New #FinCENFiles: When JPMorgan was asked to facilitate a $1.1 billion oil deal, the bank's own staff warned of a risk of “corruption.”

The bank sent the money anyway.
buzzfeednews.com/article/tomwar…
The deal, involving drilling rights off Nigeria's coast, should have been a windfall for the country's taxpayers. But a corrupt regime had previously sold those rights — to a company controlled by a high-ranking minister. The money was heading into his pockets.
Banks are supposed to be on the lookout for corruption. So a JP Morgan Chase compliance officer outlined the bank’s options. “We could refuse to pay,” or the bank could route the money through the UK, where it would face fewer obstacles than if sent through the US.
In the end, JP Morgan sent the money — and used its UK branch to complete the deal. Much of the money went to the corrupt ex-minister, who spent it on a private jet and big game hunting. buzzfeednews.com/article/tomwar…
JP Morgan says that it acted appropriately. But documents show the banking giant sent the money despite multiple clear warning signs of corruption that its own staff unearthed and brought to high-level managers. buzzfeednews.com/article/tomwar…
Read the rest of our #FinCENFiles investigation here: buzzfeednews.com/fincen-files

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More from @BuzzFeedNews

15 Mar
Bachelor Nation has a race problem, according to four former #TheBachelor contestants who spoke to @stephemcneal.

They say the franchise didn’t support them when they heard insensitive comments from fellow contestants and received racist abuse from fans: buzzfeednews.com/article/stepha…
White contestants have been able to cause drama, pick fights and emerge with a healthy Instagram following.

Black contestants said they were subject to harassment and abuse from fans simply for being Black on a show that, they feel, was never built to support them.
“It speaks to who America is in probably one of the realest ways ever,” said Jubilee Sharpe, who appeared on the show’s 20th season. “But people don't realize it.”
Read 4 tweets
15 Mar
In honor of @SunshineWeek, we’re extending our #FOIA fundraising efforts! #SunshineWeek is an initiative led by @NewsLeaders, in partnership with other media and civic organizations, to promote access to information and open government.
Now through March 22, every BuzzFeed News Membership sign up or one-time contribution will go towards our FOIA legal fund.

support.buzzfeednews.com
When you contribute, you’ll become a BuzzFeed News member and receive special member-only emails, including an inside look when we publish the next major #FOIA scoop.

And most importantly, you'll help keep the government transparent.

support.buzzfeednews.com
Read 4 tweets
15 Mar
#OscarNoms, Best Supporting Actor:
• Daniel Kaluuya, Judas and the Black Messiah
• LaKeith Stanfield, Judas and the Black Messiah
• Leslie Odom, Jr., One Night in Miami
• Paul Raci, Sound of Metal
• Sacha Baron Cohen, The Trial of the Chicago 7
#OscarNoms, Best Supporting Actress:

• Maria Bakalova, Borat Subsequent Moviefilm
• Glenn Close, Hillbilly Elegy
• Olivia Colman, The Father
• Amanda Seyfried, Mank
• Yuh-Jung Youn, Minari
#OscarNoms, Best Actor:

• Riz Ahmed, Sound of Metal
• Chadwick Boseman, Ma Rainey’s Black Bottom
• Anthony Hopkins, The Father
• Gary Oldman, Mank
• Steven Yeun, Minari
Read 6 tweets
12 Mar
NEW: Facebook executives told employees Thursday that the social network isn’t a “root cause” of US polarization.

One researcher even argued that some polarization is good, actually, because it led to the civil rights movement.

buzzfeednews.com/article/ryanma…
Facebook created a “playbook” that Chief Product Officer Chris Cox said would “equip all of you to go home and have dinner” with friends and family and explain why public perceptions of Facebook are wrong.
While denying that Facebook meaningfully contributes to polarization, a Facebook research scientist also suggested political polarization could be a good thing.
Read 5 tweets
11 Mar
What day did the pandemic start to feel real? For many in the US, it was a year ago today: March 11, 2020.

We talked to more than 60 people — from Anthony Fauci to Chet Hanks — about what it was like on the day COVID swallowed everything. buzzfeednews.com/article/buzzfe…
If that whirlwind day is a blur for you, here's a reminder of just *some* of what went down on the day the pandemic consumed life as we know it 👇
7:00 a.m. ET
NEW ROCHELLE, NEW YORK

In New Rochelle, just north of New York City, residents wake up on Wednesday, March 11, 2020, in the first COVID-19 “containment zone” in the US. Nationally, the coronavirus is known to have killed 31 people and infected just over 1,000. A firefighter wearing personal protective equipment prepares
Read 11 tweets
5 Mar
We want to know – and we want you to know – the complete story of what happened in the days leading up to the Jan. 6 insurrection.

So we’re suing the US government for records — again.

beta.documentcloud.org/documents/2049…
We’ve filed five FOIA lawsuits against the DHS, the Department of Justice, FBI, the Department of Defense, National Guard Bureau, the US Army, the Department of Interior, the National Park Service, and the Federal Aviation Administration seeking a wide-range of records.
These records will reveal what officials at these agencies knew in the days leading up to the insurrection, what took place behind the scenes at the highest levels of government, and how officials responded when rioters breached the Capitol.
Read 7 tweets

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