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Berkeley council member profited from police chief's public home loan

2015-10-02 21:42:21| Real Estate - Topix.net

In a move that ethicists call fraught with conflicts and cronyism, a city council member who voted to give Berkeley Police Chief Michael Meehan a $500,000 housing loan from public funds later worked as his real estate agent and took a commission on the chief's purchase of a home, records show. Councilmember Lawrence Capitelli said he split the nearly $30,000 commission on the $1.185 million sale with another agent in his office at Red Oak Realty, where he was a partner.

Tags: home member public council

Ukraines Naftogaz to receive $300m loan from EBRD to buy natural gas

2015-10-02 01:00:00| Hydrocarbons Technology

Ukraines national gas and oil company Naftogaz will receive a $300m grant from the European Bank for Reconstruction and Development (EBRD) to purchase natural gas from the European market to meet demand during winter season.

Tags: buy receive natural gas