Thursday 18th of January 2018
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Exec charged with bribing Russian official in uranium deal

Exec charged with bribing Russian official in uranium deal

There’s an indictment in the FBI probe of the Uranium One scandal, in which the Obama administration cleared a business deal that gave a Russian company control of 20 percent of the US uranium industry.

A grand jury brought 11 counts of money laundering and wire fraud against Mark Lambert, the former head of a Maryland transportation company.

Lambert allegedly tried to bribe an official at a subsidiary of Russia’s State Atomic Energy Corp.

The indictment, handed up in Maryland, says Lambert tried to conceal the payments with the code words “lucky figures,” “lucky numbers” and “cake.”
Lambert’s aim was to win contracts to ship uranium to the US.

The federal investigation grew from charges that the Obama administration covered up an FBI probe of the uranium business — and thus allowed the Russian firm Tenex to buy a stake in Uranium One, a Canadian company that mines uranium in Wyoming and elsewhere.

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