Dan Gertler Diamond and The London Hedgies In Corrupt Congo
The spotlight on a scandal in the heart of Africa is turning towards Britain
The “Blood Diamond” Magnate Who Is At The Center of Och-Ziff’s Bribery Scandal In Africa
The United States’ first foreign-bribery case against a hedge fund is full of dramatic detail.
Corruption Threaten Congo’s Investment
The Democratic Republic of the Congo (DRC) holds the paradoxical status of possessing a rich mineral wealth at the same time as being one of the world’s least developed countries.
Glencore PLC Under Probe Over Congo Payments
Glencore PLC is under investigation by Canadian regulators looking into more than $100 million in payments a subsidiary made to a company owned by an Israeli businessman who has been accused of bribing Democratic Republic of the Congo officials, said people familiar with the investigation.
President Joseph Kabila “Legalized Corruption”
More than US$ 750 million in mining revenues disappeared from the coffers of the Democratic Republic of the Congo over a three-year period, according to a report released Friday.
‘NY Times’ Ignores Israeli At Heart of NY Hedge Fund Bribery Scandal In Africa
The huge story about bribery by a New York hedge fund in Africa should have been on the front page, but the New York Times buried it in the financial section.
Many Enemies and Problems of Dan Gertler
Dan Gertler has many enemies and many problems. But being his friend is no better. In 2002 David Rafaelov was convicted of smuggling huge amounts of uncut diamonds from Russia to Israel.
Congo – Mining Companies Told To Move HQ’s As Provinces Vie For Minerals
The Democratic Republic of Congo told local units of Glencore, China Molybdenum, Ivanhoe Mines and four other mining companies to relocate their head offices as newly demarcated provinces fight over tax revenue and control of mineral projects.
Oil Company Sees Congo Output Accord After Tribunal Ruling
La Generale Petroliere du Congo, a family-owned exploration company, said it expects the Democratic Republic of Congo’s government to sign an oil production-sharing contract after a tribunal upheld its rights to blocks covering the length of Lake Tanganyika.
Glencore Buys Out Dan Gertler With $1 Billion Congo Deal
Geneva – Mining giant Glencore said Monday it had struck a deal worth nearly $1 billion to purchase shares of two mines in the Democratic Republic of Congo from a controversial Israeli magnate.