(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)
Zimbabwe’s President Mnangagwa is scheduled to speak at the UN General Debate on September 26, 2018
Trump will also be appearing at the UN Security Council on the same day prior to Mnangagwa.
According to sources, the new official RBZ rate may be announced by Mnangagwa during his visit at the UN.
If Mnangagwa announces the new RBZ rate at the UN, it will trigger the worldwide redemption event (RV) which will eliminate Zimbabwe’s national debt.
The elimination of Zimbabwe’s national debt will trigger cascade of systematic geopolitical events bringing all nations to GESARA compliance.
Once all nations are GESARA compliant after the cascade of geopolitical events, the enactment of GESARA law will be disclosed at the UN.
Another significant date is the end of the US Fiscal Year on September 30, 2018.
Multiple South East Asian countries hold vast amounts of gold leftover from the Japanese during War World 2. This includes Vietnam, Philippines, and other countries. This gold is being used to keep these countries from economic collapse until the QFS is operational.
The toll-free 800 numbers and instructions are expected to be released immediately after Mnangagwa’s announcement of the new RBZ rate.
Thomas Borgen admits most of £180bn that passed through Estonian branch was fraudulent
Danske Bank’s branch in Tallinn, Estonia. Photograph: Raigo Pajula/AFP/Getty Images
The boss of Denmark’s biggest bank has resigned after admitting that the vast majority of €200bn (£178bn) flowing through its Estonian branch was money-laundered cash flowing illegally out of Russia, the UK and the British Virgin Islands.
“It is clear that Danske Bank has failed to live up to its responsibility in the case of possible money laundering in Estonia. I deeply regret this,” Thomas Borgen said in his resignation statement on Wednesday.
The bank said an independent investigation had found “a series of major deficiencies” in its controls to prevent money laundering. The investigation found that more than half of Danske’s 15,000 customers in Estonia were suspicious.
“We have gone through 6,200 customers starting with the customers hitting most risk indicators first,” the bank said. “Almost all of these customers have been reported to the authorities.”
The investigation found that several dozen of its employees may have colluded with customers to get around background and security checks. The bank said it had reported some of its employees and former employees to the Estonian police.
Brussels plans new money-laundering crackdown
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The bank’s chairman, Ole Andersen, said the scandal was a “a deplorable matter”. “The findings of the investigations point to some very unacceptable and unpleasant matters at our Estonian branch, and they also point to the fact that a number of controls at the group level were inadequate in relation to Estonia,” he said. “We take the task of combating financial crime and money laundering very seriously, and we do and will do everything it takes to ensure that we never find ourselves in the same situation again.”
Danske only admitted to the true extent of the money laundering scandal on Wednesday following increasing political pressure and US law enforcement agencies this week launching an investigation.
Borgen, who was in charge of Danske’s international operations (including Estonia) before he became CEO in 2013, had previously dismissed other executives’ concerns about Russian transactions in Estonia. In a 2010 investigation Borgen said he had not “come across anything that could give rise to concern”.
The independent report by Danish law firm Bruun & Hjejle on Wednesday found that under Borgen’s leadership the Estonian branch had failed to disclosure the full situation to Danske’s board.
Borgen said on Wednesday that the law firm had not found him to have breached the law. “Even though the investigation conducted by the external law firm concludes that I have lived up to my legal obligations, I believe that it is best for all parties that I resign,” he said.
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Estonia’s Financial Supervision Authority (FSA) said it was examining the findings of the investigation. “The report describes serious shortcomings in the organisation of Danske Bank, where risk appetite and risk control were not in balance,” Kilvar Kessler, the chairman of the Estonian FSA, said.
Bill Browder, a US hedge fund manager who has been leading a crusade against corruption and money laundering by rich and powerful Russians, has claimed that Danske’s Estonian branch was involved in the fraud uncovered by his lawyer Sergei Magnitsky, who was beaten to death in a Russia jail.
Danske said it would donate all its profits earned from the suspicious accounts between 2007 and 2015 to a charity focused on “combating international financial crime”. The donation totals 1.5bn Danish kroner (£178m). Analysts expect Danske to be fined billions of dollars by Danish, European and US regulators.
Dutch bank ING earlier this month paid a €775m fine to settle an investigation that it had failed to detect money laundering. Last year Deutsche Bank was fined almost $700m for helping wealthy Russians move about $10bn out of the country.
Credit rating agency Standard and Poor’s has warned Denmark that the scandal may lead it to cutting the country’s AAA credit rating. View on YouTube
(Disclaimer: The following is an overview of the current situation based on intelligence leaks received from several sources which may or may not accurate. Other confirmed sources may also be included in this overview.)
The fate of all Western countries hinges on BRICS through control over the USD.
The USD is currently standing on thin ice, doomed to collapse without being replaced by an asset-backed currency.
All nations are prepared for either event, the collapse of the USD or the introduction to a new asset-backed currency (USN).
The bill to introduce the USN was already made (behind closed doors) and is currently sitting in limbo waiting to be voted on.
In order for the USN to be voted on, assets are required to back it.
These assets can only be supplied from China which originates from Zimbabwe.
Zimbabwe cannot provide the assets required for the USN until the country’s national debt is forgiven.
Zimbabwe’s national debt can only be forgiven through the RV.
Worldwide redemption of 100T 2008 Zimbabwe (Bond) Notes is the key to Zimbabwe’s freedom.
This worldwide redemption event (RV) will also cause an isolated jubilee which flood the world with wealthy humanitarians.
The RV will be the trigger toward a cascade of events leading up to GESARA.
On September 23, 2017 constellation Virgo gave birth to a ‘NEW ERA of TIME’ that will trigger a WORLD SHOCK WAVE that BEGINS on September 19, 2018 (Yom Kippur)! And this video was UPLOADED on September 19, 2018. God’s power is now set to be unleashed… Are your ready for the coming global awakening? View on YouTube
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Africa Moyo Senior Business Reporter
Finance and Economic Development Minister Professor Mthuli Ncube has directed all traders to accept bond notes as they remain legal tender in the country.
This comes as some unscrupulous wholesalers and retailers are understood to be rejecting bond notes claiming they would soon be demonetised.
Prof Ncube said it was wrong for traders to reject bond notes when no currency reforms have been instituted.
“People should accept the bond note because as of today (Tuesday) we have not changed the currency. So that is what I strongly recommend until we have come up with a package, which will have a lasting solution to currency issues,” said Prof Ncube while addressing journalists in Harare on Tuesday.
Prof Ncube said currency reforms are linked with the direction of fiscal reforms.
Government is working towards addressing fiscal reforms, which will eventually lead to currency reforms.
“. . . it’s a package that we are working on. That is the foundation of a strong currency going forward,” said Prof Ncube.
President Emmerson Mnangagwa confirmed during the State of the Nation address and the official opening of the First Session of the Ninth Parliament that there are no currency reforms yet.
The President said the country shall continue with the multi-currency regime until the “current negative economic fundamentals have been addressed to give credence to the introduction of the local currency”.
“The economic fundamentals that need to be met are a sustainable fiscal position, foreign currency reserves of between three and six months of import cover and sustainable consumer and business confidence.
“These economic fundamentals are yet to be met to justify the introduction of our own currency,” said President Mnangagwa.
As currency reforms are being weighed, Government intends to accelerate the ongoing efforts towards stabilising the macroeconomic environment; creation of fiscal space; enhancing foreign currency availability; improving liquidity; boosting the country’s investment attractiveness; reducing budget deficit and ensuring gradual growth of all sectors of the economy.
Government, through the Reserve Bank of Zimbabwe, has negotiated foreign exchange facilities of $500 million that are designed to meet the growing demand for foreign currency by industrialists and individuals.
Some of the facilities will be disbursed this week to allow companies, most of which have been hamstrung by foreign currency shortages, to access the funds and make foreign payments for raw materials and spares.
Private equity financiers are seen is critical in financing the economy going forward, as opposed to expecting much from the World Bank and the International Monetary Fund (IMF).
On Monday, Government announced that it had obtained a $250 million commercial loan facility from an international finance company, the Gemcorp Group.
Prof Ncube said the “granting of the commercial loan facility by Gemcorp is a strong signal by foreign investors of their growing confidence in Zimbabwe.”
The facility would be used to finance the importation of essentials goods and services including electricity, fuel and medicines.
Gemcorp focuses on emerging markets with a special interest in Sub-Saharan Africa, Latin America and Eastern Europe.
IT SHOULD BE SOUP SHORTLY. IT TAKES A WHILE TO MAKE GOOD SOUP. IF EVERYTHING I HAVE SEEN AND HEARD IS RIGHT, THEN OUR HUMANITY IS IN FOR A REALLY INTERESTING TIME AND RIGHT NOW. IT DOES ALSO AFFECT OUR TIMINGS IN RESPECT OF PROJECTS, AND WILL ONLY ACCELERATE AN ALREADY REMARKABLY FAST PROCESS.
SO WHAT IF IT TAKES A FEW DAYS MORE. SO WHAT IF THE VEGETABLES (SOON TO BE MUNCHED BY THE FAMOUS FLYING PURPLE PIGS) ARE GOING TO GO AWAY TO 3 FREE MEALS PER DAY COURTESY SOME GOVERNMENT. WHAT MATTERS MOST IS THAT WE ARE ABOUT TO BEGIN THE WORK. THE VEGETABLES CALLED BANKERS HAVE BEEN REALLY SLIMING THEMSELVES IN AN EFFORT TO GET AS MUCH MONEY AS POSSIBLE, AND THAT HAS CAUSED THE BIG BOYS ON OUR SIDE TO TRACK THEM I WOULD NOT WANT TO BE IN THOSE SHOES.
HERE IS A PRETTY CONCISE EXPLANATION OF HOW BANKERS WORK WHEN THEY GET YOUR MONEY:
once a bank has your money, and let us use the example of 100M, they can leverage it 10:1 (big banks up to 30:1 sometimes) – that means the 100M becomes 1B – they then borrow this money against the leverage from the Fed, and lend it out to make interest money – it is a simple process – the usual interest they can make via the short programs or sweeps is about 18% on the average
the longer they can keep your money on the books, the more money they make
to get your money back out, it becomes a fight – the bank plays the “compliance” game as long as they can, and whatever other excuse that is legal
the only remedy has been to sue them, but that locks up the funds for years in a lot of cases, and just before the court date, they settle and give the money back and whatever interest is agreed to beforehand – in the meantime, they have made a lot of money on you, and since it is in their best interest to release the money and make more money (albeit smaller amounts), they do that before the court case – at all times they are rubbing their hands and laughing at how stupid the peasants are
they do not care what effects their actions have on people, and due to these delays, many have passed because there was no money for medical treatment – this is criminal in my opinion – 3 of our team were critical inventors with incredible technology
the other way we have discovered to stop the banks from this practice is the trace – the sending bank puts a trace on the funds via MT199 – this trace automatically prevents the other bank from borrowing money from the Fed, and it is again in the banks best interest to release the money to you so they can again use the money
PRETTY STRAIGHTFORWARD, RIGHT? THIS IS AN ONGOING PRACTICE BUT OVER REAL SOON SINCE IT HAS BECOME PUBLIC KNOWLEDGE.
WE ARE ALMOST THERE AND MY GREAT THANKS FOR ALL YOUR STEADY HELP THAT HAS ALLOWED OUR TEAMS TO SURVIVE THE DELAYS. THEY ARE ALL READY TO BEGIN THE WORK AHEAD, AND SURELY THIS WILL ALL GET DONE.
I CANNOT SAY MORE THAN THIS AS THIS IS ALREADY REASONABLY DETAILED AND I DO NOT WANT TO BREAK ANY MORE RULES.
SO GOD BLESS AND MUCH LOVE!
LOVE AND LIGHT
IN OUR SERVICE
ZAP
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
SEPTEMBER 19, 2018
COPYRIGHT ZAP 2013-2018
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“The Office of Poofness”
ZAP, Susan and Staff View on YouTube