On 19th July, an article from OCCRP said that a Romanian-Australian businessman with a history of fraud, corruption, and misleading investors appears to have received at least $650 million from a West African oil and gas deal carried out with the help of well-positioned relatives of 2 consecutive Senegalese presidents.  The deal involved Vasile Frank Timis, 55, who went from being twice-convicted for possessing heroin with intent to distribute to earning a fortune in mining and petrochemical exploration deals — many in poorly governed and impoverished countries.  OCCRP claims to have documents that reveal serious irregularities, and potential illegal conduct, related to deals.

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at


Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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