Sunday, July 25, 2010

BP Chief Executive Anthony Bryan “Tony” Hayward is negotiating the terms of his departure and will stand down from the company; effectively taking responsibility for the Deepwater Horizon oil spill in the Gulf of Mexico, according to journalists. The New York Times cites an anonymous source “close to the board”, and the BBC’s business editor makes a similar analysis. It is expected that President and CEO of the company’s Gulf Coast Restoration Organization Bob Dudley, a Mississippi native, member of the Board of Directors, and most senior American executive of BP, will replace Tony Hayward as Chief Executive.

A report by the BBC World Service said a BP press release asserted that, “[Hayward] has the full confidence of the Board.” The resignation, and change of leadership, at the multinational UK-based oil firm are expected to be discussed by the company’s Board of Directors on Monday, and will potentially be ratified as early as Tuesday.

Hayward’s position was, essentially, undercut when United States President Barack Obama said he “would have fired him.”

Wednesday, May 23, 2007

Newcastle United received a £133.1m ($263m) offer from English billionaire businessman Mike Ashley on May 23, 2007 to buy the club.

Ashley said in a statement “Newcastle United has a wonderful heritage and the passion of its fans is legendary. I am sure that, like me, they are already excited about the prospects for next season under the new manager’s stewardship.”

Ashley is already the largest shareholder in Newcastle United and currently runs Sports World International, the largest sporting goods retail in the United Kingdom.

Monday, October 30, 2017

At the request of Puerto Rico Governor Ricardo Rosselló, the Puerto Rican Electric Power Authority (PREPA) yesterday announced it has cancelled a US$300 million contract with a Montana-based company called Whitefish Energy Holdings amid concerns it may have been awarded improperly and the prices may be unusually high. Whitefish was to have rebuilt parts of the United States commonwealth’s energy infrastructure, which was recently destroyed when Hurricane Maria struck the island.

According to Whitefish spokesperson Chris Chiames, Whitefish was “very disappointed” and may consider a lawsuit. He also said about 350 Whitefish employees have been working on Puerto Rico for the past month, and their efforts will restore power to much of San Juan soon. He noted, “We will certainly finish any work that [PREPA] wants us to complete and stand by our commitments.” According to Governor Rosselló, Whitefish has already been paid eight million dollars.

The U.S. Federal Emergency Management Agency (FEMA) questioned whether the prices negotiated were reasonable and how Whitefish came to be awarded the contract. Whitefish is two years old, when the contract was signed only two people worked for it full-time, and it has connections to the current U.S. Secretary of the Interior. According to PREPA head Ricardo Ramos, FEMA approved the Whitefish deal, but FEMA officials said they did not.

Whitefish is based in the town of Whitefish, Montana, the hometown of Ryan Zinke, who is currently serving as U.S. Secretary of the Interior in the administration of the US President Donald Trump. Zinke and Andy Techmanski, Whitefish’s chief executive, are acquaintances, and Zinke’s son worked for Whitefish one summer. The founder of one of Whitefish’s financial backers, HBC Investments, has made nontrivial campaign contributions to Republicans and specifically to Trump.

Zinke told the public, “I had absolutely nothing to do with Whitefish Energy receiving a contract in Puerto Rico[…] Any attempts by the dishonest media or political operatives to tie me to awarding or influencing any contract involving Whitefish are completely baseless.”

Zinke also posted online, “Only in elitist Washington DC would being from a small town be considered a crime.”

The head of the U.S. House of Representatives natural resource committee, Republican Rob Bishop, has sent PREPA a letter requesting documentation of the deal and an explanation of the means by which it was made.

Maria Cantwell, a Democrat serving on the Senate Committee on Energy and Natural Resources called for “an investigation to determine how we got into this situation in the first place,” saying “taxpayers should pay a fair rate for the emergency repairs Puerto Rico desperately needs, […] not be gouged by Whitefish Energy or anyone else.”

According to the Associated Press, in one copy of the Whitefish contract, each employee would be paid a US$80 food allowance each day, and US$1000 each time they fly to or from the mainland U.S., with hourly pay rates for foremen, linemen and mechanics in the hundreds of dollars.

The federal control board in charge of Puerto Rico’s finances recently said they had appointed retired Air Force Colonel Noel Zamot to oversee the restoration of Puerto Rico’s power infrastructure, but Governor Rosselló said Puerto Rico’s own government is responsible for the power company, which has debts in the billions.

The category 4 Hurricane Maria struck Puerto Rico several weeks ago with high winds and intense rain. About 70% of Puerto Rico still has no electricity.

Puerto Rico was colonized by Spain and came under U.S. control in the Spanish-American War in 1898, along with Guam and the Philippines. Every person born in Puerto Rico is a United States citizen by birth. Puerto Rican residents do not participate in national elections, and have a non-voting representative in the U.S. congress. Mostly, they are exempt from federal income tax but not other federal taxes.

Monday, April 20, 2009

Rafiq Qureshi, the father of Rubina Ali, a child star of the Academy Award winning movie Slumdog Millionaire, has been accused of trying to sell his daughter. Qureshi was brought in for questioning by Indian police after a British news agency made accusations that he tried to sell his daughter. Ali played the character Latika.

Ali was the youngest actress in the movie, only 9 years old. She currently resides in a very poor area of Mumbai with her step-mother, father, and brother. Funds have been set up for Ali’s education and the local government has agreed to give housing to the children in the family.

News of the World says the alleged sale came to light during a sting operation performed by the news agency. They allege that Qureshi tried to sell his daughter for US$290,000 (£200,000) to his brother-in-law Rajan More.

“On Sunday, Rubina’s mother Khurshid complained to us that her ex-husband was trying to sell her daughter, saying she saw some reports on television to that effect,” said deputy Indian police commissioner, Nisar Tamboli to Reuters. Police say he tried to sell Ali to his brother-in-law because the family was not happy with the amount of money Ali was getting from her role in the film. More says Ali is not happy with living with her father.

“I have to consider what’s best for me, my family and Rubina’s future. We’ve got nothing out of this film,” said Qureshi as alleged by News of the World who also alleges that Ali’s brother Mohiuddin was in on the plan.

The family denies any wrongdoing and denies they tried to sell Ali.

“We never thought that we would have to face this. We are poor people, for us, our children are everything. Why would we give her away like that?,” said Moinuddin Qureshi, the uncle of Ali.

Authorities are continuing to investigate the incident.