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With Its Gold "Vaporized", A Furious Ukraine Turns On Its Central Bankers
As reported two weeks ago, following a stunning announcement by the head of Ukraine's central bank, Valeriya Gontareva, on primetime TV we learned that (virtually) all of Ukraine's gold was gone, or - in the parlance of Jon Corzine - had "vaporized."
And as we also predicted two weeks ago, it was only a matter of time before Ukraine's people - the vast majority of whom are innocent pawns in a vast game of realpolitik between the west and east - finally got angry and demanded some answers, if not heads. That time came earlier today when as Interfax.ua reported "a Kyiv-based court has instructed Kyiv prosecutors to bring an action against National Bank of Ukraine (NBU) Governor Valeriya Gontareva on charges of abuse of power or misuse of office to obtain illegal profit, the Vesti newspaper reported on Tuesday."
According to Interfax, "This decision was taken by Kyiv's Pechersk district court on December 1 after it had examined case No. 757/33660/14. It ordered the Kyiv prosecutor's office to launch an investigation and include it in the register of pre-trial investigations," the newspaper reported.
Gontareva is charged with abuse of power or misuse of office under Article 364 of the Criminal Code of Ukraine.
The plaintiff is lawyer Rostyslav Kravets, the newspaper said. He confirmed this information in his post on Facebook, saying that the decision was taken by the court at the third attempt, and in November 2014, the prosecutors declined to bring an action to meet his claim.
The charges against the chief banker involve foreign currency interventions by the Central Bank in August 2014: On August 5 the NBU bought U.S. dollars on the interbank forex market for UAH 11.93 per U.S. dollar and sold them for UAH 12.26 per U.S. dollar. During the same week, on August 8, it traded in foreign currency at a higher rate: UAH 12.45-12.6 per U.S. dollar. First it sold $69 million on the interbank forex market at a lower rate, and some days later it bought $35 million at a more favorable price.
As a result of these transactions, the NBU lost 19 kopecks per U.S. dollar, Kravets said.
Kravets claims that by acting so, Gontareva "has intentionally committed an extremely unfavorable transaction for the gold and forex reserves of Ukraine, despite the fact that under Ukraine's Constitution it is the Central Bank that is in charge of maintaining the country's gold reserves."
* * *
That, and of course, there is also that as a result of central bank "transactions" the Ukraine central bank is now essentially gold-free, which per Gontareva's recent appearance, has just 1% of total reserves in the form of the yellow metal.
And while it remains to be seen if this will be the spark that lights the counter-revolution (after all it took Egypt not less than a year to turn against the puppet regime dumped upon it by the CIA and the US State Department) others are already sensing which way the wind is blowing. As Bloomberg reported moments ago, another central banker, Olena Shcherbakova who is head of the monetary policy department at the Ukrainian central bank, said she is resigning. When reaced by phone she stated that she "has the right to step down," without giving reason for decision.
She sure does, although we doubt even a former Goldman Sachs partner would be willing to replace her, as the realization among the Ukraine people finally seeps through that they were thoroughly betrayed by the same people who promised they would fix the country following the February presidential coup.
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Fuck 'em.
http://www.youtube.com/watch?amp;v=OSHaVH9HhfI&app=desktop
I WANT STEAK!
hands up don't shoot. i want steak and so do you!
I WANT STEAK!
Check for a large truck seen going into Putin's Dacha recently...
Did anyone believe any Central Banker wouldn't betray their own people for profit?
Idiots. The Russians just have to sit it out and wait for Ukraine to self defeat.
Never hear much about thermostats in Ukraine, the most wasteful country in Europe
I came back from Kyiv Ukraine a month ago and my Ukrainian born assistant is in the 'Ukrainski' historic premiear hotel in downtown Kyiv at this moment. That hotel used to start at $500 a night and up, but is a bargain now with low occupancy, Great service, nice spa my assistant said. But on this trip there is little in room heat, and the Hotel can only offer extra blankets. Ukraine is many things, but wasteful is not one of them.
What's her room number?
Maybe some banking mafia will see the inside of a jail cell after all.
What about Ukraine's THREE )3) or FOUR (4) TONS of PHYSICAL GOLD BULLION that was renoved fromu Ukraine's central bank in the middle of the night; then flown on a small jet accompanied by U.S. officials which turned that gold over to the New York Federal Reserve the following day !!!!
Am I the ONLY person who recalls this event of early in the Spring of 2014?
In fact, before Yanukovitch became president, Ukraine had very little physical gold bullion in its central bank. However, despite being incredibly corrupt, Yanukovich sought to INCREASE Ukraine's physical gold bullion supplies in its central bank by purchasing some each year of hihs presidency - he felt it was a necessary HEDGE and ASSET against Ukraine's paper currency, the Hryvnia (UAH - prononced "Greev'-na") - and Yanukovitch insisted that this gold bullion would remain WITHIN UKraine !!!
(He did NOT want to become the "next Germany" which has a huge amount of physical gold bullion in the NY Federal Reserve, but which the Federal Reserve - with the exception of about five (5) tons - has REFUSED TO DELIVER to Germany.)
He was able to build up Ukraine's supply until it was taken by "persons unknown" from the Ukraine Central Bank in Kyiv, flown from Kyiv at night in a small, umarked jet with heavy security with a "flight plan" to JFK Airport in New York; and given to the New York Federal Reserve the next day.
John-Henry Hill, M.D.
retired physician
Blog: http://JohnHenryHill.Wordpress.com
AND
Have you since noted that the good ole US of A wants nothing more to do with them?
Got all the gold so they are no longer worth anything. At least to the US.
We have more delicious cookies where those came from and can cut a special discount just in time for Christmas for the rest of our Russian Friends.
In God we trust..All others pay gold please.
Victoria Neuman
PS HABLAMOS ESPANOL!!
She looks like a patsy to me. Set to take the sh*t. Gold long gone by persons of a much higher pay grade than her. Not like you can shoplift it like out of a 7-11.
The International community, OK the US, wanted its investment back. Plus now the country is financially crippled they can move in and loot the country at 10c on the $. The plane maker Antonov has just fired its CEO and chief designer prior to privatisation, Boeing being mentioned.
http://en.ukraina.ru/news/20141202/1011347980.html
Wow each day we here of another whole country that would benefit by arresting Loyd Blankfein.
I'm hopeful but its raining in LA.
Ukraininans never fail to amaze and amuse me. Let me summarize:
* First they take on Russia politically. That's really smart.
* Then those comical Ukrainians decide to not pay for their NG. Oh, boy, and they did it right as winter was settling in. That's brilliant!
* Then they go hog-wild-stupid and sell all their gold to US/EU con artists in an Al Capone-style "protection" scam. That tops the charts in smart stuff to do.
* What'll they think of next? Hmmm ... let me guess. How about bringing in a few tens of thousands of US/EU soldiers to "protect" them.
Sell cropland to china?
Double post
They just gave ukrainian nationality to an american woman and made her the new minister of finance...
http://online.wsj.com/articles/ukraine-goes-abroad-for-government-minist...
Gold was vapoorized.
Why are they so upset? Didn't their good buddies in the EU tell them gold was a worthless relic?
They should be happy. Now that they've cleared out some space, they can load up on debt-based fiat...
Blowback is a bitch baby!
Not that the US media will tell about it...
still time to rescue a fair damsel in distress; or at least I keep telling myself this....why couldn't we start a hottie refugee from the ukraine and trade them for some grade A beef, sheep, or hogs from the midwest. Eh?
I like this storey -
Yatsenyuk - United States, NATO, IMF and illegally made President started his ethnic-cleansing campaign and loaded Ukraine Gold (40 tons)on planes to U.S.
The first report of this alleged shipment was by Russia’s iskra-news.info, on March 7th. Later that same day, Marcus Brooks of NewsWire-24 headlined "Ukrainian Gold Reserves Loaded on an Unidentified Transport Aircraft in Kiev’s Borispol Airport and Flown to Uncle Sam’s Vault." He wrote: "A source in the Ukrainian government confirmed that the transfer of the gold reserves of Ukraine to the United States was ordered by the acting [now permanent] P[rime] M[inister] Arseny Yatsenyuk."
hope, for their sake, they weren’t also just ‘liberated’ of all their gold, which after a brief stay 80 feet below the surface at 33 Liberty, will promptly find its way either to the Bundesbank, or to the billionaire oligarchs
the huge unpaid debt that Ukraine owes to Russia is even less likely to be repaid, because the people in control of Ukraine started immediately by cleaning out the national central bank’s gold in order to pay back some of the mere $5+ billion they owe to their U.S. Government benefactors — and, of course, they’ve now got to pay U.S. firms additionally for the loads of weapons with which to exterminate the residents in Ukraine’s southeastern half (as they’re now doing). Since Ukraine owes Russia over ten billion dollars, Obama’s policy of getting Ukraine to pay off western banks and central banks before a penny will go eastward, to Russia, is part of his plan in the scheme to destroy Russia.??
A huge Golden Calf is being built in Tel Aviv.
Sorry, It is the dawning of Aquarius. That is the next in order. Just sayin.
+1
Hang em all. Can't wait.
After they hang this thief, Lerner next. Then Holder, then Pelosi, then Bloomberg, then Reid, then Obama, then Malloy, then Killary.
Gold? Who cares according to Zerohedge.com via Vlady who is quoted as saying "... our court economists prefer to write this [use of gold] off as a 6,000 year old delusion."
But if you think another recession is coming, then you will want to read this.
http://michaelekelley.com/2014/10/16/8-things-to-do-when-recession-happens/
Thanks
Just stop. Even Your humor section was on par with vogon poetry.
I bet you're a brilliant engineer.
Charging the guilty, and through the fact findings may follow rabbit holes implicating all the Central Bankers in Similar actions. These Non-Productive thieves need to have the courts turn on them, and if the American Millitary back them or protect them then the USA will become Isolated World Wide. (THE NY FED IS THE LEADER) and through it's economic experiments have Raped the peoples enriching the Elite who don't even follow the Laws most do.
Bring out the Nail Guns after the truth shows why the Ukraine want to cause a World War with Russian. Heck , I never under stood to gain from That.
There is a fire at the Ukrainian nuclear station in Zaporizhia.
Chernobyl is also in the Ukraine.
Oligarchs present a jewess, ex-banker, as a scape goat.
this is a cover-up, let us wait, what she will say about oligarchs.
...and speaking of vaporizing gold:
Ancient Gold Found In Toilet Hole Leads To InvestigationBy Kitco News
Tuesday December 2, 2014 10:54 AM
Looks like nobody but the government catches a break.