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Bill Duker's shell Algamex financing PDVSA legal battle
Remember that beautiful sailing boat owned by Bill Duker? It's called Sybaris.
Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using INFODIO's former editor's full name, and a fake email address (alek.boyd.arregui at gmail.com) to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.
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DOJ to expose Glencore corruption in Venezuela
The U.S. Department of Justice’s has subpoenaed Glencore, requesting transaction records in Venezuela since 2007. Glencore operations in Venezuela should really start with a “Who is Roberto Wellisch?” In his native Argentina, what Wellisch does for a living is called coimas-gate, a Glencore specialty.
Sources: Boies, Duker, Brennan to share 66% of PDVSA Litigation Trust proceeds
David Boies not only acts as PDVSA US Litigation Trust counsel. According to three people familiar with the case, aside from legal fees, Boies is to get 22% of the 66% gifted by PDVSA.
Dentons renegotiating PDVSA claim with Boies & Duker
Less known, still, is the fact that OFAC-designated kingpin Tareck el Aissami has been giving instructions to David Syed, a Denton's lawyer from London who keeps visiting Caracas, to renegotiate with Boies and Duker a substantial increase in recovery proceeds.
Venezuela's Maduro shuts David Boies' PDVSA Litigation Trust case
David Boies, über lawyer, has been caught "cagando y sin papel". Worse still, his Florida action is being shut down by Venezuela's dictator Nicolas Maduro.
Who is David Boies?
David Boies legal career has been referred, almost unanimously, as that of a very successful professional, a superstar lawyer with an exceptional attention to detail who has gotten a choice of cases that have catapulted him, and his firm, to the very top
Why is DoJ not taking over PDVSA US Litigation Trust's case?
The Department of Justice should activate established cooperation channels with the Swiss, and make sure that evidence of rampant corruption related to this case cements other ongoing probes. DoJ should exploit the opportunity presented by Boies' decision to get in bed with the likes of Wilmer Ruperti. It is a gift. The actionable intelligence that could be gotten, put to good use, can help remediate one of the hemisphere's worst humanitarian and political crises.
[UPDATED] PDVSA US Litigation Trust: More on ALGAMEX, David L. Evans, Carlos Spinelli Noseda, Bill Duker & David Boies
Long live PACER! Now we know who will speak on behalf of ALGAMEX, the non-descript shell that is meant to be funding the litigation "launched" by PDVSA against some of the world's largest trading companies: David L. Evans.