Saturday, November 8, 2014

New Earth Media PRESS RELEASE:
War Crimes Drama in Washington, DC Courtroom



REPOSTED FROM: http://www.newearth.media/press-release-war-crimes-drama-in-washington-dc-courtroom/


PRESS RELEASE: War Crimes Drama in Washington, DC Courtroom

By Santi

7 November 2014

Rod Class DC Gun Case Exposes the War Powers Act of 1917

Sacha Stone, London, England, founder of New Earth Nation, interviewed Rod Class about his DC Court Case three days before he was arrested in a bizarre series of circumstances October 28, 2014. This case has shined a focused spotlite on the level of Corruption going on in the Courtrooms of America.

The Rod Class DC Gun Case, 1:13-cr-00253-RWR, took an unexpected turn the morning of November 6. Former World Bank Lawyer Karen Hudes showed up at his hearing, along with a former FBI Agent, and several members of the AIB Radio Research Network.

Hudes, and those in attendance, were so outraged at the actions taken against the popular Legal Scholar that Hudes intends to file an Amicus Curae into the case to demand that the Judge set bail for the 60-year old Class. Hudes, and other concerned networks, want all interested parties to attend the Status Conference set for (Mon) 11/10/2014 at 11:30 AM in Courtroom 9 before Chief Judge Richard W. Roberts.

Sacha Stone, London, England, founder of New Earth Nation, co-hosted an interview with Rod Class about the upcoming Case a week before he was arrested under bizarre circumstances October 28, 2014, and held without bail in a DC jail.

That interview is available here

Rebecca Cope, Co-host, Adventures Into Sovereignty, Andrew Bartzis, Galactic Historian, New Earth Nation and Rising Life Media have in the works a documentary and E-Learning Series to present the SOURCE DOCUMENTS that Class has uncovered in his ten-year research. It is this information that has caused the system to go into over-drive to shut Class up, any way they can.

Class has been embroiled in a DC Gun Case since May, 2013, that should have been dismissed the first time Class filed his pro-se paperwork. The gun law he is charged with violating was ruled unconstitutional by the Supreme Court in the Heller v Palmer case he cited in the first go-round.

Before his arrest, Class filed proof in a Superior Court of Record that he is a private citizen. He gave notice of this change to the DC Court. They denied it. He filed an Amicus Curiae to show cause on October 3, 6, 7, in the private to the judge and they ignored that as well. The Judge has Registered mail sitting in DC that they have refused to accept.

Rod Class stands mute on his Amicus Curiae to protect the public. The Judge and the Prosecutor and the Public Defender have used every ploy, including Diesel Therapy, riding him around in a bus until he is exhausted and demoralized, before they bring him before the Judge.

Think this can’t happen in America in 2014? What does Rod Class know that has caused the Judge to violate Article 100 of the Lieber Code? The Judge has breached the International Law Principles of the Nuremberg Tribunal. The Court does not seem to care.

Class’s efforts to hold corrupt officials accountable to the rule of law are legendary.

It was Class who forced the North Carolina Courts to admit, on the public record, that the Administrative Agents posing as “Public Officials” are NOT. The ruling from the Judge was clear: They are “private entities, in fact, CORPORATIONS.”

To make sure he understood what the Judge meant, Class asked for an Administrative Review. He placed evidence from the Governor’s website listing the various offices of “government” for North Carolina.

The ruling by Judge Ridgeway, 11 CV 1559, in 2011, proved what Class had uncovered through his research: The “Agencies”, including the elected Governor, are NOT ‘Public officials responsible to the people. They are not organized under the Executive Branch.’

Class now had the proof he needed: The Administrative Agencies posing as government answered to the United Nations and the International Monetary Fund. An unscrupulous International Banking Cartel under the thumb of the Vatican had taken over every function of government in the United States and forgot to tell the people. (And at least 118 other countries worldwide.)

The DC case has revealed the dirty little secret the Cartel has taken great pains to hide for 100 years. The War Powers Act of 1917 as amended was used by the Banking Cartel to set the people up for an extortion racket that makes the Mafia look like Sunday School teachers.

The War Powers Act, Aka Trading with the Enemy, was amended in 1933 via the Amendatory Act to set the people up to be charged as an Enemy of the State. The DC Judge has invoked this Act as his authority to charge Class.

There is one major problem: the Judge had to be appointed under the Constitution in order to preside over an Article III Constitutional court. It is the only way he and his cronies can gain access to the accounts set up for the people’s use under the provisions of the War Powers Act. Charging Class as a War Criminal allows them access to the accounts. They can partake of the “spoils of war” and believe they have no accountability for their crimes against humanity.

Article III of the Constitution, backed up by the 11th Amendment, limits the power of Judges to preside over Civil cases only. Criminal cases must be presented before a Jury. The Judge is a neutral blind observer. There must be an injured party before a case can commence. The jury must find the accused guilty beyond a reasonable doubt. The Judge declares the appropriate sentence. Robbery and murder are criminal offenses requiring a jury verdict, for instance.

Rod Class, a disabled veteran, did not injure anyone. He didn’t even break a law. Instead, he is accused in a set-up that is well-documented; he faces a possible prison sentence of 10 years for a Statutory violation that has already been ruled unconstitutional by the Supreme Court.

What type of court has the presumed authority to charge Class in a Civil action that carries a felony penalty that could land him in jail for years?

There is only one place in Statutory Law that gives a Judge any authority to preside over such a case: 50 USC Chapter 3, Section 23: War and National Defense. The War Powers Act of 1917, as amended, has been invoked.

Class understands this Act. His history lesson starts with the Civil War. The Banking Cartel funded the war efforts for the South. Lincoln refused to borrow money from them, preferring instead to conscript the resources of the American people as collateral to back his currency, the greenback. Lincoln was assassinated for his efforts, but he had given the bankers the perfect method to overthrow the fledgling Republic.

In 1913, during a Christmas Recess, the Cartel bribed enough Congressmen to pass the Federal Reserve Act. They set themselves up to print the currency for the USA. They started World War I in 1914. In 1917, they got the War Powers Act passed.

Understanding the ramifications of this Act 100 years later will make it clear why the Secret Shadow Government wants Rod Class shut up.

Reading the Act reveals how cleverly the American people were set up by the bankers and their agents. They stole the resources of the people, kept them as the spoils of war, and set the people up as war criminals. This Act explains why the Bankers and their cronies, the 1%, control all the resources, while the 99% struggle to survive, lose their homes to fraudulent foreclosures, and get railroaded before a War Crimes Tribunal on trumped-up charges.

During World War I, under the War Powers Act of 1917, and in full force and effect from that time forward, all private property belonging to the people was conscripted for the use of the war effort. To conscript means “to draft for military service.”

This Act imposed restrictions deemed necessary “during a time of war.” What was formerly a right – to trade with anyone anywhere – now became a “privilege” requiring permission. One had to apply for a license to “trade with the enemy.” License and Registration procedures were put in place to keep up with the property the people contributed to the war effort.
The Alien Property Custodian, Agent in charge of registration, was required to keep up with the contribution of the people. This Agent had authority to create war bonds, or death bonds, or other means, using the people as collateral to fund the war debt.

Under Power of Attorney Appointment, the Agent was appointed Trustee of the Trusts set up for such purposes. All rights, title, and interest to manage the people’s property as if it was owned by the Government was placed under the Agent’s control.

EXCEPT: The Alien Property Custodian had to settle any claims brought before him resulting from the use of the people’s property. Under Section 7, “No person shall be held liable in any court for anything done or admitted under this Act.”

Courts were not allowed to hold peaceful inhabitants accountable for failure to pay a debt. The people had no choice in the matter, all property belonged to the State, under Section 9 of the War Powers Act, the Alien Property Custodian was required by law to settle the debts. All one had to do was present the claim under Oath, via signature, and it had to be settled.

UNLESS: a person was guilty of War Crimes. If one was even suspected of aiding and abetting the enemy, all such property could be confiscated and permanently turned over to the State, and no such compensation would be required.

Please read that last paragraph about ten times. It provides major clues why neither you nor your grandparents nor great-grandparents ever saw any debts paid or resources returned “after the war is over.”

World War I was over in 1918. How can the War Powers Act of 1917 still be in force?

Most people do not know their history like Rod Class does. They are not aware of the National Banking Emergency declared in 1933 that has never been lifted. They do not know that a price was put on the head of every newborn through the Social Security Act of 1935. Section 501 set a price of $1.8 million per live birth, and Section 502 gave the government mandatory funding of $1 Million for every year thereafter, in 1935 dollars. This funding was conscripted from the future labors of the offspring and placed in trust. The Alien Registration Act of 1940 set up the method to assign a unique name and number to each child. The Birth Certificate, issued in the given name of the newborn, provides proof that a trust was set up, and a Government Copywrite Trademark issued, in order for the Custodian to have a means to settle any debts.

Rod Class, 60, has provided, at minimum, $61.8 million, to “the government” to settle his debts. His paltry military disability check will not even pay for the rising costs of his defense in the DC case. He has to depend upon donations. If he goes to prison, his pension will be pulled and his wife, who is also disabled, will not have funds to live on. Yet someone had access to those funds and more.

The provisions passed in 1917 set the people up to be used as collateral for the currency. In exchange, the Federal Reserve Board, a for-profit, private enterprise with no more “federal” standing than Fed-Ex, had agreed to pay the debts of the government. That included the needs of the people.

Need a new car? Present a bill with your signature to the Custodian. The Banking Cartel had agreed to settle all debts in exchange for the rights to print the currency.

Today, the Department of Motor Vehicles claims the right to conscript the Manufacturer’s Statement of Origin when a new vehicle is purchased. The auto dealer is told to send it to STATE OF (home state). The private party who paid for the vehicle receives a Certificate of Title from DMV, “equitable title,” a “beneficial interest” to use the vehicle. Proof of Driver’s License is required for permission to use what was thought to be the private property of the one who “bought” it.

The Register of Deeds converts real estate transactions into a fee-simple Warranty Deed. The former owner is now subject to a Tenant (property) Tax to use the property. Building permits, restrictions, and fines accrue if one fails to maintain the property as specified by the owner. Fail to pay the Property tax for two years and the “tenant” can be forced off the land even if there is no mortgage.

“The Agents” are conscripting and claiming ownership of the people’s resources like clockwork for some undisclosed party. Why is the Agent not paying the debts of the people as required by law?

Title 31, Judiciary, traces how it requires the Judge, the Prosecutor, and the Public Defender in order to access the account in the “Defendant’s” name. Rod Class filed his paperwork to require the Prosecutor and the Public Defender to act as Trustee in order to honorably settle any accounts that were required in order to settle his DC Case. The Judge “denied” his paperwork, as he has denied countless pages which expose the grand swindle.

When a Judge accuses the “Defendant” of a war crime, the Judge can gain access the accounts set up to settle any debts. He can preside over the creation of court bonds, prison bonds, and gain access to municipal funding as “legal” bribes for looking the other way when he knows that a man is not guilty of any crime. He pads his retirement account as an agent for the Cartel.

As a War Criminal, Class has no rights and no remedy. The Judge can deny him access to the accounts, no matter that he files proper protocol, proves that he is not an enemy of the State, and places proof of the accounts. He has no means, method, nor duty to access the accounts. That is the Fiduciary Duty of the Judge and the Court acting as Bank on behalf of the Cartel.

A Judge does not have to prove that Class is an Enemy of the State. The charge itself is enough for the Judge and his cronies to access the accounts and put the spoils of war in their own pocket.

So Rod Class utilized the only choice left to him. He served notice that he is not a “US Citizen” under presumption of authority to the Corporations Posing as Governments. He filed proof of his Private Citizen Status.

The result: The Judge knows what Class has filed so he circumvents justice by failure to pick up the Registered Mail.

The comedy of errors has been well-documented by Class and his band of Researchers. The Trailer for the Documentary Series will be released in the coming days. The Source Documents Class teaches from reveals the truth of the methods used by the Cartel to take over every function of government while the people weren’t paying attention. For more information, contact info@adventuresintosoevereignty.com. Request information on the E-Learning Course that is in production to reveal the Source Documents from the Congressional Record, from various Acts, and from a deep understanding of the Statutes and Codes that have allowed a Judge to treat himself and his cronies to the “spoils of war” at the people’s expense.

Class has placed his paperwork in an archive that is readily available on the internet. His teaching is freely available on the AIB Radio Network on Talkshoe.com. Various international organizations, including New Earth Nation, have his back. An International Tribunal is under organization to hold these illegal Agents and the Corporations posing as Government accountable to the Rule of Law.

This article was written with help from the Rod Class Research Network by Rebecca Cope, Co-ordinator, New Earth Nation Law Academy. For information about the International Tribunal for Natural Justice contact Rebecca@humanitad.org

Aisha North: A short update on the energies,
November 5, 2014



A short update on the energies
November 5, 2014
by Aisha North

By now, many of you have already become quite adept at floating in these very new waters, and with this proficiency also comes a confidence that will help not just you, but so many in your vicinity as well. Let us explain. For you are the forerunners in every sense of the word, and now, as you have dared to go where no man has gone before you, you have entered virgin territory with the totality of your being, and as such, you have also made that old well of ancient knowledge available to all those who dare to go and seek it. You see, this task is not for all, for as you have already been told, your paths will in many ways begin to diverge more and more now, as you each step up to your individual tasks. And so, you will all feel that inner calling stirring you into action, and it will do so at a time and in a way that is perfectly suited not just to your personal needs, but also to those of the collective.

In other words, even if you at times may find yourself on what will seem to be a lonely path indeed, know that every step you take will be for the betterment of all, and not just the few. Indeed, what any of you do, even the simplest of little every day things, you do for ALL, for by now, everything you do will be imbued with this very New energy. And so, no matter where you are or what you do, you will continue to bring this New energy out into your world in every way and in every day, with the very presence of your being and with the very pulse of your beating heart. For now, more than ever, you are indeed living, breathing examples of the New World, embodied within that same familiar physical frame that you have carried from your very first breath in this incarnation, but then, nothing about you apart from that very superficial facade will ever be the same again. For as you stepped across that threshold that separates the New World from the old, you stepped away from any and all inhibitions that still clung to your frame in your previous lives, and as such, you are totally NEW in every sense of the word that you can think of, and then some. And with this newness comes a whole new way of BEing, a way of truly living from the heart, enabling this New energy to flow forth freely. Not just in you, but through you and out into this world that will still look very much the same to so many of you, but that in essence will also show itself to be completely New.

So again we say go forth with your head held high and your heart wide open, and know that as you do just that, love will flow out in all directions, and your energetic footprints will last longer than those supposedly left by the men that visited your moon all those years ago. For unlike the less permanent vibration that saturated the old world, this New energy is a permanent one, one that cannot be erased, evicted or removed in any way – no matter how hard some of your fellow men will try to do just that. For make no mistake, you are still not in majority on this planet, for it is still only a chosen few who have chosen to step across that divide and fully embrace the New. And when we say chosen, we use that word fully knowing that to some, it will suggest a way of putting some above others. But in this, nothing could be more wrong, for in this, it is entirely up to each and every one of you to decide whether or not you are to be amongst the chosen ones, for it is YOU who choose to enter the New, no one else can or will do that for you.

And so, as your numbers are still limited compared to that vast sea of humanity that surrounds you on all sides, know that amongst this vast sea of humanity, there are a multitude of shining souls getting ready to take that last decisive step and join you on your side of this divide, while at the same time, there is a small number getting ready to dig their feet in even deeper in the old trenches, and again, they will not make themselves go unnoticed in any way.

Again, this is not said in order to ignite any fear in any one of you, simply as a way to remind you that your light is all-important in the time ahead, so do not make the mistake of trying to hide it away. For now, it is time for you ALL to stand tall and proud, so that your fearless light can bee seen from every direction, no matter how high the waves may become because of the insistence of a few shadow dwellers to remain unmoved but not unnoticed. So again we say know that you are more than protected, for you have chosen to step away from the fray, but also know that you can no longer hide your light from anyone around you. This will bring you so much joy in the time ahead, for you will see how your true light is being reflected back at you from more and more souls that begin to tune into their own true tune as well. But also know that your light will now, more than before, ignite the tendency to panic and fury that is still latent in those few unmoved souls that still try as hard as they can not to separate themselves from their old roles.

For as we have already told you, for some, the old holds more comfort than the new, no matter how brilliant it will seem to others, or no matter how much love they will find waiting for them there. And so, their gut reaction will once again be to dig themselves ever deeper into their small cubbyholes of fear, where they will – at least for now – feel more at home than if they were to step across that line and join you all in the land of the New. So again we say just stay in your light, and know that no matter what happens in the time ahead, it is all well, and it will all happen because the light is helping to tap away on every single closed door there is in order to help as many of your fellow men and women join you in joy and in love here in the brand New.

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare


Chase whistle-blower Alayne Fleischmann risked it all.
 Photo credit: Andrew Querner

http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106

The $9 Billion Witness: Meet JPMorgan Chase’s Worst Nightmare



Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking

BY MATT TAIBBI | NOVEMBER 6, 2014

She tried to stay quiet, she really did. But after eight years of keeping a heavy secret, the day came when Alayne Fleischmann couldn’t take it anymore.

“It was like watching an old lady get mugged on the street,” she says. “I thought, ‘I can’t sit by any longer.'”

Fleischmann is a tall, thin, quick-witted securities lawyer in her late thirties, with long blond hair, pale-blue eyes and an infectious sense of humor that has survived some very tough times. She’s had to struggle to find work despite some striking skills and qualifications, a common symptom of a not-so-common condition called being a whistle-blower.

Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing.

Back in 2006, as a deal manager at the gigantic bank, Fleischmann first witnessed, then tried to stop, what she describes as “massive criminal securities fraud” in the bank’s mortgage operations.

Thanks to a confidentiality agreement, she’s kept her mouth shut since then. “My closest family and friends don’t know what I’ve been living with,” she says. “Even my brother will only find out for the first time when he sees this interview.”

Six years after the crisis that cratered the global economy, it’s not exactly news that the country’s biggest banks stole on a grand scale. That’s why the more important part of Fleischmann’s story is in the pains Chase and the Justice Department took to silence her.

She was blocked at every turn: by asleep-on-the-job regulators like the Securities and Exchange Commission, by a court system that allowed Chase to use its billions to bury her evidence, and, finally, by officials like outgoing Attorney General Eric Holder, the chief architect of the crazily elaborate government policy of surrender, secrecy and cover-up. “Every time I had a chance to talk, something always got in the way,” Fleischmann says.

This past year she watched as Holder’s Justice Department struck a series of historic settlement deals with Chase, Citigroup and Bank of America. The root bargain in these deals was cash for secrecy. The banks paid big fines, without trials or even judges – only secret negotiations that typically ended with the public shown nothing but vague, quasi-official papers called “statements of facts,” which were conveniently devoid of anything like actual facts.

And now, with Holder about to leave office and his Justice Department reportedly wrapping up its final settlements, the state is effectively putting the finishing touches on what will amount to a sweeping, industrywide effort to bury the facts of a whole generation of Wall Street corruption. “I could be sued into bankruptcy,” she says. “I could lose my license to practice law. I could lose everything. But if we don’t start speaking up, then this really is all we’re going to get: the biggest financial cover-up in history.”

Kenyan Doctors Find Anti-Fertility Agent
in UN Tetanus Vaccine



Featured Image American Spirit / Shutterstock.com

http://brownpelicanla.com/issue/brown-pelican-la/article/lifesitenews-a-mass-sterilization-exercise-kenyan-doctors-find-anti-fertility-agent-in-un-tetanus-vaccine1

LifeSiteNews: ‘A Mass Sterilization Exercise’: Kenyan Doctors Find Anti-Fertility Agent in UN Tetanus Vaccine

Fri, Nov 07, 2014
By Steve Weatherbe, LifeSiteNews, Nov 6, 2014

...Kenya Catholic Doctors Association stated, “This proved right our worst fears; that this WHO campaign is not about eradicating neonatal tetanus but a well-coordinated forceful population control mass sterilization exercise using a proven fertility regulating vaccine. This evidence was presented to the Ministry of Health before the third round of immunization but was ignored.”...

Kenya’s Catholic bishops are charging two United Nations organizations with sterilizing millions of girls and women under cover of an anti-tetanus inoculation program sponsored by the Kenyan government.

According to a statement released Tuesday by the Kenya Catholic Doctors Association, the organization has found an antigen that causes miscarriages in a vaccine being administered to 2.3 million girls and women by the World Health Organization and UNICEF. Priests throughout Kenya reportedly are advising their congregations to refuse the vaccine.

“We sent six samples from around Kenya to laboratories in South Africa. They tested positive for the HCG antigen,” Dr. Muhame Ngare of the Mercy Medical Centre in Nairobi told LifeSiteNews. “They were all laced with HCG.”

Dr. Ngare, spokesman for the Kenya Catholic Doctors Association, stated in a bulletin released November 4, “This proved right our worst fears; that this WHO campaign is not about eradicating neonatal tetanus but a well-coordinated forceful population control mass sterilization exercise using a proven fertility regulating vaccine. This evidence was presented to the Ministry of Health before the third round of immunization but was ignored.”

But the government says the vaccine is safe. Health Minister James Macharia even told the BBC, “I would recommend my own daughter and wife to take it because I entirely 100% agree with it and have confidence it has no adverse health effects.” Oddly, his phrasing suggests neither has actually received the vaccine.

And Dr. Collins Tabu, head of the Health Ministry’s immunization branch, told the Kenyan Nation, that “there is no other additive in the vaccine other than the tetanus antigen.”

Tabu said the same vaccine has been used for 30 years in Kenya. Moreover, “there are women who were vaccinated in October 2013 and March this year who are expectant. Therefore we deny that the vaccines are laced with contraceptives.”

Newspaper stories also report women getting pregnant after being vaccinated. Responds Dr. Ngare: “Either we are lying or the government is lying. But ask yourself, ‘What reason do the Catholic doctors have for lying?’”  Dr. Ngare added: “The Catholic Church has been here in Kenya providing health care and vaccinating for 100 years for longer than Kenya has existed as a country.”

The Way Frozen Bank Accounts are used by the West

Gaddafi was just a bit overboard in the wardrobe department

What isn't stated in this article is how many trillions in derivatives can be created from the "frozen money"... and its money they likely won't have to release for quite a while... -AK


http://www.veteranstoday.com/2014/11/06/neo-how-are-frozen-bank-accounts-used-by-the-west/

Thursday, November 6th, 2014
Posted by Jim W. Dean

NEO – How are Frozen bank accounts used by the West?
The Way Frozen Bank Accounts are used by the West
…  by  Sofia Pale,   …  with  New Eastern Outlook, Moscow
________
               

[ Editor's note: Sofia Pale takes us into the murky waters of asset confiscation and the under the radar scandal it has become. Identified and seized funds seem to remain under control of the banks holding them for their use for years and years.

When we first heard the stories of Gaddafi’s hidden stolen funds being run down by investigators, we expected a repatriation delay while the new government was going through its birthing process.

But here we are nearing the end of 2014, and we learn that the banks are still sitting on most of those billions.

An unknown part of this story is how the “non bank” assets of Mr. G have been looted via a “finders keepers” game. We first learned through our sources that entire warehouses of Gaddafi-stashed goods in France were just being grabbed by those lucky enough to get there first, with no, or “adjusted” accounting being made to the Libyan government.

Much of this was driven by a cold unfortunate reality, “If I don’t steal it, the next guy coming behind me will, so the Libyan people will never see it anyway… so better me than the other guy.” France of course might have felt they deserved to be refunded its out-of-pocket no-fly-zone expenses.

The public knows little about this, and governments and politicians like that just fine. Why?... because most of this “captured” wealth will end up in political coffers, which are always hungry, and that builds great loyalty when the loot is divided among the faithful... Jim W. Dean ]


- First published  …  March 5, 2014 -

By 2005, thanks to the recommendations of international organizations for combating economic crime, Transparency International and the Financial Action Task Force on Money Laundering (FATF), as well as the UN, the OECD, and the European Union adopted the relevant directives, allowing to freeze bank accounts of the so called “politically exposed people” (PEP). The main task was to combat tax evasion and other financial frauds.

Since accounts of PEPs are usually registered in the name of nominees in offshore jurisdictions, sometimes it is very difficult to track the real beneficiaries officially (i.e., true owner of the accounts).
The UK was the first to address this problem in 2012-2013, by ordering its banks to disclose all real beneficiaries in their corporate registries. Britain has always been a favourite place for concealing illegally acquired funds of foreign PEPs. Soon, other EU countries followed its example.

Gulnara Karimova,
businesswoman
and older daughter of
Uzbekistan’s President
It is because of these new rules that daughters of Uzbek President Islam Karimov lost over $1 billion in 2013. Since they are hardly able (even through the efforts at the government level) to prove the legality of such huge amounts of money, we can think that this amount will stay on the accounts of European banks forever. This case was not a unique instance after the introduction of the new rules.

Being inspired by the success of appropriating illegally acquired wealth of foreign PEPs who believed in the inviolability of their deposits in safe European banks until recently, Europe did not stop at that, and went further.

Following the successful example of the UK in February 2014, the European Union also adopted provisions for the establishment of registers of ultimate owners of companies and trusts in the EU countries.

Given that, according to the Bloomberg agency, more than $1 trillion is concealed from taxes in Europe annually, the “cash crop” is going to be rich for European banks. The rules have been tightened so much that the funds on the accounts are frozen in case of “suspicious transactions” at first, and then an investigation is conducted from what source – legal or not – the money was received.

This blog is supported by ads and donations. If you enjoy this blog please consider supporting it with a contribution via PayPal.