Eurostat communicates!

Dear LawlessLatvia fans,

Something amazing happened. For the first time since the EBRD-Eurostat-Dombrovskis cover-up campaign began eleven years ago, Eurostat has in a way communicated with me. They won’t talk directly and won’t acknowledge that they know I exist. However I was messaging with a journalist and he was asking them questions and they were uncharacteristically responding to him.

As we know, the assets of Parex were fake for many years because of their policy of making related-party loans and booking them fraudulently. This sort of ‘lending’ (actually, embezzlement) can continue as long as a bank is growing however is exposed if a bank has to deleverage.

In 2009, Valdis Dombrovskis was Prime Minister and he signed a deal which gave the appearance that Latvia sold a stake in Parex to the EBRD. If this was true, then it meant that the EBRD thought Parex was solvent.

Then, Dombrovskis won re-election because, according to himself, he rescued Latvia from ‘Sweden.’ The oligarchs are still probably laughing in their palaces about how anyone believed that stupid make-believe story.

After Dombrovskis was re-elected, I managed to get confirmation from the Dutch Parliament that he didn’t really sell a stake to the EBRD in 2009 because of a secret side-deal with the EBRD which they called a ‘put option.’

In 2014, the EBRD exercized the put option and Latvia reversed the 2009 privatization, paying a premium to the EBRD.

Explained more directly, Parex was worthless in 2009. It had been looted. Dombrovskis knew this and the EBRD also knew this. In order to protect the criminals who looted the bank and as an alternative to trying to recover the stolen money, Dombrovskis convinced the EBRD to buy the stake by secretly promising to reverse the transaction in 2014 after the election.

A surprise was that Eurostat was aware that he had done this and approved. Eurostat is responsible for integrity in EU statistics thus they were doing exactly the opposite of what they are supposed to be doing.

The first comment from Eurostat was that the amount of public money Dombrovskis secretly used to pay the EBRD was 100 million euros which is only 0.4% of GDP and therefore unimportant.

I countered that I believe 2 billion euros or more was embezzled from the bank, which means that the true cost to taxpayers was 2 billion plus 100 million euros. This was a significant part of GDP.

Eurostat countered that the amount of money that disappeared from the bank was only 800 million euros and therefore this transaction only caused Latvians to lose a total of 900 million euros which is ok.

Eurostat said that their rules allow member states to use put options and to keep the put options secret from voters and creditors. With Dombrovskis, the put option wasn’t even disclosed to rival political parties. It was designated as a state secret meaning that anyone who spoke of it would face criminal prosecution.

Calling a secretly negotiated reversion a put option doesn’t make sense. Eurostat indicated that if a put option is exercised, then the government must tell people about it, but not earlier. Eurostat rationalized that there was a possibility that the EBRD would not use the put option. But the only reason the EBRD ‘bought’ the stock in 2009 was because of the put option and they would have lost 100% of their investment if they didn’t use it!

We still aren’t sure when this will end since the Parex privatization fraud has been rolled over into the Citadele privatization fraud. According to Eurostat’s report on Latvia published in 2018 but read by almost nobody and not appearing in the Latvian media or Citadele annual reports, the sale of Citadele stock to the EBRD will also be reversed because of another secret put option.

Just wanted to keep everyone updated, especially since Dombrovskis is now European Commission Executive Vice President. Eurostat is aware of the ongoing cover-up and they could shut down the Latvian oligarchy and the largest money laundering racket in European history by reversing their decision to approve the so-called ‘put option’ however so far they are refusing to do their jobs.

Thank you,

John Christmas

All 2019 Articles

Here are the most important articles from 2019. We have pdf files also in case links go down because of bribery and threats. Sadly, there was no progress with law enforcement in Latvia in 2019. The prime minister is a criminal, the general prosecutor is a criminal, the European commissioner is a criminal, and the head of SAB is a criminal. The mainstream media is still publishing fake stories that Parex Bank collapsed because of the United States or Sweden and fake stories that Citadele Bank is cleaned up. Eventually, we hope Latvia will have an honest government and will prosecute and sue every person and institution that participated in the Parex looting and cover-up to recover billions of euros for the benefit of the Latvian people. It is possible. The corrupt former prime minister of Croatia is now in prison and the corrupt prime minister of Malta was forced to resign and is likely to be prosecuted thanks to a whistleblower, journalists who do their jobs, and activist citizens.

January 2020 (written in December 2019)

EU Today link

December 2019

video with evidence that Lembergs stole even more money than Kargin and Krasovitsky, however government is still pretending nothing happened

November 2019

Byline about Lagarde and Dombrovskis link

LSM about Parex oligarch Shefler giving orders to Riga City

Skaties about KGB oligarch Aven, very comfortable in Latvia

October 2019

Gobzems video, six million euros paid to Karins from Cyprus

Byline, Parex oligarchs still enjoying our money

Ir.lv, video about Skele still stealing our money

September 2019

EU Bubble in English

EU Bubble in Latvian

EU Bubble in Russian

Byline Times terrorism campaign against Parex whistleblower

August 2019

Byline Times Parex connected with Alexander Torshin

July 2019

Byline Andris Vilks loots Riga City

OffshoreCorpTalk Rietumu robs customers

Byline Parex fraudster Gene Zolotarev

Gobzems video about Romeiko, Karins, Maizitis, the same crooks who covered-up the Parex whistleblowing

The Shift News ABLV murder

June 2019

ManuelDelia.com Eurostat covering-up Parex looting

Tortoise Media ABLV murder

Byline Dombrovskis fraud

May 2019

Baltic Rim Economies, University of Turku

Skaties Karins bribe

April 2019

Byline Dombrovskis fraud

March 2019

Byline Znotina

February 2019

Byline Volcker

video by Ansis Pupols about corruption of Rimsevics

January 2019

Juris Kaza about Riga Riot and John Christmas

Byline corruption of Edward Lucas

Latvia Weekly Solaris bribery

All 2018 Articles

2018 was an excellent year for articles about the still-continuing Latvia-EBRD fraud racket which costs society billions every year.  We counted 23 articles published by 14 publishers in 7 countries.  Unfortunately it still isn’t enough because there has been zero reaction from Latvian authorities and EBRD staff who are still pretending to be unaware of the whistleblowing against them.  Hopefully we will smash the racket in 2019! We have pdf backups of all articles in case any links go down.

9 January 2018 Mold-Street (Moldova) – new LatviavEBRD video announced

https://www.mold-street.com/?go=news&n=6932

19 February 2018 Washington Post (USA) – Rimsevics arrested, Christmas recognized as whistleblower

https://www.washingtonpost.com/business/ap-exclusive-key-eu-banker-accused-of-bribery-russia-ties/2018/02/19/eb4be0ee-1590-11e8-930c-45838ad0d77a_story.html

16 April 2018 Byline (UK) – Christmas recognized as whistleblower

https://www.byline.com/column/81/article/2132

17 April 2018 Sven Giegold (Germany) – MEP raises questions with ECB

https://sven-giegold.de/giegold-calls-on-the-ecb-to-perform-a-tough-entry-check-for-the-latvian-citadel-bank

23 April 2018 New York Times (USA) – Christmas recognized as whistleblower

27 April 2018 Society for Baltic Security (Latvia) – Christmas recognized as whistleblower

www.lawlesslatvia.com/2018/05/the-society-for-baltic-security

3 May 2018 Byline (UK) – Citadele Bank exposed

https://www.byline.com/column/81/article/2152

31 May 2018 Baltic Rim Economies (Finland) – EBRD fraud explained

www.lawlesslatvia.com/wp-content/uploads/2018/06/BRE-May-2018.pdf

18 June 2018 Byline (UK) – Arnis Lagzdins exposed

https://www.byline.com/column/81/article/2203

25 July 2018 Byline (UK) – Double Coffee exposed

https://www.byline.com/column/81/article/2243

30 July 2018 BuzzFeed News (USA) – Anders Aslund exposed

https://www.buzzfeednews.com/article/ingaspringe/report-on-money-laundering-at-latvian-banks-raises

30 July 2018 Byline (UK) – Alastair Tulloch exposed

https://www.byline.com/column/81/article/2248

30 August 2018 Byline (UK) – Kargin and Krasovitsky families exposed

https://www.byline.com/column/81/article/2248

XX August 2018 Gatis Eglitis JKP (Latvia) – describes Parex bailout as a heist

Gatis Eglītis aicina kopīgi apturēt oligarhu 500 miljonu kampšanas projektu!

📣 Kopā apturēsim oligarhu ❗️500’000’000€❗️ kampšanas projektu! Šī afēra var viegli pārsniegt Parex glābšanas un OIK shēmu apjomus! 👉 Dalies ar šo ziņu un neļauj izšķiest pusmiljardu eiro šaubīgajā dzezceļa elektrifikācijas projektā, laikā, kad naudas trūkst tik daudzām vajadzībām! 👨‍👩‍👧‍👦#godigi #drosmigi #gudri #likums #kartiba #konservativie #jkp#2saraksts #jaunakonservativapartija #6oktobris2018

Posted by Jaunā konservatīvā partija on Thursday, August 16, 2018

30 August 2018 Byline (UK) – VIA SMS exposed

ttps://www.byline.com/column/81/article/2274

30 August 2018 Byline (UK) – more Kargin and Krasovitsky

https://www.byline.com/column/81/article/2275

31 August 2018 Ralfs Nemiro KPV (Latvia) – describes Parex bailout as a heist

Parex, sāga, kas mums 🇱🇻️ izmaksāja 2 miljardus!Man savu stāstu izstāstīja kāds Parex bankas tā laika vadošais…

Posted by Ralfs Nemiro “KPV LV” on Friday, August 31, 2018

25 September 2018 Bloomberg (USA) – Christmas recognized as whistleblower

https://www.bloomberg.com/news/features/2018-09-25/the-face-of-latvia-s-scandal-ridden-financial-system-is-caught-in-a-corruption-case

17 October 2018 Private Eye (UK) – Christmas recognized as whistleblower

www.private-eye.co.uk/special-reports/looting-with-putin

19 November 2018 Byline (UK) – Grigory Rabinovich exposed

https://www.byline.com/column/81/article/2343

4 December 2018 Byline (UK) – Anders Aslund exposed

https://www.byline.com/column/81/article/2364

27 December 2018 The Shift (Malta) – appeal to Dr. Edward Scicluna

30 December 2018 Latvia Weekly – Solaris Bus, Riga City

http://www.latviaweekly.com/2018/12/the-emperors-court-date-akenfelds-on.html

Society for Baltic Security 2018

The Society for Baltic Security ‘SBS’ held its Annual International Conference on April 27 and 28.  The conference was titled ‘Society. Person. Security – 2018’ and was sponsored by Riga Stradins University and Baltic International Academy.  Exiled whistleblower John Christmas made a presentation at the conference by video.

The conference marked the first time a truthful and public discussion was held in Latvia about the Latvian Financial Crisis which began in 2008 when the government transferred a quarter of the national budget to Parex Bank.  Earlier conferences organized by other groups censored two key aspects of the Parex bailout:  there was an ignored whistleblowing three years before and the privatization to the EBRD was fraudulent.

This is the program:

2018_SBSBSA_Programma.last.lv.ru.engl-2

This is the video: