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SEC, DOJ probing Och-Ziff over Libya activities

  • Och-Ziff (OZM) is under investigation over its activities in Libya before the ouster of Muammar Gaddafi, with the company warning that the probe could hurt its results.
  • The SEC is looking at whether the hedge fund made inappropriate payments to officials for access to the Libyan Investment Authority sovereign wealth fund, while the Department of Justice is scrutinizing the firm's use of "placement agents" to make deals. (10-K)
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Comments (4)
  • Patent News
    , contributor
    Comments (1416) | Send Message
     
    goldman smacksss made these deals for them.

     

    where are the DOJ INVESTIGATIONS of GOLDMAN?
    19 Mar 2014, 10:15 AM Reply Like
  • Joe_PSProfits
    , contributor
    Comments (10) | Send Message
     
    Here is a nice article about it.
    http://bit.ly/OBEwYD
    19 Mar 2014, 11:09 AM Reply Like
  • Sumflow
    , contributor
    Comments (3641) | Send Message
     
    Tripoli hotel under investigation for bribery: http://bit.ly/OD5Pls
    19 Mar 2014, 09:09 PM Reply Like
  • Scooter-Pop
    , contributor
    Comments (2701) | Send Message
     
    Summy,

     

    I sold my new position in OZM yesterday for a nice cap gain. I redeployed in Kinder shares this afternoon.
    19 Mar 2014, 09:18 PM Reply Like
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