WORLD BANK ANNOUNCED THE DEBARMENT OF INDONESIAN, CHINESE AND SPANISH COMPANIES

On 18th September, a post on the FCPA Blog announced that 3 companies had been barred from bidding for World Bank contracts in unrelated cases – PT Suburo Jayana Indah Corporation (Sujainco) of Indonesia was debarred for 2 years for “fraud and collusion”; Chinese state-owned construction company China Railway First Group Co. Ltd (CRFG) was debarred for 2 years because of “fraudulent practices” related to the Dasu Hydropower Stage I Project in Pakistan; and Spanish company Aqualia Intech S.A. (AISA) has been barred for 2 years for a “fraudulent practice” in the design and construction of hydraulic infrastructure in Colombia.

https://www.fcpablog.com/blog/2019/9/18/world-bank-announces-three-new-debarments.html

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SOUTH AFRICA: DOWN THE GUPTAS’ FINANCIAL RABBIT HOLE – WHERE THE MONEY WENT

An article from OCCRP on 18th September set out to report what happened to money allegedly acquired by the Guptas after it was safely out of the reach of the state.  It claims links to, and use of, an investment firm called Trillian based in Johannesburg, with investigators having exclusively obtained a Trillian server containing more than 3 million documents.

https://www.occrp.org/en/investigations/down-the-guptas-financial-rabbit-hole

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CZECH WEAPONS END UP IN AZERBAIJAN DESPITE EMBARGO

OCCRP on 18th September reported that, violating an international arms embargo, companies in the Czech Republic and Slovakia – also known as the Czechoslovak Group – have knowingly supplied Azerbaijan with weapons, claims a report.  While the UN lifted its embargo, the OSCE, of which the Czech Republic is a member, has kept it because the territorial conflict in Nagorno-Karabakh never ended.

https://www.occrp.org/en/27-ccwatch/cc-watch-briefs/10703-czech-weapons-end-up-in-azerbaijan-despite-embargo

https://www.investigace.cz/

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LONDON METAL EXCHANGE TO DELAY BAN ON TAINTED METAL UNTIL 2025

Reuters claimed an exclusive on 18th September, reporting that the LME will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers 3 more years to comply with guidelines.  The article notes the legal situation in the US and EU.  In the US, the Dodd-Frank Act requires companies operating in conflict areas such as DRC to conduct due diligence to establish minerals are conflict-free – the minerals involved are tin, tantalum, tungsten and gold.  The EU in May 2017 passed a Regulation to stop mine workers being abused and conflict minerals being exported to the EU and this will become effective on January 1st 2021.

https://www.reuters.com/article/us-lme-metals-sourcing-exclusive/exclusive-london-metal-exchange-to-delay-ban-on-tainted-metal-until-2025-sources-idUSKBN1W31V2

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UGANDAN GOLD MINERS EXPORTED 8 TONNES BUT DECLARED ONLY 16 KG

In its 19th September edition, The Observer in Uganda reported that gold miners in Uganda officially declared only 16.3 kg despite exporting at least 8,691 kg declared, civil society organisations, the Anti-Corruption Coalition (ACCU) and Transparency International Uganda (TIU) have said.  It appears that miners declare less than 3% of gold extracted every year.

https://www.observer.ug/news/headlines/62039-ugandan-gold-miners-exported-8-000kgs-but-declared-only-16kgs

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HM TREASURY PUBLISHED CORRECTION TO A LISTING UNDER THE UKRAINE (SOVEREIGNTY AND TERRITORIAL INTEGRITY) REGIME

On 18th September, OFSI published a Notice advising of corrections to the entries for Oleg Tsariov and the FEDERAL STATE BUDGETARY ENTERPRISE ‘SANATORIUM NIZHNYAYA OREANDA’ OF THE ADMINISTRATION OF THE PRESIDENT OF THE RUSSIAN FEDERATION.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/832418/Notice_180919_Ukraine__Sov__2019_1403.pdf

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UK GAMBLING COMMISSION: RESPONSIBILITY FOR COMPLIANCE SITS WITH THE LICENCE-HOLDER AND CANNOT BE TRANSFERRED TO ANY THIRD-PARTY

On 17th September, an article from Olswang says that the Gambling Commission has issued a reminder to remote gambling operators that responsibility remains with licence-holders even when the licensee is operating a white label website for a third-party.  This follows the case of FSB Technology (UK) Limited and the voluntary suspension of the white label Blackbet website.

https://www.cms-lawnow.com/ealerts/2019/09/gambling-commission-reminder-the-responsibility-for-compliance-sits-with-the-licence-holder

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