Ukraine Government Is Duped Into Signing A Fake $1 Billion Gas Deal By Con Artist

Ukraine Government Is Duped Into Signing A Fake $1 Billion Gas Deal By Con Artist
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Jordi Sarda Bonvehi claimed to be a representative from a Spanish natural gas company Fenosa and he convinced the Ukrainian government to sign a agreement that was worth over $1 billion.

Ukraine is building a massive natural gas plant in Odessa on the Black Sea. They’re super excited about it because it will allow Ukraine to produce their own gas for the first time, thus helping the country become less dependent on the Russian state gas company Gazprom.

Ukraine complains that Gazprom gouges them on prices, and Russia shuts off the gas in a huff whenever Russia and Ukraine get in a spat. But Ukraine’s economy sucks and they need to raise foreign money to build the facility, around $1.1 billion to be exact.

Bonvehi got Ukraine to sign the deal and actually the agreement was signed in a televised ceremony on November 26 in Kiev. The bald Bonvehi signed the document with Prime Minister Mykola Azarov looking on. “This is a historic moment… We’ve taken the first really big step in securing Ukraine’s energy independence,” Azarov announced.

That’s probably because just hours after the ceremony, Fenosa revealed it was news to them that they’d just signed a massive deal with the Ukrainian government. Fenosa said in a statement that “Gas Natural Fenosa has nothing under study in this regard, nor does it have representatives working in Ukraine on this issue.”

The agreement was meaningless, the Ukrainians were mortified. The Ukrainian government stepped down thanks to this situation as well as other mishaps on their part during their term.

When someone tracked down the contact information of Bonvehi and asked him about the deal he said, “I thought I could sign it and then settle it with the company.”  The Eurasia Daily Monitor suggests that Bonvehi is a Spanish lawyer who really did work for Fenosa, but may have gone rogue and negotiated the deal on his own.

Pretty smooth on the behalf of this guy even though he didn’t benefit in a financial way, but still pretty swift. Countries in Europe need to beware of this con artist.

Andrew Alvez | Elite. 

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Andrew Alvez

Andrew is a sports authority. One of the most knowledgeable sports journalists in the industry. Andrew boasts his two degrees in Communication and English to credit his writing ability. As a co-editor and writer Andrew tries his best to better the Sports page every time he graces the illustrious pages of Elite Daily.

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