Parex Bank, Ivory Coast, Laurent Gbagbo, Oleg Boiko

Posted on May 25, 2012 by admin1

Below is the link to a Latvian news article about arms smuggling in Africa.

The article states that in 2004, the French peacekeeping force in Ivory Coast was assaulted by SU25 bombers and military helicopters from Belarus. Nine French soldiers died.

The bombers and helicopters were discovered to have been ordered and paid for by “R. M. Holdings” of Latvia.

The article explains connections with Laurent Gbagbo and Oleg Boiko.

The article does not explain two connections with Parex Bank. Oleg Boiko’s company Union Bancorp, Inc. is a minority shareholder in Parex Bank. And, Robert Montoya Holdings is a minority shareholder in Parex Bank.

Oleg Boiko is well known in Latvia because after the assets disappeared from his bank in Russia, he moved to Latvia and immediately received a banking license for Baltic Transit Bank and a casino license for Vegas Casino.

http://nra.lv/latvija/67579-ekskluzivi-latvijas-privatfirma-bombardejusi-rietumafriku.htm

Parex Bank gave Vladimir Putin’s friend $111 million UPDATED

Posted on March 28, 2012 by admin1

Here is an article about an interesting transaction that Parex Bank booked as a “loan.”

Parex transferred $111 million to Vladimir Putin’s good friend Eduard Khudainatov in 2006. Apparently, there was no collateral. The auditors from Ernst & Young must have known about this.

Now in 2012, Khudainatov refuses to pay the money back. The entire loss will be suffered by Latvian taxpayers. Nobody is being prosecuted, as usual.

UPDATE: A new article has been added below with more details. An amazing quote is included from the Reverta lawyer, speaking about Parex Bank, “During change of ownership in 2008, the former shareholders stole certain documents pertaining to key bank deals with Russian customers.” The implication is that this “loan” money has been stolen and documents have been stolen to protect the thieves and the EBRD lied to the world when it claimed in 2009 that Parex Bank was a wonderful investment for taxpayers.

pdf snapshot of Pietiek article from 18 March 2012:

Putin loan

link to article, unless it has been censored by the Latvian authorities:

http://www.pietiek.com/raksti/parex_no_putinam_pietuvinata_uznemeja_strukturas_grib_piedzit_100_miljonus

pdf snapshot of BNE article from 12 November 2012:

www-bne-eu

link to article, unless it has been censored by the Latvian authorities:

http://www.bne.eu/storyf4214/Latvias_bad_bank_gunning_for_Rosneft_deputy

Transparency International, Delna, Parex Bank

Posted on March 28, 2012 by admin1

Transparency International’s Latvian affiliate Delna announced the 2011 Corruption Perceptions Index at the former office of Parex Bank. Here is a comment from Delna Director Kristaps Petermanis:

On a more jolly note, we announced the 2011 CPI in the former Parex premises on Valdemara Street 8 http://twitpic.com/7mh7tb, because Parex to a great extent symbolizes the corruption related ills we have in Latvia. We made the 2010 CPI announcement at the Southern Bridge that was that year’s corruption symbol.

Isn’t it interesting that Transparency International believes that Parex “symbolizes the corruption” in Latvia and yet Parex is funded directly by the EBRD and Latvian government and indirectly by the European Union, World Bank, and IMF?

Here is a photo of the event:

Transparency International at Parex Bank

EBRD fraud explained in video

Posted on March 28, 2012 by admin1

This is a video that appeared on Youtube in October 2011.

The European Bank for Reconstruction and Development (EBRD) committed a multi-billion-euro fraud against the whole world by conducting a fake purchase of Parex Bank stock in 2009.

http://www.youtube.com/watch?v=jlqoTPM2LA4

SFO Director Richard Alderman signed false letter to Parex Bank whistleblower

Posted on March 28, 2012 by admin1

The British Serious Fraud Office (SFO) refuses to take action regarding the multi-billion-euro fraud crime committed by the European Bank for Reconstruction and Development (EBRD) with regard to Parex Bank stock.

The first item below is a letter from the SFO to Parex whistleblower John Christmas and is signed by SFO director Richard Alderman. The letter claims that there was no EBRD fraud, even though Christmas’ original letter contained clear evidence of a huge fraud.

Christmas requested clarification from the SFO. The second item below is an email from the SFO to Christmas. This second reply contradicts the first reply. The reason why the SFO will not take action is because they don’t want to get involved, even though the EBRD is based in London and therefore is in the jurisdiction of the SFO.

That is a shame, because the refusal of the SFO to act only means that the Latvia/Parex fraud bubble continues to grow with the ironic result that thousands of Latvian people are forced to move the United Kingdom every month as economic refugees…

letter from SFO

email from SFO

Parex Bank fraud at London Stock Exchange

Posted on March 28, 2012 by admin1

This is the false document that Parex Bank filed with the London Stock Exchange in May 2010.

The document claims that all Parex shareholders have equal status. However, in reality the European Bank for Reconstruction and Development (EBRD) had a higher status because it had a secret “put option” negotiated with the majority shareholder, the Latvian government.

This is the most likely explanation why, when Parex split into “bad bank” Parex and “good bank” Citadele, the only minority shareholder receiving Citadele stock was the EBRD.

Sadly, the false filing is unlikely to result in legal action. The British Financial Services Authority (FSA) knew about fraud and money laundering crimes at Parex for many years and chose to take no action while Parex borrowed hundreds of millions of euros in London. That money disappeared and the loans were paid back by the Latvian government using bailout money borrowed from the European Union.

This story has been completely censored in the Latvian media.

pdf snapshop from 20 March 2012:

false London filing

link:

http://www.rns-pdf.londonstockexchange.com/rns/8408L_-2010-5-13.pdf

EBRD fraud explained in letter

Posted on March 28, 2012 by admin1

This letter by John Christmas to the British Serious Fraud Office (SFO) explains a multi-billion-euro fraud crime committed by the European Bank for Reconstruction and Development (EBRD) against all of the people in the world.

Specifically, the letter explains the “put option” fraud when the EBRD bought Parex Bank stock from the Latvian government.

This fraud has been censored in the Latvian media. Some attachments to the letter used to be at dissident website Kargins.com, but that was later censored by the Latvian government.

EBRD fraud letter

United States Department of Justice, Daimler, Parex Bank

Posted on March 28, 2012 by admin1

On 1 April 2010, the United States Department of Justice announced a settlement with Daimler AG of $185 million for paying bribes in Latvia and other countries.

Latvian authorities refuse to prosecute the bribe recipients and intermediaries.

The Latvian media refuses to mention Parex Bank in articles about the Daimler settlement even though Parex financed the transaction.

pdf snapshop:

USDoJ Daimler

link:

http://www.justice.gov/opa/pr/2010/April/10-crm-360.html

United States Department of Justice, Daimler, Russia, Latvia

Posted on March 28, 2012 by admin1

The following document contains some details from the United States Department of Justice case against Daimler AG, dated 22 March 2010.

Bribes to Russian officials went to Latvian bank accounts.

Shortly after the announcement of the Daimler settlement came an announcement that HP also paid bribes to Russian officials through a Latvian bank. Those bribes were paid to the Russian Prosecutors Office.

Nobody has been prosecuted anywhere for any of these crimes.

pdf snapshop:

Daimler Russia

link:

http://www.justice.gov/criminal/fraud/fcpa/cases/daimler/03-22-10daimlerrussia-info.pdf

United States Department of Justice, Solaris Bus, Gundars Bojars, Viktor Vekselberg

Posted on March 28, 2012 by admin1

This document from the United States Department of Justice indicates that a company paid bribes to Riga City politicians to sell buses in 2000.

The accusation must refer to the sale of buses from Solaris of Poland to Riga Transportation (formerly Imanta and Talava). The sale was financed by Parex Bank.

Nobody has been prosecuted. The names “Solaris” and “Parex” have been censored from all Latvian media articles on the subject. And, Solaris continues to sell buses to Riga now in 2012.

Interestingly, the Latvian media did determine that former Riga mayor Gundars Bojars must have been involved. Bojars’ involvement is not surprising since he was also involved in the notorious ”Baltic Kristina” deal with Parex. Nobody was prosecuted in that case, either.

Bojars is currently free and rich. He is cooperating with Russian oligarch Viktor Vekselberg to construct a new building for the Latvian State Revenue Service.

pdf snapshot:

USDoJ Solaris

link:

http://www.justice.gov/criminal/fraud/fcpa/cases/daimler/03-22-10daimlerag-info.pdf