DOJ says hedge fund Sculptor Capital Management, formerly known as Och-Ziff, should pay $150 Million to the victim investors in Och Ziff's bribery scheme.
The victim investors are former equity holders of Africo Resources, a Canadian mining company.
wsj.com/articles/hedge…
The victim investors are former equity holders of Africo Resources, a Canadian mining company.
wsj.com/articles/hedge…
Africo Resources held the rights to an undeveloped mine in the DRC that was part of a previous settlement that prosecutors struck with Och Ziff back in 2016.
Africo had lost control of the mine because infamous crook Dan Gertler massively bribed DRC officials using Och Ziff investment funds.
In case you've never heard of Dan Gertler, this was one of the first things Trump did in office:
home.treasury.gov/news/press-rel…
In case you've never heard of Dan Gertler, this was one of the first things Trump did in office:
home.treasury.gov/news/press-rel…
