We fully anticipate that the final charge will also be dismissed, he said. 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. Beefing up global enforcement around corruption By subscribing, you contribute to our financial and editorial independence. The judge is the one who has the power to add to or drop the charges.. This article is published under a Creative Commons Attribution-NonCommercial 4.0 International licence. Photographer: Patrick T. Fallon/Bloomberg. All of Britain's Big Six energy suppliers, EDF Energy , Innogy's Npower, E.ON, Scottish Power, SSE and Centrica's British Gas, have submitted bids in a tender run by regulator Ofgem to . Hayes declared his role at the oil. But he was forced to U-turn to try and end the wave of sleaze allegations. 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You may republish if you include an active link to the original. It showed that fuel was of acceptable quality, when another test showed it was not. Campuses would have to give up testing resources and send them to Randox, they continued. Last month he and other Tory MPs called for fracking to resume. 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. That the committee review and comment on proposed and ongoing work to reduce fuel poverty. For its part, ZR Energy DMCC denied any involvement in illegal practices. 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 analysis and opinions they express through LOGI are their own and do not reflect the view of their respective employers. We are committed to acting as a model corporate citizen at all times and benefitting the local communities in which we operate. Petroecuador contracted BB Energy (Asia) Pte. Independent MP Paula Yacoubian told LOGI that she believed Lebanese and Algerian mafias were involved in a corruption scheme tied to the fuel imports. Rosneft would also make a profit by receiving an intermediation fee, the source and an internal PDVSA document said. 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. The publication was sponsored by Global Warming Policy Forum, a think tank founded by climate change denier Nigel Lawson. The offer letter, seen by Reuters with its date redacted, said that Rosneft had agreed with PDVSA to pay BB Energy's $26 million debt to the Venezuelan state oil company and then to seek. BB Energy is one of the world's leading independent energy trading companies. Reuters could not independently verify that Rosneft ever made the advance payment to PDVSA. MP and former Tory energy minister John Hayes has been paid 150,000 by oil firm BB Energy over three years. According to an undated internal PDVSA document, Indias Reliance Industries Ltd - PDVSAs largest cash-paying client was also asked by PDVSA to pay Rosneft directly in April for oil sales under a long-term supply contract with the Venezuelan company. Former prime minister Theresa May has made 842,526 giving paid speeches since March 2020. His register of interests says he currently earns 50,000 in the role, for about 11 days work a year. All individuals involved in this initiative - including co-founders, advisory board members, and experts - are serving in their personal capacity. 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? Miqati Says Cyprus Still Waiting for Lebanon's Ratification of Maritime Border Agreement. 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. The new certificates, for 800 shares, were to be issued in the names of 10 members of the Bassatne family, including 160 shares for Riad Bassatne. 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. At BB Energy, we are constantly evolving in order to meet new challenges, while developing our personnel to ensure a competitive edge. He said, There is a will to hold those involved in the scandal accountable.. Translation by Joelle El Khoury. A State Department spokeswoman said: We encourage companies, banks, and other institutions to refrain from providing services that support (Maduros) repressive practices.. Some 22 of the biggest donors have gained a seat in the House of Lords in the past 11 years. 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. Link to this Report. 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. 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. There is no overlap of ownership or management between the two companies, a representative of ZR Energy DMCC told Le Commerce du Levant. 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. 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. 1) BB Energy Holdings N.V., Curaao Our holding company involved in global Oil & Gas trading activities and owns the below subsidiaries: BB Energy Trading Ltd., London Europe and the Mediterranean region BB Energy (Gulf) DMCC, Dubai Middle East, Arabian Gulf, Red Sea, East and South Africa, Pakistan, Western side of India and the CIS Yes! Starting in the early 1990s, Cubas Ministry of Foreign Trade, through the Compaa Panamericana S.A, used Mossack Fonseca to create a string of disguised companies in Panama, the Bahamas and the British Virgin Islands that bought and sold medicines, cigars and food. The charges pressed at the end of the investigation consist of a foundation for a trial. Digital Subscription $1,909 Premium Subscription $3,179 Best Value Hes right, but the cruelty is the treatment of ordinary people and the contempt politicians have for the rest of us. The Lebanease newspaper, Al-Akhbar, published a tweet by the Former Energy Minister, Nada Boustani, in which she spoke of ministerial reports confirming the poor quality of fuel and demanding to go on with punitive measures against the suppliers. Founded in Lebanon, BB Energy is one of the worlds leading independent energy trading companies, trading more than 33 million metric tonnes of oil every year. Hayes declared his role at the oil traders, and there is no evidence that rules have been broken. The procedures may take a long time, particularly because the number of defendants is high. BB Energy's global network of middle distillates comprises of a wide range of products, most prominently jet, kerosene, diesel and heating oil. But Cuba kept its links with some of the firms until very recently. Venezuelas oil ministry, its information ministry - which handles media for the government - and PDVSA did not respond to questions. Miramar Playa. 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. BB Energy Location 12-14 Ansdell St, London, Essex, W8 5BN, United Kingdom Description Read More Industry 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. One Bloomberg report showed BB Energy. After the report was published, Reliance did not respond to further questions from Reuters about why the PDVSA internal document proposed Reliance pay Rosneft a marketing fee related to the supply of crude under the Indian firms long-term supply contract with PDVSA. 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. My journey to journalism: Elodie TotoElodie Toto of BBC Afrique tells the story of what inspired her to become a journalist, and takes us on a journey from the suburbs of Paris to Kinshasa, capital of the Democratic Republic of Congo. BB Energy places emphasis on environmental protection as well as health and safety, particularly regarding oil-related storage activities. (Credit: Philippe Hage Boutros/OLJ). 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. Ltd., in February of this year to import 2,880,000 barrels of diesel fuel. How the 61-year-old embargo is blocking Cubans from finding sponsors in the U.S. Subscribe to our newsletters and offers. 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. The London branch of the Algerian Sonatrach published a statement through the Algerian News Agency, saying that whoever was presented by the media as an employee of Sonatrach is not, in fact, an employee in the company, but an independent marine agent who monitors shipments in Lebanon for the benefit of the companys branch in London. The Algerian company tried to imply that the issue is limited to the technical specifications of the fuel. The company, which has offices in Havana and other countries, was created to handle, among other things, its relationship with oil-exporting Latin American countries and with Cuba, Mossack Fonseca lawyer Rigoberto Coronado wrote in an email. 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. After Rafik Damak was appointed by Ould Kaddour as the manager of the London branch in October 2017, the latter was able to remove many of the companys traditional clients out of the way. This article was published in LOGI's May 2020 newsletter in partnership with Kulluna Irada. The subsidiary subcontracted the deal to two private companies BB Energy, owned by the Bassatne family, and, beginning in 2017, Dubai-based ZR Energy DMCC, owned by Ibrahim Zaouk. Hayes recently opposed a plan to bring forward a ban on selling new petrol and diesel cars. 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. Responding to Reuters story, Reliance strongly denied making any payments via third parties to PDVSA. 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. 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. At this stage, all defendants are innocent until found guilty, the lawyer said. 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