Trump National Doral

The Trump Organization’s revenue from its hotel operations is way down this year, and it recently requested a rent abatement from Palm Beach County, where the Trumps operate two golf courses on county land. It also negotiated with Deutsche Bank to reduce or delay its payments on loans from the bank, including about $125 million the Trump Organization borrowed when it was buying Doral in 2012, according to three people with knowledge of the matter. The bank agreed to a break, in line with those offered to other borrowers, but the Trump Organization concluded that the offer was not worth taking and turned it down, the people said. A Deutsche Bank spokesperson declined to comment. A Trump Organization spokeswoman didn’t immediately respond to a request for comment.

[May 3 2020]

Screenshot 2020-04-26 at 4.40.30 PM - Edited

[April 25 2020]

Four Democratic senators, led by Elizabeth Warren, earlier this month demanded details from Deutsche’s chief executive, Christian Sewing, about the bank’s interaction this year with Trump and his family’s companies.

The bank is one of the largest creditors for Trump’s hotels, golf courses and other properties, according to filings. The senators are concerned that the bank may be giving the family preferential treatment on loan repayments in the wake of the coronavirus outbreak as Deutsche itself remains under investigation by the U.S. Department of Justice. The bank refuses [implying recent negotiations].

[April 4 2020]
Loans from Deutsche Bank, the Trump Organization’s biggest creditor, have reportedly been used for Trump’s Chicago Tower, the Trump National Doral Miami golf resort — which is now shuttered — and his Washington, D.C., hotel, which has closed its bar and restaurant, The New York Times reported. The loans are backed by a personal guarantee from Trump himself, according to the Times. Deutsche Bank has loaned the Trump Organization some $2 billion since 1998, and there are currently an estimated $350 million in loans outstanding, the newspaper reported.

Trump Organization representatives reached out to Deutsche Bank’s private banking unit in New York last month for preliminary talks to discuss new loan arrangements, according to the Times.
Neither the Trump Organization nor Trump have commented on his business problems and possible debt rearrangement. But son Eric Trump, who helps manage the Trump Organization, told the Times: “These days everybody is working together. Tenants are working with landlords, landlords are working with banks. The whole world is working together as we fight through this pandemic.”

[November 29 2019 Deutsche Bank’s Bowers suicide in Malibu – Trump gatekeeper   ]

Screenshot 2019-11-29 at 7.58.15 PM
Screenshot 2019-11-29 at 8.00.24 PM

Thomas Bowers, 55, hanged himself on November 19 at his Malibu home.
The banker was not working for Deutsche Bank at the time. He is among a handful of people who signed off on loans totaling $2 billion to Trump in the decades before he became president, even after other institutions turned him down.

https://wp.me/pEe9-qy

Trump’s dealings with Deutsche Bank is under investigation by two Congressional committees and the New York Attorney General, The New York Times reported.
Investigators are seeking to use Deutsche Bank to probe Trump’s personal and business finances.

https://www.reuters.com/article/us-deutsche-bank-money-laundering-exclus/exclusive-u-s-digs-deeper-into-deutsche-role-in-danske-money-laundering-scandal-sources-idUSKBN1Y60ED
A source with knowledge of an FBI investigation into Deutsche Bank said that federal investigators had asked about Bowers and documents he might have.
Another source claimed that Bowers would acted as the ‘gatekeeper’ for financial documents for the bank’s wealthiest customers,
Bowers was the boss of Donald Trump’s banker Rosemary Vrablic, according to a New York Times article in early 2019. Vrablic approved over $300 million dollars in high risk loans for Trump starting in 2010. Bowers personally signed off on the Deutsche Bank loan for Trump’s Doral resort, according to the New York Times report. Vrablic’s other clients have included Jared Kushner and Stephen M. Ross.

thomas bowers
Thomas Bowers

https://wp.me/pEe9-qy

rosemary - vrablic
Iskandar Safa (center), owner of Privinvest, flanked by Armando Guebuza (left), former President of Mozambique and François Hollande (right), former President of France

https://www.dw.com/pt-002/julgamento-das-d%C3%ADvidas-ocultas-em-londres-%C3%A9-assim-que-agem-os-criminosos/a-53605789

Prosecutors from the Eastern District of New York believe Credit Suisse can be held criminally liable for its employees’ crimes if they were committed in the scope of their role and at least partly benefited the bank. But it disputes that testimonies from its former bankers proved its guilt. The bank is of the view that its former bankers were not senior enough to prove failure on the part of the lender. The bank earned $24 million in fees on the loans, but is still waiting for Mozambique to repay a $270 million portion of the loan.

https://wp.me/pEe9-1mk

[November 15 2020 trial – Feds rest, acquittal denied ]

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then Finance Minister, Manuel Chang

New York federal prosecutors on November 13 2019 rested their monthlong case against Privinvest Group executive Jean Boustani, who stands accused of conspiring to defraud investors in $2 billion worth of loans used to finance state-backed maritime projects in Mozambique.The judge, William F. Kuntz, threw out the defence team’s motion for acquittal, and declared “the government has established clearly and overwhelmingly the basis of this case going to the jury”.

[November 1 2019 Privinvest ’s CFO Najib Allam Spreadsheets shown at trial ]
Privinvest Group’s Chief Financial Officer Najib Allam emailed himself Excel Spreadsheets in November 2014 detailing the expenses he incurred in Mozambique, “meticulously detailing of bribes and kickbacks,” Mozambican figures who had taken bribes from Boustani, including the then Finance Minister, Manuel Chang, and Ndambi Guebuza, and Antonio do Rosario, the former senor security officer who became chairperson of the board of all three Mozambican companies.
One of Allam’s spreadsheets, headed “Ematum” detailed a string of corrupt payments. “ArGe” (Ndambi Guebuza) recived 21 millon dollars, “JB” (Boustani) got nine million, Rosario 8.7 million and Chang five million.

[October 21 2019   tuna scam: Said Freiha and Adel Afiouni   ]

andrew pearse

A combination photograph shows Detelina Subeva, left, a former vice president in the global financing unit at Credit Suisse Group AG, and Andrew Pearse, right, former managing director at Credit Suisse Group AG, in London.

Andrew Pearse, who pleaded guilty to conspiracy, told the court October 18 2019 that at least four former Credit Suisse bankers besides himself took millions of dollars in bribes from shipbuilder Privinvest Group, including two he hadn’t named before. Surjan Singh and Detelina Subeva, two former Credit Suisse bankers have pleaded guilty. Said Freiha and Adel Afiouni, a pair of former Credit Suisse colleagues introduced Privinvest to the bank.
Jean Boustani, a Privinvest salesman described by prosecutors as the “mastermind” of a plot to defraud U.S. investors.
Four Mozambican officials got kickbacks from Privinvest, and the son of the country’s then-president, Armando Guebuza, illegal payments.
Boustani helped Pearse set up a bank account in the United Arab Emirates to hide the US$45 million he’d paid him, even providing him with the necessary work permit. Asked what job was cited, the former banker said the permit falsely described him as a “tube welder” at a construction site.
Ndambi Guebuza, the former president’s son introduced the defendant to his father and to the ministers in the Mozambique government who were necessary for the project to proceed. Ndambi Guebuza was arrested by Mozambican authorities in February and is fighting charges.
The case is U.S. v. Boustani, 18-cr-681, U.S District Court, Eastern District of New York (Brooklyn).
SEALED INDICTMENT as to Jean Boustani (1) count(s) 1, 2, 4, Najib Allam (2) count(s) 1, 2, 4, Manuel Chang (3) count(s) 1, 2, 4, Antonio Do Rosario (4) count(s) 1, 2, 4, Teofilo Nhangumele (5) count(s) 1, 4, Andrew Pearse (6) count(s) 1, 2, 3, 4, Surjan Singh (7) count(s) 1, 2, 3, 4, Detelina Subeva (8) count(s) 1, 2, 3,

[August 27 2019 Credit Suisse’s Andrew Pearse lied says Mozambique ]
BN-OP498_MOZSHI_P_20160622163938

Mozambique sued Lebanese-French billionaire Iskandar Safa on July 31 in the High Court of Justice’s commercial court in London. Represented by Peters & Peters Solicitors LLP, Mozambique last month sued Safa, following the guilty plea from Andrew Pearse to wire fraud in federal court in Brooklyn, New York.
The legal action is the latest in a saga that has seen arrests including the son of Mozambique’s ex-president, former Finance Minister Manuel Chang, and two other former Credit Suisse staff. The U.S. has accused Mozambique government officials, the banker and Privinvest of setting up the project as a front to pay themselves more than $200 million in bribes and kickbacks.

Privinvest and some of its units were the sole suppliers for the project that included a tuna fishing operation, shipyards, and a coastal security system. The deals were signed in 2013 and 2014. The company and Safa ,the chief executive officer and founder of the shipbuilding company, have denied any wrongdoing. “Pearse’s allegations against Privinvest and Safa are entirely unfounded” and were obtained after several months of pressure, which diminishes their value as credible evidence.

[July 31 2019 guilty Mozambique and tuna fishing fleet scam ]
Andrew Pearse, who head Credit Suisse’s Global Financing Group at the time, entered his plea to one count of wire fraud conspiracy before U.S. District Judge William Kuntz in Brooklyn, New York federal court, admitting that he took millions of dollars in kickbacks in connection with the loans.
https://www.reuters.com/article/us-mozambique-credit-suisse-gp-charges/second-ex-credit-suisse-banker-pleads-guilty-in-mozambique-loan-scheme-idUSKCN1UE2OJ

[January 13 2019 U.S. steps into London scam ]

Click to access Boustani-Et-Al-Tuna-Bonds-Indictment-EDNY-Redacted.pdf

A 47-page US indictment against banker Andrew Pearse reads like a script to a Hollywood movie. Pearse and the other defendants created maritime projects as fronts to raise money to enrich themselves and intentionally divert portions of the loans’ proceeds to pay at least US$200m in bribes and kickbacks to themselves, officials and others.

[January 7 2019]

Jean Boustany, the top salesman for Privinvest, was arrested on January 2 2019 at New York’s John F Kennedy airport. The scam used loans to Privinvest , which is registered in the UAE, for three maritime projects. According to the indictment, Privinvest representatives were also accused of “inflating the prices of equipment and services” provided to Mozambique, thereby freeing the money for the bribe system.

“It is scandalous that it has required action from the U.S. authorities for this investigation and arrests to be made in London,” said Tim Jones, a policy officer at the British-based Jubilee Debt Campaign.

“It was the London branches of Credit Suisse and VTB which lent the $2 billion, yet there has been a shocking lack of action taken by UK authorities in holding them to account.”

Britain’s finance industry watchdog, the Financial Conduct Authority (FCA), started looking at Credit Suisse’s involvement in Mozambique in 2016. The FCA declined to comment on the latest events.

Former Credit Suisse bankers Andrew Pearse, Surjan Singh, and Detelina Subeva, were arrested in London on January 4 2019. They were charged with conspiring to violate US anti-bribery law, money laundering and securities fraud in an indictment issued in Brooklyn, New York US District Court, according to the U.S. Attorney’s Office for the Eastern District of New York.

Prosecutors say that through a series of financial transactions between approximately 2013 and 2016, they created fraudulent maritime projects and used state-owned companies in Mozambique as fronts to raise $2bn. The men have been released on bail in London while the US seeks their extradition.

An inquiry into the loan scandal surrounding Mozambique’s default shows that the money procured via Credit Suisse and VTB Bank served many purposes – just not helping the African nation to develop its economy.

Credit Suisse (CS) so far has flatly denied being at fault for Mozambique’s failure to repay its debt, including in a recently-published inquiry by New York-based Kroll economic research agency. The report by the agency suggests that some questions remain to be answered.

Kroll says that CS and Russia’s VTB, which together organized credit worth more than $2 billion to three state-owned companies in Mozambique, had received $200 million in fees, a claim CS rejects. The loans were intended for a tuna fishing fleet, patrol boats, nautical equipment, maintenance and training.

Bonds Awarded, Fees Distributed

CS in a statement said that it had received $23 million, or roughly 2.3 percent of the loans, a sum in line with market prices. A further $140 million from the $200 million in fees had been so-called contractor fees, passed onto members of the syndicate and investors, intended to boost their return.

CS and VTB had emitted bonds with a coupon of 8.5 percent for parts of the loans granted to Mozambique. CS had not told investors that the bank had granted further loans to the country.

Investors only found out after agreeing to a refinancing in March 2016. The deal had become necessary because Mozambique hadn’t been able to finance the loans. Switzerland’s banking regulator Finma is looking into the transaction, as is the U.K.’s Financial Conduct Authority, or FCA.

The Role of Abu Dhabi Mar

The Kroll Report shows in detail who received how much of the money provided to the African country. Apart from the banks, it includes officials in the African nation and Abu Dhabi Mar, a company based in the Middle East. Abu Dhabi Mar delivered tuna fishing boats, other vessels and nautical equipment and infrastructure as well as an aircraft. The company received $1.8 billion for the goods and services, paid with money borrowed by Mozambique.

Kroll indicated that there had been a number of conflicts of interest in the provision of the loan, and that a large amount of information had been withheld by authorities and companies in Mozambique that would have helped shed light on the affair.

Where Are the Missing $500 Million?

This included the whereabouts of several hundred million dollars, information about which had not been forthcoming from sources in Mozambique. What is known is that Mozambique had changed the end purpose of some of the loans and attributed them to the budget of the country’s military.

Kroll said that it was unclear where some $500 million of the loan intended for the tuna fishing project went to.

Overpaid?

The agency says that Mozambique paid too much for the boats, further equipment and services. Kroll compared the money the country paid with estimated market prices of the equipment and services and came up with a delta of $713 million.

Abu Dhabi Mar is controlled by Privinvest, an investment company partly controlled by Iskandar Safa, a Lebanese billionaire. A spokesperson for Privinvest told finews.com that Kroll in its calculations had not taken into account a number of elements of the deliveries agreed in the contract.

A Lot of Additional Technology

Privinvest hadn’t delivered individual pieces of equipment, but an integrated system, whose individual elements had been adjusted to the needs and complemented with additional technology.

Privinvest also holds a stake in Palomar, an offshore firm. Andrew Pearse, a former CS banker, is a partner at Palomar.

Role of the Former CS Banker

During his time at Credit Suisse, Pearse is said to have contributed to the awarding of part of the Mozambique loans. He had told finews.com that there had been no conflict of interest between his work at CS and his stake at Palomar.

Kroll says that Palomar had received fees of $30.6 million. More than CS and VTB together. Kroll isn’t able to say why this was the case because of the information that had been withheld.

The report alludes to the conflict of interest of a person only named as «B» who had owned a stake in Palomar and had been a former member of a participating company. The report doesn’t specify whether person «B» is Andrew Pearse, and whether the company involved is Switzerland’s second-largest bank.

A spokesperson for Palomar told finews.com that the Kroll-report contained errors and was misleading. Kroll never had contacted Palomar. Still, Palomar was ready to provide the necessary information at any time.

Projects That Don’t Work Properly

The inquiry also found that Abu Dhabi Mar, Privinvest and Palomar had had leading roles in all the Mozambique projects. They structured the projects, introduced CS as a provider of financing, agreed payments of contractor fees and restructured the credits – which led to the payment of further fees.

The report also says that Privinvest had provided financial support. The projects hadn’t taken off as had been expected, partly because of a lack of infrastructure for fish processing, but also because personnel had been unsuitable.

Palomar Capital Advisors Liquidated

Zurich-based Palomar Capital Advisors was liquidated in November 2016. Pearse was chairman of the company, which had been a key actor in the Mozambique deal and received the fees mentioned. The fees still outstanding will now go to VR Global Partners, a company based in the Caribbean.

Kroll has kept the report neutral and refrained from making assumptions or pointing fingers. Still, the inquiry repeatedly showed that some of the payments and transactions could not be explained on the basis of the information available.

CS Agreed to the Deal Even as Conditions Weren’t Met

Credit Suisse is being cleared by the report’s findings. It says that CS had demanded a number of conditions to be met for it to agree to the deal. They included an agreement from the central bank of the country, an examination of local courts as well as a report to the International Monetary Fund.

The documents Kroll had at its disposal showed that the conditions set out by CS had not been met. Further information would need to be made available to explain why the bank had agreed to providing the finance despite its conditions hadn’t been met.

https://www.finews.com/news/english-news/27878-moza

Revealed: Ex-Credit Suisse banker in business with EMATUM ship-builder

 President Trump expressed hope that our two countries would soon finalize a Defense Cooperation Agreement to enhance military cooperation, further strengthen NATO deterrence, bolster regional security in a post-INF Treaty environment, and protect democracy, freedom, and sovereignty. https://www.whitehouse.gov/briefings-statements/readout-president-donald-j-trumps-meeting-president-andrzej-duda-republic-poland/

Under an agreement announced last year, the U.S. is planning to send about 1,000 more troops for Poland, and progress is being made, officials said, to lay the groundwork for those moves. A senior administration official said it’s premature to say when troops could be transferred out of Germany. Based on the agreement with Poland, the U.S. will add a division headquarters, a combat training center, an unmanned aircraft squadron and structure to support an Army brigade that could rotate in and out of the country.

[June 17 2020]

Stoltenberg said Esper had been clear the matter was not yet finalised.

“What matters for me is that we maintain credible deterrence and defense and that we maintain the strong link between North America and Europe,” NATO Secretary-General Jens Stoltenberg said. He underlined that Washington has increased its military presence in Europe in recent years, and that European allies are spending more on defense.

Trump confirmed the drawdown plan, first reported by the Wall Street Journal last week, but so far has not issued a written order.

[14 June 2030]

President Trump has directed the Department of Defense to send 9,500 troops home from Germany, which would bring the total stationed there down to 25,000.

A defense official said the withdrawal is not related to rising tensions between Trump and German Chancellor Angela Merkel.

Polish Prime Minister Mateusz Morawiecki said that he “deeply” hoped that some of the troops transferring out of Germany would end up stationed in Poland.

Warsaw and Washington have repeatedly discussed the issue and the decision is “now on the US side,” .

The Grafenwoehr training area is the largest NATO training area in Europe. “There is a lot invested here, and I think that we, in very friendly talks, will naturally always continue to heartily welcome these American soldiers, and there are also good reasons for them to be stationed here,” Chancellor Angela Merkel said. A $1bn expansion was completed in May 2010, one of the largest army construction projects in Europe since the 1950s.

[July 3 2019 Romania, Bulgaria and Hungary host a series of multinational exercises called Saber Guardian 17.   ]

U.S. forces are currently transporting tanks, infantry fighting vehicles and other equipment from Germany to Romania, Bulgaria and Hungary for a series of multinational exercises called Saber Guardian 17. Saber Guardian 2017 is a multinational military exercise involving approximately 25,000 military personnel from over 20 participating nations. The Black Sea Region exercises for 2017 include numerous U.S., ally, and partner national exercises, with SG17 being the largest. Each is separate and distinct, however many of them contribute to or enable SG17 in various ways. As a whole, these exercises demonstrate the United States and NATO’s superior joint and combined capabilities and highlight our collective will to defend against regional aggression.

“I’m really excited to be going to Romania,” said Sgt. 1st Class Alexander Graybill, a platoon sergeant for Company C, 588th Brigade Engineer Battalion, 3/4 ABCT. “We just completed Combined Resolve VIII. Going to Romania with a new mission will allow us to apply the lessons learned to Saber Guardian. I feel that it will allow us to have more time to polish up on areas and prepare to go to Combined Resolve IX back in Germany later this summer.”

Alex Saab under arrest in Cape Verde

Lawyers for Alex Saab filed a motion for Habeas Corpus with the judge who denied the motion now being repealed.

Prosecutor general José Landim .

Prosecutor general José Landim said Cape Verdean authorities were obligated to detain Saab because the country is a member of Interpol, which issued the warrant.

Alex Saab

Alex Saab was detained on the Atlantic Ocean archipelago of Cape Verde when his plane was making a refueling stop on its way back from Iran. He had been sanctioned by the Trump administration for allegedly utilizing a network of shell companies spanning the globe — the UAE, Turkey, Hong Kong, Panama, Colombia and Mexico — to hide huge profits from no-bid, overvalued food contracts obtained through bribes and kickbacks. U.S. officials have long described Saab as a front man for Maduro

Axel Eiser

FRANKFURT (Reuters) – Axel Eiser, a former Volkswagen (VOWG_p.DE) engineer being sought by United States authorities as part of their investigation into a diesel-emissions cheating scandal, has been arrested in Croatia, Germany’s Handelsblatt said on June 16 2020.
Eiser is a former head of group powertrain development at Volkswagen and was also a director of powertrain development at VW’s premium brand Audi (NSUG.DE). VW admitted in September 2015 to secretly installing software in nearly 500,000 U.S. vehicles to cheat government exhaust emissions tests and pleaded guilty in 2017 to felony charges. In total, 13 people have been charged in the United States, including the four Audi managers. Managers Richard Bauder, Axel Eiser, Stefan Knirsch and Carsten Nagel all worked in Audi’s engine development division in Germany. Bauder was head of Audi’s Diesel Engine Development department. A Justice Department spokesman said previously none were in custody. All were believed to be in Germany.

Ren Zengfei, r

In a redacted Dec. 1, 2018 memo, Canadian Security Intelligence Service [CSIS] said it was advised by the U.S. FBI of plans to arrest Meng Wanzhou when she arrived on a flight to Vancouver International Airport that day.“The arrest is likely to send shockwaves around the world,” CSIS said. “The planned event will be of great consequence internationally and bilaterally.”

[February 27 2020 5G Network: spheres of influence battle ]

china-5g
As the leader of a country currently considering the choice recently put it, Washington is trying to persuade other countries not to buy Chinese hardware because it will make it easier for China to spy and instead to buy American hardware, which would make it easier for the United States to spy.

https://www.foreignaffairs.com/articles/united-states/2020-02-10/new-spheres-influence
https://www.newyorker.com/news/annals-of-communications/the-terrifying-potential-of-the-5g-network

Britain and, to a lesser extent, Germany have said it is possible to keep Huawei away from the core network, and not allow the firm greater than 35% access.There have been reports of a highly charged phone call between Boris Johnson and Donald Trump in the wake of the UK decision. Johnson has postponed a planned visit to the US until the summer, citing the pressure of domestic work, but also reflecting the tensions between the two allies.

If states do have concerns about the security risks involved in allowing Chinese telecom companies, and these cannot be ruled out completely, there are effective mitigation measures such as using multiple vendors for 5G equipment or keeping Huawei out of sensitive parts of the network, like the U.K. is doing.

[October 29 2019 Meng Wanzhou: police in effect violated her rights? ]
Screenshot 2019-10-29 at 10.08.35 AM - Edited

Before Meng was formally arrested on 1 December, she was questioned for nearly three hours by Canadian border agents. She was also asked to surrender her electronic devices, which border agents searched.

By leading her to believe her detention and questioning were immigration-related – and not the result of a US arrest warrant – police in effect violated her rights under Canada’s charter, her legal team said in court filings.

[July 15 2010 Huawei’s 5G equipment in play ]
https://twitter.com/Bird5Ca/status/1145016730139484160

OTTAWA (Reuters) – Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election. The question of whether Huawei’s 5G equipment could contain backdoors allowing access to spies is dividing Canada and its partners in the Five Eyes intelligence-sharing network. The United States, Australia and New Zealand have bans in place while Britain is taking a less firm line, indicating Huawei’s 5G products could be used in less sensitive areas.

Canada is watching what Britain does very closely, Ottawa could take a similar decision. Huawei has repeatedly insisted Beijing has no influence over it.

[June 26 2019 Canada should drop extradition proceedings? ]

a96ae63c-03c1-11e9-b0d2-cf4a0f50367e_1320x770_141331

Canada should drop extradition proceedings argued a statement signed by the four legal heavyweights preparing Meng’s defence in the lead-up to her B.C. Supreme Court extradition hearing, which is expected to begin next January. Their argument speaks to the principle of “double criminality” at the heart of extradition law: that a crime in the country seeking extradition should also be considered a crime in Canada.
Besides — Meng’s legal team says the lies she is accused of making allegedly took place in Hong Kong in the presence of non-Canadian bankers. The Department of Justice said “Canada is a country that respects the rule of law”

[June 7 2019 extradition hearing January 20 2020 ]
British Columbia’s Supreme Court on June 6 3019 accepted a proposal by Meng Wanzhou’s defense team to start her hearing January 20, more than a year after she was taken into custody at Vancouver’s airport.

Defense lawyer David Martin said the schedule could allow the case to wrap up within two years, which he says would be a “record” for such a complicated case.

[May 5 2019 extradition process could take years ]

Meng Wanzhou, who is under house arrest at her Vancouver mansion, next appears in court on May 8 ahead of an extradition hearing, in a process that could take years. Canada says the United States is obliged to help, given that the U.S. arrest warrant triggered the crisis with Beijing. U.S. negotiators have rejected Chinese proposals to include the Huawei issue in their current trade deal discussions. Trump has previously suggested the charges against her could be dropped if that would help the trade talks. Officials in Ottawa have not forgotten that the president blew up last year’s Group of Seven summit in Canada by describing Trudeau as very dishonest and weak.

[April 16   Meng extradition ‘is a serious political incident’ -China   ]

The foreign ministry in Beijing and the Chinese embassy in Ottawa both issued strongly worded statements after Canada’s announcement on April 12 2019 .
“China strongly opposes Canada’s insistence to proceed with the so-called extradition of Ms Meng Wanzhou, and it has made a solemn representation,” the ministry said in a statement released on April 13 2019.
“It is a serious political incident. We again urge the US to rescind its request for the extradition of Ms Meng and call for Canada to release her immediately.”

Meng faces 13 charges of bank and wire fraud, violating US sanctions against Iran, and obstructing justice. When arrested she was carrying a iPhone 7 Plus, a MacBook Air, and an iPad Pro,

[March 22 2019 RCMP must show what was found on Sabrina Meng Wanzhou ]

The RCMP to provide copies of the content on seven electronic devices, an iPhone, an iPad, a Macbook Air, a Huawei phone, two SIM cards and a flash drive, on Meng Wanzhou when she was arrested at Vancouver’s airport. Within three days a representative of the Mounties must provide the electronics to the force’s technical crime unit so content can be extracted onto devices provided by Meng. Justice Heather Holmes of the British Columbia Supreme Court

[March 4 2019 sues about her arrest ]
Screenshot 2019-03-04 at 8.40.14 AM - Edited

Extradition could be a long process, and Meng’s lawsuits could draw it out further.

[March 1 2019 Sabrina Meng Wanzhou’s extradition to proceed March 6 2019 ]
https://www.bbc.com/news/world-us-canada-47046264

An extradition hearing against a Huawei Technologies Co Ltd executive can proceed, a court in the Pacific province of British Columbia to start a formal extradition hearing. “The United States is a country with which we share a legal culture” and which Canada trusts, said Joanna Harrington, a law professor at the University of Alberta in Edmonton, an international human rights law specialist.

Screenshot 2019-03-01 at 9.21.22 AM - Edited.png
What came up after author posted the above

[   January 30 2019   ]

The judge moved the start of her extradition hearing to March 6, a month later than previously scheduled, in order to allow the defense time to review the evidence.

https://www.justice.gov/opa/press-release/file/1125021/download

https://www.justice.gov/opa/pr/chinese-telecommunications-device-manufacturer-and-its-us-affiliate-indicted-theft-trade

A spokesman for Canada’s justice department confirmed receipt of the extradition request. A copy of the request wasn’t immediately available.

United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, David MacNaughton, Canada’s ambassador to the United States said.

[December 13 2018 , arrested as she travelled to Mexico ]
December 20 2018: Chinese Foreign Ministry spokeswoman Hua Chunying identified the third Canadian as Sarah McIver, who was serving “administrative punishment” due to “illegal employment”.

Michael Spavor is a businessman based in Dandong, near the Chinese border with North Korea. He has ties to the North Korean government and has met its leader Kim Jong-un many times. Canadian foreign ministry spokesman Guillaume Bérubé confirmed that Mr Spavor had contacted them earlier in the week because “he was being asked questions by Chinese authorities”.

https://abcnews.go.com/Politics/doj-tool-trade-chinese-exec-case-official-vows/story?id=59775531

“If I think it’s good for the country, if I think it’s good for what will be certainly the largest trade deal ever made – which is a very important thing – what’s good for national security – I would certainly intervene if I thought it was necessary,” Trump

The US has until January 8, 60 days from the arrest date to turn over its full extradition case with supporting evidence.

A British Columbia justice granted bail of $10 million Canadian (US$7.5 million) to Meng, but required her to wear an ankle bracelet, surrender her passports, stay in Vancouver and its suburbs and confine herself to one of her two Vancouver homes from 11 p.m. to 6 a.m.

Former Canadian diplomat Michael Kovrig was detained. Kovrig works for the International Crisis Group, an independent conflict resolution think-tank. Saying he was “deeply concerned,” Public Safety Minister Ralph Goodale confirmed that Canada was aware a Canadian citizen was detained in China.

Screenshot 2018-12-08 at 8.30.45 AM - Edited

Shi Yinhong, director of Renmin University’s Centre for American Studies and an adviser to the State Council, said that the Meng incident put China in a bind between the need to show it can protect its business people abroad without spooking other advanced industrial nations with a strong response against Canada.

The Global Times’ editor-in-chief, Hu Xijin,

“It is also one of China’s core interests to improve China’s relations with the U.S. and the West, and not to lead Sino-U.S. relations to the direction of a Cold War,” Hu said, at one point holding up his iPhone.

Meng Wanzhou, Huawei’s chief financial officer, John Gibb-Carsley, the lawyer representing Canada’s attorney general told a Vancouver bail hearing ,refused to visit the US, where her son attends school, which was evidence of a sustained effort to evade a criminal investigation.

Meng was arrested on December 5 as she travelled to Mexico.

[December 7 CFO of Huawei arrested while changing planes   ]

Screenshot 2018-12-05 at 8.41.07 PM - Edited.png

Sabrina Meng Wanzhou, chief financial officer of China’s Huawei Technologies, 46, faces “unspecified charges in the Eastern District of New York” and was arrested when she was transferring flights in Canada.
In April, the U.S. Department of Justice opened an investigation into whether Huawei, which manufactures smartphones and other electronics, sold equipment to Iran despite sanctions on exporting to the region.  The Trump administration urged America’s allies to stop using Huawei telecommunications equipment because the Chinese company poses a security threat,    Last month New Zealand blocked Huawei from rolling out 5G mobile coverage over national security fears, following scrutiny of the firm by the UK, Japan and others.   CFO Sabrina Meng Wanzhou allegedly told employees in an earlier internal talk on compliance that there are scenarios where the company can weigh the costs and accept the risks of temporary non-compliance.

[December 3   Rise of China’s technology: 5G fearmongering?   ]

china 5g

5G development has become a bogeyman for the Trump administration .

If “big data” is the new oil of the digital era, then 5G is the next set of pipes that will deliver it – and unlike previous generations, China is determined to own more of this infrastructure, giving it mastery of its own industrial future. This not only sets it up a competitive technology clash, it also raises a number of national security issues for Western governments concerned about the integrity of 5G networks.
Phones, tablets, computers – devices such as home appliances, cars, dog collars, and many more are getting connected via the Internet of Things. 5G, which stands for “fifth generation,” is an upcoming standard for mobile telecommunications service. 5G technology will utilize a higher-frequency band of the wireless spectrum called millimeter wave that allows data to be transferred much more rapidly than the lower-frequency band dedicated to 4G. The downside is that millimeter wave signals don’t travel as far: The new 5G networks will require many more (albeit smaller) antennas spaced closer together than previous wireless generations. 5G home broadband, is essentially broadband without the cable. Of course, 5G is also much faster.

“Basically, power, money and politics is going east,” Younger said. “That’s a new political reality we need to adjust to.”

He said 5G reliance on Chinese technology was something Britain needed to discuss, though a bigger issue was the likely Chinese future dominance of emerging technologies.

Younger said he had been struck by President Xi Jinping’s “made in China” ambitions and that Beijing could within decades dominate all of the key emerging technologies, particularly artificial intelligence, synthetic biology and genetics.

“This is something we really need to think about,” Younger said. “The future of knowledge is in play.” The head the Secret Intelligence Service, or MI6, Alex Younger.
Huawei dismisses American fears about its intentions as nationalistic fearmongering. It says it has no more connection to the Chinese government than Apple or Google and that installing backdoors for spies in its network hardware or software would be tantamount to market suicide.

[ July 29 2011  China Oil corruption: Zhou Yongkang, the backer of Bo Xilai, now ensnarled   ]

China’s ruling Communist Party has put former security chief Zhou Yongkang — one of its most powerful men — under investigation.
Zhou had been a patron of Bo Xilai, who he is said to have backed for a slot on the PSC. Bo was jailed for life in September 2013 for corruption and abuse of power. Bo’s fall from grace, and that of his convicted murderer wife Gu Kailai, was China’s most dramatic political scandal since the trial of the Gang of Four after the Cultural Revolution. It was inevitable the Bo investigation would soon ensnarl Zhou too.

Zhou, 71, was born in the eastern industrial city of Wuxi in 1942, the son of a senior Communist defence procurement bureaucrat. Three years after entering Suzhou Middle School in 1958, he enrolled in the Beijing Petroleum Institute, now called the China University of Petroleum. He got his start in the 1970s as a technician for the Liaohe Oil Exploration Bureau in the northeastern province of Liaoning, home to China’s third-largest oil field.

In ordering the investigation of Mr. Zhou, Xi has broken with an unwritten understanding that members of the Standing Committee will not be investigated after retirement.
Two of Zhou’s former secretaries – Yu Gang and Ji Wenlin – and one of his former security guards, Tan Hong, faced charges over accepting bribes. Xinjiang’s former No 2 party official, Yang Gang, faced similar charges.
Mr. Zhou’s son, a sister-in-law and his son’s mother-in-law held assets worth some $1 billion, much of it in the oil and gas sector that was Mr. Zhou’s political fiefdom.
3/31/2014 China has seized at least $14.5 billion of assets from family and associates of the country’s former security chief Zhou Yongkang in the biggest corruption scandal since the Communist Party came to power in 1949
More than 300 of Zhou’s relatives, political allies and staff have been taken into custody or questioned.
The amount of money involved vastly exceeds the $2.7 billion of assets said in 2012 to be controlled by the family of former Chinese Premier Wen Jiaobao.
If the reported $14.5 billion of assets were ultimately owned by Zhou and excluded debt, his fortune would rank at No. 69 on Forbes magazine’s latest tally of the world’s billionaires.
7
1 September 2013 Jiang Jiemin is also the subject of a corruption investigation. Until March Mr Jiang was head of the China National Petroleum Corporation (CNPC), which has faced a number of corruption allegations. Another four CNPC executives were under investigation for corruption.

Historian Zhang Lifan said the investigation into Zhou showed factional struggles within the party were intensifying.

“We need to watch whether the struggle stops with Zhou. Xi might have won the ultimate victory, and it could stop there,” Zhang said. “After all, such a struggle is hurting the party, too, because it reveals to the public so many ugly things.”

[October 4 2011 Financial contagion from Chinese export dip

Yuan contagion
Yuan contagion

Now Beijing is expanding the use of the RMB in other financial centers, to allow for foreign holdings of the currency to be used for direct investment in China. According to Arvin Subramanian of the Financial Times, “the process is micro-managed, interventionist, and enclave-based – not a day seems to pass without some foreign entity, or country being granted greater but selective access to the renminbi.” Last week, the Financial Times reported that “China is for the first time to give formal backing to moves by British banks to turn the City of London into an offshore trading center for the renminbi.” Furthermore, the Economist reports that “in Singapore, banks now offer yuan deposits and bond funds. Its central bank is one of a dozen that have agreements with the Peoples Bank of China to swap their currencies for yuan.” here

As Premier Wen Jiabao famously put it back in 2007, the country’s growth is “unstable, unbalanced, uncoordinated and unsustainable.” In such a crisis, China’s economic weight would become a liability. The IMF estimates that the impact of Chinese demand on the world’s largest economies has more than doubled over the past decade. A deteriorating outlook for Chinese imports could send commodity prices plummeting, precipitating heavy losses for investors and risking financial contagion. more

ADVENTURE
Crude Oil Tanker IMO: 9286073


Washington in February 2020 slapped sanctions on Rosneft Trading SA, the Geneva-based subsidiary of Rosneft (ROSN.MM), which it alleges was helping Venezuela to export its oil using so-called ship-to-ship (STS) transfers to mask the true origin of the crude. A unit of CNPC chartered at least one of those tankers, meaning it was responsible for the oil aboard, the ship-tracking data show. That vessel, called the Adventure, took on Venezuelan crude on July 18 and discharged it in China on Sept. 4, 2019.
China never stopped buying. Crude from Petroleos de Venezuela SA, or PDVSA, kept arriving at Chinese ports with the help of a Switzerland-based unit of Rosneft, Russia’s state-owned oil company, and a roundabout delivery method that made it appear as if the oil’s origin was Malaysia,

[April 18 2019 Venezuela exposes PR offshore banks ]

banco-san-juan-international-bsji-fbi

Offshore banks in Puerto Rico are able to open accounts with the Fed since the island is a U.S. territory. That gives them a competitive advantage over other offshore banking jurisdictions like the British Virgin Islands, which have to access the U.S. financial system through expensive third-party correspondent banks. Sixteen of Puerto Rico’s 80 offshore banking and financial services firms are owned by Venezuelan individuals or companies, according to corporate registry records, and directors’ LinkedIn pages and personal websites. In July of 2018 DOJ charged Uruguayan national Marcelo Gutierrez with allegedly conspiring to launder funds embezzled from Venezuelan state oil company PDVSA through a “bank in Puerto Rico” that he owned [Vestin Bank International], according to criminal investigation filings in Florida federal court. In February 2019, the FBI raided Puerto Rican offshore bank Banco San Juan International (BSJI) as part of a probe of money laundering and evasion of Venezuela-related sanctions. In 2016, BSJI reached a $300 million credit agreement with PDVSA, according to PDVSA’s financial statements from that year.

The Financial Supervisory Authority (FSA) said that Danske Bank A/S had misinformed the financial market by facilitating so-called “wash trades”, in which the same person sells and buys securities, between August 12, 2016 and February 22, 2019. Such trades could misleadingly prop up or devalue the price of securities,. The FSA said it did not believe Danske Bank had intentionally facilitated trades with itself, but the transactions reflected flaws in the bank’s market surveillance.

[December 20 2019 Russian Laundromat: Swedbank sanction processes start ]

Sweden’s Economic Crime Authority is carrying out a search at Swedbank’s head office in relation to an ongoing investigation into whether the bank breached insider trading regulations, the authority said on December 18 2019. Sweden’s Economic Crime Authority in February launched an investigation into Swedbank over allegations the lender informed some investors of a news report linking the bank to a Baltic money-laundering scandal before the information was made public.

Sweden’s Swedbank (SWEDa.ST) repeated on December 20 2019 that there was a risk it had been used to launder money, in a response to requests for comment by the Estonian and Swedish financial watchdogs on their separate probes into the bank.

[November 2 2019]
https://twitter.com/karolcummins/status/1188636554979205120

The Swedish and Estonian authorities now have decided upon initiating sanction processes, Swedbank is alleged to have processed suspect gross transactions of up to 20 billion euros ($22 billion) a year from mostly Russian non-residents through Estonia from 2010 to 2016

[October 1 2019 ‘historical shortcomings’ jobs lost ]
https://twitter.com/ReutersBiz/status/1178788060466692096

Stockholm-based Swedbank’s former Estonia chief executive Robert Kitt, who had been suspended since June, has now lost his job. Vaiko Tammevali, who had been chief financial officer at Swedbank in Estonia before being suspended in June, also lost his job, as did Kaie Metsla, the current head of the bank’s private customer division. The decision to remove the executives was based on “information concerning historical shortcomings connected to anti-money laundering work,”

[Match 9 2019 Now Nordea/Luminor, Swedbank ]
https://twitter.com/Billbrowder/status/1103599753814773767

Leaked documents indicate that at least 700 million euros — part of it from suspicious transfers — ended up in accounts held in Nordea banking group, and that some 200 million was transferred to accounts in Finland. Nordea’s customers also included hundreds of sham companies whose real owners are almost impossible to identify. The Estonian, Latvian and Lithuanian operations of Norway’s largest bank DNB were merged in 2017 with Nordea’s business in the region to form Luminor, the third-largest Baltic bank. Nordea and DNB agreed to sell a 60 percent stake in Luminor to a Blackstone private equity consortium for 1 billion euros in September and said the deal was expected to close during the first half of 2019.

https://wp.me/pEe9-1mP

At least 40 billion Swedish crowns ($4.25 billion) had moved between Swedbank and Danske accounts between 2007 and 2015.  Swedbank AB allegedly handled $176 million connected to the death of Sergei Magnitsky.  Swedbank provided services to Russian oligarchs and deposed Ukraine President Viktor Yanukovych it is charged.

77 Swedbank Baltic accounts received $18 million from 13 Danske Estonian accounts
The biggest share of the $176 million in transactions was tied to Ukio Bank, a Lithuanian bank that was declared bankrupt in 2013
590 Swedbank accounts in the Baltics and Sweden received $158 million from 102 Ukio accounts
50 Swedbank accounts in Sweden received around $2.4 million from 31 Ukio accounts opened by shell companies located in Belize and the British Virgin Islands.
The money flowed in both directions: 91 Swedbank accounts held by individuals and businesses sent $92 million to 46 Ukio accounts

[February 21 2019    enter SEC, Estonia arrests 10   ]

Estonia has arrested 10 former employees of the local branch of Danske Bank as part of an international investigation into alleged money laundering.”The suspects are the so-called first line of defence, client managers whose job was to make sure money laundering does not happen,” prosecutor-general Lavly Perling said.

The 10 people have not been charged, but under Estonian law can be held for 48 hours without formal charges.
“The information disclosed by (Swedish TV) is very serious and together with our Estonian colleagues we will thoroughly investigate the matter to make a comprehensive and in-depth assessment,” the Swedish Financial Supervisory Authority’s Director General Erik Thedeen said in a statement.

[February 20 2019]

Allegations are linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia’s state prosecutor said: at least 40 billion Swedish crowns ($4.30 billion) had been transferred between accounts at Swedbank and Danske in the Baltics between 2007 and 2015. “This does not automatically mean (or exclude) that a bank receiving payments in a possible money laundering operation has committed a crime or has breached the bank’s requirement to know its client and identify suspicious circumstances,”

50 of Swedbank’s customers that show several risk indicators of suspected money laundering have funneled a total of USD 5.8 billion through the bank.

[January 7 2019]

Unexplained-Wealth-Orders
In the case of Danske Bank, the names of the original individuals and organizations believed to have engineered the illicit flows of cash from Russia and Azerbaijan are still unknown. So, too, are the beneficial owners of the UK-based companies registered in various Caribbean islands that accepted the funds. Unexplained Wealth Orders (UWOs), were created under the British Criminal Act of 2017 and have been effective since the start of 2018.

logo

We are currently looking for a Transformation Consultant who can help us enable the agile transformation of Danske Bank and realize our ambitious strategic targets.

Agile Transformation supports and facilitates the adoption of agile ways of working in Danske Bank across all business units. We are a group of engaged colleagues working with customer experience, organizational capability building, agile coaching and agile execution as well as high performing teams. We work cross-functionally and liaise and collaborate closely with the global development organizations of 2,600 employees who handle our customers end-to-end in our endeavour to adopt agile ways of working.

russianlaundromat - Edited

. What is clear is that the Danske Bank scandal has underscored that Russia’s economic revival and gradual integration into the global economy hang in the balance.   Two hundred billion euros is a substantial sum of money, but only a fraction of the estimated $800 billion held offshore by rich Russians. To put this number in perspective, it is equal to the current wealth of all Russian households

https://wp.me/pEe9-ZM

[ October 17 2018]

Jacob Aarup-Andersen, 40, the Danske board’s choice to take over the helm of Denmark’s biggest bank, was rejected by the country’s financial regulator on the grounds that he wasn’t experienced enough.“This can’t be interpreted as anything other than a slap in the face,” said Per Hansen, economist at investment firm Nordnet.
The Danske Bank Scandal Is the Tip of the Iceberg According to the report, two of the main perpetrators were the Russian and Azerbaijani “Laundromat” operations.

The Russian and Azerbaijani Laundromats were central to the fraud taking place at Danske Bank’s Estonian branch. The Laundromats were criminal financial vehicles that helped to launder money worldwide through shell companies by using fraud, the rigging of state contracts, and customs and tax evasion. The Russian Laundromat worked between 2011 and 2014 by creating 21 “core” companies in the United Kingdom, Cyprus, and New Zealand.

These companies generated fake debt, then obtained a Moldovan court order that required 19 Russian companies pay these debts to Moldova-based Moldindconbank and Latvia-based Trasta Komercbanka. Once out of Russia, the money was transferred all around the world, accounting for 26,746 payments totaling $20.8 billion to 5,140 companies with accounts at 732 banks in 96 countries. At Danske Bank, 177 customers received payments from these core companies.

Similarly, the Azerbaijani Laundromat used a series of shell companies to disguise the origin of $2.9 billion that is suspected to come from the family of Azerbaijani President Ilham Aliyev. This Laundromat worked as a slush fund to pay off politicians, siphon off private funding, and launder money. While much of this scheme is still under investigation, 75 customers of Danske Bank are implicated, and the Estonian branch handled the accounts of all four major companies involved in the Azerbaijani Laundromat.

[October 11 2018   Andrei Kozlov murdered for informing to Danes ?   ]

Andrei Kozlov, the first deputy chairman of the Russian Central Bank traveled to Estonia in the summer of 2006 to warn the authorities that a money-laundering scheme had been established in the tiny Baltic financial sector: the $200 billion Danske Bank scandal. Sept. 13, 2006, three strangers approached Kozlov at the Spartak Moscow sports complex in northeast Moscow. They fired a volley of shots that struck Kozlov and his driver.
Kozlov became the third dead Russian who can be linked to the Danske scandal after Alexander Perepilichnyy, whose company used the bank’s Estonia branch, died in suspicious circumstances in Britain, and Sergei Magnitsky, a Russian lawyer who was investigating the theft of $230 million when he died in Russian custody. It is claimed that the vast majority of the proceeds of that theft were laundered through Danske Bank.

[ October 6 2018  Lantana Trade had Putin family as beneficial owners   ]

danske - Edited
Howard Wilkinson laid out how a UK-based limited liability partnership (LLP) called Lantana Trade “apparently” had beneficial owners that included “the Putin family and the FSB”, the Russian intelligence services.

Danske Bank (DANSKE.CO) said in a statement it had “received requests for information from the US Department of Justice in connection with a criminal investigation relating to the bank’s Estonian branch conducted by the DoJ,” and was cooperating.   News of a U.S. Department of Justice investigation has caused panic. The bank’s shares were dumped and some bondholders are even wondering whether Danske might start having trouble making interest payments on its riskiest debt.The scale of the bank’s Estonian money laundering scandal has shocked the world. Over a nine-year period, about $235 billion flowed through a tiny unit in the Baltic country, much of it suspicious, Danske said last month. Besides the U.S. probe, Danske is being investigated in Denmark, Estonia, Switzerland and the U.K. Separate investigations will examine the extent to which the bank’s regulators and auditors acted appropriately.
It said of the approximately 6,200 accounts it had examined so far that most were linked to clients registered in Russia, Britain and the British Virgin Islands and “the vast majority of these customers have been deemed suspicious”.

[September 20 2018   Russians warned Danes about laundered billions in 2007   ]

estonian$
Thomas F Borgen

Danske Bank’s (DANSKE.CO) chief executive Thomas Borgen quit on Wednesday, September 19, following an investigation into payments totaling some 200 billion euros ($234 billion) through its Estonian branch, many of which the Danish bank said were suspicious.   Denmark wanted to avoid a scenario like the one in Latvia where ABLV was accused by U.S. authorities of covering up money laundering, leading to the bank being denied U.S. dollar funding and collapsing.

– I’m sorry for that. Although the external attorney’s opinion concludes that I have lived up to my legal obligations, I think the right thing for all parties is that I retire, Thomas F. Borgen writes in the announcement. In 2017 Thomas Borgen received a total salary of NOK 17.4 million. 11.5 million were pay, pension amounted to 2.2 million kroner, while bonuses in the form of cash and shares amounted to 3.7 million kroner.

According to the details of the contract, Thomas Borgen can leave the bank with at least NOK 13.7 million, which is the basic salary.

At the same time, Thomas Borgen will be able to keep his shares and the shares he has received as part of his incentive program.

At the end of 2017, Thomas Borgen had 18,121 shares in his incentive program and owned 40,902 shares. At Wednesday’s rate, it is worth a total of NOK 9.6 million.

Born: March 27, 1964, Sarpsborg, Norway

Thomas Borgen is a Bachelor of Business Organization from Heriot Watt University in Edinburgh and holds an MBA from Syracuse University in New York.
The bank is being investigated by the Danish bakers’ police, Estonia and allegedly also the US authorities.

In June 2007, Danish Financial Supervisory Authority received a letter in which the Russian Central Bank expressed concern about so-called non-resident customers in Sampo Bank Estonia, purchased by Danske Bank in the same year. The letter states that customers in Sampo Bank participated in ‘financial transactions of dubious origin’ for ‘billions of rubles monthly’.

“The transactions mentioned may be aimed at tax and customs evasion when importing goods,” the Russian Central Bank wrote in the warning and continued:

“Or they can be associated with criminal activity in their purest form, including money laundering.”

Thus, Danske Bank missed “this first clear opportunity” to respond, concludes law firm Bruun Hjejle, who has prepared the survey.

“President Trump is the only thing standing between America and socialism,” Texas Land Commissioner George P. Bush, the son of former Florida Gov. Jeb Bush, told The Dallas Morning News on June 10 2020. He added that he would be voting for Trump in November; “it’s clear Republican policies are working,” the younger Bush told the paper.

[August 6 2019 – Atlantic Magazine ]
88af3bc2f

In 1993, George P. Bush was struggling academically in his first semester at Rice University. On New Year’s Eve a shirtless Bush tried to break into an ex-girlfriend’s home. Caught in the act by her father, according to the resulting police report, he fled—but came back 20 minutes later with his car, in which he proceeded to do donuts across her 80-foot lawn. He joined the Navy, and served more than a year in Afghanistan as an intelligence officer.
https://www.theatlantic.com/magazine/archive/2019/05/george-p-bush-trump/586003/

https://wp.me/pEe9-cB

Since its first confirmed case on March 7, Moldova has registered 9,700 cases of the coronavirus and 346 deaths, the fourth consecutive week with more than 1,000 new cases. During the first week of June, Moldova also suffered 46 coronavirus deaths, including two medical workers, compared to 45 deaths a week earlier.

[March 27 2020 100]

The country now has more than 100 confirmed cases.

[27 covid-19 cases]

Chisinau, 15 March /MOLDPRES/ – There are 27 people suspected of infection with COVID-19 in hospitals of Moldova at present and there are 12 confirmed cases of this virus. Two cases out of the confirmed ones are of local spread. Health, Labour and Social Protection Minister Viorica Dumbraveanu

[March 13 2020 6 ]
March 13:Covid-19: over 4,000 people in quarantine, six confirmed cases in Moldova

As of Tuesday, March 10, Moldova has banned all flights to and from Italy amid the coronavirus (COVID-19) pandemic. As of Thursday, March 12, three COVID-19 cases have been confirmed nationwide.

[November 12 2019 ACUM bloc falls over prosecutor ]

Prime Minister MaiSandu

A no-confidence vote brought down Moldova’s ACUM bloc government NOVEMBER 12, 2019.  Prime Minister Maia Sandu, a Harvard-educated former World Bank economist known for her tough stance on corruption, had formed an unlikely alliance with the Socialists to remove a party run by a tycoon from power after an inconclusive election in February.
The coalition has tussled over who should have the power to appoint a new prosecutor general. Sandu wanted to be able to make the choice herself, but the Socialists wanted a special commission under the justice ministry to decide.
Sandu says the move is essential for her to be able to deliver on a promise to fight corruption and claw back the $1 billion that was stolen from three banks in a scam known locally as the “theft of the century”.

https://wp.me/pEe9-1dv