Data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth.
Now who would leak that out?
From an article written in February of 2022, they revealed a nasty leak in Credit Suisse Bank. They come from all over the world, each associated with a different corrupt, authoritarian regime and each enriching themselves in their own way. But there is one thing that unites them: Where they kept their money.
The article reveals some dirty laundry, and in that pile of laundry are lots of money from such depositors as a Yemeni spy chief implicated in torture; the sons of an Azerbaijani strongman who rules a mountainous territory as his own private fiefdom; bureaucrats accused of looting Venezuela’s oil wealth and hastening its descent into humanitarian crisis, etc.
They come from all over the world, each associated with a different corrupt, authoritarian regime and each enriching themselves in their own way. But there is one thing that unites them: Where they kept their money. From politicians to a human trafficker and billionaire who ordered girlfriend’s murder; a Vatican-owned account used to spend €350m in allegedly fraudulent investment. When the scandal hit, Credit Suisse rejected allegations that it may be a ‘rogue bank’. My guess is they are fairly opened for everyone. They don’t discriminate.
One of the most notorious cases in Credit Suisse’s history involved the corrupt Philippine dictator Ferdinand Marcos and his wife, Imelda. The couple are estimated to have siphoned as much as $10bn from the Philippines during the three terms Ferdinand was president, which ended in 1986.
Credit Suisse, over its 166-year history has become one of the world’s most important financial institutions, with nearly 50,000 employees and 1.5 trillion Swiss francs in assets under management for 1.5 million clients, and with all of that it went down.
A new global investigation spearheaded by the German newspaper Süddeutsche Zeitung and OCCRP revealed, a lot of banking clients… but hey… we knew the billions of drug and other types of dark money had to be deposited somewhere and now we know where some of it was flowing in and out of, or deposited.
Journalists have obtained leaked records identifying more than 18,000 accounts belonging to foreign customers who stashed their money at Credit Suisse. The records are nowhere near a complete list of the bank’s clients, but they provide a revealing glimpse behind the curtain of Swiss banking secrecy.
I bet these depositors are not happy with Suisse right now???
Read: Historic Leak of Swiss Banking Records Reveals Unsavory Clients – OCCRP
From the link above, it states that Pavlo Lazarenko, who served a corrupt single year as prime minister of Ukraine between 1997 and 1998, opened two Credit Suisse accounts. One was later valued at almost 8m CHF (£3.6m).
Lazarenko, who reportedly lives in California, has resisted returning to Ukraine, where he still faces accusations he stole $17m. His lawyer said his Credit Suisse accounts had not been accessed for two decades and were frozen in connection with court proceedings against him.
It remains unclear why Credit Suisse allowed Lazarenko to open an account and deposit such huge sums in the first place, given his background; before entering politics, Lazarenko was a functionary in charge of a collective farm.
Lazarenko was later estimated by Transparency International to have looted $200m from the Ukrainian government, allegedly by threatening to harm businesses unless they paid him 50% of their profits. He pleaded guilty to money laundering in Switzerland in 2000, and was later indicted in the US for corruption and sentenced to nine years in prison in 2006 in relation to bribes received from a Ukrainian businessman.
How did they get away with this? Because while the KM Oligarchs were running the world and all that is in it, we and all humanity, were living in the show with fake news and propaganda. Not that any who didn’t know are to blame, and not that those who knew and no one believed them could have stopped any of it, but they got away with it because of the layers and layers of cover up and secrecy. Mind control has been so perfected that few can unravel every part we have bought into and we all bought into a lot!
For example…WHAT DOES THIS PICTURE TELL YOU?
If you are fake news it would mean the New York DA is behind Trump getting ready to make an arrest and Trump is the white EV being chased. They probably have drone footage showing how long he resists pulling over and the entire process until he is pulled over, crashes, near crashes… and or gives up and is pulled out and handcuffed. Or how he gets away going off into the grassy knoll.
If you are a Trump supporter, it means he has a motorcaid of protection and that only happens if you are the Commander in Chief. He has nothing to worry about and he is having a nice day.
If you are just tuning into the show, you may think this is normal at every golf course and nothing to see here so what’s the big deal?
They (lizard people) control our programming… how many heard about the bank leaks in 2022? That should have been on every news network and blasted so loud… but what were we being programmed with? J-6 threats, COVID jabs, and Ukraine war brewing and of course… Feb 6 Queen Elizabeth II became the first British monarch to celebrate a Platinum Jubilee, marking seventy years on the throne. (When we all know she was long gone and rubber masked.) Now you see how they make up fake news to hide real news and blast it like it’s real news and the only news you need to look at along with pushing toxic jabs. Come to think of it, that was brilliant for Trump et al, to use their own “Rubber Mask” tricks back at them! That must be driving them batty!
Now for the SUISSE BANK UPDATE: It’s not looking good for deep state power players!
Renato Cunha reports that “The fund that has lost the most since the Credit Suisse crisis, which is still ongoing, is BlackRock. That is, Rothschild, Rockefeller and DuPont families. This, once again to make it clear, shows us that the ongoing process is not being managed by the highest levels of global finance. The ongoing process is a tremendous blow to this power that has oppressed nations and their peoples for too long.”
So, now in this central bank “high roller” poker game, it appears that some serious card players have thrown some heavy assets into the pot!
In an ABC article titled: “Credit Suisse deal averted crisis, Swiss central bank says”, they stated that last Sunday before the Asian markets opened, the Swiss National bank announced that it was providing a loan of up to 100 billion francs ($109 billion) and that the government is providing another 100 billion francs of support as a backstop if needed. It was stressed on Thursday that the loans are “not gifts“ but are backed by collateral and subject to interest.
So, are they making a distinction between air fiat dollars and real collateral backed financing here? Sure sounds like it to me. Meanwhile, Swiss financial regulators defended how the deal wiped out about 16 billion francs ($17.3 billion) in higher-risk Credit Suisse bonds, which left investors with hefty losses.
Typically, shareholders face losses before those holding bonds if a bank goes under — an hierarchy that the European Central Bank and Bank of England made clear in public statements this week.
The Swiss Financial Market Supervisory Authority, or FINMA, said Thursday that contracts for the higher-risk bonds show that they can be written down in a “viability event,” particularly if the government offers extraordinary support and that happened under the executive branch’s emergency measures Sunday, which allowed regulators to order a writedown of the bonds.
Now that some serious collateral has been put in the game… the bank show takes a twist – enter big lawyers …
In response to the banking mess, Global law firm Quinn Emanuel said it has put together an international team of lawyers from Switzerland, the U.S. and the United Kingdom that are in discussions about possible legal action with bondholders representing “a significant percentage” of the total amount that was issued. The firm assembled a call for bondholders Wednesday that had more than 600 participants. Read:Credit Suisse deal averted crisis, Swiss central bank says – ABC News (go.com)
It sure sounds like some how (??) a wrench has been thrown in the banking system…
Keep on pressing into the Kingdom of God! Press, press, press!
Dianne
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To add to the info:
Credit Suisse, per Forbes 3/14/2023: 1) Credit Suisse disclosed on Tuesday “material weaknesses” in its financial reporting processes for 2021 and 2022 that could have resulted in “misstatements” of financial results as it released its delayed 2022 annual report. 2) PricewaterhouseCoopers, which audited its financial statement for 2022, issued “an adverse opinion” on the bank’s “internal control over financial reporting”. 3) The bank in February reported its biggest annual loss since the 2008 financial crisis. 4) The bank disclosed that its customer withdrawals, which surged in the early part of the fourth quarter last year (2022) have stabilized to much lower levels but have not yet reversed.
Credit Suisse, per CNN London 3/9/2023: “Customers withdrew 111 billion Swiss francs ($121 billion) in the final three months of 2022 when the bank was hit by social media speculation that it was on the brink of collapse.”
Or forced withdraws due to confiscations? The kind you don’t talk about. Just wondering.
Hmmm … as the US markets open this morning, the big German institution Deutsche Bank is causing global panic with fears of failure. German and European leaders are trying to talk down the fear, claiming all is good, which is just how it unfolded when Credit Suisse began to unravel.
Dominoes starting to fall?
https://www.zerohedge.com/markets/deutsche-bank-bloodbath-reignites-global-bank-crisis-fears
John832
One would think every country’s leadership is made up of crime bosses. So many who rise to those positions do nothing but line
their own pockets deeply. I doubt ANY country has any honest, ethical leadership. Its a sad state of affairs that most are street level thugs. One also wonders how many of them got education at one of America’s Ivy League schools, that seems to be the fertile field for grooming thieves.