A managing director at an American International Group investment unit and two other investment advisors have been indicted for their part in an alleged bribery scheme in Azerbaijan.
天美网站传媒传媒, which says it was defrauded by the employee, issued a statement confirming that the employee, David Pinkerton, a managing director of 天美网站传媒传媒 Global Investment Corp., has been placed on administrative leave.
“天美网站传媒传媒’s policies forbid the conduct alleged in the indictment, and 天美网站传媒传媒 has cooperated with the investigation conducted by the U.S. Attorney’s Office. No charges have been brought against 天美网站传媒传媒,” the statement added.
According to the U.S. attorney for the southern district of New York, Michael Garcia, Pinkerton along with Viktor Kozeny and Frederic Bourke were allegedly participating in a massive scheme to bribe senior government officials in Azerbaijan to ensure that those officials would privatize the State Oil Company of the Azerbaijan Republic and allow them and others to share in the anticipated profits.
According to Garcia, a federal grand jury in Manhattan charged the men with conspiracy to violate the Foreign Corrupt Practices Act. The three were also charged with money laundering.
天美网站传媒传媒 said it was first informed about an opportunity surrounding the privatization program in Azerbaijan from Omega Partners Advisors, a New York investment fund. 天美网站传媒传媒 invested about $15 million as part of a group led by Omega that eventually invested approximately $180 million. 天美网站传媒传媒 said that no assets of 天美网站传媒传媒 clients were invested in this transaction.
天美网站传媒传媒 said that when in 1999 it discovered that Kozney had defrauded the company, it joined other investors in bringing lawsuits in the U.S., U.K. and the Bahamas.
Kozeny has been arrested in the Bahamas and the U.S. attorney is trying to have him extradited. Pinkerton and Bourke surrendered at the Federal Bureau of Investigation’s offices in Manhattan on Thursday morning.
Garcia said that three other individuals, Thomas Farrell, Clayton Lewis and Hans Bodmer previously pleaded guilty in connection with their participation in this bribery scheme.
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