SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering-- CAPT AJIT VADAKAYIL

A SHELL COMPANY  is a business in name only, with no actual employees or products. It exists only on paper and can be set up within a matter of hours. 

They are the global getaway cars for criminals involved in money laundering, bribery, tax evasion, drug trafficking, piracy and terrorism.. 

The term SHELL company is  used to describe companies that exist merely as a front for a person or organisation that wishes to hide its identity.  

There were  214,000 shell companies related to the Panama-based law firm Mossack Fonseca.

I just saw MK Stalin of DMK walking around with a torn shirt.

Jew Rothschild’s agent EVR Periyar cried “ God is dead” and he burnt idols of Hindu gods on the streets of Chennai

Atheist M Karunanidhi named his son Muthuvel – but then added the name Stalin 4 days later when commie atheist Joseph Stalin  of Russia died.

Little does Karunanidhi know that Stalin of Russia was a Jew –of Jew Rothschild blood.

And I am sure he would have never heard of Baku-  though he must have heard of Mossack and Fonseca of Panama.

Oil extraction started in Baku in 1872, when the Russian Czar auctioned the parcels of oil-rich land around Baku to JEW Rothschild .  

Bnito (from Russian "Batumskoye Neftepromyshlennoye i Torgovoye Obschestvo", or the Caspian and Black Sea Oil Company, was an oil business founded in 1883 by French Alphonse Rothschild ..

In 1911, the company was acquired  by Royal Dutch Shell.    

Shell was formed in 1907 through the amalgamation of the Royal Dutch Petroleum Company of the Netherlands and the "Shell" Transport and Trading Company of the United Kingdom—all owned by Jew Rothschild.

By the beginning of the 20th century more than 55% of  world oil production was being extracted in Baku.

JEW Nobel ( of Nobel prize fame ), Crypto Jew Rockefeller  ( Standard Oil company owner ) , Jew Stalin ( Union Leader Ioseb Besarionis dze Jughashvili ) ,  Jew Rothschild  ( Shell oil company owner  ) all are part of Baku lore.

http://ajitvadakayil.blogspot.in/2015/04/lawrence-of-arabia-part-two-capt-ajit.html

Panama’s history as a tax haven is quite old. It goes all the way back to 1919

Today we all hear the term SHELL COMPANY  for HIDING DIRTY MONEY.

What is its origin?

It originated in Panama .

“SHELL COMPANY “ FOR TAX EVATION AND MONEY LAUNDERING HAS BEEN GIVEN HAJAAR SPIN BY JEW ROTHSCHILDs HISTORIANS.  

 I WONDER WHY A BLOGGER HAS TO REVEAL THIS FOR THE  FIRST TIME ON THE PLANET.

My revelations now jump to 31.5%

A tax haven in Panama helped SHELL of Rothschild and Standard Oil of chillar agent Rockefeller  dodge U.S. taxes and regulations, such as the Seaman’s Act, which provided certain rights for sailors and safety standards for the boats.   

At sea I was victim to this as I commanded several Panama Flag ships.  

Offshore financing  soon followed when Jew Rothschild , searching for ways to avoid taxes, helped Panama craft lax company incorporation laws that enabled foreign investors to set up tax-free, lax company incorporation laws-- anonymous corporations, with few questions asked.

The development of Panama offshore, however, took place in the 1970s. Panama adopted the familiar tax haven model, based on the three pillars of tax havens: the tax exempt company, bank secrecy laws, and competitive incorporation laws, adopting Jew Rothschild’s  Swiss-style banking secrecy, abolishing currency controls and setting up tax exempt companies. 

But hey, as far behind as  1903, the administration of US President Crypto JEW Theodore Roosevelt created the country after bullying Colombia to hand over what was then the province of Panama. Roosevelt acted at the behest of  JEW Rothschild.

This had happened as a result of a covert operation approved by the Roosevelt administration to foment an armed rebellion to wrest Panama away from the then politically fragile Colombia.   Roosevelt achieved this goal with the help of William Cromwell,who was legal council for Rothschild’s US agent JP Morgan’s railroad interests.

The Administration’s key objective was to ‘liberate’ Panama for the purposes of securing rights over the Panama canal. The result was the Hay-Bunau-Varilla Treaty of November 1903, establishing permanent U.S. rights to a Panama Canal Zone several miles wide, stretching across the isthmus. 

Panama became independent that same month. The U.S.-backed project to build a canal through Panama, connecting the Atlantic and Pacific Oceans for trade, went ahead, and the canal opened in 1914.

From the very beginning the shipping registry was designed in classic offshore style: minimal taxes, regulations and disclosure requirements, in order to attract foreign shipping owners who wanted to escape these things in their home jurisdictions. 

This has been a leitmotif of the offshore system from the outset: affording maximum privileges to the owners of capital that would allow them to trample on workers’ rights, tax payments, and disclosure. The Panama registry reportedly provided offshore escape routes from the outset.

The first transfer of ships to Panama’s register in 1922 involved two US passenger ships wishing to serve alcohol to passengers during Prohibition. More followed as shipowners sought to avoid higher wages and improved working conditions secured through US legislation.

Over the years, however, many Panamanians agitated for the canal zone to come under full Panamanian control, amid a long history of political instability which deterred most offshore activity. Panamanians finally got what they wanted in the 1970s.  The signing of two treaties happened in 1978:

The first, called The Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal, or the Neutrality Treaty, stated that the United States could use its military to defend the Panama Canal against any threat to its neutrality, thus allowing perpetual U.S. usage of the Canal. 

The second, called The Panama Canal Treaty, stated that the Panama Canal Zone would cease to exist on October 1, 1979, and the Canal itself would be turned over to the Panamanians on December 31, 1999. These two treaties were signed on September 7, 1977.

This planet does NOT know is that Rothschild groomed a crypto Jew Yank in America, exactly the way he groomed  JEW Churchill in England.  This stooge was a JEW  Theodore Roosevelt who held two terms as US president and also became the youngest President ever. 

His 4th cousin Jew FD Roosevelt would later become the US President for three terms running.  JEW FD Roosevelt would team up with Jew Winston Churchill , Jew General Eisenhower ( Ike ) and Jew Stalin to manipulate the 2nd World War and carve out the promised land of Israel..

78,000 Jews were driven out of Spain, which the modern Jews have inflated to 300, 000-- as usual . The Catholic Monarchs King Ferdinand and Queen Isabella acted on 31st March 1492, after a decree from the Pope -- also known as Papal bull. 

Now can your believe this? 400 years later Rothschild avenged the Jews and punished the Spaniards using their stooge in USA Theodore Roosevelt--destroying the glorious Spanish Empire.

http://ajitvadakayil.blogspot.in/2012/10/explosion-on-ss-maine-grooming-of.html

JEW Rothschild’s agent JEW Hitler did NOT die in his Berlin bunker. He lived to a ripe old age in South America

Jew Hitler had his German agent in Panama to sell his stolen art and siphon money -- JEW Erhard Mossack, a Rottenführer (senior corporal) in the Waffen-SS, the armed wing of the Nazi Party's Schutzstaffel.    

The SS, or Schutzstaffel, was a paramilitary organisation set up by Adolf Hitler in 1925, and its personnel served as bodyguards for him and other high-ranking officials of the Nazi party during World War II. 

The Waffen was the armed wing of the SS, a bodyguard’s bodyguard, if you will. Erhard was part of its “Death's Head” division.

Erhard was the father of JEW Jurgen Rolf Dieter Mossack of Panama law firm Mossack and Fonseca.

Erhard’s another son JEW Peter Mossack has served as Honorary Consul of Panama in Frankfurt am Main, Germany, from 2010 to date

http://ajitvadakayil.blogspot.in/2015/10/if-zionist-jews-created-isis-who.html

There are several Hitlers in a village in Panama-a place where Hitler was generous with his largesse while hiding after WW2. 

Example?  Hitler Cigarruista is the director of the Financial Capital Panama's largest financial newspaper ( Director Editorial del Capital Financiero)

Co founder crypto JEW Ramón Fonseca is an award-winning novelist ( for bullshit work ) who has worked in recent years as an adviser to Panama’s president..

In 1975,  Jurgen Mossack worked as a lawyer in London before returning to Panama to start a firm in 1977.   

Mossack’s practice only became Mossack Fonseca in 1986, when it merged with the firm run by Ramón Fonseca Mora, our Panamanian bullshit novelist, lawyer, and politician. 

They built a global group of 600 employees and 46 subsidiaries, including the Bahamas, the British Virgin Islands, Hong Kong, Switzerland, Jersey, Luxembourg, the US, specifically the states of Wyoming, Florida, and Nevada.

Mossack Fonseca worked with more than 14,000 banks, law firms, company incorporators and other middlemen to set up companies, foundations and trusts for customers

Megastars Jackie Chan and Lionel Messi are among the big names celebrities named in the Panama files as using the controversial law form to invest their millions offshore.  At least 20 other footballers from super teams Barcelona, Real Madrid and Manchester United are also said to have used Mossack Fonseca's services to set up offshore havens.

http://www.hindustantimes.com/world/stars-in-panama-papers-leak-big-b-jackie-chan-aishwarya-rai/story-wj4vPfd3ONjbiMTW2AsoIM.html

Amitabh Bachchan · @SrBachchan

 20th Apr 2016 from TwitLonger

T 2232 -My statement to media yesterday re Panama not come out in some papers. Here it is :
On the Panama disclosures, I wish to state that queries continue to be sent to me by the media. I would humbly request them to kindly direct these to the GOI where I, as a law abiding citizen have already sent, and shall continue to send, my responses. I stand by my earlier statement on the ‘misuse of my name’ in the matter and in any event the press reports do not disclose any illegal act committed by me.

ALMOST EVERY SUPER YACHT OWNER ( EXAMPLE BELOW)  OPERATES SHELL COMPANIES 

If you're a African warlord or a corrupt politician, you like shell companies because they provide an anonymous way to take ill-gotten money and move it into the legitimate financial system — good for buying super yachts

Some of the assets cycled through the shell companies were used to buy yachts, private jets, Manhattan penthouses and luxury homes in Beverly Hills, Calif., the Panama law firm documents show.

The 68-year-old Mossack owns a yacht named Rex Maris, a collection of gold coins, a teak plantation, and a helicopter, among other assets, according to the ICIJ.

Mossack Fonseca’s fingers are in Africa’s diamond trade, the international art market and other businesses that thrive on secrecy.    The firm has serviced enough Middle East royalty to fill a palace.   

It’s helped two kings, Mohammed VI of Morocco and King Salman of Saudi Arabia, take to the sea on luxury yachts

Another banker explained that yachts and real estate could also be sold a lot easier avoiding time-consuming bureaucracy, when a boat or a villa was owned by an offshore company. All the owner had to do was to sell the entire shell company.

Here's how the scheme works : Say you've got a super yacht parked in some Pacific  island., but you don't want anybody to know that it belongs to you, perhaps because you're a corrupt government official who shouldn't be able to afford such a thing.   

Instead of the yacht being registered under your name, it can be bought and registered under the name of the shell company that Mossack Fonseca has created for you in the offshore tax haven of your choice. Now, if someone wants to find out who owns your yacht, it will be virtually impossible.

The same setup could be used to hide your ownership of a private island, $100 million in cash, private jet or any number of other assets or funds.

The so-called Panama Papers released in April revealed that King Salman was involved in offshore companies in Luxembourg and the British Virgin Islands.  The records linked him to a super yacht and multimillion-dollar properties in London — one a majestic home with a balustraded balcony near Hyde Park in the tony Mayfair district.

Princess Basmah bint Saud, a daughter of King Saud, five years ago put the number of royals at 15,000.

Expensive assets can be placed into a shell company and sold as a way of avoiding taxation and registration fees.

A millionaire’s yacht, for example, can be listed as the property of a shell company. Instead of selling the vessel itself, the company can be sold as a whole. No new registration fees, and no new taxes.

NO NEED FOR MANY WIVES AND MISTRESSES TO TEAR EACH OTHERS HAIR WHEN HE DIES

But the money doesn't necessarily stay there. In 2014, the Chinese overtook the Russians JEWS  as the largest buyers of New York City condos.     Other laundered money is used to purchase London mansions, yachts, securities, art, and luxury estates around the world.

YOU MUST HAVE WONDER HOW SHIT PAINTINGS FETCH MILLIONS OF DOLLARS. 

WELL IT IS A JEWISH SCAM.

TILL INDIAN PAINTER FRANCIS NEWTON SOUZA DIED,  HIS PAINTINGS DID NOT FETCH ANY  HIGH PRICES.    

IT JUST STAYED IN THE LIMELIGHT JUST BECAUSE HE MARRIED A WHITE JEWESS ..

AS SOON AS HE DIED HIS JEWESS RETARDED DAUGHTER STARTED RAKING IN MILLIONS. (  POOR "APUN BHI ART COLLECTOR " TINA MUNIM  ) 

http://ajitvadakayil.blogspot.in/2015/09/francis-newton-souza-birth-painting.html

IN  “ BREAKING BAD “  IRISH POTATO EATER SAUL PRETENDS TO BE A JEW —IT HAS GREAT ADVANTAGES

http://ajitvadakayil.blogspot.in/2017/02/breaking-bad-tv-serial-review-where.html

Below: My younger son's painting in a inter school school art competition at the age of 9 -- in just 30 minutes 

I can and my younger son can paint better than Souza with our legs .

http://ajitvadakayil.blogspot.in/2011/02/modern-abstract-art-and-picasso-capt.html

What visitors in art galleries and Christy / Sotheby auctions don’t know as they look at these Monets, Matisses and other masterpieces is that many of them are legally owned by secrecy-guarded companies in tax havens: Liechtenstein, the Cayman Islands, the British Virgin Islands and the Cook Islands.

Van Gogh’s 1884 painting, Water Mill at Gennep, is one of the works  Thyssen-Bornemisza purchased with the help of an offshore operative based in the Cook Islands

Well-known art collectors with companies registered through Mossack Fonseca include Spain’s Thyssen-Bornemisza clan, and Picasso’s granddaughter, Marina Ruiz-Picasso.

Documents obtained by the International Consortium of Investigative Journalists show how Thyssen-Bornemisza built up part of her collection ( wife of German Jew  Baron Hans Heinrich Thyssen-Bornemisza )  buying art from international auction houses such as Sotheby’s and Christie’s through a Cook Islands company.

Hans Heinrich Thyssen-Bornemisza was grandson of Rothschild’s shipowner front agent JEW August Thyssen  ( son of Rothschild’s agent banker Friedrich Thyssen  )  was one of the first to start collecting works of art using Rothschild’s money.

ALL PAINTINGS STOLEN BY JEW HITLER WERE JEW ROTHSCHILDs MAAL--  LATER. SOLD VIA PANAMA  

Mossack Fonseca was constantly helping to shuffle billions of dollars’ worth of art in and out of shell companies based in tax havens around the world.

Russian oligarch Dmitri Rybolovlev, for instance, incorporated a company called Xitrans Finance Ltd in the British Virgin Islands, to own paintings by Picasso, Modigliani, Van Gogh, Monet, Degas and Rothko.

When he split from his wife Elena, he used Xitrans to move the art out of Switzerland – and, not coincidentally, out of the jurisdiction of the Swiss divorce courts.

If Mossack Fonseca’s main job was to keep assets and their ownership secret, then it was tailor-made for servicing the international art world, where dynastic fortunes can be made on the basis of nothing more than knowing who owns what.

ART IS USED FOR MULTIPLYING MONEY AND MAKING MONEY OUT OF THIN AIR—AN ART PERFECTED BY JEWS.

JEWS OWN ALL CRITIC MAGAZINES AND FINE LIFE TV  

SHIT  FUCKIN’ WINE IS SOLD FOR THOUSANDS OF DOLLARS—WINE TASTERS ARE IN THEIR PAYROLL

http://ajitvadakayil.blogspot.in/2011/10/chilean-wine-and-art-of-wine-tasting.html

JEW Dmitry Yevgenyevich Rybolovlev  is a Russian businessman, investor..   In 2014, a Swiss court ordered him to pay over $4.8 billion to his former wife Elena Rybolovleva THE most expensive divorce settlement in history. 

 In  2016, it was revealed by the International Consortium of Investigative Journalists (ICIJ) that Rybolovlev used a company registered in the Virgin Islands to hide art from his former wife Elena during their divorce proceeding.

Below: Elena baby stole his 28 million diamond ring 

Consider the man who sold Rybolovlev most of those paintings. Yves Bouvier is connected to five different Mossack Fonseca companies (Rybolovlev is comparatively modest, with a mere two), and would mark up the paintings he was selling by astonishing amounts.

 Bouvier started off by buying a Gauguin for $9.5 million and then selling it for $11.3 million, but soon got more ambitious. He bought a Picasso for $4.8 million and then flipped it to Rybolovlev for $34.4 million. 

He sold the oligarch a Klimt masterpiece for $183 million, including a $60 million profit for himself. There was also a Rothko that he bought for $80 million and sold for $189 million.

Bouvier bought a Modigliani from Steve Cohen for $93.5 million, and then sold it to the Russian Rybolovlev for $118 million. 

Add it all up, and Rybolovlev’s lawyers estimate that Bouvier overcharged his client by the hilariously specific, yet eye-poppingly enormous, sum of $1,049,465,009. Call it a nice round billion.

In the art world, by contrast, the most transparent companies of all – the auction houses – typically charge sellers about 12 percent, and buyers about 20 percent, for a total commission of more than 30 percent.  

And in private transactions, the slice taken by the middleman can be bigger still – even when prices get up into the $100 million range, as can be seen with the Bouvier-Rybolovlev transactions.

Dmitri Rybolovlev, incorporated a company called Xitrans Finance Ltd in the British Virgin Islands, to own paintings by Picasso, Modigliani, Van Gogh, Monet, Degas and Rothko.    

When he split from his wife Elena baby, he used Xitrans to move the art out of Switzerland – and, not coincidentally, out of the jurisdiction of the Swiss divorce courts.

The purpose behind such corporate SHELL company maneuvers nearly always involves opacity: to ensure that no one knows who the art sellers might be, or what other art they might own.

On top of that, the art market is characterized by easily-moved goods. Sometimes, a painting doesn’t even move when it’s sold; the “freeport” simply changes the name of the owner.

 The combination of tax havens, portability and secrecy is catnip to money launderers:   Add a few layers of shell companies, and you have a way of storing and moving billions of dollars in value in a manner that’s all but untraceable.

What kind of person invests in an asset that sits expensively in a warehouse, is never exhibited, and never generates any cash, but can be liquidated for a huge amount of money in case of emergency?   

The secrecy of the art world, enabled by agents such as Mossack Fonseca, is a cancer that withholds masterpieces from public view and that turns the art market into a billion-dollar game of ultra-high-stakes hide-and-seek.   

It is a cosy kosher club.  

If you are not a Jew you get cheated .

Yes, the amount of money in the art world has never been greater. But the Panama Papers are a welcome reminder of the real-world cost of all that money.

Italian artist Amadeo Modigliani, is known as “Seated Man with a Cane.” Modigliani, a young, impoverished alcoholic, died of tuberculosis almost a century ago; his paintings today sell for as much as $170 million.

The JEW Nahmad family has controlled the Panama-based company, International Art Center, for more than 20 years, the records show. It is an important part of the family’s art business. David Nahmad, the family leader, has been the company’s sole owner since January 2014.

Mossack Fonseca not only helped the Nahmads establish International Art Center in 1995, it provided many of its other clients with the tools to secretly carry out high-end art transactions worldwide for works by artists such as Van Gogh, Rembrandt, Chagall, Matisse, Basquiat and Warhol.

.

Since art is easily transportable, expensive and poorly regulated,  it is often used for money laundering…the international art world, where dynastic fortunes can be made on the basis of nothing more than knowing who owns what.

Art has become a valuable asset for a global kosher elite eager to stash their money in safe and secluded harbors.  In 2015, sales of art exceeded $63.8 billion.

The Mossack Fonseca data provides new insight into a legal dispute involving the GOYIM Goulandris family, a Greek shipping dynasty that is in the middle of a fight over what happened to 83 missing art masterpieces-- the largest collection of missing paintings in history—worth more than 3100 million USD.

Money obtained illegally—from fraud, embezzlement, bribery, etc.—needs a hiding place. A huge deposit into a bank account, with no clear indication of where that money came from, is a red flag for the IRS.

So instead of depositing dirty money, or holding onto it as cash, disreputable people will often turn the money into something else ( say art ) or filter it through a business so it comes out the other side looking like the profits of a legitimate enterprise.

Money laundering can be tricky since governmental tax and revenue agencies keep a close eye on how money is circulated.   In the US, deeds and titles require a name, at least.

However, the art market—where the price of an artwork can rise or fall by the thousands from one sentence to the next, deals are made in secrecy, and “private collectors” remain anonymous—is virtually unregulated.

SHIT PAINTINGS TURN INTO GOLD

The tax laws in art make it basically legal to not pay taxes on art.   Hypothetically, someone could buy millions of dollars worth of art without the IRS knowing, and then later sell those works for a “legitimate” profit that looks clean on taxes.

Thousands of paintings are being used by criminals to hide illicit profits and illegally transfer assets around the globe.

In February of 2013, the European Commission passed ordinances that require European galleries to report sales above 7,500 euros paid in cash, as well as file suspicious-transaction reports.

In 2015, sales of art exceeded $63.8 billion,

Roughly half of art transactions are private, strictly between sellers and buyers. There is little public information about these sales.   The rest are done through public auctions, which provide some transparency in regards to price but usually still allow buyers and sellers to remain a mystery.

When high-dollar art changes hands, it often lands in a free trade zone known as a freeport. As long as art is housed in the freeport, owners pay no import taxes or duties.

The freeport system is used to dodge tax or launder money since precise inventories and transactions are not tracked.  The oldest freeport, with the most art, is in Geneva. Its complex of storage facilities is said to contain enough treasure to rival any museum in the world.

Christie’s ( French Rothschild front Pinault ) branch  has left their rival Sotheby trailing. As art prices surged, so did Christie’s shares. Sales of Christies in 2015 totalled  was in excess of  $7.4 billion USD.   

Crypto Jew  James Christie  dies 1803) was the founder of auction house Christie's.  Auctions are theatrical spectacles with a lot of scaffolding and engineering behind them.

Shell companies are part of that scaffolding. Art buyers and sellers can hide assets, evade taxes and remain anonymous,

Panama Papers provides unprecedented look at connection between international art trade and offshore secrecy

ART VALUE JUMPS— MANIPULATED  BY JEWS – AT KOSHER WILL-- MONEY OUT OF THIN AIR

JUST LIKE KOSHER CARBON CREDITS / OFFSETS - CAP AND TRADE -- MONEY OUT OF THIN AIR  USING SHELL COMPANIES -- AT KOSHER WILL AND KOSHER TERMS

Capt. Ajit Vadakayil
January 7, 2017 at 2:45 PM
hi rm,

MAN MADE CO2 CAUSING GLOBAL WARMING WAS A HOAX CREATED BY JEW ROTHSCHILD USING HIS JEW AGENT MAURICE STRONG

MAURICE STRONGs FATHER WAS DENG XIAOPENG THE PREMIER OF CHINA ( 1978-89) AND HIS MOTHER WAS ROTHSCHILDs AGENT JEWESS ANNA LOUISE STRONG

CO2 HAS NOTHING TO DO WITH GLOBAL WARMING OR CLIMATE CHANGE

ZIONIST JEWS ARE MAKING MONEY OUT OF THIN AIR WITH CARBON CREDIT/ OFFSET LIES

ROTHSCHILD GAVE AL GORE THE NOBEL PRIZE FOR BACKING MAURICE STRONGs LIES

The two EVIL rothschild's choirboys singing loudest in the Holier Than Thou Global Warming Cathedral were Maurice Strong and Al Gore.

This duo has done more than anyone else to advance the alarmism of man-made global warming--with rothschild's media support

Both Maurice Strong and Al Gore cashed in on the lucrative cottage industry known as man-made global warming--for their LORD AND MASTER Jew Rothschild.

Rothschild's poodle UN played ball.

UN ENDORSED THE MEGA SCAM OF CARBON CREDIT / OFFSET. ROTHSCHILD AGENT JEWS IN UKRAINE MADE HAJAAAAR MONEY..

THESE BASTARDS IGNORED METHANE AND NITROUS OXIDE .

MODI WAS ASKED AGAIN AND AGAIN AND AGAIN--NOT TO SIGN THE PARIS COP 21--BUT HEY, GUJJU NO 2 WAS MORE LOYAL TO OBAMA ( LEGACY ) THAN BHARATMATA.

NITROUS OXIDE HAS NO CARBON IN IT--IT IS AN INORGANIC GAS

Maurice Strong was on the board of directors of the Chicago Climate Exchange, described as "the world's first and North America's only legally binding greenhouse gas emission registry reduction system for emission sources and offset projects

ROTHSCHILDs APCO BRANDED MODI EVEN WROTE A CLIMATE CHANGE BOOK-THOUGH HE KNOWS SHIT .

Al Gore bought his carbon off-sets from himself--the Generation Investment Management LLP, "an independent, private, owner-managed partnership with offices in London and Washington, D.C." of which he is both chairman and founding partner.

MAURICE STRONG IS GUILTY OF SHIFTING US INDUSTRIES TO CHINA- AND MAKING CHINA AN ECONOMIC SUPERPOWER --AT THE EXPENSE OF USA

Maurice Strong ( JEW ROTHSCHILDs AGENT ) was the main player in the world of climate change, and THE main architect of the Kyoto Protocol. .

Rothschild's agent JEW Mikhail Gorbachev did his part from behind the scenes

MODI CHOSE CHITPAVAN PRAKASH JAVEDEKAR FOR REPRESENTING INDIA AT PARIS COP21-- A TOTAL SELL OUT TO JEW ROTHSCHILD WHO BRANDED HIM WITH APCO.

http://ajitvadakayil.blogspot.in/2016/12/arctic-ice-melt-and-methane-time-bomb.html

http://ajitvadakayil.blogspot.in/2016/04/most-potent-greenhouse-gases-nitrous.html

http://ajitvadakayil.blogspot.in/2016/06/methane-time-bomb-arctic-ice-meltdown.html

CONTINUED TO 2-

1. Capt. Ajit VadakayilJanuary 7, 2017 at 3:05 PM

   CONTINUED FROM 1-
   
   PICTURE BAAKI HAI BHAIYYA
   
   THIS BLOGSITE WILL MAKE SURE ALL CLIMATE CHANGE CONMEN ARE FLUSHED DOWN THE SHIT POT
   
   ANYBODY WHO THINKS , THIS BLOGSITE DOES NOT HAVE THE POWER --RAISE YOUR FUCKIN' HANDS
   
   I SEE NO HANDS ..
   
   GOOD !
   
   DONALD TRUMP-
   
   LISTEN UP AND LISTEN GOOD
   
   MAURICE STRONG AND AL GORE ARE RESPONSIBLE FOR THE IRREVERSIBLE DECLINE OF USA AS A WORLD SUPERPOWER… ALLOWING CHINA TO OVERTAKE …
   
   ALL IT TOOK WAS A SIMPLE LIE FROM JEW MAURICE STRONG SUPPORTED BY AL GORE AND JEW NOAM CHMOSKY…
   
   In 1997, an international agreement was signed in Kyoto seeking to limit greenhouse gas emissions. It was named after the host city and carries a handle better suited for a Robert Ludlum novel: The Kyoto Protocol.
   
   Every business in every country that signed the Kyoto Protocol is supposed to have an allowance of “carbon credits.” Businesses that exceed their allowance must buy some carbon credits. These can be purchased from “green” companies that have not used their allocation of carbon, or they can be bought on a “carbon exchange.”—
   
   JEWS LAUGHED AND SANG ALL THE WAY TO THE BANK
   
   Let’s take, for example, a factory. The factory is emitting 125 tons of carbon dioxide per year, but its allowance is 100 tons. The factory must now cut its production to bring it into alignment with its 100-ton quota, or buy 25 credits from, say, a biofuel company that is producing “carbon neutral” fuel—an entirely different view of the biofuel craze.
   
   As the population grows, as new companies are created and existing ones expand their productivity, the use of energy (and thus carbon-based fuels and emissions) will increase. The quotas for a country, however, will actually be lowered.
   
   Of course, as carbon quotas (or caps) are lowered, the value of carbon credits increases.
   
   You get the picture: the rules of supply and demand will prevail and the cost of carbon credits has a built-in price increase.
   
   President Obama has committed to a goal of reducing carbon dioxide emissions to 17 percent below the 2005 levels this year and reducing emissions by 80 percent by 2050.
   
   This is exactly what the “cap-and-trade” legislation that passed the U.S. House of Representatives in June of last year mandates. That’s right, the same circus act that brought you last year’s $1.5 trillion budget deficit has passed a bill to force you to use less energy—because CO2 is creating global warming.
   
   Except, there is no MAN MADE global warming due to CARBON DI OXIDE
   
   Jew Rothschild’s agents made a feasibility study to issue carbon “credit cards” to every citizen under a nationwide carbon rationing system.
   
   
   CONTINUED TO 3--

   
   
2. Capt. Ajit VadakayilJanuary 7, 2017 at 3:05 PM

   CONTINUED FROM 2-
   
   Under this plan everybody would get an annual allowance of carbon they could spend on products such as food, energy and travel. Individuals would have to swipe their carbon card every time they bought gas, paid a utility bill or booked an airline flight.
   
   Carbon emission limits, and the buying and selling of “credits” to deal with them (called Cap and Trade), are a solution created to deal with a catastrophic—though nonexistent—problem created by what is arguably the most well-orchestrated ROTHSCHILDs CONMEN campaign in history.
   
   This CRIME can never ever be superceeded.
   
   
   You should see the way PM Modi ( who knows shit ) drools when he talks about solar and wind power
   
   The whole sordid affair is about making Zionist Jews and their allies rich beyond all imaginings.
   
   On a tactical level, Cap and Trade does three things: it suppresses productivity and thus increases unemployment; it drives a biofuel agenda (for carbon credits) that is destroying the earth’s ecosystem, and, if continued, will destroy the very air we breathe; and it creates a massive new international Ponzi scheme that has the Zionist Jew international banks orgasmic with delight
   
   Banks and other entities will be buying carbon credits, packaging them up, and selling them by the trillions. Every Rothschild controlled banks have been investing in carbon friendly enterprises.
   
   Not to be outdone, the World Bank has joined the CCX and now operates a Carbon Fund for Europe that helps countries meet their Kyoto Protocol requirements.
   
   Bilderberg Club pushed the foul agenda. Major corporations, including the large oil companies, are strong supporters of cap-and-trade legislation and are members of these carbon exchanges as well. Why would an oil company be interested in this game?
   
   THEY CAN FOOL THE WHOLE WORLD—THEY CANT FOOL CAPT AJIT VADAKAYIL
   
   Capt ajit vadakayil
   ..

Mainstream KOSHER financial institutions including Merrill Lynch, J.P. Morgan, Deutsche Bank, and Goldman Sachs have joined the booming carbon market

JEWS HAVE MASTERED THE ART OF MAKING MONEY OUT OF THIN AIR.

Carbon credit is like Ponzi con AMWAY points.

JEWS always will make the moolah-- everbody else loses.

It is a WIN-LOSE system.

A carbon credit (often called a carbon offset) is a KOSHER financial instrument ( which made Al Gore a CARBON BILLIONAIRE ) that represents a tonne of CO2 (carbon dioxide) or CO2e (carbon dioxide equivalent gases) removed or reduced from the atmosphere from an emission reduction project, which can be used, by governments, industry or private individuals to offset damaging carbon emissions that they are generating.

Carbon credits are associated with either removing existing CO2 or CO2e emissions from the atmosphere in the case of carbon sequestration from forests and planting of trees or the reduction of future CO2 or CO2e emissions from renewable energy and energy efficiency projects that displace fossil fuel power generation production or industrial processes.

Carbon credits originate from a range of emission reduction activities associated with the removal of existing emissions from the atmosphere and the reduction of future emissions. These are commonly called KOSHER "methodologies".

Afforestation and reforestation activities are a key means by which existing emissions can be removed from the atmosphere and carbon credits created while construction of a USELESS UNSTEADY KOSHER wind farm rather than a EFFICIENT WORKHORSE coal-fired power station may create carbon credits through reducing future emissions

BRRAAAAAAYYYYYYYYYYYYYYY !

 The carbon market was born out of the 1997 Kyoto Protocol, which mandates the curbing of carbon emissions.  To comply, the 182 nations that signed the protocol must meet targets for reducing emissions of greenhouse gases—climate-warming gases that include the common industrial by-products carbon dioxide and methane.   

Meanwhile, many companies are participating in carbon trading voluntarily, either to build a green reputation or in anticipation of looming regulation.   Under a cap-and-trade program offsets are a form of currency to help participants meet the regulations. 

If you need to emit less carbon, you can change your process, you can change what fuel you use, or you can find a company that you can pay to reduce those tons for you, which is what happens when you buy an offset.   

A company that needs to eliminate 1,000 tons of emissions from its ledger might pay for a project that will plant enough trees to absorb that amount of carbon dioxide.

To show that an offset project does what it claims—actually reduce emissions— you have to argue that there will be lower emissions than would have been the case without the project. 

That type of measurement is just doomed from the start.

And people are aware that it can’t be verified, which opens the way to making any claim you want to make. There have been a lot of complaints about so-called carbon kosher boys making a lot of money on nonexistent carbon reductions

Since the question can’t be decided scientifically, there’s no sheriff other than Jews in cahoots.

Europe’s carbon-trading market was supposed to be capitalism’s solution to global warming. Instead, it became a playground for gangsters, international crime syndicates, and even two-bit kosher crooks -- who stole hundreds of millions of dollars in pollution credits.

Although stockbrokers have to be licensed, just about anybody can become a carbon trader.   

The  future of international fraud is KOSHER carbon crime.  

And hey, SHELL companies come in handy—after all it involves swindled dirty kosher money . 

Emissions trading is now the fastest-growing commodities market in the world, and criminals have eagerly exploited weaknesses and gaps in that market’s regulations and security— billions of  dollars in illegal profits and threatening to destroy the much-lauded environmental concept of “cap and trade” as they go.

The carbon credit is essentially a permission slip with a cash value that allows a country or company to emit a certain amount of greenhouse gases.   In a standard cap-and-trade system, a governing body sets a limit on the total allowed emissions and doles out or auctions off credits that add up to that limit.

If a company is flush with carbon credits, it can keep its dirty coal plant.

Slash the plant’s emissions, and the company will have excess carbon credits it can trade to, say, an oil company looking to pollute more.   

Societies have determined that global temperatures should not rise more than two degrees Celsius to avoid the worst impacts of climate change. If they use credits to prevent going over that level, the thinking goes, carbon trading will help keep the world from burning.

The list of possible carbon crimes goes well beyond stealing and reselling credits: It includes, among other offenses, tax fraud, securities fraud, transfer mispricing, and money laundering, plus phishing and theft “of personal information or identity theft.”

And cash procured can end up lining dangerous pockets.:    This carbon trading scam has helping fund terrorist groups in the Middle East created /armed by Jews using SHELL companies .

Among the most galling crimes, from an environmental perspective, are sales of nonexistent credits. Most such crimes involve carbon offsets—when polluters,  pay for emission cuts elsewhere. Offset projects have included tree planting in Uganda and South Sudan and biogas projects, in place of coal plants, in India.

Critics of offsets say they only allow rich countries to feel better about bad behavior, rather than encouraging governments to correct that behavior

Compared offsets to indulgences sold centuries ago by the Catholic Church—cash for forgiveness.

But the real problem with offsets has been fraud. For instance, back in 2007, fittingly, a Vatican cardinal stood before cameras and received a certificate declaring the Holy See the world’s first carbon-neutral sovereign state, thanks to offsets promised by an American businessman who ran a reforestation project in Hungary. 

But not one tree of the “Vatican Climate Forest” was ever planted.

European Commission introduced phase two of its EU emissions trading system (EU ETS), which was designed to combat climate change by reducing greenhouse gases.

The EU ETS was a simple “cap-and-trade” system. Under it, EU member states set a cap on the amount of carbon companies in specific sectors could produce. This could then be traded on the European market as emission allowances

Companies that did not use their entire allowance could sell the surplus, while those that had exceeded the limit could buy more. It was also possible to purchase international credits from emissions-saving projects abroad. It was an imperfect system that was easily exploited. The structure was poorly conceived from the start and had some real flaws

http://ajitvadakayil.blogspot.in/2016/04/most-potent-greenhouse-gases-nitrous.html

Jews have defrauded billions of euros by purchasing emission allowances on the European market from abroad, using a complex network of shell companies and offshore accounts in Latvia, Cyprus and Hong Kong.

Because the allowances were purchased outside of Europe, they were not subject to the European Union’s 19.6 percent value-added tax (VAT).   Front men acting as brokers then resold the allowances in Europe, taxes included.

But instead of handing the VAT over to the authorities, they pocketed the cash to use in future trades. But the money needed to be laundered before it could be reinvested. 

This involved placing it in a bank in China, where it was then handed over to businesses or transformed into playing chips at casinos, among numerous other ploys.

Carbon is the "world's fastest growing commodities market" valued at hundreds of billions of dollars. Nitrous Oxide does not even have carbon in it.

Countries in Europe legally require top polluters to remain under certain government-issued emissions allowances, but companies who emit less can trade those credits to those who need more. 

Beyond those allowances, companies can purchase carbon credits, or offsets, which are linked to emissions reductions projects, like factory retrofits or other energy efficiency projects.

Unlike the mandatory compliance credits, voluntary offsets aren't required, but they essentially allow big companies to claim they're more sustainable because they're financially supporting environmental projects, like forest conservation.

What if the jungle  landowner never had any intention of clear-cutting his land in the first place?  Then your purchase would be a gift rather than an offset.  

The landowner would be taking advantage of the offset system to collect a windfall for doing exactly what he would have done anyway.  Your transaction would have no effect on the amount of carbon in the atmosphere.

Below: When you can write a cheque to yourself via a SHELL company, you have arrived 

Shell companies can be used as a means to transfer assets of one company onto a new company without having the liabilities of the former company.  

For example, when Sega Sammy purchased the bankrupt Index Corporation, they created a shell corporation called Sega Dream Corporation in order to transfer valuables assets such as the Atlus company's Intellectual Properties and Patents and the Index Corporation brand into a new company.  

This meant that the liabilities were not attached as a shell corporation is registered as a new company. This process resulted in the former Index Corporation being dissolved. Sega Dream Corporation was eventually renamed as Index Corporation.

Capt. Ajit VadakayilFebruary 21, 2017 at 12:18 AM

JRD TATAs MOTHER WAS A FRENCH WOMAN SUZANNE BRIERE ( SOONI ) …. CYRUS MISTRY IS AN IRISH CITIZEN…. HIS MOTHER PATSY IS IRISH… Noel Tata's mother ( Ratan Tata's step-mother ) is Simone Dunoyer -a Frenchwoman. ….

Only idiots will set up business in Britain, where people want money without working for it…. The John Bull is very conscious of his rights and pension demands…..

Tata Steel was awarded the '2015 World's Most Ethical Company' award under the Metals category by the Ethisphere Institute. …….This was the third time, that Tata Steel won this award… BRAAAAYYYYYYYYY!......

SOMETIMES TO GET SUCH AN AWARD , YOU HAVE TO BECOME A CH0OT AND SIT ON CHANNE KA JHAAD……

Tata Steel acquired the steel giant Corus in 2007……To fend off a Brazilian rival, Companhia Siderúrgica Nacional (CSN) (this was a Rothschild signature trick for which only their ex-opium drug running agents fall )…..

Tata had to pay a 70% premium over the stock price…… Mind you, Jew Rothschild was brought in to advise Tata Steel— in addition to ABN Amro and Deutsche Bank—late in the game after the Brazilian company CSN upped the stakes ( a game for CHO0TS )……..

On 30/31 January an auction was held by the Panel for Corus's shares, with Tata outbidding CSN at £6.08 vs £6.03 per share……..

CSN's bid had been supported by Goldman Sachs whilst Tata's was supported by ABN Amro, Rothschilds, and Deutsche Bank…………..

SAAB ROTHSCHILD KI LEELA THA, WITH AN EX –OPIUM BUSINESS PARTNER !...... Tata paid only $4bn (£2.8bn) of the estimated $14bn final price out of its own funds – the rest was borrowed, mainly from Indian public sector banks.

Corus steel was acquired by Tata of India in 2007, and renamed Tata Steel Europe in September 2010……. In September 2010, Corus announced that it was changing its name to Tata Steel Europe and adopting the Tata logo………

WE THE PEOPLE OF INDIA WANT TO KNOW WHY ARUN JAITLEY AND MODI IS ONLY AFTER VIJAYA MALLYA……. WHAT ABOUT THE LOANS TAKEN BY TATA AND OTHERS ?.......

Even if Tata steel sells , the humongous GBP 15 billion British Steel Pension Scheme, a part of Tata Steel UK, has 130,000 members and will not be taken over by the new buyer….. 

This means the liability stays with Tata Steel……. Do you have any idea how much is 15 BILLION POUNDS ? …….

Are these PATHETIC meat and potato Limey steel workers lords and dukes?.......

Why were Indian taxpayer-funded Public sector banks so willing to lend to TATA to buy up an overpriced and defunct CORUS steel , even as they denied loans to Indian farmers committing suicide and small-scale cottage industries?........

Repayment of those loans was supposed to be made out of the profits of Tata Steel Europe. But those profits never came….

Only idiots invest in British industry…… British who never sweated in their lives, want to retire in luxury by making Indians pay for them ........

WE HEARD RATAN TATAs CONVERSATIONS WITH NIRA RADIA …..

65 PARSIS WERE KNIGHTED BY JEW ROTHSCHILD BEFORE 1947, WE KNOW WHY TODAY..

capt ajit vadakayil ..

As the name suggests, shell companies are hollow. They do nothing but manage the money inside of them, with lawyers or accountants listed as management.. If authorities try to figure out whose money is really inside of the company, they end up just getting those lawyers and accountants.

This makes shell companies perfect for owning assets or opening bank accounts without leaving a trace of whose DIRTY money it actually is.

Even in places that do make shareholder information public, it is often still easy to make the owners anonymous.  This is done by making the shareholders be further companies registered somewhere that keeps their owners secret, or by registering the company in someone else's name, even that of a total stranger.

Astonishingly, it's entirely legal to do this in the majority of countries, and there's an entire profession dedicated to providing such 'nominee' services.

Shell companies are usually set up in places with weak anti-corruption laws. These tend to be the offshore financial centers like the British Virgin Islands, Macao, or Panama. In the US, Delaware is a go-to spot — the nation's first state reportedly has more companies than state residents.

It can be a matter of just a few hundred dollars or a few thousand dollars. You can set up an anonymous shell company in Delaware USA the same day

The address “1209 North Orange Street” in Wilmington, Del., has become known in recent years as the epicenter of U.S. corporate secrecy.

The squat, split-level building is the official address of over 285,000 companies, many of which are looking to take advantage of Delaware’s Panama-like secrecy rules, limited disclosure requirement, tax incentives, and business-friendly case law.  

Hillary and Bill Clinton quietly set up 5 shell companies listed at “1209 North Orange Street.in  2008 and 2013.

The names of the companies, but not their location, were first made public in tax filings released by Hillary Clinton last year.  Hillary must explain why she and her criminal  foundation are hiding behind Delaware’s secrecy laws.

The “1209 North Orange Street” building is the headquarters for the Corporation Trust Company. The firm acts as a registered agent for thousands of corporations that are not actually located in Delaware, including the Clintons’ companies.

Delaware has become a corporate haven that’s comparable to more well-known, offshore locales. Delaware’s laws rival well-known secrecy havens like the Cayman Islands and Panama.

If you imagined a building with 1,000 corporations in it, you’d imagine a building like the Empire State building.   But apparently 285,000 companies claim [1209 North Orange Street] is their address.

Delaware’s popularity as a hub for shell companies Is responsible for the loss of billions of dollars in revenue in other U.S. states.   It’s legal tax avoidance

Laws make it easier for criminals to evade federal taxes or finance terrorism, all under the radar of the public and U.S. authorities.  Imagine Clinton had  railed against tax havens on her election roadshows  and vowed to take action.

The process of setting up a company in the state can be completed in just a few hours and requires less paperwork than registering for a library card in the state. 

There are more than 1.1 million companies registered in the state – more than Delaware’s population of 935,000. This including 65 percent of Fortune 500 parent companies

In Wyoming, Nevada and Delaware, it’s possible to create these shell corporations with virtually no questions asked

Fusion—one of the media companies that had access to Fonseca documents—demonstrated on video that one of its collaborators was able to form a Delaware shell company for her cat. This took only a few minutes, $249 (via credit card), and required no identification documents at all.

A key factor is known as the “Delaware Loophole,” which lets corporations pay zero taxes on intellectual property

Shell companies have become progressively more known for their involvement with illegal activities, including:

• Money Laundering

• Billing Schemes

• Fictitious Service Schemes

• Bankruptcy Fraud

Money laundering is the process of taking money obtained from illegal actions and making it seem like it was acquired from legitimate sources. Criminals launder money to prevent being linked to illegal activity. The most common types of money launderers include drug traffickers, embezzlers, corrupt politicians, mobsters, terrorists, and con artists.

 The three basic steps of the money laundering process are:---

1. Placement – The launderer will input illegally obtained money into a legitimate financial institution. Banks are required to report high-value transactions, so usually the money will be deposited in small increments over a period of time. This is known as the riskiest stage of the process.

2. Layering – This includes wire transfers and bank-to-bank transfers to spread the money out among various financial institutions. The criminals will usually set up accounts under other names at different banks in different countries. While transferring the money in between the various bank accounts, the money is used to purchase high cost items ( yachts , houses, cars, diamonds, planes ) to change the form of it. The whole idea is to make the money as untraceableas possible; therefore, it’s considered the most complex step of the process.

3. Integration – This step involves the money re-entering the mainstream economy in legitimate form. The money appears to come from a legal source and therefore is usable by the launderer.

Shell companies are an integral part of the money laundering process. For example, a person may set up a “false” business by obtaining the necessary and proper documents to open a bank account in the business name. The dirty money ( kickbacks/ drugs etc )  is then put into the bank account, making it seem as though it was obtained legitimately.

The use of shell companies in bankruptcy fraud is to shield assets (money, property, valuable items, etc.) from being taken by the court when filing for bankruptcy. In other words, an individual or individuals will set up a shell entity and hide their money and/or personal assets under the business name. Thus, allowing them to file for bankruptcy with the government without having to surrender their personal assets.

Shell companies are used in tax evasion and market manipulation scams-  Shell companies have been used to hide personal assets under false business names in order to avoid tax liabilities, similar to the purposes in bankruptcy fraud. 

In regards to market manipulation, shell companies are used to stage fake stock offerings to outside investors. When the investors decide to invest in what seems like a legitimate business, the criminals steal their invested dollars.  Such fraudulent acts can be damaging to themarket and hinder investor’s trust.

Shell companies are legal entities (sic) that are frequently used by individuals to conduct criminal behavior.   In my opinion India must make shell companies illegal.  Or our demontisation  pain will bear NO fruit.  

Such fraudulent measures include money laundering, billing schemes, fictitious service schemes, bankruptcy fraud, tax evasion, as well as market manipulation.

While authorities are continuously investigating the illegal utilization of shell entities, they are finding it difficult to prosecute those whom are criminally involved. States do not require much, if any, ownership information on company formation documents, therefore, making it almost full proof for law officials to prosecute.

Third-party agents and nominee incorporation services make it even harder for authorities to trace illegal activity to the original creator of the shell.  Although regulations and laws are in place, numerous websites are available for individuals as well as businesses to search a company’s history and/or to confirm identities, or search current issues regarding the fraudulent use of shell companies.

Criminal operations use shell companies to launder money throughout the world. So-called dirty money can be shuffled through a series of shell companies, coming out “clean” on the other end in the form of investments, bearer bonds, commodities, and other assets. 

Since these companies can be set up with nominee directors (usually lawyers and accountants), there is no way to trace the laundered assets back to the illegal activity that generated them.

http://www.dnaindia.com/india/report-pilatus-middleman-bhandari-owned-panama-s-bearer-shares-2219673

A checklist of factors that contribute to making a country or jurisdiction particularly vulnerable to money laundering or other illicit financial activity, however, provides a basic guide.

The checklist includes, but is not limited to:--

Failure to criminalize money laundering for all serious crimes or limiting the offense to narrow predicates.

Rigid bank secrecy rules that obstruct law enforcement investigations or that prohibit or inhibit large-value and/or suspicious or unusual transaction reporting by both banks and non-bank financial institutions.

Lack of or inadequate know-your-customer  ( KYC with AADHAR card number  ) requirements to open accounts or conduct financial transactions, including the permitted use of anonymous, nominee, numbered, or trustee accounts.

No requirement to disclose the beneficial owner of an account or the true beneficiary of a transaction.

Lack of effective monitoring of cross-border currency movements.

No reporting requirements for large cash transactions.

No requirement to maintain financial records over a specific period of time.

No mandatory requirement to report suspicious transactions, or a pattern of inconsistent reporting under a voluntary system, and a lack of uniform guidelines for identifying suspicious transactions.

Use of bearer monetary instruments.

Well-established non-bank financial systems, especially where regulation, supervision, and monitoring are absent or lax.

Patterns of evasion of exchange controls by legitimate businesses.

Ease of incorporation, in particular where ownership can be held through nominees or bearer shares, or where off-the-shelf corporations can be acquired.

No central reporting unit for receiving, analyzing, and disseminating to the competent authorities information on large-value, suspicious, or unusual financial transactions that might identify possible money laundering activity.

Lack of or weak bank regulatory controls, or failure to adopt or adhere to the Basel Committee’s “Core Principles for Effective Banking Supervision,” especially in jurisdictions where the monetary or bank supervisory authority is understaffed, under-skilled, or uncommitted.

Well-established offshore financial centers or tax-haven banking systems, especially jurisdictions where such banks and accounts can be readily established with minimal background investigations

.

Extensive foreign banking operations, especially where there is significant wire transfer activity or multiple branches of foreign banks, or limited audit authority over foreign-owned banks or institutions.

Jurisdictions where charitable organizations or money or value transfer systems, because of their unregulated and unsupervised nature, are used as avenues for money laundering or terrorist financing.

Limited asset seizure or confiscation authority.

Limited narcotics, money laundering, and financial crime enforcement, and lack of trained investigators or regulators.

Jurisdictions with free trade zones where there is little government presence or other supervisory authority.

Patterns of official corruption or a laissez-faire attitude toward the business and banking communities.

Jurisdictions where the U.S. dollar is readily accepted, especially jurisdictions where banks and other financial institutions allow dollar deposits.

Well-established access to international bullion trading centers in New York, Istanbul, Zurich, Dubai, and Mumbai.

Jurisdictions where there is significant trade in, or export of, gold, diamonds, and other gems.

Jurisdictions with large parallel or black market economies.

Limited or no ability to share financial information with foreign law enforcement authorities.

What is a bearer share?  

When shares are bought and sold, a registered shareholder name is included on share certificate details. Bearer shares bypass this by not including the name of the holder on a physical share certificate. Because there is no name is attached to them, the details of who owns a shareholding in a company is concealed.

In addition, the certificates can be transferred from one party to another without further documentation.   Bearer shares help to conceal ultimate beneficial ownership by “providing a deep level secrecy”.

Following pressure for greater transparency from the Organisation for Economic Co-operation and Development (OECD), they are in steady decline. British Virgin Island companies were banned from issuing them in 2005 .

In Panama a corporation can own its own bank accounts, have stock trading accounts, own real estate, have boats, planes, cars, art, jewelry, own other businesses, and many other valuable assets. 

This can all be done without anyone ever being able to prove who the true owner of all those things really is. In the eyes of the public it is all set up to belong to the bearer share corporation.

Bearer bonds normally come in nice large round figures  It is very handy if you want to move vast amounts of money around and great if you want to deny ownership. If the bond is kept at a lawyer's office in Panama, who is to know whether it is yours, or even that it exists?  

This helps to explain why the US government stopped selling bearer bonds in 1982. They were just too easy for crooks to use.

If you are a drug dealer, arms broker getting kickbacks or fraudster or corrupt politician you will have a lot of cash and no way of spending it or hiding it for a rainy day, without giving the game away. 

The money needs cleaning, so you can ship it to a dodgy firm in an Offshore Financial Centre and they might help you convert it into bearer bonds, owned by a shell company that no one knows about. You could also use it to buy a yacht or a bungalow in London

The former President of Zambia, Frederick Chiluba, transferred millions of dollars of public money from the Zambian Ministry of Finance into bank accounts and companies for his own personal use. A British Virgin Island  company with bearer shares was used to buy property in Brussels for one of the people involved in this $25 m scam.

In Panama, no approval is needed to create a foundation and unlike in Western countries, the foundation faces few requirements as to what it must list publicly (usually just the foundation’s name, its objective, and provisions concerning how it is to be “wound up” if say, it is dissolved).

Details about the beneficiaries and the operation of the foundation are not made public.

To enforce privacy and secrecy, Panama has set up stringent laws to protect the anonymity of offshore trusts and foundations.

For example, violation of laws of confidentiality can result in imprisonment for up to six months and fines of up to $50,000.

All those involved in the formation of a trust or foundation in Panama (including lawyers, foundation members, agents, and bankers) who fail to adhere to these laws face criminal penalties.

Capt. Ajit VadakayilFebruary 20, 2017 at 6:28 PM

https://www.blogger.com/profile/14410812789424637654

MY PROFILE VEWS HAVE CROSSED 9 CRORES OR 900 LAKHS

THE NO 2 IS LESS THAN 3 LAKHS

IN THIS POST I APPLY ONLY CCC

AAA ( way with words ) + BBB (stirring emotions ) + CCC ( sheer content ) + DDD ( ethos ) + EEE ( subtle wit ) = ART OF WRITING .

http://ajitvadakayil.blogspot.in/2017/01/the-art-of-writing-capt-ajit-vadakayil.html

capt ajit vadakayil
..

Capt. Ajit VadakayilJanuary 11, 2018 at 3:08 PM

SEVEN DECADES AFTER INDEPENDENCE IT TOOK A BLOGGER TO EXPOSE SHELL COMPANIES BY A 33 PART POST.. I HAVE EXPOSED ONLY 40%--I JUST GOT SICK AND TIRED OF THE SUBJECT

ENRON SCREWED INDIA.. CEO OF ENRON REBECCA MARK CAME TO INDIA IN MICRO MINI SKIRT -- AND FLASHED HER BLONDE PUSSY AT DROOLING INDIAN POLITICIANS AND BABUS.

Read all 33 parts -
http://ajitvadakayil.blogspot.in/2017/02/shell-companies-for-money-laundering.html

From Sharad Pawar to Suresh Prabhu, the Enron-Dabhol saga has indeed travelled a long distance—kicked under the KOSHER carpet .

I EXPOSED ENRON AND THEIR INDIAN AGENTS—BT HEY, MODI DISHED OUT PADMA VIBHUSHAN TO THE POINT MAN POLITICIAN

McKinsey was founded in 1926 by James O. McKinsey in order to apply Rothschild’s accounting principles to management.

McKinsey's had a longstanding role as Enron's strategy advisor

In 1994, Rajat Gupta became the first non-American-born partner to be elected as the firm’s managing director.. and then re-elected twice in 1997 and 2000. Enron, closely identified with McKinsey, collapsed during Rajat Gupta’s time as managing director. In 2003, Rajat Gupta stepped down as McKinsey's chief.

After his retirement in 2003, Gupta's corporate image enhanced as he joined the boards of Goldman Sachs

Rajat Kumar Gupta served a two-year term in U.S. federal prison for insider trading.. Mr Gupta passed on confidential information on corporations to a billionaire hedge fund friend Raj Rajaratnam.

Jeffrey Skilling was once one of the youngest partners in McKinsey's history before becoming CEO of Enron.. Jeffrey Skilling, was Rajat Gupta’s sidekick in McKinsey from 1979 to 1990

It was McKinsey that advised Enron on its KOSHER innovative principles like "asset light" strategy, "loose tight" culture, securitization of debt, etc.

In John Grisham's 1991 novel The Firm, the legal company at the heart of the story is a Jew Rothschild agent-- an outpost of an organised crime empire
In Duff McDonald's comprehensive new history of the consultancy firm McKinsey, also tantalisingly called The Firm, there is no such messy reckoning for the company at the heart of the story, nor any criminality. McKinsey plainly isn't the mafia, but a central question is nevertheless posed by Mr McDonald's book: how do these guys keep getting away with it?

Rothschild’s agency McKinsey's fingerprints can be found at the scene of some of the most spectacular corporate and financial debacles of recent decades. The energy-trading firm Enron was the creation of Jeff Skilling, a proud McKinsey consultant of 21 years.

Enron, under Mr Skilling, was paying McKinsey $10m (£6m) a year for advice. McKinsey fully endorsed the dubious accounting methods that caused the company to implode in 2001.

McKinsey is a regular at Bilderberg Club conferences

http://ajitvadakayil.blogspot.in/2011/09/shrewd-club-within-naive-bilderberg.html

THIS POST IS NOW CONTINUED TO PART 2 -BELOW

http://ajitvadakayil.blogspot.in/2017/02/shell-companies-for-money-laundering_21.html

CAPT AJIT VADAKAYIL
..