{"id":5265,"date":"2017-10-12T15:37:05","date_gmt":"2017-10-12T12:37:05","guid":{"rendered":"http:\/\/anticorr.media\/?p=5265"},"modified":"2017-10-13T16:32:14","modified_gmt":"2017-10-13T13:32:14","slug":"ot-prezidenta-zimbabve-do-syna-kaddafi-kak-avstralijskie-bankiry-davali-vzyatki-afrikanskim-lideram","status":"publish","type":"post","link":"https:\/\/anticorr.media\/en\/ot-prezidenta-zimbabve-do-syna-kaddafi-kak-avstralijskie-bankiry-davali-vzyatki-afrikanskim-lideram\/","title":{"rendered":"From Melbourne to Mugabe: The Australian accused of sprawling corruption scheme"},"content":{"rendered":"<p>This material belongs to: <a href=\"http:\/\/www.smh.com.au\/business\/from-melbourne-to-mugabe-the-australian-accused-of-sprawling-corruption-scheme-20171010-gyyfqn.html\">The Sydney Morning Herald<\/a>.<\/p>\n<p><strong>It was March 2008 when an Australian banker flew into <a href=\"https:\/\/en.wikipedia.org\/wiki\/Harare_International_Airport\">Harare International Airport<\/a> as electoral\u00a0unrest in the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Zimbabwe\">Zimbabwean<\/a> capital threatened to boil over.<\/strong><\/p>\n<p><strong>But <a href=\"https:\/\/www.sec.gov\/litigation\/litreleases\/2017\/lr23728.htm\">Vanja Baros<\/a>, a London-based employee of $US34 billion ($A43 billion) New York hedge fund <a href=\"https:\/\/en.wikipedia.org\/wiki\/Och-Ziff_Capital_Management\">Och-Ziff<\/a>, was not involved with the latest trials of this broken country.<\/strong><\/p>\n<figure id=\"attachment_5266\" aria-describedby=\"caption-attachment-5266\" style=\"width: 620px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5266\" src=\"http:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507733027230.jpg\" alt=\"\" width=\"620\" height=\"348\" srcset=\"https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507733027230.jpg 620w, https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507733027230-300x168.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-5266\" class=\"wp-caption-text\">Zimbabwean President <a href=\"https:\/\/en.wikipedia.org\/wiki\/Robert_Mugabe\">Robert Mugabe<\/a>&#8216;s regime was an unintentional beneficiary of Och-Ziff&#8217;s bribes, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission\">US Securities Exchange Commission<\/a> alleges. Source: Tsvangirayi Mukwazhi.<\/figcaption><\/figure>\n<p><strong>He was there to cut a deal with an executive from a London-based miner.<\/strong><\/p>\n<p>The executive had connections to government officials in the mineral-rich <a href=\"https:\/\/en.wikipedia.org\/wiki\/Democratic_Republic_of_the_Congo\">Democratic Republic of the Congo<\/a>.<\/p>\n<p>He was\u00a0renowned as an &#8220;influential and dangerous man&#8221; who had been wanted for arms trafficking, fraud and bribery.<\/p>\n<p>At the time the executive worked for notorious Israeli businessman <a href=\"https:\/\/en.wikipedia.org\/wiki\/Dan_Gertler\">Dan Gertler<\/a>, the inspiration for the movie\u00a0<a href=\"https:\/\/en.wikipedia.org\/wiki\/Blood_Diamond\">Blood Diamonds<\/a>.<\/p>\n<p>The deal Baros\u00a0wanted to present, prosecutors now claim,\u00a0was simple.<\/p>\n<p>Och-Ziff&#8217;s African-focused investment funds would pump $150 million into Gertler&#8217;s company to be used for greasing government palms in the Congo.<\/p>\n<p>The transaction would have huge consequences beyond the massive corruption case launched by the<a href=\"https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission\"> Securities and Exchange Commission<\/a>\u00a0(<a href=\"https:\/\/www.sec.gov\/\">SEC<\/a>) last year.<\/p>\n<p>The SEC alleges\u00a0Baros, along with his boss <a href=\"https:\/\/www.sec.gov\/litigation\/litreleases\/2017\/lr23728.htm\">Michael Cohen<\/a>, orchestrated $400 million-plus in bribes and &#8220;strategic investments&#8221; to secure government favours in no fewer than seven African countries.<\/p>\n<p>A few months after the meeting with Gertler&#8217;s offsider, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Robert_Mugabe\">Robert Mugabe<\/a>&#8216;s machine-gun toting supporters were rioting\u00a0to maintain his iron grip of the country.<\/p>\n<p>Court documents reveal it was then Baros and Cohen received a worrying message from a <a href=\"https:\/\/en.wikipedia.org\/wiki\/South_Africa\">South African<\/a> businessman who was familiar with the deal.<\/p>\n<figure id=\"attachment_5267\" aria-describedby=\"caption-attachment-5267\" style=\"width: 620px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5267\" src=\"http:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720589001.jpg\" alt=\"\" width=\"620\" height=\"349\" srcset=\"https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720589001.jpg 620w, https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720589001-300x169.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-5267\" class=\"wp-caption-text\">The SEC has prosecuted Och-Ziff. Source: The Sydney Morning Herald.<\/figcaption><\/figure>\n<p>Approximately $100 million of the company&#8217;s money had allegedly &#8220;paid 4 arms into zim and rented boat from China&#8221; to stamp out the support for Mugabe&#8217;s opponent <a href=\"https:\/\/en.wikipedia.org\/wiki\/Morgan_Tsvangirai\">Morgan Tsvangirai<\/a>, according to a message that has surfaced in court documents.<\/p>\n<p>It&#8217;s quite the place for a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Melbourne\">Melbourne<\/a>-raised man who was then just into his 30s.<\/p>\n<p>But it wasn&#8217;t just Mugabe who allegedly ended up with Och-Ziff investors&#8217; cash.\u00a0Monies arranged through the Och-Ziff alleged bribery scheme also flowed into the bank accounts of officials and agents.<\/p>\n<p>That included <a href=\"https:\/\/en.wikipedia.org\/wiki\/Saif_al-Islam_Gaddafi\">Saif al-Islam\u00a0Gaddafi<\/a>, the son of then\u00a0Libyan dictator <a href=\"https:\/\/en.wikipedia.org\/wiki\/Muammar_Gaddafi\">Muammar Gaddafi<\/a>.<\/p>\n<figure id=\"attachment_5268\" aria-describedby=\"caption-attachment-5268\" style=\"width: 620px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5268\" src=\"http:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720824427.jpg\" alt=\"\" width=\"620\" height=\"348\" srcset=\"https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720824427.jpg 620w, https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507720824427-300x168.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-5268\" class=\"wp-caption-text\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Saif_al-Islam_Gaddafi\">Saif al-Islam Gaddafi<\/a>, the son of Libya&#8217;s dictator, after his capture in November 2011. Source: AP.<\/figcaption><\/figure>\n<p>In return for a series of secret payments allegedly orchestrated by Cohen and Baros, who between 2007 and 2013 worked at Och-Ziff as an analyst and director of its African investment arm,\u00a0various agents worked\u00a0their magic in securing government favours, including buying state-seized assets and lucrative mining rights in far-flung African mining locales.<\/p>\n<p>\u200bThe alleged payments then allowed Och-Ziff&#8217;s agents and associates to splash out on shopping trips to Paris, private jets and, in one case, a multi million-dollar super yacht.<\/p>\n<p>Earlier this year, Och-Ziff forked out more than $US400 million in fines after admitting to breaching <a href=\"https:\/\/en.wikipedia.org\/wiki\/Foreign_Corrupt_Practices_Act\">America&#8217;s Foreign Corrupt Practices Act<\/a>.<\/p>\n<p>Now the SEC is seeking individual penalties and disgorgement orders against Baros and Cohen in a case that could cost the men in excess of $100 million.<\/p>\n<p>&#8220;Beginning in 2007 and continuing through at least August 2012, Cohen and Baros executed a sprawling scheme involving serial corrupt transactions and bribes paid to high ranking government officials in African countries, including the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Libya\">State of Libya<\/a>, the Republics of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Chad\">Chad<\/a>, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Niger\">Niger<\/a> and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Guinea\">Guinea<\/a>, and the Democratic Republic of the Congo (the &#8220;DRC&#8221;),&#8221; the SEC alleges in an amended statement of claim filed earlier this year.<\/p>\n<p>The alleged bribes secured a uranium mining licence in Niger, mining and oil exploration licences in Chad, state-seized mining assets in the DRC, mining assets in Guinea, a stake in an oil field off the coast of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Brazzaville\">Conga-Brazzaville<\/a> and a $300 million investment in Och-Ziff&#8217;s hedge funds from Libya&#8217;s state-owned investment authority.<\/p>\n<p>&#8220;Cohen spearheaded and participated in all of the corrupt transactions. Baros began working with Cohen at Och-Ziff in 2007 and participated in multiple corrupt transactions that were part of the scheme,&#8221; the SEC alleges.<\/p>\n<p>Further, it is alleged that Baros and Cohen omitted corruption warnings from external reporting agencies to get their deals past Och-Ziff legal. Other times, it is alleged, Cohen and Baros successfully lobbied senior Och-Ziff personnel to approve specific corrupt transactions.<\/p>\n<p>Yet supporters of Baros argue he was just an analyst working under direction.<\/p>\n<p>He ran spreadsheets and crunched numbers, they say.<\/p>\n<p>He analysed deals and assets. He did not make deals.\u00a0 He did not pay bribes. He did not participate in any corrupt dealings. He will vigorously defend the case.<\/p>\n<p>And the SEC version of events in Zimbabwe is understood to stand at odds with that of the Baros camp.<\/p>\n<p>Far from a high-level meeting, Baros is believed to have met the man at an innocuous meeting organised by a resources analyst from a US investment bank.<\/p>\n<p>And it is also important to note that the SEC has had some bruising court losses in recent years, particularly when they have litigated against individuals.<\/p>\n<p>To defend him, Baros has hired a crack team of lawyers in New York from <a href=\"https:\/\/en.wikipedia.org\/wiki\/Cohen_%26_Gresser\">Cohen &amp; Gresser<\/a>, which has notched up some significant victories against the SEC most notably on behalf of trader <a href=\"http:\/\/www.reuters.com\/article\/us-sec-insidertrading\/sec-loses-insider-trading-case-against-new-york-fund-manager-idUSKBN0EA26Q20140530\">Peter Black<\/a>.<\/p>\n<p>While much is known of Baros&#8217; alleged activities in Africa, not much is known about Baros back in Australia.<\/p>\n<p>Born in <a href=\"https:\/\/en.wikipedia.org\/wiki\/Bosnia_(region)\">Bosnia<\/a> in 1975, Baros appears to have spent his adolescent years in the eastern Melbourne suburb of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Vermont_South,_Victoria\">Vermont South<\/a>.<\/p>\n<p>He graduated from the <a href=\"https:\/\/en.wikipedia.org\/wiki\/University_of_Melbourne\">University of Melbourne<\/a> in 1998 with a commerce degree before moving to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Sydney\">Sydney<\/a>.<\/p>\n<p>Baros primed his knowledge of African business dealings while at <a href=\"https:\/\/en.wikipedia.org\/wiki\/Deutsche_Bank\">Deutsche Bank<\/a>&#8216;s Australian arm where he specialised in natural resources investments and worked as an associate in the bank&#8217;s corporate finance division. In 2006, he took up a job as an analyst in Deutsche Bank&#8217;s London office.<\/p>\n<p>UK company records show he lived in a townhouse in the flash <a href=\"https:\/\/en.wikipedia.org\/wiki\/Notting_Hill\">Notting Hill<\/a> area in London not far from the famed <a href=\"https:\/\/en.wikipedia.org\/wiki\/Portobello_Road\">Portobello Market<\/a>.<\/p>\n<p>After joining Och-Ziff in late 2007, Baros&#8217;\u00a0primary responsibilities at Och-Ziff related to the management of two funds set up to invest in natural resources and mining assets in Africa.<\/p>\n<p>The SEC alleges that investor money from these two funds facilitated the &#8220;sprawling scheme&#8221; set up by Cohen with the aid of Baros.<\/p>\n<p>On leaving Och-Ziff in 2013, Baros continued to work in the mining investment game, including closely with <a href=\"https:\/\/en.wikipedia.org\/wiki\/Jan_Kulczyk\">Jan Kulczyk<\/a>, a billionaire who up until his 2016 death was Poland&#8217;s richest man.<\/p>\n<p>This included working at <a href=\"https:\/\/mining-atlas.com\/company\/QKR-Corporation.php\">QKR Corp<\/a>, a London-based mining investment company jointly owned by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Qatar_Investment_Authority\">Qatar Investment Authority<\/a> and Kulczyk&#8217;s business interests alongside ex <a href=\"https:\/\/en.wikipedia.org\/wiki\/JPMorgan_Chase\">JP Morgan<\/a> banker <a href=\"http:\/\/www.bloomberg.com\/research\/stocks\/private\/person.asp?personId=23185503&amp;privcapId=234402302&amp;previousCapId=234402302&amp;previousTitle=QKR%20Corporation%20Management%20(UK)%20Ltd.\">Lloyd Pengilly<\/a>.<\/p>\n<p>Baros was also director to two other mining vehicles controlled by Kulczyk including Africa-focused miner <a href=\"http:\/\/www.loonenergy.com\/\">Loon Energy<\/a> and Toronto-listed <a href=\"http:\/\/serinusenergy.com\/\">Serinus Energy<\/a> until his resignation in 2016.<\/p>\n<p>Baros was also listed as a director of the lifestyle advice and product platform <a href=\"https:\/\/suite.endole.co.uk\/insight\/company\/09167274-who-loves-you-limited\">Who Loves You<\/a>, a business run by the daughter of Lloyd Pengilly, <a href=\"https:\/\/www.youtube.com\/channel\/UCLjD6_hdRGLiCb1vpUxUi-Q\">Marina<\/a>, until his resignation in 2015.<\/p>\n<p>Emails to Serinus, Kulczyk and Loon Energy from <a href=\"https:\/\/en.wikipedia.org\/wiki\/Fairfax_Media\">Fairfax Media<\/a> went unanswered.<\/p>\n<p>In the wake of the SEC allegations, Baros joins a line of Australian businessmen who are accused of breaching sanctions and breaking bribery and corruption laws.<\/p>\n<figure id=\"attachment_5270\" aria-describedby=\"caption-attachment-5270\" style=\"width: 620px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5270\" src=\"http:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507721573550.jpg\" alt=\"\" width=\"620\" height=\"348\" srcset=\"https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507721573550.jpg 620w, https:\/\/anticorr.media\/wp-content\/uploads\/2017\/10\/1507721573550-300x168.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-5270\" class=\"wp-caption-text\">Rio Tinto faces allegations of bribery in Guinea. Source: The Sydney Morning Herald.<\/figcaption><\/figure>\n<p>Former <a href=\"http:\/\/australia.recruit.net\/company-leighton-contractors-jobs\">Leighton<\/a> executive <a href=\"http:\/\/www.smh.com.au\/business\/primary-boss-peter-gregg-charged-over-leighton-payments-20170109-gtonk8.html\">Peter Gregg<\/a> has been accused by the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Australian_Securities_and_Investments_Commission\">Australian Securities and Investments Commission<\/a> of\u00a0 being involved in corrupt payments \u2013 an allegation he strenuously denies and is vigorously defending.\u00a0<a href=\"http:\/\/www.sundanceenergy.com.au\/\">Sundance Energy<\/a> has also been subject to a corruption investigation over its dealings in Africa and <a href=\"https:\/\/en.wikipedia.org\/wiki\/Rio_Tinto_Group\">Rio Tinto<\/a> is also being probed over its dealings to secure the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Simandou_mine\">Simandou mine<\/a> in Guinea.<\/p>\n<p>Indeed, Israeli billionaire <a href=\"https:\/\/en.wikipedia.org\/wiki\/Beny_Steinmetz\">Beny Steinmetz<\/a>, who has been locked in a legal battle with Rio Tinto over Simandou for years, seized on the alleged $25 million payment arranged by Cohen and Baros to the Guinean government as proof his business interests were robbed of the lucrative iron ore deposit.<\/p>\n<p>Last month, Baros applied to have the matter dismissed on statute grounds that could see the matter dropped entirely or reduce the penalties Baros can face to zero dollars after a hearing in the coming months.<\/p>\n<p>His legal team will also argue at the hearing that the SEC lack jurisdictional grounds over the alleged business activities of a London-based Australian citizen in African countries.<\/p>\n<p>Baros&#8217;\u00a0lawyer <a href=\"https:\/\/www.cohengresser.com\/attorneys\/mark-s-cohen\">Mark S. Cohen<\/a> said in a statement: &#8220;Vanja Baros is a highly respected professional with an exemplary record of service and integrity. The allegations in the SEC&#8217;s complaint about Mr Baros are without basis. When the facts come out, it will be clear that Mr\u00a0Baros did nothing wrong.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This material belongs to: The Sydney Morning Herald. It was March 2008 when an Australian banker flew into Harare International Airport as electoral\u00a0unrest in the Zimbabwean capital threatened to boil over. But Vanja Baros, a London-based employee of $US34 billion ($A43 billion) New York hedge fund Och-Ziff, was not involved with the latest trials of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5271,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,38],"tags":[58,148,64,93,71,79,62,95,94,104,76,334,118,63,333,78,153],"class_list":["post-5265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-review","category-investigation","tag-politiki","tag-avstraliya","tag-antikorrupcionnaya-politika","tag-borba-s-korrupciej","tag-vzyatka","tag-gossluzhashhie","tag-korrupciya","tag-korrupciya-v-bankovskoj-sfere","tag-korrupciya-v-biznese","tag-korrupciya-v-politike","tag-moshennichestvo","tag-niger","tag-politicheskaya-korrupciya","tag-protivodejstvie-korrupcii","tag-chad","tag-chinovniki","tag-ekonomicheskaya-korrupciya","has-thumb"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["ru","en"],"languages":{"ru":{"title":true,"content":true,"excerpt":false},"en":{"title":true,"content":true,"excerpt":false}}},"yoast_head":"<!-- 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