Latvia Uzbek KGB Connection

Rebaltica has published articles about connections between Latvia and Uzbekistan.  The research is excellent.  Our only complaint is that Rebaltica continues to promote the myth that Parex Bank collapsed because of the Global Crisis when actually it collapsed because of internal fraud.  Also Rebaltica refuses to publish articles about the fraudulent 2009 Latvia/EBRD bailout of Parex even though the fraud was confirmed by the government in 2014.

The new articles are about “former” KGB agent Yuri Savitsky (Jurijs Savickis) who is Gazprom’s key man in Latvia, Kremlin-linked Parex Bank, and AB.LV which took over many Parex deposits after the EBRD bailout fraud, which all had relationships with the corrupt regime that looted Uzbekistan.

These Uzbek revelations highlight a serious problem that has been ongoing for 25 years, ever since Latvia’s so-called “independence” in 1991.  The Latvian government is controlled by offshore bankers from the KGB.

In 2005, a whistleblower gave a detailed list of material frauds at KGB-linked Parex Bank to Latvian authorities and the US Treasury provided money laundering information about KGB-linked Multibanka (Skonto) and KGB-linked VEF Banka (Savitsky).  This was the pivotal moment when any rational person who previously doubted that the KGB controlled the supposedly-democratic government could not be in doubt anymore.

Prime Minister Aigars Kalvitis made beautiful speeches about how he would lead a big crack-down.  And then he did nothing.  Nobody was prosecuted.  Billions of euros of public money disappeared into the black hole of the KGB and the full loss went to taxpayers with nobody being held accountable.

Latvia should have been suspended from the EU and NATO immediately, and not re-admitted until Latvia prosecuted and imprisoned the KGB bankers in order to prove that (1) the government was really a constitutional democracy and (2) the government really shared values with the EU and NATO.

Unfortunately, EU and NATO officials chose instead to delude themselves that Latvia has rule-of-law even though it obviously doesn’t thus allowing Latvia’s KGB Oligarchy to perpetuate itself.

When you read these articles about the KGB bankers in Latvia looting Uzbekistan, please keep in mind that these people have looted a lot of other countries including Latvia and they still control the Latvian government today.  Savitsky is Gazprom’s intermediary (Itera) in Latvia.  Savitsky appointed Kalvitis to run company Latvian Gas (the natural gas monopoly).  The Parex oligarchs are enjoying over a billion euros that disappeared from Parex while government officials continue to lie that Parex collapsed because of “Sweden” and the Multibanka oligarchs are enjoying over a billion euros that disappeared as their construction company Skonto has overcharged the government often by 200% or 300% on major state projects.

Don’t be fooled by Media articles claiming that ethnic-Russian politicians like Tatjana Zdanoka and Nils Ushakovs are pro-Kremlin and ethnic-Latvian politicians like Aigars Kalvitis, Ivars Godmanis, and Valdis Dombrovskis are pro-Latvia.  They are ALL pro-Kremlin because they are ALL actively protecting KGB activities in Latvia.

We will only believe that Latvia is a rule-of-law democracy when the oligarchs behind Parex, AB.LV, Multibanka, and VEF Banka are in prison, and their wealth has been confiscated and returned to the taxpayers of Latvia, Uzbekistan, and other victimized countries.

http://www.rebaltica.lv/en/investigations/uzbeks_in_latvia

Spain issues Warrants

A Spanish judge has issued warrants for Vladimir Putin’s inner circle, a group of top government officials linked with the Tambovskaya Mafia of St Petersburg.  The officials include Vladislav Reznik, Nikolai Aulov, Dmitry Kozak, Viktor Zubkov, Anatoly Serdyukov, Igor Sobolevsky, and Leonid Reiman.  Reiman has been a regular visitor to Latvia for years because he banks in Latvia.  His business rival Leonid Rozhetskin was assassinated in Jurmala in 2008.

Gennady Petrov, a top figure in Tambovskaya, was arrested in Spain in 2008 however later was allowed to visit Russia.  He is still in Russia living free today.  Spain also issued a warrant for his billionaire friend Mikhael Chernoy however Chernoy is protected by the Israeli government.

We at LawlessLatvia are extremely happy that a government in the West has taken action against Putin’s oligarchs.  Hurray for Spain!

The United States has issued warrants in the past for Putin’s associates Semyon Mogilevich and Dmitry Firtash.  However Mogilevich is protected by the Russian government and Firtash is protected by the Austrian government.

Shame on the United Kingdom for hosting some of Putin’s oligarchs for 20 years without issuing warrants for them.  The UK seems to have a strategy of protecting oligarchs because of a perceived belief that the UK benefits from allowing oligarchs to spend stolen money in the UK.

Perhaps the new Spanish warrants will cause people to think of the banks in Latvia and Lithuania which are linked to Putin.  Parex Bank of Latvia was identified by the media long ago for being linked to Tambovskaya.  And, Ukio Bank of Lithuania was recently identified in the Panama Papers for transferring massive corrupt payments to Putin’s apparent nominee.

Many assets of Parex Bank disappeared in 2008.  Latvia nationalized the bank and partly re-privatized it to the European Bank for Reconstruction and Development (EBRD) in a deal that was confirmed fraudulent when Latvia reversed the privatization five years later because of a secret guarantee.  Meanwhile, Parex oligarch Valery Kargin moved to Russia.

Many assets of Ukio Bank disappeared in 2013 and again the EBRD organized mysterious deals at public expense to hide the truth from the public.  Meanwhile, Ukio oligarch Vladimir Romanov also moved to Russia.

Officials in Europe and the United States refuse to investigate clear fraud evidence provided by whistleblowers in both cases, apparently to protect the EBRD.  And, the Media continues to produce false articles blaming the collapse of Parex and Ukio on the Global Financial Crisis rather than internal fraud and embezzlement, while praising the EBRD for rescuing Latvia and Lithuania.

Hopefully the Spanish warrants will wake up some Western officials to the fact that the disappearance of Parex and Ukio assets was not caused by the Global Financial Crisis and the EBRD is using Western taxpayer money to cover-up for Putin’s money launderers.

article:  http://world.einnews.com/article/324398432/-iYLdPMrOfopZvI8

Latvia launders for Russian General Prosecutor

People following Russian events have been watching and reading about Alexei Navalny’s new YouTube video about outrageous crimes involving the family of Vladimir Putin’s General Prosecutor Yuri Chaika.  Chaika is connected with a gang of rapists and murderers and family members have become very rich from corruption.  As usual, the money was laundered by the Latvian Proxy Network.  We continue to wonder when the West will wake up to the global threat of the Putin Regime.  Currently, the European Bank for Reconstruction and Development and Eurostat are using our taxes to fraudulently fund and protect the Latvian Proxy Network thus strengthening Putin.

http://www.lsm.lv/en/article/politics/navalny-chaika-money-was-laundered-via-latvia.a159194

UPDATED: Offshore Alert conference

John Christmas, the exiled whistleblower in the multi-billion-euro Parex Bank fraud and EBRD cover-up, spoke at the Offshore Alert conference in London on November 24.  Even though thousands of bureaucrats in dozens of countries have known about this fraud for years, they are taking no action while the fraud continues to grow larger and ruin the lives of millions of people in Eastern Europe.  Speaking together with John was Stephanie Gibaud, Sakharov prize nominee and UBS whistleblower:

Screenshot (1)

Screenshot (2)

This is the full slideshow:

Christmas OffshoreAlert Nov 2015 final

UPDATE:  This is the YouTube video from the conference, Christmas’ presentation is number 15 in the series:

Rubess: Parex/Citadele “no longer criminal”

Baiba Rubess, a long-time board member at Citadele Bank, has declared to exiled and terrorized Parex/Citadele whistleblower John Christmas that Parex/Citadele is “no longer criminal.”  This is interesting because Parex/Citadele never announced that they were criminal in the first place and nobody ever got prosecuted when over a billion euros disappeared and the bank was caught intermediating huge bribes (Daimler, Solaris, Alstom, Kempmayer, TeliaSonera, etc.).  In fact, the government has been telling the voters since 2008 that the collapse of Parex and the national economy was caused by “Sweden.”

If Parex/Citadele wants to change from being a “criminal organization” to being a lawful organization, then it will have to take certain steps: (1) admitting that all Parex annual reports were materially fraudulent from at least 1998 to 2008, (2) admitting that the EBRD bailout in 2009 was fraudulent, (3) admitting that all Citadele annual reports from 2010 onwards have been materially fraudulent because the EBRD transaction was not explained truthfully.

Prosecutions for all Citadele directors would be an easy straight-forward slam-dunk since, following a five-year cover-up, the prime minister admitted in 2014 that the 2009 EBRD/Parex/Citadele deal was fraudulent.  However the prosecutors are instead focusing on their efforts to put Parex/Citadele dissident Ilmars Poikans in prison to punish him for being honest.

The Latvian media speculates that Ms. Rubess might become the head of Rail Baltic, in keeping with government policy of appointing Oligarch loyalists to important positions.

We at LawlessLatvia are still wondering when anyone in Washington or Brussels will wake up to what is happening in Latvia.

 

Russian nuke exec launders through Latvia

Link

It happened again.  Yet another massive money laundering scandal in Latvia.  Of course, this should be no surprise since Latvia never prosecutes anyone even when foreign governments hand completed investigations to Latvian officials.  Latvia’s only efforts have been directed at whistleblowers – terrorizing them to make them shut up.  Since there are only a tiny number of people who benefit (the Oligarchs and their cronies) and millions of people who are hurt (Latvians, Russians, Europeans, Americans) it is really amazing that the Western governments allow this racket to continue.

http://www.investing.com/news/world-news/russian-nuclear-exec-pleads-guilty-to-arranging-$2-million-in-bribes-359401

UPDATED: Latvia versus Moldova

In 2008, when the public discovered that $1 bln disappeared from Parex Bank of Latvia, the government fought long and hard to cover-up for the Oligarchs.  The government chased the first whistleblower into exile and started a “show trial” prosecution of the second whistleblower, at the request of offshore bank AB.LV.  Many accounts from Parex moved to AB.LV when Latvia and the EBRD bailed out Parex in what was later revealed to be an Enron-style cover-up featuring a secretly reversible share transfer designed to help Latvia temporarily overstate income and understate debt while actually increasing the total bailout expense to taxpayers.  In 2015, when the public discovered that $1 bln disappeared from three banks in Moldova, with the cash moving through AB.LV, Latvijas Pasta Banka, and Privatbank (Latvia), something different happened.  Moldova ordered an investigation (Latvia never investigated Parex) and the Speaker of the Parliament published the investigation on his blog (in Latvia the Prime Minister lied to voters that “Sweden” caused the crash).  Moldova is attempting to recoup the lost money, and the responsible Oligarch is under house arrest and expected to spend the rest of his life in prison.  Contrast this to Latvia where the government made no attempt to recoup the money and the Oligarchs are free enjoying life in their Jurmala palaces.  Maybe Latvia can learn something from Moldova?

investigative report from Kroll:

Kroll_Project Tenor_Candu_02.04.15

 

OCCRP wins prize for exposing Latvia

The OCCRP won recognition from the European Press Prize for exposing part of the “Latvian Proxy Network” racket by which government-protected banks launder billions of dollars for organized crime groups.

http://www.europeanpressprize.com/

This was the article:

https://reportingproject.net/the-russian-laundromat/

The OCCRP also released a video about the assassination network used by the “Latvian Proxy Network” identifying Alexander Antonov as the big boss.  Antonov was shot in 2009 when he was trying to buy AP Bank (Swiss) from Parex oligarch Valery Kargin.  The fact that this bank is currently owned by the EBRD following a fraudulent bailout using our tax money was unfortunately omitted from the article and video and therefore the “Latvian Proxy Network” continues to operate with impunity.

Anyway, it’s great that some brave journalists are educating the public about some of the crime in Latvia.

https://www.youtube.com/watch?v=RzK_tLgXN_w&feature=youtu.be

Paul Volcker is the new Jimmy Carter?

From 1972 to 1991, rogue bank BCCI ran a racket using the corrupt government of Panama for protection as it provided deposit services to crooks from Colombia.  BCCI convinced former American president Jimmy Carter to promote them by tricking him that they were not corrupt and they were helping to develop the Third World.  When the bank was shut down in 1991, it was discovered that all of its annual reports signed by Big Four auditors were fake and actually the bank was never profitable because it was booking “loans” which were transfers to crooks who never intended to repay.

Starting from 1993 and still continuing today, rogue bank Parex/Citadele is running a racket using the corrupt government of Latvia for protection as it provides deposit services to crooks from the former Soviet Union.  Citadele has convinced former Federal Reserve chairman Paul Volcker to promote them, and amazingly he has agreed even though the Latvian Prime Minister has (after fraudulently winning the October election) admitted that the Latvia/EBRD/Parex bailout in 2009 was a deception with a secretly reversible share transfer.

How large with the fraud grow?  How many millions of people’s lives will be ruined?  Will Parex/Citadele/Latvia/Volcker be able to surpass the old record set by BCCI/Panama/Carter?

http://www.marketwatch.com/story/ex-fed-chairman-volcker-buys-stake-in-latvian-bank-2014-12-11-64855141

TeliaSonera and Parex Bank

 

Parex Bank got caught again.  Parex organized the bribery for TeliaSonera in Uzbekistan.  More than 64 million euros of bribes went through Parex to the family of  President Islam Kerimov.

A bit of progress – LSM in Latvia has been regularly reporting these large crimes.  In the past, when Parex organized the bribery for Daimler and Alstom in Latvia, the stories did not appear in the press.

But some things haven’t changed.  The Latvian regulator FKTK still won’t punish anyone for anything.

Something to keep in mind for all people from the 65 countries where taxpayers support the European Bank for Reconstruction and Development – your tax money fraudulently funded the bailout of the offshore deposits at Parex when its assets were embezzled in 2008.

http://www.lsm.lv/en/article/economics/economy/regulator-downplays-swedish-bribery-scandal.a109879/