Judge rules in favor of US effort to take Snowden book money
December 18, 2019, 10:47 am

Judge rules in favor of US effort to take Snowden book money

Copies of the book titled “Permanent Record” by Snowden are for sale on the sidelines of a video conference in which he spoke about the book on September 17, 2019 in Berlin. (AFP)

Former National Security Agency contractor Edward Snowden violated secrecy agreements with the US government that allow it to claim proceeds from a memoir he published earlier this year, a judge ruled on Tuesday.

US District Judge Liam O’Grady in Alexandria, Virginia, ruled that Snowden is liable for breach of contract with the government because he published “Permanent Record,” without submitting it for a pre-publication review, in violation agreements he signed with both the NSA and the Central Intelligence Agency.

In the book, Snowden explains how he viewed himself as a whistleblower by revealing details about the government’s mass collection of emails, phone calls and internet activity in the name of national security.

Snowden was charged under the US Espionage Act. He now lives in Russia to avoid arrest.

O’Grady wrote that under the agreements, Snowden was required to allow the government to review anything he planned to publish “containing any mention of intelligence data or activities, or any other information or material which is ... known to be classified.”

“The terms of the CIA Secrecy Agreements further provide that Snowden forfeits any proceeds from disclosures that breach the Agreements. These terms continue to apply to Snowden,” the judge wrote.

The Washington Post first reported on the judge’s ruling.

Snowden’s lawyers had argued that the government had already broken the secrecy agreements by indicating that it wouldn’t give his book a fair prepublication review.

His lawyers have also said that the book contains no material that hadn’t previously been made public.

Brett Max Kaufman, an attorney with the ACLU’s Center for Democracy and lawyer for Snowden, said that the legal team disagrees with the ruling and is reviewing its options.

“It’s farfetched to believe that the government would have reviewed Mr. Snowden’s book or anything else he submitted in good faith,” Kaufman said in a statement. “For that reason, Mr. Snowden preferred to risk his future royalties than to subject his experiences to improper government censorship.”

The federal government’s lawsuit didn’t attempt to limit the book’s distribution but asked the judge to allow the government to collect all the proceeds from the book.

source: The Associated Press

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.