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U.S. v. Clayton Lewis

 
:
Lewis, Clayton
:
DOJ Criminal
:
July 31, 2003
:
U.S. v. Clayton Lewis
:
U.S. v. Clayton Lewis, No. 03-cr-930 (S.D.N.Y. 2003)
:
Clayton Lewis's former employer, Omega Advisors, brought suit against Viktor Kozeny in a London court claiming that he defrauded it and other investors of $180 million in a 1998 investment in the former Soviet republic of Azerbaijan by charging them $25 a piece for options in the proposed privatization of the state oil company that cost him 40 cents. Kozeny argued in his defense that Omega could not sue under U.K. law because Lewis had admitted to knowing of the bribing Azeri officials as part of Kozeny’s transaction, making Omega partially responsible. The parties settled the fraud suit in January 2009 resulting in the lifting of a series of court orders freezing Kozeny’s wealth.

Lewis is expected to testify against Viktor Kozeny if Kozeny is brought to trial.
:
Energy (Non-Utility)-Oil & Gas-Exploration/Production
:
Azerbaijan
:
1997; 1998; 1999
:
A senior Azeri government official; senior official of State Oil Company of Azerbaijan Republic ("SOCAR"); two senior officials of Azerbaijan's State Property Committee.
:
Viktor Kozeny, the alleged mastermind of a bribery scheme to profit from the privatization of state assets in Azerbaijan in the 1990s, recruited the hedge fund Omega Advisors as a co-investor in the purchase of options for shares in SOCAR. Clayton Lewis was the Omega employee who acted as Kozeny's point of contact. Omega entered a coinvestment agreement with Kozeny's companies Oily Rock and Minaret in 1998 investing $100 million.

Lewis was also involved in the activities of another co-investor, Pharos Capital Management, L.P.

Lewis pleaded guilty in 2005 to allegations that he had learned, prior to investments by Omega and Pharos, that Kozeny had entered into arrangements with Azeri government officials that gave those officials a financial interest in the privatization in exchange for certain benefits for the investment consortium led by Kozeny.

On April 4, 2013, Lewsi was sentenced to time served.
:
Anti-bribery (Domestic Concern), Conspiracy - Anti-Bribery
:
Plea
:
Not stated.
:
0
:
Agent of Domestic Concern, Domestic Concern, Officer of Domestic Concern
:
Other Senior Officer
:
U.S.
:
Legislation
:
Not stated.
:
Cash, Entertainment, Gifts, Meals, Travel, Wire/check
:
Direct, Family Member
:
313,000,000
:
Azerbaijan
:
Azerbaijan, Netherlands, Switzerland, United States
:
No