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Derwick Oil & Gas bribed his way into Gazprom / PDVSA deal

More on Derwick Oil & Gas. A document leaked to this site shows that Derwick Oil & Gas (the "Creditor"), a Barbados co owned and managed by Alejandro Betancourt and Francisco Convit, committed to give a $35 million loan to Gazprombank Latin America Ventures B.V. (the "Borrower"), a joint venture between Derwick and GPB Global Resources B.V., in turn a fully owned Gazprom subsidiary.

Tareck el Aissami & Samark Lopez sanctioned for drug trafficking by U.S. Treasury Alek Boyd Tue, 02/14/2017 - 11:20

[UPDATED] Fusion GPS link to Derwick Associates: Venezuela's most corrupt criminal gang

UPDATED - Before getting to Fusion GPS associations to Venezuela, let me just say that that country is, by far, Latin America's most corrupt. Its president, Nicolas Maduro, has the unique distinction of being the "individual who has done the most in the world to advance organized criminal activity and corruption" according to the Organized Crime and Corruption Reporting Project (OCCRP).

Default circles PDVSA

For the past three/four weeks I’ve noticed a spike in Google searches for corruption-related Venezuelan names and PDVSA. Some of the world’s biggest and best known banks and accounting firms seem all too keen, suddenly, of finding out what’s going in Venezuela. It could well be related to PDVSA’s announcement of a $7 billion bond swap. But it could also be due to some persistent rumours about impending legal cases against PDVSA that could all but obliterate the company’s ability to meet its current international financial obligations, let alone future ones.

Can blockchain technology eradicate corruption? Alek Boyd Thu, 07/07/2016 - 06:57

So called disruptive technologies have entered common language. Loads of enthusiastic people keep saying that this or that new thing will "change the world." Bitcoin, and its associated blockchain technology, was meant to do away with centralized control of money flows.