OTHER THINGS YOU MAY HAVE MISSED – APRIL 22

22nd April 2019

US REPORT: ADHERENCE TO AND COMPLIANCE WITH ARMS CONTROL, NONPROLIFERATION, AND DISARMAMENT AGREEMENTS AND COMMITMENTS

The US State Department has published a report which  assesses US compliance with and adherence to arms control, non-proliferation, and disarmament agreements and related commitments in 2018, including Confidence- and Security-Building Measures (CSBM), as well as the compliance and adherence in 2018 of other nations to arms control, non-proliferation, and disarmament agreements and commitments, including CSBM and the Missile Technology Control Regime (MTCR), to which the US is a participating State.  The report mentions chemical, biological and conventional weapons, as well as nuclear and missile control agreements.

https://bloximages.newyork1.vip.townnews.com/northaugustastar.com/content/tncms/assets/v3/editorial/d/60/d607a913-4b17-53f4-961c-b69172bfdf5e/5cbb30a8e37b5.pdf.pdf

TANZANIAN MINISTER ORDERS SUSPENSION OF GOLD-PROCESSING IN SOUTHERN REGION

The Chinse news service, Xinhua, reported on 22nd April that a Tanzanian Minister has ordered all gold-processing plants in the southern highland region of Songwe to suspend production following reports of smuggling out of the country.  The mining sector contributes around 4.8% to Tanzania’s GDP, according to the government.

http://www.xinhuanet.com/english/2019-04/22/c_137996391.htm

TURKMENISTAN HAS APPLIED FOR MEMBERSHIP IN THE EGMONT GROUP

Baker McKenzie reported on 22nd April that a deputy minister made the remarks at the OSCE Regional Conference on Countering Terrorist Financing and Organized Crime in Ashgabat.

http://www.riskandcompliancehub.com/turkmenistan-applies-for-membership-in-intl-group-of-financial-intelligence-services/

fbi

https://www.hstoday.us/federal-pages/doj/fbi/infographic-fbi-update-on-how-many-law-enforcement-officers-have-been-killed-in-2019/

US OFFERING $10 MILLION FOR INFORMATION ON HEZBOLLAH FINANCIAL MECHANISM

On 23rd April, the Jerusalem Post reported that the US State Department will offer $10 million for information leading to the disruption of the global finances of Hezbollah – estimated by Forbes magazine in December 2017 as having as much income as $1.1 billion – said to be from Iranian support, money laundering, donor support and business investments.  It is offering $10 million for information on 3 of its financiers: Mohammed Bazzi, Adham Tabaja, and Ali Charara.

https://www.jpost.com/Middle-East/US-offering-10-million-for-info-on-Hezbollahs-financial-mechanisms-587629

https://www.thenational.ae/world/the-americas/us-offering-up-to-10-million-reward-for-three-hezbollah-backers-1.852474

ITALIAN OWNER OF MALTA-BASED I-GAMING COMPANY CHARGED WITH MONEY LAUNDERING

The Malta Independent on 22nd April reported that the 43 year-old Italian businessman is allegedly suspected of laundering mafia funds has been denied bail after he was arrested on a European Arrest Warrant. A court order means he cannot be named.  The man is understood to be wanted by the Italian authorities to answer to charges that he laundered cash belonging to the Mafia through his i-gaming company.

http://www.independent.com.mt/articles/2019-04-22/local-news/Italian-owner-of-Malta-based-igaming-company-charged-with-money-laundering-6736207055

ALGERIA DETAINS FORMER PRESIDENT BOUTEFLIKA-LINKED BUSINESS MAGNATES

On 22nd April, AA.com reported that authorities have detained 4 business tycoons close to recently-resigned President Abdelaziz Bouteflika – businessmen known locally as “the Coninav brothers”, along with Algerian billionaire Issad Rebrab, on corruption charges.  The 4 were reportedly detained for “allegedly misusing their influence and failing to fulfil their obligations as laid down in contracts concluded with the state”. Rebrab, owner of Algeria’s Cevital Group and reputedly Algeria’s richest man (Rebrab is currently worth some $3.8 billion), has been detained to answer allegations that he “made false statements, imported sub-standard equipment, and was exempted from paying custom fees”.  Late last month, Ali Haddad, another prominent Algerian businessman and former head of Algeria’s Business Leaders Forum, was similarly detained on corruption charges.  The move comes as the army chief announced that members of the ruling elite would soon be prosecuted for corruption.

https://www.aa.com.tr/en/africa/algeria-detains-bouteflika-linked-business-magnates/1459922

https://www.aljazeera.com/news/2019/04/algeria-5-billionaires-arrested-part-anti-corruption-drive-190422111903777.html

US ‘WILL NOT RENEW’ SANCTIONS WAIVERS FOR IRAN OIL CUSTOMERS

Energy Voice on 22nd April reported that the Trump administration will not renew waivers that let countries buy Iranian oil without facing US sanctions.  The current set of waivers — for China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey — expire on May 2nd.  It is expected that other suppliers, including Saudi Arabia and UAE, will offset the loss of Iranian crude on the market.  Meanwhile, the Business Standard reports a Bloomberg story that the move threatens to squeeze supplies further in a market that is already facing supply disruptions from Venezuela to Libya and Nigeria.

https://www.energyvoice.com/oilandgas/197572/us-will-not-renew-sanctions-waivers-for-iran-oil-customers-brent-climbs/

https://www.business-standard.com/article/international/how-us-ending-iran-sanctions-waiver-could-affect-oil-markets-and-more-119042200274_1.html

https://www.afr.com/news/world/middle-east/us-plans-to-eliminate-sanctions-waivers-on-iranian-oil-20190422-p51g7n