was implemented and remains in force. The report claims peerages appeared to be a reward to thank wealthy donors for funding the Tory party. Ltd., BB Energy (Gulf) DMCC and BB Holding S.A.L. MP and former Tory energy minister John Hayes has been paid 150,000 by oil firm BB Energy over three years. That the energy industry carries heightened corruption risks is well documented: when the OECD analysed 427 anti-bribery enforcement actions in 2014, they found that almost one in five related to the extractive industries. At BB Energy, we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge. The money is in our account and as yet we have not paid anyone, said the spokesman. This article was published in LOGI's May 2020 newsletter in partnership with Kulluna Irada. Our operations in these products are global and we use our storage and logistics for blending and optimising timely deliveries to fulfil customer requirements. BB Energy Location 12-14 Ansdell St, London, Essex, W8 5BN, United Kingdom Description Read More Industry They also considered that the profit margin of the company (3.5 USD) was fair, as the company is not charged with any liabilities. We made a separate appeal to examine the contract with Sonatrach, but it was rejected. Aguilar also has served as a deputy in the legislative National Assembly. MP and former Tory energy minister John Hayes has been paid 150,000 by oil firm BB Energy over three years. 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? For over five decades we have been applying our depth of specialist experience to oil refining, logistics, storage and financing across the world. All rights reserved. The trial is a step in the right direction, he said. One lawyer for BB Naft, Noureddine Kabalan, asked Mossack Fonseca in April of 2008 to create a power of attorney so that the empowered person can be authorized to sign on behalf of the company in Syria and Iraq for specific transactions.. (Credit: Philippe Hage Boutros/OLJ). Employees are required to act honestly and ethically when dealing with business counterparts. 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. At this stage, all defendants are innocent until found guilty, the lawyer said. The Public Prosecution in Mount Lebanon has triggered a heavy-caliber scandal, by arresting two dealers who were supposed to supply the Lebanese Electricity Company with Algerian fuel used in generating electricity. BB Naft does not appear, however, among the subsidiaries listed on BB Energys Web site. This raised many questions about the timing, and the reasons for neglecting it all these past years. Its Havana address is Centro De Negocios Miramar, 5ta Ave. E/ 76 Y 78, Ofic. 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. 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. This article was originally published in French. Owen Patersonthe MP who lobbied for private companies in the pandemic (Picture: Flickr/ NFU Pics). The PDVSA source said that Rosneft credited PDVSA the amount, minus an undisclosed fee, and then started talks with BB Energy to recover the sum it advanced PDVSA. 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. A zero tolerance approach to any deviance from such requirement is adopted throughout the group. MEXICO CITY (Reuters) - (This April 18 story corrects to make clear Reuters could not determine payments were made under the proposed arrangement, removes reference to Evrofinance Mosnarbank and clarifies that experts see no violation of sanctions). 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). 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