| Yemen Was
Found Liable for $3M in Oil Case but FRBNY
Resists Providing Central Bank Info
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
May 31 – The Republic of
Yemen, such as it is, was sued
by Gujarat State Petroleum
Corp. Ltd. and lost by
default.
DDC Judge
Dabney L. Friedrich, now
presiding over many January 6
Capitol breach cases,
found the Republic of Yemen
liable for over $3 million.
But
that was just the beginning.
Now Gujurat wants information
about Yemen's central bank
account from the Federal
Reserve Bank of New
York.
On
November 23, 2021 U.S.
District Court for the
Southern District of New York
Judge Ronnie Abrams held an
in-person oral argument.
Inner City Press went and
covered it.
The Federal
Reserve Bank of New York ,
which is not a governmental
entity, is seeking to use the
sovereign immunity of Yemen,
which many view for now as a
Saudi protectorate, to quash
Gujarat's subpoena.
For this
proposition, the FRBNY cites
another SDNY case Inner City
Press has been covering:
Preble-Rish Haiti, S.A. v.
Republic of Haiti, 21-cv-4960
(Castel).
But
Gujarat on November 23 counted
with a District of
Massachusetts case about
Kazakhstan for which is
quickly read out the LEXIS and
Westlaw citations.
On May 31, 2022,
petitioners' lawyer Gregorny
M. Starner in an in-person
proceeding Inner City Press
went to cover told Judge
Abrams they are narrowing
their subpoena(s) to the Fed.
The Fed's counsel countered
that it was not much narrowed.
The parties are to confer and
submit a joint letter by June
6, whether they have agreed or
need judicial intervention.
Judge Abram emphasized that by
negotiating, the Fed would not
be prejudicing its right to
appeal.
Yemen, including
its Central Bank, was nowhere
to be seen. This while the UN
Secretary General is bragging
about his contacts with the
new Saudi negotiated
government. Inner City Press
will continue on these stories
This case is
Gujarat State Petroleum
Corporation Ltd. et al v.
Republic of Yemen et al.,
19-mc-547 (Abrams)
***
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