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 on: Yesterday at 10:37 am 
Started by Lux - Last post by Brain
It was done in the early seventies when the benefit outweighed the cost. In those days solar and wind and all the renewable stuff and electric cars were not on the radar. Any cost was worth having a reliable source of energy. If governments haven't been planning for this for the last 40 some years there is nothing we can do. Do you want it to be left to decay into the environment on it's own? As part of moving away from fosil fuels we have to be prepared to spend money to clean up what we have all been using and benefitting from for all these years. What we save from using renewables will go to offset the cost of having a cleaner environment when these things have gone.

 on: Thu 23 March, 2017 - 07:42 am 
Started by Lux - Last post by Lux

close to a billion peeps, work harder and longer, pay, pay, pay!

 on: Wed 22 March, 2017 - 05:19 pm 
Started by Kain - Last post by cathy
copper parks on yellow line.

 on: Wed 22 March, 2017 - 05:16 pm 
Started by Lux - Last post by Lux
up to his eyeballs I bet.


NZ firms linked to money laundering
Wednesday, 22 March 2017
The New Zealand Herald
The 21 shell companies in New Zealand, Britain and Cyprus sent 26,746 payments from various accounts to 96 countries, including to some of the world's biggest banks. Photo / 123RF

Companies based in New Zealand were part of a criminal scheme to move large sums of money, including the transfer of US$21 billion out of Russia, according to a group of anti-corruption reporters.

The Organised Crime and Corruption Reporting Project said that reporters from the group and the Novaya Gazeta newspaper in Moscow obtained bank records showing that funds were transferred worldwide via 112 bank accounts in Eastern Europe. They shared the details of the scheme, dubbed Laundromat, with investigative reporters in 32 countries.

Members of the group say in a report published late Monday that they now know where the funds ended up and that banks allegedly refused to shut it down, despite warnings.

Organisers of the scheme created a core of 21 companies based in New Zealand, Cyprus and Britain, run by hidden owners and used by several Russian companies to move their money abroad. All of the core companies appeared to be owned by proxies standing in for hidden owners, with fake directors and shareholders, though the reporters provided no evidence to back the claims.

"Law enforcement agencies in Moldova, Latvia, Britain and Russia continue to investigate Laundromat, but attempts to bring those responsible to justice and to recover the money have been hampered in part by the reluctance of Russian officials to cooperate," the group said on its website.

Between 2011 and 2014, the 21 shell companies in New Zealand, Britain and Cyprus sent 26,746 payments from various accounts to 96 countries, including to some of the world's biggest banks, such as HSBC, Deutsche Bank, Bank of China, Bank of America and Emirates NBD.

Laundered money ended up at several big name companies, including South Korea's Samsung, Swedish telecom company Ericsson, toolmaker Black & Decker and Total Golf Construction Inc., which says it has renovated a Donald Trump golf course in the Grenadines.

Companies contacted over the report denied wrongdoing, saying such business methods were common with Russian clients and added that they had stopped dealing with them. They declined to identify the clients.

Using company records, the investigative reporters said they tracked some clients, many rich and powerful Russians who made fortunes from dealing with the Russian state, including a businessman in the inner circle of Russian President Vladimir Putin and IT distributors in Russia, including for Apple, Samsung and Asus.

Some US$1.2 billion was allegedly funneled through the Estonian branch of Denmark's largest bank, Danske Bank, which acknowledged a "case of possible international money laundering" with illegitimate transactions at its Estonian branch in 2011-2014.

Danske Bank spokesman Flemming Pristed said security procedures had been "insufficient" but now had been improved. Other banks, including Deutsche Bank, have since been fined for lax controls on money laundering schemes.

Reacting to the news, Danish Prime Minister Lars Loekke Rasmussen on Tuesday called the money laundering a disgrace. "It makes me sad and angry," he told Denmark's TV2.

 on: Tue 21 March, 2017 - 04:53 pm 
Started by Kain - Last post by Lux

 on: Tue 21 March, 2017 - 04:48 pm 
Started by Kain - Last post by Lux

 Brought to you by dab

 on: Tue 21 March, 2017 - 02:40 pm 
Started by Kain - Last post by Brain
your milk expired last week

 on: Tue 21 March, 2017 - 02:00 pm 
Started by Kain - Last post by Stu

 on: Sun 19 March, 2017 - 07:53 pm 
Started by Lux - Last post by Mr Nice Guy

Your cuzzy sister is a c**t and needs to close it  Bah Humbug

 on: Sun 19 March, 2017 - 05:52 pm 
Started by Kain - Last post by Mr Nice Guy

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