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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (108108)	10/24/2014 3:42:26 AM
From: Haim R. Branisteanu	1 Recommendation Recommended By teevee Respond to of 219944

... and better connected and can cut corners at their will for their benefit. One example is that lets XYZ company made a great NG deposit in a country that imported most of its energy needs. The controlling shareholder of XYZ company contacts the regulators and promised the regulator that set the percentage of royalties to be paid for the extraction of the NG to the benefit of the State, a plum job after he will retire form public service if the royalties are for example 3% lower than previously anticipated. The regulator writes a report justifying just that - it gets approved in parliament as law, due to lobbyist efforts The regulator leaves office for "personal reason" and after 6 months he is hired as a consultant of XYZ company as related to XYZ negotiation with the government officials due to his knowledge and experience. The scheme perfectly legal and the new regulator goes on with the same model XYZ and its controlling shareholder pocket most of the difference of the royalties. No bank offshore account needed and no envelopes stuffed with cash change hands This happened all the time