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in Iran. Although the Lar Exploration consultancy agreement was
signed by someone by the name of Betterman, petitioner performed
the work by providing the contacts, advising strategy, and
handling the negotiations. Petitioner's advice for this project
continued for about 3 years, including multiple crude oil
contracts. Petitioner was also involved in negotiations for two
other unsuccessful refining and marketing joint ventures that
Ashland was interested in developing with Iran. One was a
refining joint venture owned by Ashland in Buffalo, New York,
that reached the letter of understanding or letter of intent
stage but never resulted in a definitive contract. In 1976
petitioner negotiated another barter arrangement between General
Dynamics Corporation and Ashland. There was no involvement by
Diesel Power employees in this arrangement.
On April 18, 1975, petitioner was asked to sign a document
at La Guardia Airport addressed to All Patents, c/o the Banque de
Paris, which stated:
During the period 1973 through 1974, Ashland's records
show that firms or persons which you represent, received
payments, including the following:
Date Amount
Payment received for
Mr. James Zand June 6, 1973 $12,500
Date Amount
Payment to account of
Interrep, S.A. for the
group represented by
Mr. James Zand Sept. 30, 1973 $100,000
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