@JamesFourM @MsMariaT @ThomasS4217 @911CORLEBRA777 @SaysDana Trump - Martinelli - Odebrecht timeline involving bribery, money-laundering proceeds of international crime, corrupt politicians and their families
I'll start with Edmond Safra's death because the bank bearing his name is involved. Safra death in Monaco - thread - read back from here. Placekeeper - Robert Maxwell
https://twitter.com/mopeng/status/987467434348036096
Edmond J. Safra Died 3 December 1999). A Lebanese Brazilian Jewish banker who continued the family tradition of banking in Syria, Lebanon, Brazil and Switzerland. Married to Lily Watkins from 1976 until his death. Died in a fire that was judicially determined to be due to arson.
Jump to 2005 - The building Initially named Trump Ocean Club International Hotel and Tower was developed by Roger Khafif, President of the K Group, a Panama resort developer, and three Colombian partners by Newland International Properties Corp.
Khafif first conceptualized the project in 2005, and arranged a meeting with Donald Trump via former Bloomingdale's head, Marvin Traub. A contract was signed initiating the project in New York City in 2006. Ivanka Trump was given a lead role in developing the project.
Ivanka Trump flew to Panama in 2006 to push the Trump Ocean Club International Hotel and Tower. A Brazilian real estate salesman named Alexandre Ventura Nogueira was ready with a sales pitch.
Nogueira did business with a Colombian who was later convicted of money laundering and is now in detention in the U.S.; a Russian investor in the Trump project who was jailed in Israel in the 1990s for kidnap and threats to kill;
and a Ukrainian investor who was arrested for alleged people-smuggling while working with Nogueira and later convicted by a Kiev court.
In spring 2007, a succession of foreigners, many from Russia, arrived at Panama City airport to be greeted by a chauffeur in a white Cadillac
In spring 2007, a succession of foreigners, many from Russia, arrived at Panama City airport to be greeted by a chauffeur in a white Cadillac
An ongoing Swiss-Panamanian investigation into corruption and money laundering conducted by embattled Brazilian construction firm Odebrecht has revealed that three bank accounts were held in two Panamanian banks to bribe officials.
The investigation determined that Odebrecht used the three accounts, opened in Credicorp and Multibank (named Multicredit Banco until 2008), in the name of the firm Constructora Internacional del Sur to transfer at least US$59mn in bribes from 2007-2010.
2010 - Odebrecht to Build Panama City’s First Subway Line
"Having submitted the best technical and economic bid, Odebrecht Latin America and Angola will build the first subway line in Panama City, capital of Panama,
"Having submitted the best technical and economic bid, Odebrecht Latin America and Angola will build the first subway line in Panama City, capital of Panama,
in consortium with the Spanish company Fomento de Construcciones y Contratas (FCC)."
odebrecht.com/en/odebrecht-b…
odebrecht.com/en/odebrecht-b…
Got the timeline a bit out of whack. In 2009 - Ricardo Alberto Martinelli Berrocal became the 36th President of Panama.
Three years after getting involved in the Trump Ocean Club, Nogueira was arrested by Panamanian authorities on charges of fraud and forgery, unrelated to the Trump project. Released on $1.4 million bail, he later fled the country.
On July 6, 2011, Trump celebrated the opening of his first international real-estate deal, the Ocean Club in Panama City, Panama.
Trump arranged financing for the project from the investment bank Bear Stearns - a $230 million bond offering, for which he received a $2.2 million commission.
Martinelli's policies contributed to credit upgrades but also increases in foreign direct investment. During his tenure, it rose from $1,259.3 billion (2009) to $4,651.3 billion (2013)
“Federal prosecutors in Sao Paulo have been investigating Alexandre Henrique Ventura Nogueira since 2013 for financial crimes and money laundering,” the prosecutors’ office said in a written statement."
"The inquiry slowed after Nogueira fled Brazil in October 2014, but the statement added: “The case remains open, Brazilian authorities are aware of the target’s suspicious activities in other countries, and we hope that will help to locate his whereabouts.”
The Brazilian federal investigation began in 2013 after the Finance Ministry’s financial crimes unit noticed several transfers of more than 1 million reais ($305,500) from accounts in Panama with HSBC and Citibank registered under the name Alexander Ukstin to
Nogueira’s Brazilian accounts at the state-run Banco do Brasil, Citibank and Santander.
reuters.com/article/usa-tr…
reuters.com/article/usa-tr…
On Dec. 21, 2016, Odebrecht pleaded guilty in the Eastern District of New York to a criminal information charging it with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act (FCPA) for its involvement in the bribery and money laundering scheme.
The two individual defendants are alleged to have participated in the scheme by, among other things, serving as intermediaries for approximately $28 million in bribe payments made by and at the direction of Odebrecht to a then high-ranking government official in Panama
(Panama Government Official), who was a close relative of the defendants. Luis Martinelli Linares and Ricardo Martinelli Linares were each charged with one count of conspiracy to commit money laundering.
justice.gov/opa/pr/two-def…
justice.gov/opa/pr/two-def…
In early January 2017, Odebrecht agreed to pay Panama US$59mn to compensate for the bribes to public officials meant to secure public works contracts.
On June 12, 2017, Martinelli was arrested at Coral Gables in south Florida after a provisional arrest warrant issued by the U.S. Justice Department in response to a request from Panama and was set to appear on Federal Court.
Going back to the Trump Panama project and the timeline, Trump Org managed the hotel under contract until March 2018, when Cypriot businessman Orestes Fintiklis, who had bought a majority stake in the hotel condominium association, legally ousted them and removed the Trump name
from the building in 2015 and from the hotel March 5, 2018. The hotel was renamed The Bahia Grand Panama.
In June 2019 Fintiklis accused Trump companies of tax evasion.
In June 2019 Fintiklis accused Trump companies of tax evasion.
This is where the Safra name rejoins. In 2019, Swiss prosecutors opened proceedings into J. Safra Sarasin in connection with the 'Operation Car Wash' corruption investigation into Brazilian oil giant Petrobras and construction company Odebrecht.
The prosecutors alleged that flaws within the Swiss private bank's compliance and internal organization resulted in it failing to prevent cases of bribery of foreign officials and aggravated money laundering.
Earlier thread - read back from here.
https://twitter.com/mopeng/status/1196022751338741761
On July 6 2020, Luis Martinelli Linares and Ricardo Martinelli Linares were arrested at el Aeropuerto Internacional la Aurora in Guatemala pursuant to a provisional arrest request from the United States.
Feel free to add relevant findings to timeline.
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