Marsha Lazareva is a graduate of Philadelphia’s renowned Wharton School of Business and was the CEO and vice-president of KGL Investment (KGLI), a private equity and venture capital company that she has led since its creation in 2007. KGLI supervised The Port Fund, another financial house that has invested in multi-continent construction projects. The new accomplishment was the selling of a property investment project.
The possibilities of the Port Fund were so encouraging that it gained sufficient investment capital from the state of Kuwait itself. Two Kuwaiti state agencies and several institutional investors also had an interest in the Fund. With all the planning turning into success, a Kuwaiti court charged Lazareva with stealing their money soon after the Philippines contract was concluded in 2017.
Several officials of different leading countries like US have clearly taken the case into their supervision to free Lazareva of her wrongful money laundering accusations. This statement by Neil Bush, the son of George Bush is evident to her international support: “Kuwait has had numerous opportunities within its system of law to fight corruption and withdraw the false allegations against Marsha Lazareva.”
Recently, a Bloomberg News article has found numerous publications and press releases about Lazareva and KGLI since 2018 that echoed the company’s talking points. Journalists across 11 media outlets, including the New York Observer, Fox Business Network, the Daily Caller, Newsmax TV, etc, whose work Marathon listed in its filing.
KGLI disclosed its spending of about $2.6 million last year, including $1.3 million through Marathon and an equal amount towards the Washington lobbyists.
Marsha Lazareva has served a 10-year prison sentence with backbreaking labor in Kuwait’s overcrowded Sulaibiya prison from may 2018. She was granted bail in June for what her legal counsel defines as trumped-up embezzlement charges. But now she receives new 7-year sentence according to Crowell & Moring LLP latest press release on Jan 21st, 2020
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