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. He said, There is a will to hold those involved in the scandal accountable.. This was in addition to his 49,140 directors salary. The BVI company was dissolved in 2015. Speaking on condition of anonymity, a lawyer with knowledge of the proceedings said that there is no [indictment] at this point. It is up to the criminal court to decide on the merits [of the case], and to determine whether ZR Group Holding SAL and Rahmeh are involved in the case. Ltd., BB Energy (Gulf) DMCC and BB Holding S.A.L. According to documents, civil servants were trying to cover for the fact that Randox did not have the equipment it needed. And the case of Sabradell S.A., headed by Panamericana director Jos L. Fernndez de Cosso Domnguez for a time and dissolved in 2008. Its got through to him that there is a chance to inflict real blows on the Tories. In one email exchange in 2011 involving a British company representing ALIMPORT the Cuban state agency that handles food and agricultural imports, valued at nearly $2 billion in 2014 that wanted to open an account with the BBVA bank, a bank employee in Great Britain asked why documents related to Miramar Investment Corporation Ltd had been notarized in Switzerland. 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. Last month he and other Tory MPs called for fracking to resume. 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. Its Havana address is Centro De Negocios Miramar, 5ta Ave. E/ 76 Y 78, Ofic. Behind the scandalous lies and appalling plunder by the political elite and their business backers lies their drive to profit from pandemic suffering. 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. While former energy ministers who signed and renewed the contract have been questioned, they are not currently at the center of criminal investigations. Potential forms of corruption include bribery, theft, collusion and bid-rigging. Ukraine's track record of massive corruption in energy is a sadly familiar story. As working class people suffered mass deaths during the first phases of the Covid pandemic, Tory MPs and their mates filled their bank accounts. The MP has also drawn comparisons between climate activism and radical Islam, writing: Radical Islam, Black Lives Matter and the Extinction Rebellion are cultural not economic movements which want to disown our collective past and so transform our very way of life and so dictate the future.. 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. In 1963 they entered the oil sector in Lebanon and were primarily involved in local marketing of oil products and importation of Bitumen. This comes on top of his standard MP salary of 81,932. 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 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.. The low-quality fuel in question was brought to Lebanon in March, under a secret contract signed with Algerian state company Sonatrach in 2005. Tory MP Owen Paterson announced his resignation last week following revelations of his shameless lobbying for big businesses. She has formally requested a parliamentary investigation committee be formed to probe the matter. This was on top of his standard MP salary of nearly 82,000. Then Paterson resigned, cancelling future parliamentary votes. The analysis and opinions they express through LOGI are their own and do not reflect the view of their respective employers. The branch he was managing, which was a subject for the report of the General Inspectorate of Finance, was dissolved. Campuses would have to give up testing resources and send them to Randox, they continued. Security agencies have warned against gangs attempting to kidnap unaccompanied children. 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. This means that the judiciary has ruled pro forma for now. For over five decades we have been applying our depth of specialist experience to oil refining, logistics, storage and financing across the world. 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. He boldly claimed a delay would allow fossil fuels to become even cleaner. The aftermath of the devastating earthquake in Turkey and Syria is no exception. At the time of renewal of the contracts related to supplying the Lebanese market in December 2018, ZR Energy, owned by Teddy and Rimon Rahma, took a share of it for 3.75 USD/metric ton for Sonatrach, the thing which Tarek Fawal insisted on denying in his interview to the Lebanese newspaper al-Akhbar. 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. 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. See here for a complete list of exchanges and delays. Former prime minister Theresa May has made 842,526 giving paid speeches since March 2020. Since sanctions were imposed, Reliance has made such purchases with the full knowledge and approval of the U.S. Department of State (USDOS), Reliance said. Hes right, but the cruelty is the treatment of ordinary people and the contempt politicians have for the rest of us. For over five decades we have been applying our depth of specialist experience to oil refining, logistics, storage and financing across the world. 310. Venezuelas oil ministry, its information ministry - which handles media for the government - and PDVSA did not respond to questions. However, the criminal court announced his innocence to the Algeria Judicial Council, which was concerned with the ongoing investigations in the second Sonatrach case. This is an actual Pandoras box that goes far beyond the chapter currently in the hands of the judiciary, he said. 2022 LOrient-Le Jour. 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. He also said Rahme was a friend but denied he was giving Rahme protection. Paterson had, on 16 occasions, used his House of Commons office for meetings relating to his private business interests. 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. One Bloomberg report showed BB Energy had $10 billion in revenues in 2012. 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. The leaked documents confirm the existence of these types of foreign companies, with at least partial Cuban government capital. So the seller had to be told that payment would be in euros from a bank in Spain, for example, and Cuba lost on the currency exchange.. This entire case rests on false assumptions backed up by entirely fabricated charges. Translation by Joelle El Khoury. It is assumed that companies will have more trust in documents certified in Switzerland than in Cuba.. Could Oil and Gas Inspire Change in Lebanon. I think we have more confidence in what didnt happen than what did.. Hayes declared his role at the oil. The biggest donor is Aquind, . BBE has consolidated experience in trading, operations, chartering, logistics, storage, refining, and financing, trading in excess of 40 million metric tonnes (MT) of crude oil, petroleum product, and gas in 2021. Every time something was purchased in dollars, it could not be done because the Cuban checks in dollars were automatically canceled because the dollars belong to the U.S. Federal Reserve, the source said. Mansour had initially leveled the same accusations against the Lebanese company ZR Group Holding SAL and issued an arrest warrant for its owner, Teddy Rahmeh, which was withdrawn after bail was posted. the Home Energy and Conservation Act (HECA) report in Appendix 1. 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. Last month he and. This article was originally published in French. Digital Subscription $1,909 Premium Subscription $3,179 Best Value Real-time updates and all local stories you want right in the palm of your hand. Employees are required to act honestly and ethically when dealing with business counterparts. It held all the shares of Euro Foods Ltd., which was registered in the Bahamas and in turn represented ALIMPORT. The CEEC was set up after H&F Council declared a climate and ecological emergency in July 2019. They also considered that the profit margin of the company (3.5 USD) was fair, as the company is not charged with any liabilities. The publication was sponsored by Global Warming Policy Forum, a think tank founded by climate change denier Nigel Lawson. 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. Fuel poverty and energy efficiency are inevitably linked, the less efficient a property is the costlier it is to heat. ZR Group Holding SAL and ZR Energy DMCC are two separate corporate entities. 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). Add your voice to our engaged subscriber community and be part of the change. Teddy Rahmeh and his company, ZR Group SAL Holding, are not involved in importing fuel oil to Lebanon, the representative of ZR Group Holding SAL said, denouncing the charges as a political conspiracy. However, Reuters was unable to independently verify if the agreement was implemented and remains in force. What's more, one of the Algerian state-owned energy firm's subsidiaries has found itself in the crosshairs of a Lebanese court. Socialist Worker (unless otherwise stated). Private landlords and housing associations may apply for a grant on behalf of tenants who meet the eligibility criteria. They include Petrobras, Vitol, and Glencore Limited. Little is known inside the island about the Cuban governments companies abroad, but Havana economist Omar Everleny wrote in the early 2000s that there were more than 100 entities with the participation of Cuban capital, founded as mixed [state-private] companies or as branches of companies based on the island operating abroad in areas such as construction, agriculture, food, medicine, mining, finance and science., Everleny, recently fired from the University of Havanas Center for the Study of the Cuban Economy, noted the paradox that a country that lacks the capital for its own development has invested in other countries. The motive, he speculated, is the U.S. embargo that forced the establishment of a network of companies around the world to warehouse and market products from the sea, among them lobsters and shrimp., Today the export of products from the fishing industry is carried out through those companies, he said, adding that Cuban officials also created an international network of companies to warehouse and sell the famous Cuban cigars.. BB Energy Group Holding Ltd. (DIFC) is managed by a Board of Directors comprising seven board members with five executive members and two non-executive members. 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 judge is the one who has the power to add to or drop the charges.. 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. Thats the case of Racuza S.A., incorporated in the British Virgin Islands. Surprisingly, the contract, long presented as a state-to-state agreement, was in fact signed with Sonatrachs offshore subsidiary, which is registered in the British Virgin Islands. 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 worth mentioning that influential Lebanese politicians, from both ends, support these companies and compete to impose them as fuel importers. 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. He declined to provide further details. This raised many questions about the timing, and the reasons for neglecting it all these past years. 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. Moreover, he denied any relationship with the ZR Energy trading company. . The Venezuelan companys shipping schedules showed that Reliance was loading a cargo from PDVSA as recently as April 20. Tens of thousands of teachers take action, Some workers defied a government strike ban, Teachers report more picket lines than last time, This article is over 1 years, 3 months old, Its not just the bodies that Boris Johnson let pile highits the cash too, reports Sam Ord. 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. 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. Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region's best source of business information. In 2015, BB Energy won Ecuadoran contracts for more than three million barrels of naphtha, a petroleum distillate. RECOMMENDATIONS 2.1. 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 internal PDVSA document reviewed by Reuters showed the Venezuelan state oil firm asked Reliance to pay for oil sales under the long-term contract via Rosneft Trading SA, the Geneva-based trading unit of the Russian oil giant. Petroecuador contracted BB Energy (Asia) Pte. The inspectorate registered many irregularities and estimated that this branchs deals with the parent company, Sonatrach, and the ministry of defence involved inflated bills. Maduro has accused U.S. President Donald Trump of waging economic war against Venezuela. 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