Your goal is to destroy the entire target car by cashing into them. You can repair your car by taking the health from the road.
Internal emails showed former Rio Tinto executive Alan Davies (pictured) explaining to then Chief Executive Officer Tom Albanese that de Combret had provided “very unique” services and had a “closeness to the president” that helped Rio to retain licenses. (Image from archives)
(Bloomberg) — U.K. investigators raided the London home of a former investment banker to look for evidence connected with a bribery investigation into mining giant Rio Tinto Group, according to two people with knowledge of the matter.
The Serious Fraud Office led the raid on Francois de Combret’s home late last year, said the people, who asked not to be named because the details of the probe aren’t public. De Combret, a French national, is a suspect in the agency’s investigation into whether Rio Tinto paid bribes to help secure its Simandou iron-ore deposit in Guinea, the people said.
In 2011, de Combret, an old university friend of Guinean President Alpha Conde, helped Rio Tinto negotiate with the government when it risked losing rights to the multi-billion dollar Simandou iron-ore project. Rio Tinto said it made payments totaling $10.5 million to the former banker for the work.
De Combret, 76, declined to comment when contacted by Bloomberg News. Officials at the SFO and Rio Tinto also declined to comment.
The SFO said last year that it was investigating Rio Tinto, its employees and third parties. That move came after the mining company alerted authorities, including the SFO and the U.S. Justice Department, in 2016 about the payment to de Combret after internal emails were published on the internet.
The emails, seen by Bloomberg, showed Rio Tinto executive Alan Davies explaining to then Chief Executive Officer Tom Albanese that de Combret had provided “very unique” services and had a “closeness to the president” that helped Rio to retain licenses.
Rio later fired two senior executives, including Davies, saying they’d failed to maintain standards of the company’s code of conduct.
De Combret, who spent two decades at Lazard Ltd., has deep ties in the French business and banking communities dating back to his days as an adviser to former President Valery Giscard d’Estaing in the 1970s.
After leaving Lazard in 2005, he worked at UBS Group AG and has been on the boards of companies including Nexans SA. He worked on transactions including the creation of European Aeronautic Defence & Space Co., or EADS, in 2000 and the initial public offerings of carmaker Renault SA and France Telecom SA.
Simandou was once one of the world’s most prized mineral assets. It has been at the center of a power struggle for almost a decade, having attracted some of the biggest mining companies, Israeli billionaire Beny Steinmetz and powerful advisers including George Soros and former U.K. Prime Minister Tony Blair. It also spawned legal challenges and a U.S. grand jury probe into potentially corrupt payments to Guinean officials.
Rio Tinto exited the Simandou project in late 2016, selling its stake in the asset to partner Aluminum Corp. of China, or Chinalco.
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Creation of the favorable environment for attracting investments and enhancing the investment attractiveness of the oblast is the priority in development of Minsk oblast.
The oblast is among the most economically developed oblasts of Belarus. Its socio-economic development is determined by the investment activities of organizations and enterprises engaged in economic activities on its territory. Minsk oblast occupies the second place in the share (16%) of the national investments in fixed assets after Minsk.
Each year we have a steady increase in both the volume of foreign investments, and the number of foreign investors, it evidences that the oblast becomes more attractive to foreign investors.
Foreign investments come from 39 countries around the world, the largest ones – from Cyprus, Latvia, Russia, Iran, the United Kingdom and Switzerland.
The main volume of foreign investments is directed to development of mechanical engineering and metal-processing, forestry, wood-processing and pulp and paper industry, food industry, as well as transport and construction industry.
The investment policy of the oblast in the near future will be aimed at further improvement of the investment climate; foreign investments will be attracted mainly for development of existing and creation of new industries, including small and medium-size towns in Minsk oblast.
Guidelines (requirements) for design and contents of investment offers to potential investors and investment agents
Guidelines (requirements) for design and contents of investment offers to potential investors and investment agents (hereinafter - the Guidelines) are aimed at intensifying the activity to implement the agreements reached by the Head of the State, the Prime Minister of the Republic of Belarus, other senior officials of the Republic of Belarus in the investment area.
With this aim, leaders of enterprises governed by republican government authorities, government organizations, governed by the Council of Ministers, oblast executive committees and Minsk City Executive Committee (hereinafter - the governmental bodies), agencies, with the shares (in statutory funds) are transferred to the control of the governmental bodies, as well as organizations without departmental affiliation to work with investors and investment agents (hereinafter - the investors) in the following general way:
1. To fill in the CEI form (Central European Initiative) (Annex 1) in English and in (or) other languages and send the form data to the interested investors with indication of the desired response time.
2. In the absence of response from the investors to submit an application to the diplomatic representation of Belarus in the country of the investor and (or) an investment agent, asking for assistance in establishing contact with the investors, with the application previously filled out and sent to the investors CEI in foreign and Russian language (Annex 2).
3. Given the individual approaches of different investors, if necessary after receiving a response from the investors to submit in due course additional information to the partners in the negotiation process, on their proposed form.
Under the Decree of the President of the Republic of Belarus "On creation of additional conditions for investment activity in the Republic of Belarus", August, 6 2009 № 10 and the Regulation on the procedure of conclusion (end) of investment agreements with the Republic of Belarus, approved by the Order of the Council of Ministers, November, 6 2009 № 1448 "On measures to implement the Decree of the President of the Republic of Belarus, August, 6 2009 № 10", Minsk Oblast Executive Committee receives offers from legal entities, individual entrepreneurs and individuals to conclude investment projects, with the following list:
1. a declaration about conclusion of an investment agreement (indicating general information about the business and the investment project: influence on the oblast economy, type and volume of the investment, terms of putting of the facilities into operation, creation of new jobs etc.) – in printing and in digital;
2. a draft of the investment agreement (in 3 copies), prepared according to the annex to the Regulations on the procedure of conclusion (end) of investment agreements with the Republic of Belarus, approved by the Order of the Council of Ministers, November, 6 2009 № 1448, and signed by the investor;
3. a copy of state registration (for legal entities and individual entrepreneurs – residents of the Republic of Belarus);
legalized extract from the trade register of the investor`s country's (dated no later than 1 year before the apply) or other equivalent prove of the legal status of the investor according to the law of the investor`s country (for legal entities – non-residents of the Republic of Belarus);
a copy of the ID, with translation into the Russian language and a document, notary certifying the signature of the translator (for individuals –non-residents of the Republic of Belarus);
a profit and loss report according to Annex 2 to the Order of the Ministry of Finance of the Republic of Belarus, February, 14 2008 № 19 (for excisting businesses);
a letter of guarantee from the bank or other business about finance supply of the investment project (for newly found businesses).
Under the Regulations on the procedure for providing the authority for individuals and legal entities to present the interests of the Republic of Belarus to attract foreign investment in the Republic of Belarus, approved by the Order of the Council of Ministers, November, 6 2009 № 1448, Minsk Oblast Executive Committee receives document from the businesses pretending for getting the authorities of an investment agent:
3. an agreement draft about presenting the interests of the Republic of Belarus to attract foreign investment in the Republic of Belarus (in 3 copies), prepared according to the annex to the Regulations on the procedure for providing the authority for individuals and legal entities to present the interests of the Republic of Belarus to attract foreign investment in the Republic of Belarus, approved by the Order of the Council of Ministers, November, 6 2009 № 1448, and including:
information about the applicant, his business activity and experience in implementation of investment projects on the territory of the Republic of Belarus and/or abroad; offers to present the interests of the Republic of Belarus to attract foreign investment in Minsk Oblast.
The list of investment offers for the establishment of innovation productionhe list of investment offers for the establishment of innovation production
The investment offer for the production of quick-cooking macaroni products manufacture in Volozhinskiy district