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Archive for the tag “UK Government”

DRC: A Report published today says Getler’s Mineral Royalties daily is the double of Messi’s salary!

Again, the investor and mineral licensing powerhouse in the Democratic Republic Congo, Dan Gertler is even more under fire after the revelations of his illicit trade during the recent years. Now, the formula and the amount of cash he gets from the foreign mineral extraction companies are paying for their passage to him. This as the deals between Getler and Kinshasa authorities are left in the dark. Whatever deal they have, certainly Getler is earning fortunes without doing more, than being connected to the Joseph Kabila government.

This report shows important facts and also bring certainties of the assumed fortunes made by Gertler, even as he is sanctioned and his corporations. Clearly, the mineral extraction is profitable in the midst of insecurity and civilian despair in the republic. While the businesses and the affiliates are eating, the public are fleeing militias and the army itself. The state is not serving the public, but the companies and the persons who has secret deals with the government. It is vicious and the international community let them, even as it is sanctioned, the acts are still appearing and has the ability to earn on it.

Based on a number of assumptions, Resource Matters estimates the royalties to the Gertler-affiliated companies can be expected to amount to about $110 million for 2018 and nearly $100 million for 2019. This means that Gertler risks losing about $270,000 in revenue from Glencore’s operations per day. That is nearly twice as much as the world’s best paid soccer player, Lionel Messi, makes at Barcelona” (Resource Matters, P: 6, 2018).

Glencore therefore has to balance the risk of increased pressure in Congo versus the risk of ending up on the U.S. sanctions list. This means that the royalty payments constitute a significant risk, whether they stop or continue. Investors should be able to know how Glencore will deal with this going forward. U.K anti-corruption organization Global Witness has repeatedly lamented the opacity of Glencore’s royalty payments to Gertler’s companies and called for better disclosure” (Resource Matters, P: 8, 2018).

This conclusion was somewhat hasty. Gertler’s gold companies do not explicitly feature on the sanctions list, but that in itself does not matter. Under the U.S. Treasury’s so-called 50%-rule, any company owned at least 50% by a sanctioned entity is considered, per se, sanctioned because it is deemed to be “blocked property” of the sanctioned person. Both Moku Goldmines and Société Minière de Moku-Beverendi are at least 50% owned by Fleurette, a sanctioned entity, and should be considered sanctioned, too. In addition, the fact that no payments are made to Gertler does not shield Randgold from the risk of being sanctioned. The U.S. Treasury could qualify Randgold’s exploration activities at Moku-Beverendi as ‘material support’ to a sanctioned entity and impose sanctions on Randgold” (Resource Matters, P: 9, 2018).

Gertler might be in hot-water and the Kabila government might have decisions to make concerning their alliance. Still, the trades and contracts has been made, if the Kabila government suspend and revoke it, they might have to pay a settlement. While wait for a new company or middle-man to secure a grand deal for the licensing. We can question if the loyalty will be there, as long as the sanctions might hit the companies who works with Gertler. Because, they do not want to lose the profitable and secure delivery of the cobalt and other minerals in the Republic.

Surely, Getler don’t want to miss his winning ways and his double earnings of Messi. He want it and doesn’t care about how. Getler just continue to score and get contracts, which makes his giant fortune. It is by the blessing of his connections in Kinshasa. Peace.

Reference:

Resource Matters – ‘The Global Magnitsky – Effect How will U.S. sanctions against Israeli billionaire Dan Gertler affect the DR Congo’s extractive sector?” (February 2018).

Brexit: HM Government of Gibraltar – “The Most Important Voice in Dialogue is Gibraltar’s” (12.07.2017)

London attack: How it unfolded – BBC News (Youtube-Clip)

London Attacks aftermath: Mayor Khan acts responsible, while President Trump is a disgrace!

Terrorism and deception are weapons not of the strong, but of the weak.”Mahatma Gandhi

President Donald Trump should be told he is totally wrong and doesn’t have the intelligence to understand or comprehend the ramifications of his acts. As the Lord Mayor Sadiq Khan was responsible and making sure with the proper authorities that the terror-attacks in London Bridge and at the Borough Market. It is insane that he slammed the mayor for his statement and his response to the attacks in his own city. It shows that the President of United States are underestimating his acts and his own judgment of the situation. Surely, he is busy watching Fox News or Infowars to get the daily American propaganda. While the authorities in the land of the terror are working heavily on the investigations into the terrorist and their associates. Therefore, read first the mayors statement, before you the Metropolitan Police statement, before the tweet of President Trump, which shows what state of affairs it is at the White House for the moment!

Lord Mayor of Sadiq Khan statement on the terror attacks in London Bridge and Borough Market:

“There are no words to describe the grief and anger that our city is feeling this morning. Tragically, seven people have been killed in this sickening attack, and more than 40 injured, some of them critically. I am appalled and furious that these twisted and cowardly terrorists deliberately targeted innocent Londoners and visitors to our city who were just enjoying their Saturday night. I condemn these terrorists in the strongest possible terms. They are barbaric cowards and there is absolutely no justification for their evil and unforgivable actions. My thoughts are with the family and friends of the victims and everyone caught up in this horrific attack. I’d like to thank our emergency services who bravely tackled the terrorists and helped the injured. I’ve been in close contact with the Met Police Commissioner and senior officers throughout the night and will be attending the government’s COBRA security meeting. I’d urge all Londoners to remain calm and vigilant today and over the days ahead. We are all shocked and angry today but this is our city – we will never let these cowards win and we will never be cowed by terrorism.” (Mayor Sadiq Khan, 04.06.2017).

Statement by Assistance Commissioner Mark Rowley on the attacks in London Bridge and Borough Market:

You will understand that our knowledge of the incident is still growing but what we understand at the present time is: At 22:08hrs yesterday evening we began to receive reports that a vehicle had struck pedestrians on London Bridge. The vehicle continued to drive from London Bridge to Borough Market. The suspects then left the vehicle and a number of people were stabbed, including an on-duty British Transport Police officer who was responding to the incident at London Bridge. He received serious but not life-threatening injuries. His family has been informed. Armed officers responded very quickly and bravely, confronting three male suspects who were shot and killed in Borough Market. The suspects had been confronted and shot by the police within eight minutes of the first call. The suspects were wearing what looked like explosive vests but these were later established to be hoaxes” (…) “The ongoing operation is led by the Met, working closely with British Transport Police, City of London Police, the London Ambulance Service and the London Fire Brigade. At this stage, we believe that six people have died in addition to the three attackers shot dead by police. And at least 20 casualties have been taken to six hospitals across London. I’d like to repeat our request for the public to avoid the following areas: London Bridge and Borough Market. This is to allow emergency services to deal with this incident” (Metropolitan Police Assistance Commissioner Mark Rowley, 04.06.2017).

President Trump statement on the attacks:

At least 7 dead and 48 wounded in terror attack and Mayor of London says there is “no reason to be alarmed!” – President Donald J. Trump (on Twitter 04.06.2017).

So President Trump has an issue with authorities that are capable to react within 8 minutes of the incident at London Bridge. That is a disgrace of a man who leads the Republic of United States. That he cannot see the greatness of reactions to the Metropolitan Police and the other Security Organizations that the United Kingdom posses. That each single victim is one to many and the innocent who lost both their lives and the ones got hurt by the terrorist is just worth condemning the men who did this. That someone are going in and attacking innocent civilians having a fun-time out during the weekend in London.

With this in mind that Mayor Khan says: I am appalled and furious that these twisted and cowardly terrorists deliberately targeted innocent Londoners and visitors to our city who were just enjoying their Saturday night. I condemn these terrorists in the strongest possible terms. They are barbaric cowards and there is absolutely no justification for their evil and unforgivable actions. My thoughts are with the family and friends of the victims and everyone caught up in this horrific attack”. That is a reasonable way to react to the terrorist attack, as he address it as it is, while saying there is “no justification”. Therefore, with just this quote he shows decency in the midst of the aftermath of the attack. While President Trump uses the same violent attack on innocent civilians saying “no reason to be alarmed”. Well, Mr. President, the authorities used 8 minutes to stop it!

I know someone should educate President Trump, but that train is long far gone. Since he has no-heart and no common sense. We should pray for London and continue to live like before. Not let the terrorist stop our daily lives. Than we are letting them win and spread there fear. Like the fear that President Trump wants to earn points on. But on this one, he should get some education as he is wrong and he should spread the message of hope and give props to the authorities who acted swift and continues to investigate the attacks and their associates. So the Police and other authorities can continue their good work. Peace.

HM Government of Gibraltar responds to article in UK Press (05.02.2017)

hm-gibraltar-05-02-2017

Och-Ziff Company and subsidiaries implicated in bribing Guinean, Zimbabwean and Congolese Authorities to get favourable business operations in these nations, Raid January 2017 report claims!

guinea-mining

“The Home Secretary, Amber Rudd, at the FCA’s 2016 Financial Crime Conference, stated:15 ‘The UK is attractive to criminals and corrupt kleptocrats who steal billions from their own people, often some of the poorest people in the world.’ The Home Secretary concluded: ‘If…we develop world leading legislation to combat financial crime whilst continuing to develop the capabilities of our law enforcement agencies, then we will reduce the flow of dirty money into the City….’” (RAID, P: 14, 2017).

Well, this is not the first or the last time we will discuss mineral-resources and the extractions of these to gain quick profits, either in sophisticated ways of administrative affairs between the ones the licence the operations to the company, which usually is government officials who are pocketed by subsidiaries if multi-national corporations; this is happening in the Democratic Republic of Congo, Zimbabwe and Guinea. As showed in the RAID report of January 2017: “Bribery in its purest form”; that I will uncover certain parts of to show the apparent companies and holding-companies that are owning and operating in the these countries by bribing officials to export minerals. They get ownership of giant mines and resources from these nations as they are licenced after favourable transactions for the governments, as they are kept bribed to uphold production as well.

This happening in nations that are sanctioned and has sanctioned persons that should stop these transactions and licences of United Kingdom and United States corporations, even if they have shell-companies and official headquarters in Tax-Havens that proves the ability of extracting the massive fortunes in these minerals, without proper transparency in the nation they operate with their mining operation.

I think the report should speak for itself and should be publically known to show how they are able to take the monies, profit and also bribing the officials without any consequences, even when the nations of Zimbabwe and DRC had sanctions against it; still the His Majesty Treasury of United Kingdom didn’t stop the transactions and trade with them. This proves that the UK Government doesn’t care about their own sanctions and how their businesses are operating without judgement and fear of getting fined for breaking laws to get rights and takeover mining operations in other countries.

Take a look! 

The review of mining licences that the Congolese government embarked on in 2007, which was supposed to clear up the murky legacy of wartime contracts, provided Och-Ziff and its collaborators with a golden opportunity to snap up valuable assets at knock-down prices. Working with the Congolese political elite, this group were able to exploit the threat of expropriation or revocation of mining permits to their own advantage. By 2014, according to Forbes Magazine, President Joseph Kabila had amassed an estimated personal fortune of US$15 billion in just over 13 years of power.xxiv In 2015, The Sunday Times Rich List estimated Michael Cohen’s wealth to be £335 million (US$500 million). Forbes puts Daniel Och’s (the founder and CEO of Och-Ziff) net worth at US$2.5 billion and Dan Gertler’s wealth at $1.18 billion. The DRC is one of the poorest and least developed nations in the world, ranked 176 out of 188 countries.xxv Almost 87% of its 69 million people live on less than $1.25 a day. Put another way, that $1.25 each day equates to $450 per year, and with life expectancy of 58 years, Och’s personal fortune would last the lifetimes of more than 95,000 Congolese at today’s values” (Raid, P: 10, 2017).

Och-Ziff subsidiaries:

“Mvela Holdings is incorporated in South Africa.31 Mvela Holdings is described in the Och-Ziff release as ‘a private investment company founded in 1998 by Tokyo Sexwale, Mikki Xayiya and Mark Willcox. It is the controlling shareholder of JSE-listed Mvelaphanda Group Ltd and has a significant interest in JSE-listed Mvelaphanda Resources Ltd. It has other substantial privately held interests in the mining, energy, real estate and various other industrial sectors in South Africa and Africa.’ It appears that Mvela did not ultimately participate directly in AML” (…) “Palladino Holdings is described as a private investment vehicle, founded in 2003 by Walter Hennig holding ‘a variety of significant mining, energy and other assets in Africa.’32 A company under the name Palladino Holdings Limited is registered in the UK, and recorded as originating in the Turks & Caicos Islands.33 Other market notifications that refer to Palladino Holdings Limited as a shareholder give an address for Palladino in the Turks & Caicos Islands.34 Palladino Capital 2 Limited, a closely-related Palladino subsidiary behind a controversial loan to the Guinea government (see below), is registered in the British Virgin Islands” (…) “Other than Och-Ziff employees, directors of Africa Management (UK) Limited include or have included, Walter Hennig (Palladino), Andre Cilliers (Palladino) and its chief executive Mark Willcox (also Chief Executive Officer of Mvela Holdings)” (Raid, P: 17, 2017).

Guinea agreement:

“Och-Ziff Employee A and Och-Ziff Employee B, along with the CEO of AML and South African Business Partner, conceived of a related-party transaction that would accomplish these goals….According to the deal documents, South African Business Partner was to buy 31.5 million shares in the oil and gas company from the South African conglomerate for $77 million and then immediately resell 18.5 million of those shares to AGC II for $77 million.…” (…) “Contrary to the deal documents…Och-Ziff Employee A and Och-Ziff Employee B knew that South African Business Partner would not pay the full $77 million to the South African conglomerate. South African Business Partner bought 31.5 million shares…for only $25 million, and then immediately resold 18.5 million shares in that same company to AGC II for $77 million, providing South African Business Partner with $52 million and an additional 13 million shares in the company. With the $52 million, South African Business Partner then paid $2.1 million to Och-Ziff to satisfy an outstanding debt relating to AGC I (in which the Investor had no interest), $25 million to the government of Guinea to try to secure access to valuable mining investments there, $1 million to the agent affiliated with the a high level Guinean government official and his family, and the remainder to personally benefit himself and his business partners” (RAID, P: 19, 2017).

Guinea 2011:

“In or about March 2011, a company controlled by Coconspirator #1 [‘the beneficial owner of the Turks & Caicos Entity’ ] entered into an agreement with the Guinean government, which gave the company the option to buy into the SOMC [‘Guinean state-owned mining company’]. On or about April 29, 2011, an affiliate of the Turks & Caicos Entity loaned the government of Guinea $25 million as part of a deal to become a partner in the SOMC. Coconspirator #1 raised the $25 million through a related-party stock sale to the Joint Venture. MEBIAME signed the loan document on behalf of the affiliate of the Turks & Caicos Entity. According to MEBJAME, the partnership with the SOMC ultimately did not go forward due to negative press accounts, which indicated that the deal between the Guinean government and Coconspirator #1 was corrupt” (…) “He [Alpha Condé] said that he agreed. So we made the loan, we signed the loan to Soguipami…,and so I was authorised to sign and make the transfer.’ Another exhibit – a witness statement, from a UK High Court case, made by the chief executive of a company advising BSGR – states:67 ‘funds were transferred to Alpha Condé by way of a recorded loan of $25million and further unrecorded transfers believed to be “much much more”….Alpha Condé attempted to reward his backers. He entered into an agreement known as the Palladino Contract, pursuant to which the provider of the $25million loan would, on default of the loan, become entitled to a 30% share in a new Guinean national mining company established by Alpha Condé.’ Other exhibits in the ICSID case refer to Walter Hennig and AGC” (RAID, P: 20, 2017).

DRC laundering of mining exports:

“Gertler’s use of London markets to launder DRC assets began with another AIM-traded entity, Nikanor plc. Nikanor plc was described as ‘the holding company of a Group with copper and cobalt assets in the DRC’. The company was incorporated and headquartered in the Isle of Man.87 On 17 July 2007, Nikanor was admitted to AIM” (…) “In the Nikanor admission document, reference is made to allegations that Dan Gertler ‘acquired a temporary monopoly on sales of diamonds from the DRC as a result of improper dealings with the Government of the DRC’.88 The Nikanor admission document concludes that: ‘These allegations do not relate to the Company [Nikanor], the Group or any of their activities. They concern Mr Gertler in his capacity as a shareholder.’ Yet it is stated under ‘risk factors’ in the admission document: ‘…each of the Major Shareholders will be able to exercise significant influence over all matters requiring shareholder approval, including the election of Directors and significant corporate transactions.’ Moreover, there is also a reference to how the group of Nikanor companies with mining assets in the DRC and ‘some of the Major Shareholders’ have been ‘subject to criticism from a number of NGOs’ which included lack of transparency in the process by which the assets were awarded, the absence of public tendering and a joint venture agreement ‘unreasonably favourable to the Group and that as a result Gécamines [the DRC’s state-owned mining company] has not received proper consideration for valuable assets with a resulting detrimental effect on the economy of the DRC”(RAID, P: 22 ,2017).

Another DRC Agreement – Camrose transaction:

“The DOJ refers to ‘a $124 million convertible loan through a subsidiary company and AGC to Company B, a DRC Partner-controlled shell entity, funded in or about and between April and October 2008 (the “Convertible Loan Agreement”)’.121 Under the heading ‘C. Corrupt Takeover of DRC Mining Company’” (…) “the SEC Order states: Also in April 2008, Och-Ziff caused AGC I to enter into an approximately $124 million convertible loan with a holding company affiliated with DRC Partner. The stated uses of these funds were threefold: first, to provide DRC Partner with approximately $15 million to purchase a Congolese entity that had acquired the rights to a valuable mining asset in the DRC (the longstanding asset of a Canadian mining company) through an ex parte default judgment in the DRC that resulted in judicial misconduct proceedings; second, to provide DRC Partner with approximately $100 million to purchase a majority stake in that Canadian mining company in exchange for resolving its legal issues; and third, to advance an additional $9 million to be used for future mining operations in the DRC” (RAID, P: 26, 2017). “The transaction gave Och-Ziff control over what assets could be bought or sold by the entity, equity conversion rights into DRC Partner’s entity, a pledged interest in the shares of the Congolese entity, and a right to future deals with DRC Partner in the DRC. Moreover, the transaction gave DRC Partner complete discretion over how to use approximately $24 million of the funds provided by Och-Ziff. Further, Och-Ziff understood this transaction was part of a broader, ongoing partnership with DRC Partner. Finally, both Och-Ziff Employee A and Och-Ziff Employee B knew that DRC Partner was going to use a portion of the funds to pay bribes, and knew that the transaction was structured to accomplish that goal. This knowledge was not shared with others within Och-Ziff or with outside counsel” (RAID, P: 27, 2017).

drc-business

Camrose II:

“A 50% interest in Société Minière de Kabolela et Kipese Sprl (‘SMKK’) was acquired on 9 November 2009 as part of the CAMEC acquisition….In 2009 the Group acquired an option, for a cash consideration of US$25 million, to purchase the outstanding 50% of the issued share capital of SMKK by acquiring the entire issued share capital of Emerald Star Enterprises Limited (‘ESEL’), (an entity controlled by the Gertler family trust), the owner of the outstanding 50% of SMKK. The Group exercised this option and the acquisition of ESEL was effectively completed and control obtained by the Group in June 2010. The total cash consideration in respect of the outstanding SMKK shares, inclusive of the US$25 million option, amounted to US$75 million” (…) “Throughout the period of DRC Partner’s acquisition of Kolwezi Tailings and SMKK, DRC Partner continued to make corrupt payments to DRC Official 2. For example, on or about December 23, 2009, DRC Partner delivered $1 million to DRC Official 2; on or about January 5, 2010, DRC Partner delivered $2 million to DRC Official 2” (…) “On or about August 20, 2010, Mining Company 1 acquired 50.5 percent of Company B. Mining Company I agreed to pay up to $575 million over two years, including $50 million in cash. Och-Ziff Employee 3 and Och-Ziff Employee 5 were informed by a co-conspirator that the $50 million was for DRC Partner to “use on the ground” to corruptly acquire Kolwezi Tailings. As part of the deal, Mining Company 1 guaranteed repayment of the Convertible Loan Agreement through a novation of the loan” (RAID, P: 30-31, 2017).

Camrose Resources Limited, BVI company number: 1055983, incorporated in the British Virgin Islands on 9 October 2006. “ (…) ”124 According to the company website: ‘The Fleurette Group is comprised of various businesses organized under Fleurette Properties Ltd., a company established in 2006 for the benefit of the Gertler Family Trust.’ (<http://fleurettegroup.com/&gt;). A press release attributed to Fleurette Properties Limited states: ‘The Fleurette Group of Companies is a Dutch-resident group of companies whose primary activities are the investment in, exploration, exploitation and development of mining assets in Africa. The parent company of the group is called Fleurette Properties Limited, which is owned by Line Trust Corporation Limited strictly and solely on behalf of the Ashdale Settlement, a trust established in 2006 for the benefit of the family of Dan Gertler.’” (RAID, P: 58, 2017).

“Camrose is described as holding indirect interests in five copper and cobalt exploitation licences in DRC, including a 70% interest, via the Highwind Group, in Metalkol Sarl, which ENRC states as owning ‘the tailings exploitation licence covering the Kolwezi Tailings Site (otherwise known as the Kingamyambo Musonoi Tailings, or “KMT”) (PER 652)’. See ENRC plc, ‘Acquisition of 50.5% of the Shares of Camrose Resources Limited’, op. cit” (RAID, P: 59, 2017).

UK gives Concent to Camrose transaction:

“Consent for the Camrose transaction was therefore sought from the UK authorities, consent that was clearly forthcoming. ENRC sought to prevent publication of media reports relating to the SAR: 101Reporters has published not only the SAR, but also the letter it received from ENRC’s lawyers, which stated: ‘you will respect the public interest in maintaining the confidentiality in SARs and remove that aspect from your article.’” (RAID, P: 33, 2017). “There is a permissive pathway by which mines and minerals from zones of conflict and weak governance are transferred to companies trading on AIM who, in turn, through a process of acquisition, transfer these tainted assets to companies in the premium segment of the main market. This process can only be described as asset laundering. Certain of ENRC’s Congolese and Zimbabwean assets, at the heart of the SFO criminal investigation, were derived from the acquisition of AIM-traded Central African Mining and Exploration Company Limited (CAMEC), which was allowed to flourish unchecked on the junior market, despite a myriad of compliance issues that have never been addressed by AIM Regulation” (RAID, P: 34, 2017).

zim-platinum

Zimbabwe Platinum deal:

“On 11 April 2008, CAMEC announced the acquisition of an interest in platinum mining assets in Zimbabwe via its acquisition of 100% of Lefever Finance Ltd, registered in the British Virgin Islands.209 Lefever owned 60% of Todal Mining (Private) Limited, a Zimbabwean company, which held the rights to the Bougai and Kironde claims south west of the city of Gweru in Zimbabwe. 210 The remaining 40% of Todal was held by the Zimbabwe Mining Development Corporation (‘ZMDC’), wholly owned by the Government of Zimbabwe” (…) “…The consideration paid for Lefever was a cash payment of US$5 million and the issue of 215,000,000 new CAMEC ordinary shares. CAMEC’s announcement of the acquisition stated:211 ‘Furthermore, CAMEC has agreed to advance to Lefever an amount of US$100 million by way of loan to enable Lefever to comply with its contractual obligations to the Government of the Republic of Zimbabwe. Repayment to Lefever is to be made from the ZMDC’s share of dividends from Todal.’” (…) “According to the company’s own 11 April news release announcing the Zimbabwean platinum deal, CAMEC advanced the $100 million loan to Lefever to enable it ‘to comply with its contractual obligations to the Government of the Republic of Zimbabwe “ (PAID, P: 38, 2017).

“Och-Ziff had control over divesting from CAMEC after the platinum deal was announced (Mugabe and senior Zimbabwean government figures were already designated under US sanctions) or after the designation of both the Zimbabwe Mining Development Corporation (ZMDC – CAMEC’s state-controlled partner in the platinum venture) and Billy Rautenbach, later described by the US as a ‘Mugabe crony’. Och-Ziff, however, held onto its CAMEC shares into 2009, selling its remaining holding only when ENRC acquired CAMEC in November of that year” (RAID, P: 41, 2017).

Important Notes:

Africa Management is referred to in the Memorandum of Association of Camrose Resources: ‘…Africa Management Limited, a company incorporated in Guernsey with registered number 47651 and whose registered office is at Ogier House, St Julian’s Avenue, St. Peter Port.’ (See Memorandum and Articles of Association of Camrose Resources Limited, Incorporated 9 October 2006, Amendment registered in this 20th day of November 2008, Memorandum of Association, 10 Definitions and Interpretation, 10.1, “Africa Management Limited”)” (RAID, P: 55, 2017).

Mail&Guardian graphic about how Tokyo Sexwale investing in Gertler corporations.

Mail&Guardian graphic about how Tokyo Sexwale investing in Gertler corporations.

That this company Och-Ziff and their subsidiaries are handling their business in this way is not acceptable, the way they are catering to corrupt government officials and stifling the citizens of the nations they are earing fortunes. These corporate-stooges are writing-off dozens of nations desirable taxes and regulated levies on businesses. As they are bribing both high-level like Alphe Conde who accepts the deals in Guinea, as well as friends of Joseph Kabila in Democratic Republic of Congo, even getting Tokyo Sexwale the former minister of ANC in South Africa to be parts of their network. These levels of bribing and usage of political connection to get resources and takeover companies with ownership of licences of profitable mines, proves the graft and bribe that occurs to secure extravagant luxury for the government officials that are accepting these deals.

The Och-Ziff are using these subsidiaries and corporations to money laundering or tax-exempt them to gain more profits on the mining in the nations. Certainly done with the leadership knowledge and showed their employee tactics to bribe and secure the transactions and ownership of profitable mines. That is certainly the reason for these sophisticated business-models, that enrichen the corporate leadership and gives government officials giant envelopes to give away nations vital resources. These well-planned well-crafted companies that uses all kind of loopholes and ways to escape the punishment for their breaching of international and national law to salvage as much profit as possible.

The long-term effect is certainly that the Guinean, Congolese and Zimbabwean government get less tax on the dollar as the corporate leadership pays them directly a smaller fee, than actually paying the legitimate taxation for their operation and their owned businesses. These actions shouldn’t be in the wind, it should be in the public and be addressed, even send the corporate leadership and government officials should answer to the public thievery as the minerals are taken without proper legal rights because of the fraud, secondly the corporate and the government officials are implicated in the thievery and should be sanctioned by courts and under the rule of law. Third the corporations themselves should lose the licence and the mining operations as they got them without proper procedure and there is invalid. They should also be fined and get banned from working in this nations or the corporations with these corporate bosses that are acting for them to gain this default destructive profits. Peace.

Reference:

Rights and Accountability in Development (RAID) – ‘‘Bribery in its purest form’: Och-Ziff, asset laundering and the London connection’ January 2017

Brexit: Time to reshape and quit the mourning

EU UK Flags

There are these days when the ripple effect of one single vote, of one single event and change that makes such a big difference, not only locally but also internationally. There are these days that have come and gone. One of those days we’re the majority of the United Kingdom citizens vote to ‘Leave’ the EU on the 23rd June 2016. It could been anticipated as the fear of immigrations, the years of fear-mongering and hatred for the control of legal and regulatory affairs happening in chambers of Commission and Bureaucracies in Brussels. While the Conservative Party and Liberal-Democratic Party, together with the Opposition party Labour was all for the ‘Remain’, the government went on all cylinders with arrogance expecting that the numbers and the humanity, solidarity and the European idea would be already installed in the British population.

The reactions on the remain side have been blasting as well, as the Shadow Cabinet of Jeremy Corbyn and his Labour Party, have either been sacked by Corbyn or they have resigned. Right before that, the Prime Minister David Cameron has resigned as Executive and also as the Party Leader of the Conservative Party.  Also the Scottish have reacted as they in the late Independence Vote, voted to remain in the UK as they knew they would have a secure in the European Union. So that the Scottish National Party (SNP) Nicola Sturgeon. She have reassured the Scottish public that because of this they will see into a new Independence Vote for Scotland, as they want to be directly part of the EU and be a Member State.

While the United Kingdom Independence Party (UKIP) leader Nigel Farage have had his best days in his life, he has the smug face when he was saying the day after that the numbers of people voted to get control and the money back from the EU; while he now moments after regress those statements as he knows that the millions of quid’s will not be reversed directly back to access the austerity.

NHS EU Brexit

Nigel Farage of UKIP have forgotten this one…

He said it in this brutal way:

“No, I can’t and I would never have made that claim – it was one of the mistakes that the Leave campaign made” (…)”It wasn’t one of my adverts. I think they made a mistake. They made a mistake in doing that” (…) “We have a £10 billion a year, £34 million day featherbed – that is going to be free money we can spend on the NHS, or schools, or whatever it is.” (Dunne, John & Micklethwaithe, 24.06.2016). So the buses with ‘£350 million a week back to the NHS if they left the EU’… so quickly the words of right-wing politicians change their tune. It’s like their promises and words vanish into thin air.

EU British University Funding

While Boris Johnson the other leader who wants to coup d’état the Conservative Party and become the coming PM, he trying to change his rhetoric and sound more sane and act as a politician and not a megaphone for the fears of immigrations and job-losses for British citizens as he have proclaimed for months.

Therefore Boris Johnson all of sudden wrote this: “It is said that those who voted Leave were mainly driven by anxieties about immigration. I do not believe that is so. After meeting thousands of people in the course of the campaign, I can tell you that the number one issue was control – a sense that British democracy was being undermined by the EU system, and that we should restore to the people that vital power: to kick out their rulers at elections, and to choose new ones” (…) “We should be incredibly proud and positive about the UK, and what it can now achieve. And we will achieve those things together, with all four nations united. We had one Scotland referendum in 2014, and I do not detect any real appetite to have another one soon; and it goes without saying that we are much better together in forging a new and better relationship with the EU – based on free trade and partnership, rather than a federal system” (…) “There is every cause for optimism; a Britain rebooted, reset, renewed and able to engage with the whole world. This was a seismic campaign whose lessons must be learnt by politicians at home and abroad” (Johnson, Boris, 26.06.2016 – ‘I cannot stress too much that Britain is part of Europe – and always will be’ – Daily Telegraph).

So while Boris Johnson thinks he can be giant brute of English man and toy around with the Scots as they have done for 300 years, the reality of the Scottish wish to remain comes to surface as the Scottish voted over 60 % to remain and their leader have also spoken her peace to the world, which does counter Johnson and her words.

SNP Sturgeon

This is the words from the First Minster Nicola Sturgeon: “Looking at it from a logical perspective, I find it hard to believe that there wouldn’t be that requirement” (…) “I suspect that the UK government will take a very different view on that and we’ll have to see where that discussion ends up” (…) “If the Scottish Parliament was judging this on the basis of what’s right for Scotland then the option of saying look we’re not to vote for something that’s against Scotland’s interest, of course that’s got to be on the table” (…) “Ultimately it is parliament’s decision whether we repeal the 1972 European Communities Act or whether we don’t” (…) “Well I don’t know if that will be possible but what I am determined to do is to explore all possible options to give effect to how people in Scotland voted and to protect Scotland’s interests, to avoid us being taken out of the European Union against our will with all of the deeply damaging and painful consequences that that will entail” (…) “I am not starting from the premise of saying it has got to be independence, I am starting from the premise of what do we need to do to protect Scotland’s interests but if it does appear to be obvious that the only way we can protect Scotland’s interests is by looking again at independence then that’s an option that Scotland has to have” (Gardham, Magnus, 26.06.2016 – ‘Nicola Sturgeon: Holyrood could block Brexit’ – Herald Scotland).

So already now can see the stalemate between Holyrood and the Whitehall of London, as Boris Johnson is not in sync with the feeling across the border where the Scottish is unsure of their place little more isolated from the European Union. Though Nigel Farage haven’t commented directly because he just wanted the islands independent, but not knowing to what extent; while the ‘Leave’ campaign doesn’t seem to clearly know the terms and the negotiations, as they have not even cleared the message of the axing the Union.

Old Game Brexit Meme

So here is some brief words on the Article 50 of the Lisbon Treaty of 2007 and got ratified in 2009. Says this:

A Member State which decides to withdraw shall notify the European Council of its intention. In the light of the guidelines provided by the European Council, the Union shall negotiate and conclude an agreement with that State, setting out the arrangements for its withdrawal, taking account of the framework for its future relationship with the Union. That agreement shall be negotiated in accordance with Article 218(3) of the Treaty on the Functioning of the European Union. It shall be concluded on behalf of the Union by the Council, acting by a qualified majority, after obtaining the consent of the European Parliament” (…) “he Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council, in agreement with the Member State concerned, unanimously decides to extend this period” (Lisbon-Treaty.org).

Without with that in mind, with the crisis in the Labour Party and the Opposition that haven’t been in while, also the Conservative Party where the ‘Brexit regime’ or Brexit Government would be put in place. As they will recharge for a new government who will work on the Brexit and clear the negotiations with the EU, while Jean-Claude Juncker wanted it happen swiftly and also other wanted to make sure it happens quickly, while certain pundits think that the EU Commission and EU Parliament would give them the Greece Treatment where the punishment and economic transgression could be harsh for the British Islands and United Kingdom, as the EU want to set an example, to make sure the other countries does not leave Union.

EU Economicst Greece

With that in mind the Londoners have also reacted to, as the financial center of United Kingdom and the capital, who overwhelmingly voted to remain, are strictly economically connected with EU and Brussels, as they have the same feeling as the Scottish and even Northern Island, that are trading and exporting to the EU. Just as the Stock Exchange also still reeling: “The FTSE 100 index UKX, -1.24%  dropped 0.6% to 6,105.76, building on 3.2% slide from Friday.” (Sjolin, Sara, 27.06.2016 ‘FTSE 100 slides as Brexit continues to spook traders’ – Market Watch).

Certainly the numbers are going up and down, over time they will be clearly when there is leadership certainty on the islands, when the Government, the Shadow Cabinet and the Scottish and Northern Ireland have made their mind up. This together with the possibility of two year long negotiations with the Union to clear the regulations, the status of affairs and the trade-agreement with the European Continent.

While the EU programs in Wales are in jeopardy after the Brexit vote, the nation in the UK who together with England voted majority for the ‘Leave. They have put themselves into a pickle, even if the MPs from Wales haven’t gone out as the Scottish or Northern Ireland to reassess the situation. The EU Programs in question is the Erasmus Program, Horizon 2020, CAP to Farmers and Structural Funds under 2014-2020, all of these programs are giving substantial funds to Welsh public and Welsh government institutions. This is only in Wales; we can be assured that there are programs supported through the EU in England, Northern Ireland and Scotland as well. That no coffers in the British Virgin Island (BVI) can save in a heartbeat.

xenophobia Brexit

That both campaigns seemed to be wrong in the attitude, xenophobia or the scaremongering of defaulting economic prospects as they would leave the Union. That is now proof that there are many questions and many things to clear, as the table are now turning, the cards are played and the people have to react to the result of the vote. Brexit have created a leadership questioning both in government and opposition, as the Labour Party are in shambles as the negative result is used to topple Jeremy Corbyn, while the Conservative Party trying to find their way as the result hit the face of Cameron with an iron fist. The reality is that the mourning of the ‘Remain’ side, just have to stop and the ‘Leave’ side have to be humble, as they have address the new reality and fix the stalemate between the EU and United Kingdom.

Because this will be a saga continuing for two years or longer depending on when they hit the button and start the transition, actually apply for the Article 50 of the Lisbon Treaty. Those who thinks this is just nationalism and xenophobia, this is so much more as the ones who have waited for the crippling EU to run, will see their status unsecured. While the ability to agree on the free-trade and the common-market opportunity and still being on the outside of the Union.

Boris Johnson Feb 2016

The UK, will be turmoil as the strength of the leadership and the fallouts will come forward, the plans to topple the leadership positions and also reaffirming old squabbles just with fresh blood as the Scottish, Northern-Ireland and London even questioning their place as an outsider to Brussels, while the England and Wales voted gladly for the Union. The Remain voters have to live side by side the ones who votes for Leave. The question is how the psychology of the economic market and the acts of European Union Commission. If they will make an example of them or be gentlemen from Central Europe, as Jean-Claude Juncker have not acted gentleman or talked in a fashion of aggression, as he was himself slapped in the face; the Brexit is a bullet to the European Union that he leads, the Luxembourgian who’s pride have to fall and give way to the will of the British people. If the European Union is a peace project and not just a powerful bureaucracy than they have to be gentle and act accordingly, but if they want to fragment Europe more and play hardball with UK Gov. than they certainly will give more way to the Right-Wing nationalistic forces in Europe, instead of finding ways to bring unity of the continent. European Union with this in mind with the current rising of the nationalistic movements and xenophobic fear for the immigrants and the current economic austerity that are hitting the continent and can be either a gift or curse.

So with all of this in mind, the European Union, the Government of United Kingdom and the British MPs and British bureaucracy have to take steps in negotiations and agreements with the EU, while becoming an outsider to the Brussels, the EU should show character if they are really an organization for European peace and unity, not just their own agenda to control the Continent or be a statutory organization that the people might respect. There are reasons others then border-control, immigrations and economy for why the English and Welsh in majority voted to ‘Leave’, for the simple reason of getting the decisions made from Whitehall instead of Brussels. That is something the EU have to think about because the same feeling might be in Madrid, Lisbon, Rome or anywhere else where the nationalistic and right-wing politicians will use the poor display of EU towards the Brexit, will fuel the fire for yet another separation. Peace.

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