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Agence France Presse  06-Aug-1999  Enriching Russian mafia gangs
One of this planet's world powers and an influential member of the UN Security Council is diverting money like a common thief through offshore companies used as tax havens.
All that needs to be added to clarify the article below is that if the West hands over money to targeted countries knowing that this money will not go to the people but to the gangsters who have set up a dictatorship to rule over the people, then it must be because the West prefers a dictatorship that it controls and that will keep the target country weak and poor to a democracy that it does not control and that could make the target country strong and rich.

Of course what is happening in the Boris Yeltsin dictatorship in Moscow is happening as well in the Leonid Kuchma dictatorship in Kyiv as well the gangsters get the money today, and the people will pay interest on it for the rest of their lives, as will their children and their grandchildren.

The original of the Agence France Presse article below was found on the internet at http://www.russiatoday.com/news.php3?id=83726, and the Russia Today home page can be accessed by clicking on its logo below.


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French Newspaper: IMF Loans Used To Enrich Russian Mafia Gangs

PARIS, Aug 6, 1999 (Agence France Presse) Loans made to Russia by the International Monetary Fund are being used to fill the coffers of mafia gangs, especially those operating in Moscow, the well-respected French daily Le Monde reported Thursday.

Basing its allegations on an audit recently published by the international company PriceWaterhouse Coopers, the paper said the document showed that "one of this planet's world powers and an influential member of the UN Security Council is diverting money like a common thief through offshore companies used as tax havens."

It said that Western taxpayers "one day may be angered to learn that part of their tax money has been used to constitute some of the biggest mafia fortunes, notably in Moscow."

Le Monde added that though world powers may not sanction such a practice, most were well aware of it.

"The IMF for a long time has known about the practice of diverting public funds in Russia but it nonetheless decided to continue giving loans to the country," the article said.

The IMF in July approved a 17-month $4.5-billion line of credit for Russia aimed at averting a devastating default by Moscow on its external debt.  (© 1999 Agence France Presse)


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