Posted on 11/20/2019 8:16:10 AM PST by COUNTrecount
KYIV. Nov 20 (Interfax-Ukraine) – Ukrainian members of parliament have demanded the presidents of Ukraine and the United States, Volodymyr Zelensky and Donald Trump, investigate suspicions of the legalization of $7.4 billion by the "family" of ex-President Viktor Yanukovych through the American investment fund Franklin Templeton Investments, which they said has ties to the U.S. Democratic Party.
At a press conference at the Interfax-Ukraine agency on Wednesday, MP Andriy Derkach announced that deputies have received new materials from investigative journalists about international corruption and the participation of Ukrainian officials in it.
"Last week, November 14, the Prosecutor General's Office (PGO), unnoticed by the media, announced a new suspicion to the notorious owner of Burisma, ex-Ecology Minister Zlochevsky. According to the suspicion, the Yanukovych family is suspected, in particular, with legalizing (laundering) of criminally obtained income through Franklin Templeton Investments, an investment fund carrying out purchases of external government loan bonds totaling $7.4 billion," Derkach said.
With reference to the investigation, he emphasized: it was money criminally obtained by the "family" of Yanukovych and invested in the purchase of Ukrainian debt in 2013-2014.
For his part, MP Oleksandr Dubinsky from the Servant of the People faction said that according to investigators, "the Yanukovych 'family' illegally obtained $7.4 billion and laundered the funds through an investment fund close to some representatives of the U.S. Democratic Party in the form of external government loan bonds."
Meanwhile, Derkach said that several facts indicate Franklin Templeton Investments' relationship with the U.S. Democratic Party.
"The son of Templeton's founder, John Templeton Jr., was one of President Obama's major campaign donors. Another fund-related character is Thomas Donilon. Managing Director of BlackRock Investment Institute, shareholder Franklin Templeton Investments, which has the largest share in the fund. It is noteworthy that he previously was Obama's national security advisor," Derkach said.
The MP said that the presidents of Ukraine and the United States should combine the efforts of the two countries to establish facts of corruption and money laundering with the participation of citizens of both countries.
"President Zelensky must pick up the phone, dial Trump, ask for help and cooperation in the fight against corruption and fly to Washington. The issue of combating international corruption in Ukraine with the participation of citizens, businessmen and U.S. officials should become a key during the meeting of the two presidents," he said.
Derkach said as a result of the meeting, it is necessary to build interaction between the Ukrainian investigating authorities and the U.S. Department of Justice to obtain information about the organizers of the bond issue, clients and beneficiaries of investment funds for each purchase, interrogate fund officials, etc.
As reported, on October 9, 2019, Derkach published official correspondence between NABU and the U.S. Embassy, according to which the first deputy of the National Anti-Corruption Bureau of Ukraine (NABU), Gizo Uglava, through his assistant Polina Chyzh, for a long time provided the U.S. Embassy with information that negatively affected the course of events in Ukraine and the United States.
Derkach said Chyzh received instructions from the representative of the U.S. Embassy in Ukraine Hanna Emelyanova to provide information on the case involving Zlochevsky.
Derkach also announced the amount of money transferred to representatives of the Burisma Group, including Hunter Biden. According to documents, in general, in favor of Hunter Biden, Alexander Kwasniewski, Alan Apter and Devon Archer, Burisma paid about $16.5 million.
According to Derkach, ex-Prosecutor General Viktor Shokin repeatedly appealed to the NABU Director Artem Sytnyk in the framework of criminal proceedings for Burisma, but constantly received formal responses. The activities of Shokin, according to the MP, irritated then U.S. Vice President Joe Biden during his fifth visit to Kyiv in two years. The visit on December 7-8, 2015, was devoted to solving the issue of Shokin's resignation for the affairs of Zlochevsky and Burisma, he said.
"The subject of pressure was the $1 billion credit guarantee that the United States should have provided to Ukraine: Biden himself acknowledged the pressure in his speech to the U.S. Foreign Relations Council in January 2018," Derkach said.
I would hope that President Trump has the media in the Oval when he tells Ken Starr, Mittens, and the other RINOS to go do something physically impossible. This will blow up everything..I hope!
There will be a time when they can no longer ignore it.
Otherwise, support will no longer be bipartisan./not sarc
I will state it again, Trump is ruining the illegal money kickbacks from the Ukraine. We send them billions and they give the Democrats back millions.
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Bingo. The Ukraine is a “country size” version of a money laundering operation for the Democrats, much like Planned Parenthood is the “corporate” size version.!in both cases, taxpayer dollars go in and contributions to the Democrats flow out along with a few well placed bribes along the way for the connected elites.
Looks like someone got caught with their hand in the cookie jar.
One has to wonder if the Prosecutor General's Office was watching for such activity. Like a mouse trap waiting to be sprung.
Franklin years ago also plead guilty to taking after hour late trades for foreign market manipulation for the benefit of some prime customers. They were fined a significant sum of money. Several firms were involved.
Interesting development here...
More respected than OUR eneMedia, this article also appeared in Russia’s TASS....nothing from our “respected journalists”.
The media is getting paid well not to cover it. A problem is that few people have realized the scale of the thievery that’s been occurring under our noses for decades: funneling drug money, foreign aid funds, etc. back into the pockets of the thieves. This creates a giant web of patronage where nobody wants to rock the boat.Except POTUS.
https://tass.com/world/1090971
World20 Nov, 07:28
Joe Biden’s son and his partners received $16.5 million from Burisma — Ukrainian MP
According to the politician, Hunter Biden was paid by laundered money for his services for Ukraine’s Burisma Holdings energy company
All roads lead to Ukraine. Democrat party’s offshore hideout.
That’s my understanding. We’ll see what comes of this.
I think you are right he’s got Sondland’s knife in his back now. he better go on offense or l am no longer sure he survives. But then I admit it’s not the first time I thought he was in real trouble.
You are right. I wouldn’t be surprised if Ukraine declared the dim party here in the US a terrorist organization.
Twitter just suspended BNL news for posting about this story.
Here is a copy of the tweet that got the account suspended.
https://mobile.twitter.com/FiddlerForest/status/1197238059873398784
i'm half-blooded ukainian ... my dad's parents came over in the 19teens. i remember as a little kid (back in the 50's) being looked at like i was from outer space whenever i admitted to being half ukrainian. not so much any more.
You forgot the /s
Ukraine is the tip of the iceberg.
https://www.washingtontimes.com/news/2014/apr/4/state-dept-misplaced-6b-under-hillary-clinton-ig-r/
State Dept. misplaced $6B under Hillary Clinton: IG report
It is possible that some of your past family helped the United States to win WW2. Many people are unfamiliar with the Ukraine because it rarely comes up for discussion.
Back in the 50’s there was a certain level of competition going on between America and Russia for exploration of Outer Space. I’m sure you’ve heard of the Sputnik Satellite from 1958.
Maybe this ‘Us Against Them” mentality was generalized to include the Ukraine. We were just then stepping deep into the Cold War way of thinking. I’m glad that’s over. I’ve met a few Ukrainians in the Bay Area. Good workers. Good capitalists.
Figures
Templeton’s Hasenstab Winds Down $7 Billion Ukraine Bond Bet
By Natasha Doff and Marton Eder April 21, 2017
Ukraine sovereign debt drops to 3% of total portfolio from 5%. Franklin Templeton became Ukraine’s biggest bondholder in 2013. Franklin Templeton bond chief Michael Hasenstab is pulling back from one of his most contrarian bets of the past decade.
Holdings in Ukrainian sovereign debt in the flagship $40 billion Templeton Global Bond Fund he manages have dropped by half in the past year to about $1.2 billion, or 3 percent of the total portfolio, according to filings posted on the fund manager’s website. Most of the reduction was in Ukraine’s shortest-dated bonds, maturing before the end of 2021, according to data compiled by Bloomberg.
In the second [report], sent to the Washington Post on July 12, [2015] Hasssenstab wrote, that the “Ad-hoc Committee of Bondholders to the Ukraine has invested in the country for more than 10 years, under successive governments, to help fund essential public services and infrastructure, and we well understand its challenges.”
“We believe Ukraine’s financial troubles can be resolved for all parties without creditors immediately writing down the value of their bonds,” Hassenstab wrote.
Hasenstab is taking what, from his perspective and that of many finance professionals, is a reasonable position. He wants the money Ukraine promised to pay back. And he’s given countries like Ireland, Poland, and Hungary, all close to financial ruin, a much-needed financial shot-in-the-arm that helped stabilize their economies.
“He’s a brilliant guy,” said Alex Petrovic, a financial planner in Kansas City, Mo., who has his client’s money in Franklin Templeton funds. “He has a long history of making good bets, and this long history is excellent. We have confidence in him. ”
Ukraine insists Hasenstab and its other creditors have to recognize Kiev is not in a position to pay its debts.
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