Ex-Venezuelan Ambassador Accuses Energy Execs Of Bribery

Law360, Washington (July 31, 2013, 6:38 PM EDT) -- A former U.S. ambassador launched a suit in New York federal court Tuesday claiming three executives of the energy services firm Derwick Associates Corp. amassed approximately $1 billion in Venezuelan energy construction contracts by paying illegal kickbacks to government officials.

Otto Reich, who previously served as the U.S ambassador to Venezuela, alleged Leopoldo Alejandro Betancourt Lopez, Pedro Jose Trebbau Lopez and Francisco D'Agostino Casado offered Venezuelan officials “multimillion-dollar kickbacks” to secure lucrative contracts to construct power plants in the country, and siphoned millions off the agreements...
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Case Information

Case Title

Reich et al v. Lopez et al


Case Number

1:13-cv-05307

Court

New York Southern

Nature of Suit

Racketeer/Corrupt Organization

Judge

J. Paul Oetken

Date Filed

July 30, 2013

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