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The Independent UK
The Independent UK
National
Io Dodds

War on Wall Street: Why billionaire Daniel Och is suing his former hedge fund for paying his own protégé too much

Getty/iStock

In 2016, the billionaire hedge fund manager Daniel Och agreed to pay nearly $2.2m to settle charges that he had broken US laws against bribing foreign government officials.

Och, US regulators said, had been warned by his own lawyer and his chief financial officer not to do business with an "infamous" Israeli businessman who regularly played bribes to public servants of the Democratic Republic of Congo, but did so anyway.

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