The Black Vault

Banks and economic structures turned to weapon of destruction

These days, broad schemes in Western Banks allow everyone to found a paper company for laundering money obtained by corruption, tax evasion and other crimes. In Britain and USA liberal laws work for dictators and other criminal groups and encourage their illegal activities. The confirmation of it was presented by Global Witness (www.globalwitness.org/library/global-wi ... ccusations) on example of Kyrgyzstan, but it is just a tip of the iceberg. When Bakiev was dethroned his machinations became known to public and EBRD made a quick investigation to admit the problem and shut the books. But the money are still laundering, because only one chain link in money laundering business with West was wiped out. There are many other Western banks that work legally in Kyrgyzstan and other countries of Central Asia that became foothold for criminals to make financial business. The West makes money laundering easy and they make use of it. This is some kind of rat race where countries like Kyrgyzstan can't achieve success in fighting corruption, drug traffic, etc. In sober fact they became hostages of the West, because they forced to take megabuck credits, make concessions to the detriment of national interests. So it comes out that such scheme is used by the West to efface sovereignty, nationhood and right of choice in many of countries of Central Asia, starting, of course, with Kyrgyzstan...