I’m just going to leave this here for future reference:
While #Norway was “facilitating” discussions between the chavista regime and the opposition, @HandelsbankenNO was providing its services to @PDVSA to evade @USTreasury sanctions, specifically to assist #Petrocedeño, a joint venture of PDVSA, @Equinor, and @total with Ultima Management https://t.co/i7MwhhbQbr
– alek boyd (@alekboyd) July 28, 2019
Erik Brodahl appears to be the man behind Ultima Management:
https://www.proff.no/rolle/erik-brodahl/-/113470/
He describes himself as a “…dynamic private equity professional with extensive operational experience, deal execution, and structuring always with a high level of integrity.”
https://no.linkedin.com/in/erik-brodahl-414b947
And he enjoys biking:
https://www.strava.com/athletes/997070?hl=en-GB
Scandinavia seems to be the place to be for chavista bullies and boligarcs mocking US sanctions, isn’t it, Nynas?
Additional note later added: The document shared with this site offers services from Handelsbanken specifically for Petrocedeño. None of the other JV of PDVSA are even mentioned. Thus, this is not an effort by a Norwegian bank to help the chavista regime to dodge US sanctions in all cases, but just concerning the shared risk partners of Petrocedeño: Equinor (67% owned by the Norwegian government) and Total from France.