Posts tagged kroll advisory services

DR. REINHARD PROKSCH: PROVIDED SHELLS FOR THE UKRAINIAN ELITE

0

IF YOU HAVE EVIDENCE REGARDING THE SOPHISTICATED, ORGANIZED, INTERNATIONAL MONEY LAUNDERING OPERATION CONCEALING ITS CRIMINAL ACTIVITIES AMONG THE INTERNATIONAL BROKER COMMUNITY WITH COUNTERFEIT BANK DOCUMENTS + TRANSACTIONS ON THE INTERBANK SCREEN THAT WE ARE INVESTIGATING + EXPOSING ON THIS WEBSITE, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

IF YOU HAVE EVIDENCE OF PRIVATE BANKING CORRUPTION, TAX EVASION, MONEY LAUNDERING or TERRORISM FINANCING, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

….

 

DR. REINHARD PROKSCH,

DR. REINHARD PROKSCH

http://yanukovich.info/dr-reinhard-proksch/

 

There is only one expert who has succeeded in optimizing taxes and normalizing the «money laundering» system for President Viktor Yanukovych, Prime Minister Mykola Azarov, the Secretary of the National Security Council Mr. Andriy Kliuyev and his brother Deputy Chairman of the Party of Regions Serhiy Kliuyev, namely Dr. Reinhard Proksch who until recently attended to all their interests. Dr. Reinhard Proksch, who was born in Liechtenstein, is an Austrian citizen, claims that he has been an accredited attorney in New York for over twenty years, and likely a resident of the United States, as well as the owner of COMPASERVE SE — an incubator of shelf-companies in Switzerland, Germany, Austria Lichtenstein, Great Britain, the USA, and other countries.

 

COMPASERVE SE team is spread around the world, and nominally consists of elevan persons, including Reinhard Proksch and two of his family members Bridgit and Richard Proksch, who are based in Vienna. COMPASERVE SE has an office in Austria — COMPASERVE HOLDING GmbH, Vienna Parking 12 Tower, Vienna, Lichtenstein — P&A Corporate Services Trust, Vaduz, Stocklerweg 1, аnd also in Britain COMPASERVE (EUROPE) LIMITED, 29 Harley Street, London, besides it has two officices in the United States — 44 Wall Street 12th Floor New York, NY and 60 SW 13th Street 48th Floor #4806 Miami, FloridaCOMPASERVE SE offers creation and registration of shelf companies, including Societas Europea, according to the EU Council Regulation 2157/2001. In seven to ten working days COMPASERVE SE opens a shelf company and guarantees team support and relocation of business just for 10,000 Euro, (registration fee is paid separately and usually does not exceed 5,000 Euro).
Below we will demonstrate how in breach of legislation, which explicitly prohibits money laundering by Politically Exposed Persons, Mr. Reinhard Proksch has been assisting the political elite of Ukraine to laundry proceeds of corruption and hide their ownership of luxurious assets and/or companies in Ukraine.

 

Client Mr. Aleksey Azarov

 

In 2008 Reinhard Proksch registered a company L.A.D. A. Holding Anstalt, at the address of COMPASERVE SE office in Lichtenstein, i.e. Stoklerweg 1, Vaduz. Mr. Proksch is listed as Director of L.A.D. A. Holding Anstalt. In 2010 this company purchased on behalf of son of Prime Minister of Ukraine Aleksey Azarov a lovely house in a prestigious part of Vienna Potzleinsdorfer Strasse, 152–156, where Mr. Aleksey Azarov currently resides. This property neither Mr. Aleksey Azarov nor his father Prime Minister of Ukraine include it in their Income Declarations.

 

Client President Viktor Yanukovych

 

Dr. Reinhard Proksch also provides services to President of Ukraine, Viktor Yanukovych. Until September 2013 Proksch’s company Blythe (Europe) Ltd, registered under the address of London office of COMPAREVE SE owned Mezhygirrya estate — a luxurious residence of President Viktor Yanukovych.

 

It is common knowledge that since 2003 the President of Ukraine has been living in a former state residence called Mezhyhirya, which wasprivatized by MedInvestTrade LLC in 2007 and then sold to Tantalit LLC within two months. Tantalit LLC was founded by Pavlo Lytochenko, a resident of Donetsk; he owns 0.03% (44,000 UAH, approximately 4,000 Euro) of the statutory capital. He is also the founder of Dom Lesnika LLC, which privatized the hunting grounds in Sukholuchya. The second founder of Tantalit LLC is an Austrian company — Euro East Beteiligungs GmbH, which contributed more than 146 million UAH (approximately 13,27 million Euro), accounting for 99.97% of the statutory fund. The Director of Euro East Beteiligungs GmbH is Johan Wanovits was convicted in April 2013 for manipulating shares of Telekom Austria in order to increase the value of bonuses for former telecom managers.

 

The Austrian Register of Companies shows that the founders of Euro East Beteiligungs GmbH included Blythe Associate Inc (BVI), which transferred its shares to Blythe (Europe) Ltd (UK), and Euro Invest Bank (Austria). It is interesting to note that the principal shareholder of the Euro Invest Bank is Ms. Gabriela Wanovits and the Chairman of the Board of Directors is Frank Wanovits.

 

In 2008, Euro East Beteiligungs GmbH changed the composition of the company’s founders and only Euro Invest Bank and Blythe (Europe) Ltd were left on the list. Subsequently, Blythe (Europe) Ltd. bought Euro Invest Bank’s shareand became the sole owner with 99.97% of the statutory capital of Tantalit LLC that privatized Mezhygirrya.

 

It is interesting to note that at the time of purchase of Euro East Beteiligungs GmbH by Blythe (Europe) Ltd, the company had enormous debts,which were 600 times higher than its authorized capital and amounted to 30.5 million euros. Allegedly, this amount of money was Euro East Beteiligungs GmbH investment via Tantalit LLC in Mеzhygirya. However, this did not dissuade Dr. Reinhard Proksch from acquiring the company.

 

Blythe (Europe) Ltd is registered in London UK; the company has two employees: Director Dr. Reinhard Proksch and a company secretary. According to the British Register of Companies — Company House, Blythe (Europe) Limited was founded by P&A Corporate Services Trust, Lichtenstein office of COMPASERVE SE. In September 2013, Tantalit LLC was purchased by Serhiy Kliuyev for 146.6 million UAH (approximately 13.32 million Euro)— the cost of the authorized capital of Tantalit LLC. Once again, according to the words of Serhiy Kliuyev, he acquired both Tantalit LLC and its enormous debts. According to Sergiy Kluyev, he had to take a loan from PJSC Ukrpidshypnyk.

 

Dr. ReinhardProksch is also directly tied to the privatization of hunting grounds in Sukholuchya (more than 30,000 hectares) used by President ViktorYanukovych.

 

Dom Lesnika LLC privatized this domain; this company was founded by a British company — Astute Partners Ltd, whose directoris, according to constituent documents, Reinhard Proksch and the registration addresscoincides with the COMPASERVICE SE office in London.

 

Finally, Dr. Reinhard Proksch has also been implicated in the luxury helicopters and aircraft, which are leased through «Tsentravia» LLC for President Yanukovych, and paid with the Ukrainian taxpayer’s money.

 

The principal founder of Tsentravia LLC is Blythe Associates Inc., which owns over 99.9% of the shares of the aviation company. This company is registered offshore, in the British Virgin Islands. Blythe Associates Inc. from the British Virgin Islands, which currently owns Yanukovych’s helicopter, was listed in 2008 as the founder of the Austrian company — Euro East Beteiligungs GmbH — which already owned Mezhyhirya at that time. In 2008, the composition of shareholders of the Viennese company — Euro East Beteiligungs GmbH — was changed. Instead of Blythe Associates Inc., Blythe (Europe) Ltd. started gaining more and more importance as a shareholder.

 

In both cases, the tender was held in breach of competitive procurement process with only one participant. Tsentravia LLC won the bidding allegedly due to technical problems in bidding applications of two other competitions. The lack of competitive and transparent bidding process made it possible to pay for air transfer of Presidnet of Ukraine twice the price quated by Executive Craft, a UK-basead company, which leases similar helicopters and jets.

 

Clients Andrey and Sergey Kluyevs

 

Dr. Reinhard Proksch has quite close business relations with Kluyev brothers, and not only through Blythe (Europe) Ltd, but also throughP&A Corporate Services Trust, Lichtenstein office of COMPASERVICE SE. In 2009, P&A Corporate Services Trust bought Activ Solar GmbH, a company where the Kliuyev brothers are the beneficial owners. To better explain the relationship between the Kliuyev brothers and Activ Solar we should go back in time. In 1994, Sergey and Andrey Kluyevs founded SLAV Handel Vertretung und Beteiligung AG , which in 2005 founded Slav Beteiligung GmbH, which subsequently founded Activ Solar GmbH. Besides, Slav Handel Vertretung und Beteiligung AG bought PJCS «Ukrpidshypnyk»a huge international consortium, which includes more than 20 enterprises active in different sectors, such as color metallurgy, agriculture, development, insurance, finance, etc.

 

Slav Beteiligung GmbH founded Activ Solar GmbH in 2008. In the same year Activ Solar GmbH bought 75% of statutory fund of PJSC «Semi-conduct Factory» in Ukraine and in 2009 Activ Solar GmbH was sold by son-in-law of Sergey Kluyev Mr. Kaveh Ertefai toP&A Corporate Services Trust.

 

According to data compiled from audit reports of the PJSC Semi-Conductor Plant, in period from 2009 through 2011 PJSC Semi-Conductor Plant received a number of loans, totaling at 200 million Euro, from the state bank EksimbankPJSC Semi-Conductor Plant was highly unprofitable duirng the above period. Besides, PJSC Semi-Conductor Plant lent money from Activ Solar GmbH and from its subsidiary in Ukraine Activ Solar LLCIn 2010, Andriy Kliuyev’s Commission issued to PJSC Semiconduct Plant almost 18 million euros (200,842,000 million UAH) to pay off the interest on the loans.

 

Together, Andriy and Serhiy Kliuyevs managed to make Activ Solar GmbH in its five year existance, the leading manufacturer of solar electricity, which monopolized the market by the state support, such as:

 

 

The Ukrainian office of Activ Solar is located at Serhiy Kliuyev’s public reception bureau at 3 Reznitska Street in Kyiv.

 

We would also like to bring to your attention one of the illustrative examples of using Proksch’ self-companies to obtain a Ukrainian state budgetary support for Kluyevs’ business in Ukraine. In 2011 the Ministry of Energy and Coal allocated 69.69 million UAH (more than 6.3 million Euro) to connect solar electric power plants of Activ Solar LLC to the national electricity lines of Ukraine. Public procurement tender was won by «Zvyazoktechservice» LLC, whose origin leads to Compaserve Holding GmbH, Vienna office of COMPASERVE SE and Dr. Reinhard Proksch as Director.

 

«Zviazoktechservice» started to win public procurement bids in 2011 and up to the end of 2013 received 382,32 million UAH (approximately 34 million Euro). All tenders were for connecting Activ Solar LLC to the national power lines.

 

Thus, due to the proper coverage provided by Dr. Reinhard Proksch’s shelf-companies, Kluyev brothers, who are in the position to make crucial decisions on spending public money, allegedly abuse their office to support their private business. The above public procurement contract caused the termination of the direct budetary support from the European Commission, which was mentioned above.

 

Dr. Reinhard Proksch who sells European shelf-companies got very lucky, because he got reliable clients — the political elite of Ukraine. The latter got used to develop their private businesses by using money of Ukrainian tax-payers. This could be a reason Dr. Reinhard Proksch’s clients are so willing to close down «Ukrainian Maidan» movement and intimidate the population of Ukraine, which got tired of the lack of rule of law and grand political corruption in Ukraine.

 

OLEKSANDR YANUKOVYCH: FROM DENTIST TO ONE OF THE WEALTHIEST MEN IN UKRAINE

0

IF YOU HAVE EVIDENCE REGARDING THE SOPHISTICATED, ORGANIZED, INTERNATIONAL MONEY LAUNDERING OPERATION CONCEALING ITS CRIMINAL ACTIVITIES AMONG THE INTERNATIONAL BROKER COMMUNITY WITH COUNTERFEIT BANK DOCUMENTS + TRANSACTIONS ON THE INTERBANK SCREEN THAT WE ARE INVESTIGATING + EXPOSING ON THIS WEBSITE, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

IF YOU HAVE EVIDENCE OF PRIVATE BANKING CORRUPTION, TAX EVASION, MONEY LAUNDERING or TERRORISM FINANCING, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

….

OLEKSANDR YANUKOVYCH

Viktor Yanukovych

VIKTOR YANUKOVYCH – OUSTED PRESIDENT OF UKRAINE 2010 – 2014

http://yanukovich.info/oleksandr-yanukovych-assets/

OLEKSANDR YANUKOVYCH ASSETS

 

Oleksandr Yankovych, a dentist by training, was born in Donetsk in 1973 and, is currently one of the wealthiest businessmen in Ukraine and the second richest person in Donetsk after Rinat Akhmetov. As of November 2013 Oleksandr Yanykovych’s assets are estimated by Forbes to total $510 million .

The exponential rise of Oleksandr Yanukovych’s business empire occured in 2010–2013, when his father held the post of President of Ukraine. Prior to 2010, Mr. Oleksandr Yanukovych owned only the Management Assets Corporation, LLC (MAK, LLC) with a statutory capital of 55 million UAH (less than $7 million).

The business interests of Oleksandr Yanukovych are concentrated in the Closed Joint Stock Company Ukrainian Bank of Developmentand the Closed Joint Stock Company Mako Holding.

 

1. Ukrainian Bank of Development (UBD)

CJSC Ukrainian Bank of Development was founded on April 23, 2009 by Donsnabtara LLC, with a statutory capital of 80 million UAH.
Donsnabtara LLC, which was founded in 1995, was at the time headed by Mrs. Valentyna Arbuzova, mother of the incumbent Vice Prime Minister of Ukraine.

Since January 27, 2011 Oleksandr Yanukovych has aquired 100% ownership over the statutory capital of UBD. This happened fewer than two months after Serhey Arbuzov, a close friend of Mr. Oleksand Yanukovych, was appointed head of the National Bank of Ukraine. The mother of Mr. Serhey Arbuzov, Mrs. Valentyna Arbuzova has served as Head of the Executive Board of UBD since its creation.

Since its establishment in April 2009, UBD has increased its capital 10 times over. In 2013, UBD doubled its capital over the previous year. Interestingly, on December 24, 2012, Mr. Serhey Arbuzov, a son of head of UBD Mrs. Arbuzova, became the First Vice Prime-Minister of Ukraine.
The chronology of UBD’s capital growth:

  • April 2009 — capital totaling 80 million UAH
  • December 2010  — capital totaling 111,7 million UAH
  • December 2011 — capital totaling 332,2 million UAH
  • December 2012 — capital totaling 409,3 million UAH
  • September 2013 — capital totaling 799,032 million UAH

UBD’s capital was increased through the issuance of additional stock, which was all bought with cash by Oleksandr Yanukovych. Specifically, in May 2013 UBD issued additional stock worth 412 million UAH. Mr. Oleksandr Yanukovych bought the stock with his personal funds.
Meanwhile, in 2011 UBD’s increased net profit increased 17 times over 2010.

It is unclear what the origin is of the hundreds millions of cash invested by Oleksandr Yanukovych into his bank over the last three years. It could perhaps be from activities of Mako Holding, which are described below.

The closeness of Mr. Oleksander Yanukovych to the President of Ukraine allowed UBD to get an array of extremely profitable contracts in 2010–2013 to serve and credit state institutions.

 

  1. In February 2012, all employees of the central department of the Tax Service of Ukraine stopped receiving their salaries via the state-owned Ukreximbank and began receiving them via the relatively new UBD. The head of the Tax Service of Ukraine, Mr. Klymenko, is known to be a good friend of Mr. Oleksandr Yanukovych and Mr. Arbuzov, the latter who at that time was head of the National Bank of Ukraine. Each of the more than one thousand employees of the Tax Service received a «salary card» and a «deposit card» at theUBD. Each employee receiving their salary on a  «salary card», had a fixed amount of their salary transferred to deposit card. The employee had no choice about the transfer of the funds to the deposit card. In 2013 UBD became one of several banks receiving a large portion of the «salary projects» for government employees, including those at the Ministry of the Interior and, court administrations in Kyiv and Donetsk. According to the Head of the Association of Ukrainian Banks, civil servants are forced to use the services ofUBD by imposition.
  2. In 2013 UBD won a series of public procurement contracts to provide credit to state-owned railway enterprises totaling 978 million UAH. In particular, on November 14, 2013, the state-owned Odesa Railway signed a contract with UBD to receive a line of credit in U.S. dollars of 55,61 mln UAH with a 10.5% interest rate. On November 8, 2013 the Donetsk railway signed a similar contract with UBD to receive a credit line for 55,64 million UAH.

UBD serves Mako Holding company and its subsidiaries, which are either controlled or belong to Mr. Oleksandr Yanukovych.

UBD uses the following intermediary banks for transfers in USD and Euros:

  1. Deutsche Bank Trust Company Americas, New York, USA
  2. PJSC Commercial Bank KHRESCHATYK
  3. Deutsche Bank AG, Frankfurt am Main, Germany

2. Closed Joint Stock Company Mako Holding

 

Mako Holding is the parent company of about 20 spectacularly successful companies in Ukraine, the Netherlands and Switzerland, most of which significantly expanded in 2010–2013, during the presidency of Mr. Viktor Yanukovych.

  1. Oleksandr Yanukovych is the sole owner of Mako Holding CJSC, which was established on February 25, 2011 with statutory capital of 55 million UAH. The company is the successor of the now defunct MAK LLCMAK LLC was registered on June 7, 2006 and was wholly owned by Oleksandr Yanukovych.
  2. Once established in 2011 Mako Holding had a negative profit on its balance sheet. In a year the company showed an official net profit totaling 197 million UAH.
  3. On November 22, 2011 Mako Holding issued an additional 450 000 shares with a total value of 225 million UAH. In January 2012 Mr. Oleksandr Yanukovych officially purchased all of this stock with cash.
  4. In September 2013 Oleksandr Yanukovych issued an interest-free loan to Mako Holding worth 150 million UAH.

Mako Holding is the parent company of a series of energy, coal and development companies, which significantly expanded in 2011–2013, specifically:

  1. CJSC Edelveis was registered on January 20, 2010 in Donetsk by MAK LLC. In 2012 Mako Holding invested 1,56 million UAH in CJSC Edelveis, receiving a 99% share of Edelveis. During 2010 — 2012 the company was not profitable.In 2011 Edelveis received 15,02% of Artemivsk Winery CJSC, which appeared to be quite profitable; Artemivsk Winery reported net profits of 13,2 million UAH, 17,7 million UAH, and 13,1 million UAH in 2010, 2011 and 2012, respectively.In June 2013 Edelveis transferred its stock in Artemivsk Wineryto the Netherlands’ based company ARTVIN Holding BV.
    Edelveis since 2011 has 25% shares of Corporation Management Assets Company.
  2. Architecture-Engineering Company Constructiv LLCwas registered in 2010. Mako Holding owns 70% shares of the company; in 2012 Mako Holding invested 248,200 UAH in the company.
  3. Mako Invest LLCwas registered on November 24, 2011. Its statutory capital is 5 million UAH divided between Mako Holding (51%) and Oleksandr Yanukovych (49%); in 2012 «Mako Holding» invested an additional 4,04 million UAH in Mako Invest LLC.
  4. Mako Trading LLCwas registered on December 7, 2011. Its statutory capital is 5 million UAH divided between Oleksandr Yanukovych (49%) and Mako Holding (51%); in 2012 Mako Holding invested 43,2 million UAH in Mako Trading LLC. During the first quarter of 2013 Mako Trading exported 370 thousand tons of energy coal with a price of 835 UAH per 1 ton (totaling 308,95 million UAH). The key beneficiary of the exported coal became Swiss MAKO Trading SA, which is controlled by Mako Holding as well. Additionally, in 2013 Mako Trading exported coal to Italian Energy Coal SPA, Croatian Nasicecement DD and Portuguese Carbol LDA.In 2012Mako Trading exported 200,000 tons of coal, which was received from state-owned enterprises Shakhterskantratsyt,Snezhnoyeantratsyt and Torezantratsyt.
  5. Mako Activ LLCwas registered on March 14, 2012. Its statutory capital is 180 million UAH and is 99% controlled by Mako Holding; in 2012 Mako Holding invested 20 million UAH in Mako Activ LLC.
  6. Management Assets Company Corporationwas registered on March 31, 2009. Its statutory capital is 4 million UAH, which is equally shared by Mako HoldingEdelveis LLCCapital Building Corporation CSJC, and Ryatuvalnyk LLC.
  7. Ryatuvalnyk LLC shares are 99% controlled by Capital Building Corporation.
  8. Eastern Business Centre, LLC was established on August 13, 2010. In 2012 Mako Holding invested 127,3 million UAH in the company; on April 25th, 2013 Mako Activ LLC became the successor of Eastern Business Centre.
  9. Capital Building Corporation, CJSCwas established on December 9, 2005. Since 2010 the company had been controlled by MAK LLC; in 2012 Mako Holding invested 45,7 million UAH in Capital Building Corporation receiving 96,8% of its shares. In August 2013 Mako Holding issued an interest free loan totaling 20 million UAH to the Capital Building Corporation.
  10. MAKO Holding B.V. was established on October 27, 2011 in the Netherlands by LiFe Holding AG, which was its sole shareholder until December 23, 2011, when Mako Holding bought all shares of the company. The statutory capital of Mako Holding B.V. is currently 10 million Euro. In 2012 Mako Holding invested 105,3 million UAH in MAKO Holding B.V., which as of December 31, 2012 didn’t have any employees in the Netherlands, or abroad. Mako Holding B.V. is the sole shareholder of ARTVIN Holding BV, which owns 19% of Artemivsk WineryMAKO Holding B.V. is the sole shareholder of the Switzerland based MAKO Trading SA.
  11. Marinaservice CJSC, was registered on May 26, 2010 by LLC MB Service with an initial statutory capital of 55 million UAH. The initial statutory capital of Marinaservice CJSC was increased to 64 million UAH in November 2012. Since the third quarter of 2011, Oleksandr Yanukovych became the sole owner of the company. In 2010 Marinaservice bought four historical buildings in Balaklava Bay and received from the Ministry of Transportation an open-ended lease of hydro-technical facilities. In 2011 the company bought floating pantones, wave-breakers, administrative buildings and two apartment buildings. In total, all of the buildings in Balaklava Bay costMarinaservice 54,6 million of UAH.In 2010 the Minisrty of Defence of Ukraine allowed the privatization of 8.4 hectares of land belonging to ship yard Metalist near Balaklava Bay and 1.8 hectar of Cape Aya, which were leased by Marinaservice. In 2011 Marinaserviceleased 1.8 hectares of Balaklava Bay. On July 16, 2013 the Sevastopol city administration gave 1.32 hectares of Balaklava bay land toMarinaservice. Thus in total, Marinaservice acquired more than 10 hectares of precious access to the water near Sevastopol.

3. Donbass Rozrahunkovo Finansovyi Centr, DRFC

While UBDMako Holding and Mako Holding’s subsidiaries officially belong to the business empire of Mr. Oleksandr Yanukovych, there remain a number of corporate structures with no direct legal ownership links to the son of Viktor Yanukovych. However, dozens of journalistic investigations provide evidence that Oleksandr Yanukovych is their beneficiary owner. Thus, allegedly Mr. Yanukovych is a beneficiary owner of highly profitable DRFC LLC, which is one of the leading businesses in the coal and energy sector in Ukraine.
The Association Donbass Rozrakhunkovo-Finansovyi Centre (DFRC) was established in 1997 and until 2010 was controlled by Eduard Prutnik, an MP from the Party of Regions and close friend of Mr. Viktor Yanukovych.

In June 2012 the Association was reorganized into the Public Joint Stock Company Central Enrichment Factory Comsomolska, the ownership of which is divided between 3 companies:

  • DRFC LLC, which invested 200,1 million UAH giving it 74,18% shares
  • Eastern Transport Company LLC, which invested 0,02 million UAH giving it 0,01% shares
  • Regional Department of State Property Fund (State), which invested 69.6 million UAH giving it 25,81% of shares

Since November 26, 2013 DRFC LLChas bought all the shares which previously belonged to the other parties.

In turn, DRFC LLC officially belongs to Sarone Holdings Limited, a company registered in BVI, where the beneficial owner is hidden.
According to a number of journalistic investigations Mr. Oleksandr Yanukovych has controlled the company since 2010.

In 2011 DFRC LLC won state tenders totaling to 949,3 millions UAH.
In summer 2012 DFRC privatized five state-owned factories that enrich coal, specifically UzlovskayaChervona ZirkaKomsomolskaya,Ukraine and Russia.

The factories provide services to dozens of state-owned coal mining companies and win multimillion UAH tenders.

Enrichment of excavated coal improves its quality and often coal-mines work with enrichment factories, each of which enriches an average of 2–2.5 million tons of coal per year.

In November 2012 the Ministry of Energy and Coal Mining contested the privatizations, claiming that it was illegal to issue more than 50% of state-owned factories’ shares to a private company DFRC. The commercial court in Donetsk, however, issued a decision in favor of DFRC,relying on changes in legislation adopted in March 2012, a few months before the privatization by legislative initiative of the President Viktor Yanukovych.

DFRC has been actively buying coal from so-called «little mines» or «coal pits». According to the data of the Ministry of Energy and Coal, at least 9 mln tons of coal are produced at coal pits, which neither have safe working conditions nor provide social benefits to miners. The coal from pits is cheaper and can be purchased for 300–400 UAH per ton, versus what the regular coal mines sell for 800–1000 UAH per ton. Taking into consideration that DFRC sells its coal to the electric stations for 925 UAH per ton, the difference in is a pure profit for DFRC, which when combined with heavy state subsidies enables DFRC to be one of the leading companies in the coal business in Ukraine.

According to journalistic investigations conducted since April 2012 Mako Trading is acting as a guarantor of export operations conducted by the Chervona Zirka coal enrichment factory, which belongs to DRFC. During the first quarter of 2013 Chervona Zirka exported about 4300 tons of coal to Poland and the Czech Republic at a price of 820 UAH per ton.

Finally, there is one more company called LE MARE, LLC, which could be included in the list of the Yanukovychs’ business structures. Olena Yanukovych, the wife of Oleksandr Yanukovych, is owner of the company with 20 mln UAH of statutory capital. The company allegedlyowns  a luxurious fitness centre in Donetsk called  LE-MAREE.

DO YOU HAVE EVIDENCE OF HIDDEN OFFSHORE WEALTH?

0

IF YOU HAVE EVIDENCE OF HIDDEN OFFSHORE WEALTH BY BANKERS or GOVERNMENT OFFICIALS, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

….

 

OFFSHORE_THUMB_system_2611

SHEN WEICHEN: THE FALL OF CHINESE COMMUNIST PARTY SECRETARY + VICE-CHAIRMAN OF CAST

0

IF YOU HAVE EVIDENCE REGARDING THE SOPHISTICATED, ORGANIZED, INTERNATIONAL MONEY LAUNDERING OPERATION CONCEALING ITS CRIMINAL ACTIVITIES AMONG THE INTERNATIONAL BROKER COMMUNITY WITH COUNTERFEIT BANK DOCUMENTS + TRANSACTIONS ON THE INTERBANK SCREEN THAT WE ARE INVESTIGATING + EXPOSING ON THIS WEBSITE, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

IF YOU HAVE EVIDENCE OF PRIVATE BANKING CORRUPTION, TAX EVASION, MONEY LAUNDERING or TERRORISM FINANCING, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

….

Shen Weichen

THE FALL OF SHEN WEICHEN

 

http://www.theepochtimes.com/n3/626924-ministerial-official-dismissed-for-corruption-chinese-authorities-say/

Chinese anti-corruption commissars dismissed Shen Weichen, a ministerial-level Communist Party official in the science and technology sector, on Thursday, four days after an investigation of him was announced.

Shen, 57, was the Chinese Communist Party secretary and vice chairman of the Chinese Association for Science and Technology (CAST), a high-level state controlled industry body.

The Central Commission for Discipline Inspection, the Party’s anti-corruption body, on April 12 announced that Shen was alleged to have engaged in serious violations of the law and was being investigated.

Shen is the first ministerial level official dismissed this year in the Party leadership’s ongoing anti-corruption campaign. He is now the fourth ministerial-level official to be sacked since the campaign began. Another three were dismissed last year: Jiang Jiemin, former director of the State-owned Assets Supervision and Administration Commission, Li Dongsheng, Vice Minister of the Ministry of Public Security, and Li Chongxi, former chairman of the provincial committee of the Chinese People’s Political Consultative Conference.

Party investigators have not released details on Shen’s alleged corruption, but his lurid sexual escapades with female celebrities have been widely chatted about on social media in China.

“He sold a lot of land, and slept with a group of women,” people in Shanxi said of Shen, Hong Kong media Ming Pao reported. Shen was Party leader there for a number of years.

A well-known female singer born in Shanxi was reported to have revealed her affair with Shen when she was summoned for the investigation of a different corruption case.

The report quoted an inside source saying that Shen put up five million yuan ($804,000) for the singer to hold a personal concert.

The inside source also told Ming Pao that central authorities collected evidence of Shen reaping extensive personal benefits from property projects during his role as Party Secretary in Taiyuan City of Shanxi.

His fast-tracked official career attracted suspicion from the public. Shen was born in Shanxi Province, and started in government at age 13, working at a local telephone company office. He was promoted fast and became the deputy secretary of the Communist Youth League in Shanxi in his late 20s, later becoming the Party boss of Taiyuan City.

Shen became Vice Minister of the Central Propaganda Department in 2010, taking over the position from Li Dongsheng who was then transfered to be the Minister of Public Security.

Shen’s promotion in Shanxi was supported by Li Dongsheng, according to Hong Kong media Oriental Daily, who quoted an inside source.

Li Dongsheng, also sacked last year, was active in the persecution of the Falun Gong spiritual group, initiated by the Communist Party in 1999. Li helped craft the propaganda messages that defamed and vilified Falun Gong, attempting to make it an object of public hatred, in the early years of the campaign. He was promoted in 2009 to deputy head of the Ministry of Public Security, and also came to lead the 610 Office, an extrajudicial taskforce set up to oversee the persecution of Falun Gong.

When Shen was the head of the Shanxi Propaganda Department from 2000 to 2006, he was also active in organizing anti-Falun Gong propaganda activities, including exhibitions, lectures, and the publishing of books.

Some of Shen’s activities in this sphere were documented by the World Organization to Investigate the Persecution of Falun Gong, a non-profit research group that attempts to hold Chinese officials to account for their role in the campaign.

LIU HAN: THE FALL OF THE CHINA MAFIA TYCOON

0

IF YOU HAVE EVIDENCE REGARDING THE SOPHISTICATED, ORGANIZED, INTERNATIONAL MONEY LAUNDERING OPERATION CONCEALING ITS CRIMINAL ACTIVITIES AMONG THE INTERNATIONAL BROKER COMMUNITY WITH COUNTERFEIT BANK DOCUMENTS + TRANSACTIONS ON THE INTERBANK SCREEN THAT WE ARE INVESTIGATING + EXPOSING ON THIS WEBSITE, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

IF YOU HAVE EVIDENCE OF PRIVATE BANKING CORRUPTION, TAX EVASION, MONEY LAUNDERING or TERRORISM FINANCING, CONTACT US AT THE SKYPE NAMES ON TOP OF THIS PAGE.

….

Liu Han

THE FALL OF THE CHINA MAFIA TYCOON

http://www.cnn.com/2014/04/01/world/asia/china-liu-han-mafia-charges/

 

(CNN) – A former mining tycoon accused of running a “mafia-style” gang to amass billions of dollars in personal wealth has gone on trial in China, facing charges including murder, state media reports.

 

Liu Han was former board chairman of the Sichuan Hanlong Group, the largest private enterprise in the southwest Chinese province of Sichuan, with interests including mining, real estate, electricity, energy and finance. He also holds major stake in a number of Australian companies. Official Chinese news sources estimate his wealth, which was seized with his arrest, as in the “tens of billions of yuan,” or billions of U.S. dollars.

 

The 48-year old, who was detained last year along with younger brother Liu Wei on suspicion of criminal activities, has been charged with a raft of crimes, including murder, financial crimes, operating casinos and gun-running, according to state news agency Xinhua.

 

The trial against the brothers and 34 of their associates began in Xianning Intermediate People’s Court in Hubei Province Monday,when a photograph of Liu Han in the court’s dock, flanked by policemen, was published on social media networks by state news agencies.

 

Details of the charges against the alleged gang — including nine murder charges — were carried in a Xinhua report in February.

 

Gang of thugs

 

According to the report, the Liu brothers started out running gambling centers in their base in Guanghan, China’s southern Sichuan Province, in the early 1990s, gathering around them “a gang of local thugs and vagrants.”

 

The report said the brothers’ empire grew, before finally attracting the attention of central authorities with an alleged public shooting at a Guanghan teahouse one afternoon in January, 2009, supposedly directed at an underworld rival.

 

According to the report, the two suspects detained over the attack, which killed three and injured two, allegedly identified Liu Wei as having ordered the attack.

 

READ: Xi targets military with anti-corruption drive

 

Liu Han also developed a reputation as a philanthropist, building a rural school campus following a 2008 earthquake that devastated Sichuan Province. His brother also had a reputation for charity, and had been a torch-bearer in the build-up to the Beijing Olympics, also in 2008, according to Xinhua.

 

Anti-corruption purge

 

Large numbers of senior Communist Party officials are reportedly attending the trial, which is being closely watched for any signs of links to a potential investigation into former senior official Zhou Yongkang. The 71-year old was a member of the Politburo Standing Committee, China’s top decision-making body, before he retired in 2012, and previously served as the czar of China’s domestic security apparatus, and as the party chief in Sichuan from 1999 to 2002.

 

Speculation has swirled in recent times that Zhou is set to become the next high-profile target of President Xi Jinping’s heralded anti-corruption purge.

 

Chinese state media has hinted that Liu Han’s alleged gang operated with political connections to central government officials.