Latest news with #Barnea
United News of India
6 hours ago
- Politics
- United News of India
Mossad chief issues video excerpt highlighting spy agency's role in Iran assassinations, sabotage cases
Jerusalem, June 25 (UNI) David Barnea, Chief of Israel's premier intelligence agency Mossad, issued a rare video excerpt of an address to his Mossad agents involved in several operations against Iran since June 13 and afterward, that led to various high-profile assassinations and sabotage cases. Seemingly taunting Tehran, he said that Israel will continue to operate inside Iran, telling his Mossad agents, "we will (continue to) be there, like we have been there", reports Jerusalem Post. Barnea said that the spy agencies' achievements against Iran were "unimaginable", with public details indicating they were involved in assassinating top Iranian military chiefs, nuclear scientists, blowing up nuclear facilities, drone facilities, and ballistic missiles facilities. He also openly acknowledged Mossad's many operations in Iran, revealing that hundreds of agents were stationed deep inside Iran during the height of Mossad operations, which threw the regime of the Islamic Republic into disarray, forcing it to play on the backfoot. He said that the Mossad had worked for months and years "to do all of the right actions to get to the right understood the fatefulness of the hour." Barnea also thanked IDF intelligence, the IDF Chief Lt.-Gen. Eyal Zamir and the CIA for their invaluable cooperation during the operation. He then turned to discuss the Gaza front, stressing that Mossad is committed to the returning all 50 of the hostages, 20 of whom remain alive. Highlighting its role in the conflict, Mossad revealed a rare video footage which showed its active collaboration with the Israeli Air Force in Tel Aviv's pre-emptive strike on Iran's ballistic missiles and air defences. Three videos show the Mossad targeting ballistic missile targets, air defence targets, and general preparations for the attacks (with the agents' faces covered up), reportedly using drones to target Iranian facilities.
Straits Times
10 hours ago
- Politics
- Straits Times
Israeli spy chief commends Mossad agents for Iran mission, vows to remain vigilant
Mossad chief David Barnea also thanked the US Central Intelligence Agency for its support in Israel's military operation against Iran. PHOTO: REUTERS TEL AVIV - Mossad spy chief David Barnea praised his agents for their role in Israel's operation against Iran, expressed gratitude to America's Central Intelligence Agency (CIA), and pledged ongoing vigilance in remarks broadcast on June 25. 'We will remain vigilant, keeping a close eye on all the projects in Iran, which we know of, in the deepest way. We will be there as we have been until now,' Mr Barnea said, in a video of his remarks to agents. Israel sent Mossad operatives into Iran to destroy weapons systems, an Israeli security source told Reuters on June 13 at the start of a 12-day air war on Iranian nuclear and military targets that ended on June 24 in a US-brokered ceasefire. 'I want to express appreciation and recognition of our main partner – the CIA – for the joint activities,' Mr Barnea said. He said the CIA had supported the Mossad and made the operation possible. The Israeli security source in the June 13 Reuters report said Israel's military and Mossad had worked for years on the intelligence needed for the airstrikes, which killed both commanders and nuclear scientists in Iran. Israel's military chief of staff, Lieutenant-General Eyal Zamir said in a video broadcast on the night of June 25: 'The Iranian nuclear programme has suffered a harsh, broad and deep blow and has been set back years.' REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Straits Times
11 hours ago
- Politics
- Straits Times
Israeli spy chief commends agents for Iran mission, vows to remain vigilant
David Barnea, the head of the Israeli Mossad attends an honour guard ceremony for Israel's incoming military chief Herzi Halevi at Israel's Defence Ministry in Tel Aviv, Israel January 16, 2023. REUTERS/Amir Cohen Mossad spy chief David Barnea praised his agents for their role in Israel's operation against Iran, expressed gratitude to America's CIA, and pledged ongoing vigilance in remarks broadcast on Wednesday. "We will remain vigilant, keeping a close eye on all the projects in Iran, which we know of, in the deepest way. We will be there as we have been until now," Barnea said in a video of his remarks to agents. Israel sent Mossad operatives into Iran to destroy weapons systems, an Israeli security source told Reuters on June 13 at the start of a 12-day air war on Iranian nuclear and military targets that ended on Tuesday in a U.S.-brokered ceasefire. "I want to express appreciation and recognition of our main partner – the CIA – for the joint activities," Barnea said of the U.S. Central Intelligence Agency. He said the CIA had supported the Mossad and made the operation possible. The Israeli security source in the June 13 Reuters report said Israel's military and Mossad had worked for years on the intelligence needed for the airstrikes, which killed both commanders and nuclear scientists in Iran. Israel's military Chief of Staff, Lieutenant General Eyal Zamir said in a video broadcast on Wednesday night: "The Iranian nuclear program has suffered a harsh, broad and deep blow and has been set back years." REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Yahoo
28-05-2025
- Business
- Yahoo
Ex-analyst sues Freepoint Commodities, alleges pressure to facilitate insider trading
By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) - A former senior analyst at U.S. trading company Freepoint Commodities has sued the company, alleging that top executives pressured employees to facilitate insider trading and retaliated against employees that objected. The lawsuit, filed in a New York federal court on May 14 by former employee Andrew Martin, claims Freepoint fired Martin in November to stop him from flagging unethical practices on the company's oil team during an FBI visit of its headquarters in December. The Stamford, Connecticut-based company has denied the allegations and said it dismissed Martin for performance-related reasons. "We will contest these spurious allegations from an employee dismissed for performance reasons," Freepoint said in a statement. Freepoint is still in a three-year deferred prosecution agreement with the U.S. Department of Justice (DoJ), which it entered in December 2023 as part of a settlement to resolve charges of bribing Brazilian officials. One of the conditions of that agreement was that Freepoint strengthen its corporate governance. Martin alleges in the lawsuit that Freepoint's global head of oil, Sarathi Roy, and head of refined products, Shai Barnea, sought to maximize Freepoint's profits by manipulating markets through solicitation of material, non-public information from oil producers and refiners. The lawsuit also alleges they distributed copyrighted material from subscription-based providers of market intelligence and research without permission. The events took place both before and after the settlement with the DoJ, according to the lawsuit. Neither Barnea nor Roy responded to Reuters requests for comment. The lawsuit alleges that Barnea pushed Martin to leverage personal contacts at Shell's Deer Park Refinery in Texas to gain non-public insider information on a labor strike there in 2015. Martin worked at Shell Trading before he joined Freepoint in 2014. The suit alleges that Barnea intended to trade on that information and that could have impacted gasoline prices in the U.S. Gulf Coast. Deer Park did not reply to a request for comment. The lawsuit alleges that Barnea also pushed Martin to misappropriate oil market analysis models that he had access to in his previous job at Shell Trading. Other Freepoint staff used data and tools from previous employers, considered trade secrets, as recently as summer 2024, according to the lawsuit. Shell Trading did not respond to a request for comment. Martin's lawsuit says he lodged complaints about Roy and Barnea promoting unethical behavior, and raised his concerns directly with Freepoint Chief Executive Dave Messer in August last year. Messer did not respond to a request for comment. Freepoint declined to give more details on Martin's performance, or answer questions about his claims. "It is our policy not to comment on pending litigation," Freepoint said. Martin said in a statement that he filed the lawsuit after pursuing his concerns with the company. "My aim is to reach a fair resolution and move on," he told Reuters. DEPARTURES Barnea left Freepoint in recent weeks, according to two sources familiar with the matter. Reuters was unable to ascertain why he left. Freepoint declined to comment on Barnea's departure. Several other Freepoint traders and analysts have left from multiple locations worldwide in recent months, according to sources familiar with the matter. Those include Eli Reichner, a fuel analyst who worked at the company's Stamford headquarters. In Singapore, oil traders Zhang Peng and Joshua Dawe have left, two sources said. Reichner and Dawe did not respond to Reuters requests for comments. Peng could not be reached for comment.
Yahoo
28-05-2025
- Business
- Yahoo
Ex-analyst sues Freepoint Commodities, alleges pressure to facilitate insider trading
By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) - A former senior analyst at U.S. trading company Freepoint Commodities has sued the company, alleging that top executives pressured employees to facilitate insider trading and retaliated against employees that objected. The lawsuit, filed in a New York federal court on May 14 by former employee Andrew Martin, claims Freepoint fired Martin in November to stop him from flagging unethical practices on the company's oil team during an FBI visit of its headquarters in December. The Stamford, Connecticut-based company has denied the allegations and said it dismissed Martin for performance-related reasons. "We will contest these spurious allegations from an employee dismissed for performance reasons," Freepoint said in a statement. Freepoint is still in a three-year deferred prosecution agreement with the U.S. Department of Justice (DoJ), which it entered in December 2023 as part of a settlement to resolve charges of bribing Brazilian officials. One of the conditions of that agreement was that Freepoint strengthen its corporate governance. Martin alleges in the lawsuit that Freepoint's global head of oil, Sarathi Roy, and head of refined products, Shai Barnea, sought to maximize Freepoint's profits by manipulating markets through solicitation of material, non-public information from oil producers and refiners. The lawsuit also alleges they distributed copyrighted material from subscription-based providers of market intelligence and research without permission. The events took place both before and after the settlement with the DoJ, according to the lawsuit. Neither Barnea nor Roy responded to Reuters requests for comment. The lawsuit alleges that Barnea pushed Martin to leverage personal contacts at Shell's Deer Park Refinery in Texas to gain non-public insider information on a labor strike there in 2015. Martin worked at Shell Trading before he joined Freepoint in 2014. The suit alleges that Barnea intended to trade on that information and that could have impacted gasoline prices in the U.S. Gulf Coast. Deer Park did not reply to a request for comment. The lawsuit alleges that Barnea also pushed Martin to misappropriate oil market analysis models that he had access to in his previous job at Shell Trading. Other Freepoint staff used data and tools from previous employers, considered trade secrets, as recently as summer 2024, according to the lawsuit. Shell Trading did not respond to a request for comment. Martin's lawsuit says he lodged complaints about Roy and Barnea promoting unethical behavior, and raised his concerns directly with Freepoint Chief Executive Dave Messer in August last year. Messer did not respond to a request for comment. Freepoint declined to give more details on Martin's performance, or answer questions about his claims. "It is our policy not to comment on pending litigation," Freepoint said. Martin said in a statement that he filed the lawsuit after pursuing his concerns with the company. "My aim is to reach a fair resolution and move on," he told Reuters. DEPARTURES Barnea left Freepoint in recent weeks, according to two sources familiar with the matter. Reuters was unable to ascertain why he left. Freepoint declined to comment on Barnea's departure. Several other Freepoint traders and analysts have left from multiple locations worldwide in recent months, according to sources familiar with the matter. Those include Eli Reichner, a fuel analyst who worked at the company's Stamford headquarters. In Singapore, oil traders Zhang Peng and Joshua Dawe have left, two sources said. Reichner and Dawe did not respond to Reuters requests for comments. Peng could not be reached for comment.
