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Shell involved in more mega corruption scandals?

Shell wanted exclusive access to the Chinese market and the Chinese wanted their own large oil and gas concessions in the Middle East. Shell had an exclusive 75 years old concession in the United Arab Emirates, which was about to expire on January 2014. What did the Emirati royalty want in order to facilitate this large oilfield concession changing hands? The answer is money, a massive bribe. This is where Oscar Wyatt’s company, Coastal Energy Resources came into the picture.

By John Donovan

A whistleblower who held a senior finance position inside Royal Dutch Shell has made serious allegations relating to the 1MDB scandal, which he claims is the tip of the iceberg of something way bigger and even more sinister. He also claims to have received death threats on numerous occasions since he left Shell.

His decade long employment record with Shell appears to be 100% authentic.

What is the Malaysian 1MDB scandal?

The 1Malaysia Development Berhad scandal or 1MDB scandal is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia’s then-Prime Minister Najib Razak was accused of channelling over RM 2.67 billion (nearly USD 700 million) from 1Malaysia Development Berhad (1MDB), a government-run strategic development company, to his personal bank accounts. (Extract from related Wikipedia article.)

According to lawsuits filed last week by the United States Department of Justice (DoJ), at least $3.5bn has been stolen from 1MDB. Money from 1MDB, the US also claimed, helped to purchase luxury apartments in Manhattan, mansions in Los Angeles, paintings by Monet, a corporate jet, and even financed a major Hollywood movie. (Extracts from a Guardian article published 28 July 2016)

Some redacted extracts from the Shell whistleblower allegations.

I have received death threats in numerous occasions since I left Shell.

The threats have not stopped and I am tired of it.

I also want to warn you that these people behave like real gangsters. They not only can hire the best lawyers money can buy, they also hire ex-military people and cybersecurity firms to do their dirty work. 

It took me time to understand that the 1MDB scandal is the tip of the iceberg of something way bigger and even more sinister. The 1MDB scandal is the result of a gigantic Oil and Gas bribery operation gone wrong. It is a massive operation involving investments all across the globe.

Shell wanted exclusive access to the Chinese market and the Chinese wanted their own large oil and gas concessions in the Middle East. Shell had an exclusive 75 years old concession in the United Arab Emirates, which was about to expire on January 2014. What did the Emirati royalty want in order to facilitate this large oilfield concession changing hands? The answer is money, a massive bribe. This is where Oscar Wyatt’s company, Coastal Energy Resources came into the picture. (Yes, the same Oscar Wyatt of the Iraqi Oil for Food bribes, same name different company though). Curiously Coastal was purchased by Spanish Oil company CEPSA on the same month, January 2014, when the 75 years old Shell oilfield concessions in the UAE expired. Who owned 100% CEPSA on 2014? CEPSA was owned by IPIC, which was later merged with MUBADALA, the UAE sovereign wealth fund.  In that transaction, Jho Low received an astounding US$300 million commission from CEPSA to act simply as a middleman (and he bought himself a yacht with that money) CEPSA paid US$2.2 billion dollars for Coastal. Coastal had claimed two years earlier that they had discovered a large field offshore Thailand, which multiplied the value of the company by 5. This was a fraud, what is called a reserves fraud. Clear evidence of the fraud is that the platform on that field was recently decommissioned and never produced any oil after it was sold to CEPSA.

The Chinese got the Shell concessions on April 2014 they wanted and a couple of months later guess what Shell signed the deal of the century with China! (CNOOC and CNPC), a GLOBAL ALLIANCE which has seen Shell partnering with Chinese companies all over the world and has given Shell exclusive access to the Chinese market. 

I claim that Shell management at their highest levels in USA and internationally knew about this. I claim Shell decided to sacrifice and frame one of their employees in order to get this massive deal with the Chinese. I claim that Marvin Odum, who was Shell US CEO at that time, was personally involved in the operation. Marvin Odum left Shell and went to work for his late father’s company TELLIN Enterprises in Houston. I claim that the current partner of Marvin Odum in Tellin Enterprises, Xxxxxx Xxxxxxx, was personally involved in coordinating the operation outside of Shell offices in Houston.  Marvin Odum was replaced as CEO by Bruce Culpepper, who was HR VP at that time. I claim that Bruce Culpepper also knew about this operation. I claim that the VP of Economics and several Economic managers, some of them retired after 2015 also knew personally about this operation.  There are many people involved in this and some of them were my friends, or I thought were my friends. 

EXTRACTS END

MUCH MORE TO FOLLOW

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

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