Friday, July 9, 2021

MONACO'S CORRUPT SBM LOSES (AGAIN)

 





Congratulations to Jonathan Taylor of the UK who has beaten Monaco's vengeful attempt to extradite him from Croatia for blowing the whistle on widespread corruption at SBM (virtually, Monaco Inc).




As readers of this blog know, Monaco is a horribly corrupt micro-state presided over by a notoriously stupid prince.






Readers will also know that we tried very hard to get Albert (call him "Tubby" or "Captain Yo-Yo") to clean up all the crap on his sinking ship, to no avail.

And ever since, it's been one revelation of corruption after another.


For nine years, Taylor worked as a lawyer in Monaco for SBM Offshore, a Dutch multinational oil company. 

In 2012, he blew the whistle on corruption at the company and provided “evidence about bribes being offered to government officials in return for lucrative contracts,” a previous BBC article states. 

As a result of Taylor’s whistleblowing, “SBM Offshore eventually agreed to a then-record $240m (£186m) settlement with the Dutch authorities.” 

The case also had ramifications in the U.S. 

In November 2017, the U.S. Department of Justice announced that SBM Offshore and “its wholly owned U.S. subsidiary, SBM Offshore USA Inc. (SBM USA), have agreed to resolve criminal charges and pay a criminal penalty of $238 million in connection with schemes involving the bribery of foreign officials” in several countries. 

SBM USA also pleaded guilty “in connection with the resolution.”


https://whistleblowersblog.org/blog/2021/07/09/oil-whistleblower-jonathan-taylor-approved-to-return-home-from-croatia/