Monday, August 25, 2014

Jewish Investors back brutal Mugabe Regime in exchange for rights to exploit Zimbabwe/African minerals/metals rights

Zimbabwe's dictator Robert Mugabe unleashed a storm of brutal, genocidal violence after losing the 2008 elections -- and now we know that it was funded by western hedge-funds and banks, led by Och-Ziff Capital Management, the largest publicly traded fund, with assistance from Blackrock, GLG Partners, and Credit Suisse, who raised $100M for Mugabe's weapons and torture-chambers in exchange for a sweetheart deal on the country's platinum mines. Daniel Och's Och-Ziff manages $45.7B, including funds from the California Public Employees' Retirement System. Och's protege, Michael Cohen, led the charge to fund Mugabe's pogrom; while an Israeli diamond trader called Dan Gertler helped broker a joint deal with OCH to invest in mining in the Democratic Republic of Congo, another nation whose state is complicit in horrific terror-campaigns that include child soldiery and rape camps.

 http://boingboing.net/2014/08/24/hedge-funds-gave-mugabe-100m.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29


as he worked with Washington to financially isolate Mugabe, a Wall Street consortium provided the $100 million for the dictator’s government. These millions secured the rights to mine platinum, among the most valuable of minerals, from central Zimbabwe. Several firms were involved in the investment, including BlackRock (BLK), GLG Partners, and Credit Suisse (CS). The most vital player was Och-Ziff Capital Management (OZM), the largest publicly traded hedge fund on Wall Street. An Och-Ziff spokesman declined to comment for this article. Now some of its African investments are at the center of an investigation by the U.S. Department of Justice and the Securities and Exchange Commission.


Och-Ziff, founded by Daniel Och in 1994, is a hedge fund titan, with an estimated $45.7 billion in assets under management. 


he Central African Mining & Exploration Co., or Camec, was listed on the AIM exchange and wasn’t afraid of doing business in chaotic places. It attracted attention in the British press because its chairman was a retired English cricket star. But by February 2008, an Israeli diamond trader named Dan Gertler had negotiated the largest individual ownership stake in the company—almost 40 percent, to be held in family trusts.

A panel headed by former UN Secretary General Kofi Annan last year said the DRC, among the world’s poorest countries, lost about $1.4 billion when its government underpriced assets sold to Gertler. The businessman has denied any wrongdoing, and a London-based spokesman declined to comment for this article.

http://www.businessweek.com/articles/2014-08-21/mugabes-bailout-och-ziff-investment-linked-to-zimbabwe-despot#p2


 Dan Gertler

while an Israeli diamond trader called Dan Gertler helped broker a joint deal with OCH to invest in mining in the Democratic Republic of Congo, another nation whose state is complicit in horrific terror-campaigns that include child soldiery and rape camps.  

Gertler Earns Billions as Mine Deals Fail to Enrich Congo

Gertler, whose grandfather co-founded Israel’s diamond exchange in 1947, arrived in Congo in 1997 seeking rough diamonds.


“Dan Gertler is essentially looting Congo at the expense of its people,” says Jean Pierre Muteba, the head of a group of nongovernmental organizations that monitor the mining sector in Katanga province, where most of Congo’s copper is located.
“He has political connections, so state companies sell him mines for low prices and he sells them on for huge profits. That’s how he’s become a billionaire.”

 http://www.bloomberg.com/news/2012-12-05/gertler-earns-billions-as-mine-deals-leave-congo-poorest.html


 Gertler’s Bling Bang Torah Gang

Israel and the Ongoing Holocaust in Congo (Part 1)

For Israeli-American Dan Gertler, business in blood drenched Congo is not merely business, it is a quest for the Holy Grail. Young Dan Gertler goes nowhere—does nothing—without the spiritual guidance of Brooklyn-born Rabbi Chaim Yaakov Leibovitch, a personal friend of Condoleeza Rice.



Back in 2000, former Congolese president Laurent Kabila offered a monopoly on Congolese diamonds, and 88% of the proceeds, to Gertler’s International Diamond Industries (IDI) in exchange for Israeli military assistance to his new government.Nicole Gaouette, “Inside Israel’s diamond trade: a family affair,” Christian Science Monitor, 21 February 2002. Top Congolese military officials apparently flew to Israel in 2000 to negotiate the deal. Gertler pledged military assistance to President Laurent Kabila through top Israeli officials.Yitzhak Danon, “Top Israelis accused of illegal diamond deals: Israel: Lawsuit claims corruption in Congo diamonds for arms deal,” Globes (Israel), 18 February 2004. See also: “Column One: What Lieberman Wants,” Jerusalem Post, October 20, 2006.

Israeli operatives and “businessmen” appear everywhere there is egregious suffering and dispossession. Dan Gertler’s forays into the bloody world of diamonds involve Israeli arms dealers Yair Klein, who is reportedly wanted by the U.S. for training Medellin drug-cartel militias in Colombia, and Dov Katz.Ron Ben-Yishai and Molly Camprier-Kritz, “The Murder Request Went to the Wrong Address,” Yediot Aharonot weekend supplement on 19 September 1999. Klein was convicted by Israel (1991) for his involvement with groups that targeted and assassinated Colombian politicians, journalists, and police. Jailed in Sierra Leone in 1999, Klein was a field representative for Gertler in war-torn Sierra Leone and Liberia. Gertler also mingles with the Russian Military Brotherhood, a group of “retired Russian generals whom Gertler describes as good friends.”Nicole Gaouette, “Inside Israel’s diamond trade: a family affair,” Christian Science Monitor, 21 February 2002.,For a discussion of the veracity of these facts and more on the “Russian Military Brotherhood” see: Central Africa Minerals and Arms Research Bulletin, Edition 2, International Peace Information Service, June 18, 2001.

 http://dissidentvoice.org/2008/02/gertlers-bling-bang-torah-gang/


Daniel Och  
 Daniel Och's Och-Ziff manages $45.7B, Och's protege, Michael Cohen, led the charge to fund Mugabe's pogrom.

 Daniel Och is the founder of the Och-Ziff Capital Management Group ("Och‑Ziff"). Mr. Och serves as Och-Ziff's Chief Executive Officer and Chairman of the Board of Directors of Och-Ziff Capital Management Group LLC ("OZM") and the Partner Management Committee. Prior to founding Och‑Ziff in 1994, Mr. Och spent eleven years at Goldman, Sachs & Co.
 He is a member of the Board of the American Jewish Committee, a member of the Board of the Robin Hood Foundation, a member of the Board of Lincoln Center for the Performing Arts, a Trustee of the University of Pennsylvania and a Trustee of New York-Presbyterian Hospital. Mr. Och served as the Chair of the Board of Directors of the Birthright Israel Foundation from 2008–2013.
 http://www.birthrightisrael.us/gala/dan_och.php

 Michael Cohen

 But now Michael Cohen, a former director of Och-Ziff Management Europe Ltd, ex-member of the City's Hedge Fund Standards Board and one of Britain's richest men, could be drawn into a US corruption investigation into controversial investments the company made in Africa which could cost Och-Ziff tens of millions of dollars if any wrongdoing is found to have occurred.

Mr Cohen's London office was also behind a brace of loans to Dan Gertler, a controversial Israeli mining billionaire, for oil and mining projects in the Democratic Republic of Congo. 

http://www.independent.co.uk/news/business/analysis-and-features/the-london-connection-former-uk-boss-of-wall-street-hedge-fund-could-be-drawn-into-corruption-investigation-9547612.html


with assistance from Blackrock,

  1. BlackRock
    Investment management company
  2. BlackRock, Inc. is a U.S.-headquartered multinational investment management corporation based in New York City. Wikipedia
  3. CEO: Laurence D. Fink
  4. Stock price: BLK (NYSE) $326.00 -0.29 (-0.09%)
    Aug 22, 4:01 PM EDT - Disclaimer
  5. Headquarters: New York City, NY
  6. Founded: 1988
  7. Founders: Laurence D. Fink, Robert Kapito
Laurence D. Fink

Born in 1952, Laurence D. Fink grew up in a Jewish family. He attended the University of California, Los Angeles (UCLA) where he completed his Political Science degree in 1974. He then attended UCLA Anderson School of Management where he finished his MBA in 1976.

http://www.therichest.com/celebnetworth/celebrity-business/men/laurence-d-fink-net-worth/

 Robert S. Kapito

Born into a Jewish family,[1][2] Kapito earned an MBA from Harvard Business School in Cambridge, Massachusetts (HBS) in 1983 after completing a BS degree in Economics from the Wharton School of the University of Pennsylvania. Kapito met his wife Ellen when she was a student at the University of Pennsylvania School of Nursing.

http://en.wikipedia.org/wiki/Robert_S._Kapito

 

No comments:

Post a Comment