, 8 tweets, 4 min read Read on Twitter
Witness: Deutsche Bank must have known about the bribes from an affordable housing provider in the Netherlands. The company lost more than 2 Billion Euro in derivative trades handled by Deutsche Bank. #ButNothingsHappening
bloomberg.com/news/articles/…
Deutsche Bank officials wined & dined that companies finance officer who made the trades & paid him 1.75 Million Euros in Commissions along with another individuals who got the other half as a cut from the deal.
Basically the bank paid him a commission to make losing investment deals between his employer & the bank. But paid the commission through a third company who kept half. Wonder how much the "affordable housing market" is subsidized with taxpayer dollars?
independent.ie/business/world…
The other company was First in Finance Alternatives also identified as FIFA, & the two individuals were convicted for accepting the bribes from Deutsche Bank in July of last year! #ButNothingsHappening
You don't think a company that goes by the initials FIFA could be connected to other corruption involving an entity with the same initials? Wonder if one of those Princes he was partying with in London was the same Prince who was asked for bribes to get the UK the 2018 World Cup?
You don't think this might be connected to other scandals that might allow powerful people to control the case. I mean the two suspects plead guilty last year. But how long did the authorities sit on the case?
finance.yahoo.com/news/deutsche-…
Here is where you see what is really happening, one of the individuals confessed to the 3.5 Million Euro in bribery in 2012! But they weren't brought to justice until 2018, which means the Swamp in the Netherlands & elsewhere must have played a role in protecting them.
And authorities didn't find the crimes, after news articles came out about how his company was losing money on the derivatives trades with Deutsche Bank, he went to the authorities in 2012. Maybe we can hope that indicates that they have been investigating these networks....
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