Officials of the International Monetary Fund (IMF) are in flight from evidence of negligence, incompetence, and corruption in their management of billions of dollars in loans for Ukraine.
Nikolai Gueorguiev, head of the Ukraine team at IMF headquarters in Washington, DC, and Jerome Vacher, the IMF representative in Kiev, refuse to respond to questions on their role in the offshore diversion of IMF loan money through Privatbank and Credit Dnepr Bank, banks owned by Ukrainian oligarchs Igor Kolomoisky and Victor Pinchuk. The Fund’s Managing Director Christine Lagarde (lead image, front) and her spokesman, Gerry Rice (rear), are covering up evidence of conflicts of interest and multiple violations of the IMF Staff Code of Conduct which have been occurring in the Ukraine loan programme. Simonetta Nardin, head of the Fund’s media relations, refuses to explain her apparent violations of the Code, or respond to evidence that she fabricated elements of her career resume.
On Tuesday a spokesman at the US Department of Justice in Washington confirmed that an investigation is under way of the role played by US clearing banks in the movement of IMF funds through the Privatbank group and companies connected with Kolomoisky. Speaking for the Asset Forefeiture and Money Laundering Section, Peter Carr declined to give more details.Dances with Bears
IMF Officials Implicated In Theft, Concealment Of Ukraine Loan Corruption
John Helmer
Those monies for Ukraine were a gift.
ReplyDeleteBanish them to FIFA. :(
ReplyDeleteThose monies for Ukraine were a gift.
ReplyDeleteThat was obvious from the get-go. The question is who they were for, who ended up getting them, and how.