29 dez sargeant marine vitol
7 December 2015 17:06 GMT Updated 8 December 2015 8:31 GMT The plea agreement by Sargeant Marine Inc. is part of a broader crackdown on corrupt dealings in South America’s commodities markets. Sargeant Marine, an asphalt company, plead guilty to one count of conspiracy to violate the anti-bribery provisions of the FCPA and agreed to pay a fine of $16.6 million for bribery schemes in Brazil, Venezuela and Ecuador. The Justice Department announced a guilty plea to FCPA charges by Sargeant Marine, Inc., a privately-owned company, based in Boca Raton, Florida. On completion, VALT will be 100% owned by Vitol and will be integrated into Vitol’s core trading business. Sargeant Marine, Inc. provides asphalt transportation and storage solutions. The Vitol Group and Sargeant Marine , the world's largest asphalt trading, storage and transportation business, today announced the launch of their new asphalt trading venture VALT. It builds on the strengths of both partners; Vitol’s global asphalt footprint includes production and … In the case involving Boca Raton, Florida-based Sargeant Marine, employees engaged in the bribery plot between 2010 and 2018, prosecutor Derek Ettinger said. Sargeant Marine Inc., Boca Raton. Sargeant pleaded guilty Tuesday before a federal judge in Brooklyn to conspiring to violate the Foreign Corrupt Practices Act and was sentenced to pay a criminal fine of $16.6 million. Trader and shipowner Vitol is shaking up its tanker operations by taking full control of a joint asphalt shipping venture set up with Sargeant Marine of the US. The plea agreement by Sargeant Marine Inc. is part of a broader, ongoing crackdown on corrupt dealings in South America's commodities markets. The Vitol Group (“Vitol”) and Sargeant Marine (“Sargeant”), the world’s largest asphalt trading, storage and transportation business, today announced the launch of their new asphalt trading venture VALT. Sargeant Marine Seward & Kissel. Alex Spiro, an attorney for Aguilar, denied the allegations. Vitol, which is not named in the indictment, purchased half of Sargeant Marine in 2015. It will continue to expand its customer service, leveraging the logistical […] (ROTTERDAM, Netherlands) — The Vitol Group and Sargeant Marine, the world’s largest asphalt trading, storage and transportation business, have announced that Vitol will be acquiring a 50 percent interest in Sargeant Marine for an undisclosed sum. Vitol, who is not named in the indictment, bought half of Sargeant Marine in 2015. Federal prosecutors in Brooklyn said Sargeant Marine and … Vitol acquired a 50% stake in Sargeant Marine in 2015 for an undisclosed amount. sargeant marine, inc., deerfield beach Valt is a joint venture between Vitol and Sargeant Marine. Vitol acquired a 50% stake in Sargeant Marine in 2015 for an undisclosed amount. The company was founded by Harry Sargeant, Jr. in 1984 and is headquartered in Boca Raton, FL. Sargeant Marine Bitumen SRL, deţinută de Valt BV, desfăşoară, în România, activităţi legate de comercializarea bitumului. “Vitol is aware of charges being brought against an individual relating to business with PetroEcuador and is cooperating with the relevant authorities,” the company said in a statement. Valt is a leader in trading, storage and marine transportation of asphalt products around the world. Vitol Group: Vitol Group is an energy and commodities company whose business is located worldwide, and comprises the refining, storing, distribution of and trade in mineral oils, mineral oil products and biofuels. Dutch commodities trading firm Vitol has agreed to acquire a further 50% of VALT, the bitumen (asphalt) joint-venture it established in 2016 with Sargeant Marine, a Netherlands-based asphalt trading, storage and transportation business. Brooklyn federal prosecutors said Sargeant Marine and its affiliates paid bribes between 2010 and 2018 for contracts with state-owned oil companies in the three South American … Vitol, which acquired a 50% stake in Sargeant Marine in 2015 for an undisclosed amount, did not immediately respond to an email seeking comment. Alex Spiro, an attorney for Aguilar, denied the allegations. The Vitol Group, founded in Rotterdam in 1966, is the world’s largest independent energy trader. Vitol acquired a 50% stake in Sargeant Marine in 2015 for an undisclosed amount. Vitol, on transaction completion, will own 100 percent of VALT, the bitumen joint venture it established with Sargeant Marine in 2016, according to the press release. Sargeant Marine is a global trading operation, which distributes in Rotterdam, Netherlands and Constantza, Romania. The police haul from Candido Vaccarezza's house also included a selection of luxury timepieces The potential for bribery and price manipulation in the proposed Vitol deal was thus extremely high. Consiliul Concurenţei analizează tranzacţia prin care Vitol Bitumen Investments BV din Olanda preia companiile Valt BV, Olanda, şi Sargeant Marine Bitumen SRL, informează autoritatea de concurenţă printr-un comunicat. They bribed Brazilian officials, as well as officials of Petroleos de Venezuela SA , and paid off a senior official of … Vitol and Sargeant Marine to form a global leader in asphalt logistics and trading The Vitol Group (“Vitol”) and Sargeant Marine (“Sargeant”), the world’s largest asphalt trading, storage and transportation business, today announced that Vitol will be acquiring a 50 percent interest in Sargeant Marine for an undisclosed sum. was pleased to represent Sargeant Marinein this middle -market M&A transaction. Follow Goodman on … The Vitol Group and Sargeant Marine, an asphalt trading, storage and transportation business, announced that Vitol will acquire a 50 percent interest in Sargeant Marine for an undisclosed sum. In March, Vitol agreed to acquire a further 50% of VALT, the bitumen joint venture it established with Sargeant Marine in 2016. The Vitol Group (“Vitol”) and Sargeant Marine (“Sargeant”), the world’s largest asphalt trading, storage and transportation business, today announced the launch of their new asphalt trading venture VALT. This suggests the Sargeant Marine deal was a blueprint for the scheme involving Vitol. Vitol started a bitumen joint venture with Boca Raton, Florida-based Sargeant Marine in 2015 and bought it out in 2019. Sargeant Marine, Inc. Sargeant Marine is active in global trading, storage and marine transportation of asphalt (bitumen) products. Seward & Kissel LLP Valt BV este activă în domeniul Vitol, which is not named in the indictment, purchased half of Sargeant Marine in 2015. Valt is a leader in trading, storage and marine transportation of asphalt products around the world. Vitol and Korea Midland Power Co Ltd announced in February the signing of a memorandum of understanding to explore upstream, midstream and downstream project opportunities in liquefied natural gas. Vitol, which acquired a 50% stake in Sargeant Marine in 2015 for an undisclosed amount, did not immediately respond to an email seeking comment. Compania Valt BV este deţinută, în prezent, de Vitol Bitumen Investments BV şi Sargeant Marine Cooperatief UA, Olanda. It distributes and trades bitumen and asphalt products. Vitol and the joint venture weren’t cited in the Sargeant Marine case, and there’s no indication that the two cases are related. Vitol started a bitumen joint venture with Boca Raton, Florida-based Sargeant Marine in 2015 and bought it out in 2019. Photo: Cathy Wilson/ALM A major U.S. asphalt company agreed to pay $16.6 million in fines while pleading guilty to … Federal prosecutors in Brooklyn said Sargeant Marine and its affiliates paid bribes between 2010 and 2018 for contracts with state-run oil companies in the three South American countries, all of which were run by leftist governments at the time. The Vitol Group (“Vitol”) and Sargeant Marine (“Sargeant”), the world’s largest asphalt trading, storage and transportation business, announced that Vitol will be acquiring a 50 percent interest in Sargeant Marine for an undisclosed sum. Vitol buys stake in Sargeant Marine The Swiss trader aims to leverage the second largest fleet of asphalt carriers with deal. The plea agreement by Sargeant Marine Inc. is part of a broader, ongoing crackdown on corrupt dealings in South America’s commodities markets. 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