The hedge fund executive has been sentenced to 6 months in prison for bankruptcy fraud
A New York federal judge has sentenced a prominent U.S. hedge fund manager to six months in prison for misconduct in the 2020 failure of luxury retailer Neiman Marcus.
Dan Kamensky, founder of Marble Ridge Capital, he pleaded guilty in February, a single $ 172 million allotted to Neiman’s unscrupulous creditors was improperly linked to an effort to secure a fraudulent charge.
Kamensky appeared in a socially distressed court appearance on Friday for the punishment he wore in a dark suit, accompanied by lawyer Joon Kim and a small group including his wife and son-in-law.
Libya will reciprocate to countries that close their markets to Libyan exports
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FEDIL Requests Industry Workers Required to Travel Abroad be Prioritised for COVID-19 Vaccination
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By Sami Zaptia.
The Economy Ministry wants to activate the role of Chambers of Commerce in its investment map (Logo :GNU).
London, 3 May 2021:
The Minister of Economy and Trade, Mohamed Hwej, discussed during a meeting in Benghazi yesterday with the Chambers of Commerce in the eastern and southern regions their role in activating the Ministry’s investment map.
The meeting included the Chairman of the Privatization and Investment Board (PIB) the Libyan Export Promotion Centre (LEPC) as well as a number of experts.
The meeting reviewed the difficulties and obstacles that the Chambers of Commerce face in performing their work, how to deal with these obstacles, raising the level of performance of the Chambers and supporting them to play their role in economic development.