If you read the link, you will find that an investment tool such as the one mentioned above, is a ‘cash shell’ allowing the instigator a back-door route to the London Stock Exchange for emerging market firms that might not comply with listing rules. Further, the operator gets given funds in ‘trust’ by other individuals and has virtually free rein on what to do with it.
This particular investment vehicle is linked to Genel Energy International Ltd., a Turkish firm that pumps oil in Kurdistan. In other words, look where the Iraqi Oil ended up. So, we could infer that the Iraq War did Rothschild no harm at all. But, remember this vehicle is a ‘shell’ based on ‘trust’. Hmmm, Swiss Bank Accounts, Black Screen Accounts, ….. and $2.18 billion. ‘I don’t do it for the money’ says Rothschild. Oh is that so.
http://www.godlikeproductions.com/forum1/message1656655/pg1
Let’s look at Vallares then. Well, well, ‘I just want my life back’ Tony Hayward again. What do you know. http://www.forbes.com/sites/afontevecchia/2011/09/07/tony-haywards-revenge-former-bp-ceo-to-head-iraqi-oil-company/
Trusting investors are putting money on Hayward. Oh nice!
‘Vallares Plc, an investment vehicle co-founded by Hayward and Nat Rothschild, confirmed it was buying Genel Energy, a Turkish oil and gas company operating in Iraq, through a reverse merger for $2.1 billion on Wednesday.’ Article dated 9/7/11.
Oh and Registered in Channel Islands of course. http://download.perfectinfo.com/docroot/pdf/8a3f395d853a9b47e418211a96bceea5/2011/06/17/61496972.pdf
Further Enquiries: Vallares: Julian Metherell +44 207 518 8195
HMMM – Warning Warning – http://www.genelenergy.com/admin/resimler/detay_resim/reports_presentations/shareholder_circular.pdf Buyback Scheme GENL shareholders beware. Too late. http://www.linkedin.com/pub/elliot-milne/33/475/7b0
VOILA!
