Latvian trace of Chornomornaftogaz swindle

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Uploaded by on Sep 6, 2011

The investigation of the TVi journalist Natalie Sedletska in Latvia.
The Singaporean factory Keppel manufactured a rig and through its distributor Seadrill sold it to a British firm Highway Investment Processing for $ 248,5 million. The British firm won a tender in Ukraine and resold the rig to Chornomornaftogaz for $ 400 million.
Highway Investment Processing, registered in Cardiff, was founded by two offshore companies - Ireland & Overseas Acquisitions Limited and Milltown Corporate Services Limited. These firms are headed by citizens of Latvia - Stan Gorin and Eric Vanagels. Are these people the final recipients of excess profits from the Ukrainian budget? Shocked by the business mastery of these two citizens, we went to find them in Latvia.

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  • very good. thanks for the english version

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