amaBhungane | SA doctors stall Glencore's mega-settlement over DRC 'bribe' by Gertler associate | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 80%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

In 2010 a powerful fixer in the Democratic Republic of Congo allegedly organised a $500 000 bribe for a local judge to make a $16 million lawsuit against Glencore subsidiary Katanga Copper Company go away. | amaBhungane

Two South African doctors are fighting to piggyback on the commodity trading behemoth’s $1.1 billion corruption settlement with American authorities.

Other filings suggest that"DRC Partner" matches the description of Dan Gertler and"DRC Agent" matches the description of Pieter Deboutte, the long-serving head of Gertler’s operations in Congo. The move effectively locked them out of trades involving any US dollar accounts and US individuals and companies were also prohibited from doing business with them.

Now two South African doctors who have put up evidence in the US courts alleging they got caught in the Glencore-Gertler mangle want Glencore to pay.The 2010 DRC court case which Glencore’s fixer allegedly got quashed had been brought by a company called Crusader Health, owned by South Africa doctor-couple Ian and Laurethé Hagen.

The Hagens’ contract pre-dated Glencore and Gertler taking control of the mines in question while Hattingh had already set up a hospital for Glencore at another mine. The agent emailed a Glencore executive on 3 November 2010 saying that he had talked to an unnamed"DRC official" and that he and this official would be meeting the judge in the Crusader matter to iron things out.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

amaBhungane Tout le temps comme ça . Et c est rien ça

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why your business needs gigabit InternetPromoted | Premium business fibre redefines the business connectivity landscape as we know it, and your business along with it.
Source: TechCentral - 🏆 8. / 71 Read more »

Wanted: 6,000 community crime fighters for Gauteng, who must be fit, agile, and fearless | Business InsiderGauteng is still on the hunt for 6,000 'crime prevention wardens' after pulling an earlier job advertisement that required applicants to obtain motivation letters from their ward councillors. You can start earning from the comfort of your home, if you are just interested message 👇👇👇👇👇👇 Thomas__Lawson
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Business Maverick: Tech is going through a midlife crisis, but that doesn’t mean you shouldn’tIs a midlife crisis a real thing, or just a thing we think is a thing? The key identifier of a midlife crisis is the slightly balding guy in a convertible sports car.
Source: dailymaverick - 🏆 3. / 84 Read more »

EXCLUSIVE | Probe finds Spar shared 'unrealistic' estimates of profits with store buyers | BusinessAn independent probe requested by Spar has found that the retailer overpromised how much some new store owners would earn, while understating their expenses. | JanTamb News24_Business JanTamb _Business So what will Spar do about it’s own findings ? JanTamb _Business Steinhoff JanTamb _Business Some store owners are naive. How much the store makes depends on a lot of factors (mainly client service, good stock, fair pricing, hard work) and can only be estimated based on other stores successes but cannot be a guarantee.
Source: News24 - 🏆 4. / 80 Read more »

UK to back SA's green hydrogen plans with grant funding | BusinessThe UK government has announced it will support South Africa's green hydrogen plan with grant-funded technical assistance. | News24_Business _Business Thank you so much Umlungu for continuing to take take of Africa and it residents. _Business An unwelcome announcement _Business All those who accused CR of 'gallivanting' in the UK while the nation is starving at home should take not of this achievement. Bravo CR.
Source: News24 - 🏆 4. / 80 Read more »