Derwick Founders Face Appeal in Venezuela Bribery Claim Suit
- Ex-U.S. ambassador’s pursues 2013 racketeering claims
- Swiss regulators said in March that U.S. was probing Derwick
This article is for subscribers only.
A former U.S. ambassador is pursuing claims that two Derwick Associates Corp. founders tried to discredit him for his attempts to expose their bribery of Venezuelan officials even after a judge threw out his case.
Otto Reich, the former ambassador to Venezuela, has asked a federal appeals court in New York to reinstate his lawsuit against Alejandro Betancourt and Pedro Trebbau. The suit was thrown out last year after a judge ruled Reich hadn’t shown the case should be tried in New York and failed to establish a connection between the alleged wire fraud and the bribery in Venezuela.