Search Results for: Afren

On October 29, two significant sentencings took place in the United Kingdom and the United States for former corporate executives with Afren and Julius Baer, respectively.  In the United Kingdom, the Southwark Criminal Court (Judge Michael Gledhill QC) sentenced Osman Shahenshah, former co-founder and Chief Executive Officer of Afren, was sentenced to 6 years’ imprisonment… Continue reading UK, U.S. Courts Hand Down Sentences in Prosecutions of Former Afren, Julius Baer Executives

On October 24, a jury in London’s Southwark Criminal Court, after a seven-week trial, convicted two former officials of the defunct oil and gas producer Afren Plc of fraud and money laundering charges stemming from their secret diversion of $45 million from a $300 million payment to Afren’s oil field partner in Nigeria. Former Afren… Continue reading London Jury Convicts Two Former Afren Oil Executives of Fraud and Money Laundering

In the 1972 movie The Discreet Charm of the Bourgeoisie, director Luis Buñuel mordantly depicted a “decaying European aristocracy” incapable of coming to terms with its own deep-seated moral corruption and hypocrisy.  Though critically acclaimed in its time, that film would likely be banned today in Venezuela, where the Boliburguesía — an elite of individuals who… Continue reading The Discreet Charm of the Boliburguésia