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U.S. Treasury fines ExxonMobile meager $2m for violation of the Russian-Ukraine Sanctions!

Some days you wonder if the connections of the New York isn’t to strong for the moment. When the joys of their loot and their power is not making them lose their senses. The common sense is clearly gone, as the company formerly run by Rex Tillerson, the now State Secretary of United States. Who couldn’t care less about the relationship between the United States of America and the Russian Federation. As the illegal and not internationally accepted annexation of the Crimea from the Republic of Ukraine happen. Still, even as that was happening the former Standard Oil baby ExxonMobile decided to be a trading partner and create opportunities in the vast resources in Russia and Russian territories. Now today they we’re fined, but that was a little slap on their wrist, as the real wealth inside the deal shows how much they really could have earned. Therefore, the crime and the penalty doesn’t fit. The Company gets away with a heist, but has to pay small interests for doing so. Now they are waiting for the possible time for their giant payoff and this will be simple write-off in their results in the next quarterly estimates. This sort of fine isn’t that serious, as it can easily chop it off and continue to eat.

First we will look into what the Wall Street Journal wrote about the deal between Russia and ExxonMobile, the second and third are about today’s fine and you see why it insulting fine to give.

A U.S. official said the new penalties would affect Exxon’s current drilling in the icy Kara Sea with its Kremlin-controlled partner, OAO Rosneft, though the extent of the impact was unclear Thursday. No other Western energy company has as much direct exposure to Russia as Exxon, thanks to a $3.2 billion deal giving the company access to a swath of the Arctic larger than Texas that could hold the equivalent of billions of barrels of oil and gas. Officials in Europe, which has extensive trade links to Russia, have insisted that Western nations share the fallout from sanctions against Moscow. Russia has said it would retaliate against additional sanctions with measures of its own, further heightening the risks to companies operating there, legal experts said. Exxon is “assessing the sanctions,” said Alan Jeffers, a company spokesman. “It’s our policy to comply with all laws.” (Gilbert, 2014)

ExxonMobil Corporation Assessed a Penalty for Violating the Ukraine-Related Sanctions Regulations: ExxonMobil Corp., oflrving, Texas, including its U.S. subsidiaries ExxonMobil Development Company and ExxonMobil Oil Corp. (collectively, “ExxonMobil”), has been assessed a civil monetary penalty of $2,000,000 for violations of the Ukraine-Related Sanctions Regulations, 31 C.F.R. part 589 (Ukraine-Related Sanctions Regulations). Between on or about May 14, 2014 and on or about May 23, 2014, ExxonMobil violated§ 589.201 of the Ukraine Related Sanctions Regulations when the presidents of its U.S. subsidiaries dealt in services of an individual whose property and interests in property were blocked, namely, by signing eight legal documents related to oil and gas projects in Russia with Igor Sechin, the President of Rosneft OAO, 1 and an individual identified on OF AC’s List of Specially Designated Nationals and Blocked Persons (the “SDN List”) (referred to hereinafter as an “SDN”)” (U.S. Treasury, 20.07.2017).

OF AC considered the following to be aggravating factors: (1) ExxonMobil demonstrated reckless disregard for U.S. sanctions requirements when it failed to consider warning signs associated with dealing in the blocked services of an SDN; (2) ExxonMobil’s senior-most executives knew of Sechin’ s status as an SDN when they dealt in the blocked services of Sechin; (3) ExxonMobil caused significant harm to the Ukraine-related sanctions program objectives by engaging the services of an SDN designated on the basis that he is an official of the Government of the Russian Federation contributing to the crisis in Ukraine; and (4) ExxonMobil is a sophisticated and experienced oil and gas company that has global operations and routinely deals in goods, services, and technology subject to U.S economic sanctions and U.S. export controls” (U.S. Treasury, 20.07.2017).

So it’s okay, the company ExxonMobile was fined for intervening in a Republic and inside a state where there was clear sanctions against trade. That was something Rex Tillerson knew and also the Russian counterparts, but ExxonMobile didn’t care. They just wanted the profits and earn on the fragile arctic and also into areas like the annexed Crimea. This shows the intent of profiting while being under sanctions and not respecting the laws of the United States and being a registered company residing in the United States.

This show the ethical backdrop of the New York Gang and the Administration of today, we cannot know how much the company earned before the stop between Rosneft and ExxonMobile. The suspension of activity between them. What we can imagine is that it was vastly more than the little they paid for breaking the law. Peace.

Reference:

Gilbert, Daniel – ‘Sanctions Over Ukraine Put Exxon at Risk’ (11.09.2014) – Wall Street Journal

The New York Gang operates with quid-pro-quo to Russia, while Russian Probe continues!

The more drip drops of intelligence and inner-works of the Trump Campaign. The more will know of the New York Gang operates, since the Russian ties does not stop. Secondly, the favorable approach came to standstill yesterday. When the U.S. State Secretary Rex Tillerson plans to shut down the Cyber Office of State Department, which is suspicious when hackers had tampered with the last election. Seems, like a helping hand from the U.S. Government there.

That was not it yesterday, CIA suddenly gave way to President Bashar Al-Assad and a Russian Ally of President Vladimir Putin in the Middle East, as they suspended their program to train and equip moderate opposition forces fighting the third generation tyrant. What a noble approach up-easing the relationship with the Russians, while giving way to the Syrian government to do as they please in the midst of the long continued civil war.

While earlier this week, the President Trump had two meetings with Putin at G-20, one disclosed, another one failed to mentioned, again the second one alone and only with Russian translator, none from the U.S. State to confirm the discussions. Just like the secret unknown talks in the Trump Tower at 9th June 2016, the talks between the Presidents was about adoption. Well, if it has to be a secret, surely they must eventually adopt the Trump Family. They seem so like connected families by now.

The New York Gang and all their ties are now getting into bonkers levels. The GOP does not say anything or intervene. They look idly by hoping the flames of destruction does not hurt them. However, it will, since the President are a part of them and their campaigning was a collective effort. Not like the GOP can be like a fish out of water.

That Donald Trump Junior in the past has been in Russia as speaker, beneficiary and he has even spoken highly of the profits made in Russia. The same has Eric Trump done, he has bragged about the money coming in from there. Even Ivanka Trump has been on vacation with the girlfriend of the Russian President. The ties between the Trump’s and Russians are insane. Therefore, the praises of the Russian President and the warm relationship between is not so strange considering it all.

That Kremlin and Moscow have nurtured it would not seem strange considering they have worked on the man since the 1980s and has steady efforts all along. Many times Trump has said the Russians been good to him in the press over the years. Therefore, the conspiracy is not so hard to grasp when considering it all. Secondly, the unwillingness to show the IRS Tax Returns, to open books for the public of the Trump Organization as they are called a Russian Laundromat, as part of white-washing operation from Moscow. Could clearly be obvious reasons for the lacking of transparency of the family corporation?

That now in the press today to NYT are mad at Attorney General Jeff Sessions for recusing himself from the Russian Probe and wished he hired someone else. In addition, not believing his answers at the Senate Hearing, which was charade of answering, not as if he tried to come forward with an honest testimony. This shows the inner workings of the President. As his loyalty and that, he thinks he can stand beyond the law. As the case against him will be strong and have all the factors in it. The firing of FBI Director James Comey and all the other trying to stop further investigations.

President Trump fury over Sessions comes from the recusal, since that leaves him powerless to fire Special Investigator Robert Mueller, who are digging at the pockets of Trump and looking into his family members in and around the White House. Which are obviously dangerous for Trump and all of it would possibly hurt him, therefore he is willingly firing Deputy Attorney General Rosenstein or repeal the Special Counsel Regulation, but by then he would have tampered with the investigation twice. Clearly, showing the wide world that this is not conspiracy of crime, but actually acts of crime.

There are massive lose ends, the bank loans to his businesses. The workings of Bayrock LLC, and the other parts of the Trump Organization that the New York Gang ran together. All of the men who is advisors and such in Campaign team who had ties to Russia, who had meetings and certainly did not disclose it all when entering in the White House. The amounts of lies and deception should frighten anyone. Seemingly, even with all of this and possible collective shutdown of sincerity does not affect the Republican Senators or Representatives, they just let the Trump family run wild in the White House.

So when the investigation get into the monies of the Trump Organization and get the paperwork for New York Gang operation, than the Trump Presidency going to ballistic. It has already proven it by sacking Comey and Bharara for getting to close to the honey pot and now it seems like the whole ordeal will happen again.

This is not just about a meeting with a group of Russians the 9th June 2016, this about collusion and also about the intricate relationship between the Trump Family and associates, that all have been included in the cabinet and gotten leadership roles in the New York Gang administration. That also the GOP and the RNC silence shows the hostile takeover, as even Paul Ryan knew about and certainly also Mitch McConnell. Since none of them are acting upon the subpoenas or hearing amongst the top officials around Trump. This scandal will not make United States better, but clearly, that Putin has made American governance into chaos and gotten a bargain.

That Jared Kushner, Donald Trump Junior and Paul Manafort has to testify to Senate hearing is all good, while they have time preparing their defenses. Clearly, Kushner who has lied on security clearance dozens of times already will have to work hard with attorney to fix the stories. Donald Trump Junior has only on the 9th June 2016 meeting had three different tales about that, what about all the questions coming up and what will Manafort do when they corner him on the economic ties to Kremlin and others, will he not recall as well like Sessions?

Time will tell, but the speculation combined with the erratic behavior of Trump do not make it easier, especially considering his tendency to fire and suspend operations when he can. Seems like it is impossible for him to build anything. Been a long while ago since he made something genuine. All the Russian connections, the Russian business associates, the secrets meetings, the lies and the drip drop just shows how they infiltrated it all. Since they knew if they come forward, they would seem like workers for the Russians and not representatives for Americans. Peace.

Remember the MPs that supported the abolishment of Article 102(b)!

There are now several strong voice for the abolishment of the Article 102(b) in the Ugandan constitution. These fellow Members of Parliament (MPs) are all from the National Resistance Movement (NRM). They are Fred Mwesigye of Nyabushozi, Evelyn Anite of Koboko, Juliet Kinyamatama of Rakai, Peter Ogwang of Eastern Youth MP, Kenneth Omona of Keberamaido, James Kakooza of Kabula (Lyantonde District) and Ibrahim Abiriga of Arua. These voices are really explaining the need for change of it and wants to succeed. Surely, also the ever-loyal cadre Kahinda Otafiire, who was not even elected to the 10th Parliament, will not accept scrutiny of the proposed amendment.

You also have others from the NRM praising their master and wanting to show support of the old man with the hat. These are David Mafabi, Stephen Othieno and Phoebe Namulindwa, who are saying it is positive to lift the age limit. Clearly, those all see themselves inside a money shower and hoping to cash in some strays.

What we can know by now, all of these people supporting life presidency of President Yoweri Kaguta Musveni, does so because they want to exchange the constitution for possible monetary gains. This is not done out of love for their country or patriotism. That ship has left port, those ideals they are sold and the dream is gain fortunes while in office.

Therefore, what the people can do is remember the ones who stood on the barricades and opened the barn door. Remember they do this because they are afraid of what happens when the Museveni era stops. Than they might have to try to get ordinary jobs and actually work for a living, not only doze off while begging for more state reserves and funds for their possible projects.

These MPs are hunting for goodwill from their master and hope he donate, they hope for Presidential Handshakes and personal meetings at the State House, where he can give needed support and balance their efforts. So that his or her star can rise and hope it means more than just be another crony!

These acts are just vile attempt for exhaustion and gain possible advantage, since they can show that to Museveni. We are loyal and we want you, nobody else can rule this glorious nation and no one has the skill like you. That is initially what they are all saying; just using other words and appeal differently. So he can repay for their efforts and their will to let him succeed.

Remember these MPs and the ones in their constituencies should not forget, so they should vote for whoever else standing against them in the next election. Since these people traded away governance and service delivery, they traded away the constitution and its principals for possible monetary gains. These people of the Parliament are the ones you cannot trust. Because they traded the principals of the constitution for a few coins of silver.

Let that be known and heard, let the radios speak ill of their names, let the TV-Debates criticize their legacy and their own status. They traded it all for personal gain, they was not there for their constituency, but for themselves.

They are hoping that a short con can earn itself in the long run. However, let it be known that it does not apply. The trade-off will be shortsighted and the earnings will be gone in wind. Peace.

Correction of factual Inaccuracies by The Observer News Paper concerning Ernst & Young (EY) as the auditors of Crane Bank (17.07.2017)

OAG Muwanga explains in two reports problems and errors within the Petroleum Industry!

The Auditor General has two reports on the Petroleum Industry and the issues of Petroleum Data and the Petroleum Fund. The errors of the state, the PAYE of the tax to URA. Proves that the monies earmarked for the Petroleum Fund, ends up in the Consolidation Fund. This is proof of the problematic use of the added taxes before the oil adventure really takes off and the drilling of the explored blocks in the Lake Albertine Basin. Where already different international companies have come to drill and the state is making a petroleum pipeline to Port Tanga in Tanzania. Therefore, these vast resources and possible taxes created by the industry and within the Republic. Still, the default problems that the Auditor General address can be fixed. It is just a matter of morals and actually following guidelines. Some are even set in the Public Finance and Management Act of 2015, so if for instance URA follows it, the problems of transactions into wrong fund can create payment arrears and also future problem of spending by the state. Since the misuse of funds and taxes can be allocated to other than what they was expected, as the Consolidation Fund has other uses than the Petroleum Fund. Just take a look!

Petroleum Fund:

For the six months ending December 31, 2016, the Fund received non tax revenue worth UGX 922,348,854 (USD270,900) as surface rental fees from Tullow Uganda Operations Pty and Total E & P Uganda” (OAG, P: 7, 2017).

It was however noted that monies collected by Uganda Revenue Authority (URA) under the income tax on income derived from petroleum operations such as PAYE, VAT and WHT is not being remitted to the Uganda Petroleum Fund. This contravenes the Public Finance and Management Act 2015” (…) “In their opinion PAYE is not tax charged on income derived from petroleum operations but paid by the employees and as such it had been excluded from the definitions of petroleum revenues. Arising out of the above it was established that UGX.l1,390,530,053 collected through the commercial banks and remitted to the consolidated fund should have instead been transferred to the Petroleum Fund. Management has promised to remit it to the Petroleum Fund before closure of the financial year 2016/17” (OAG, P: 10, 2017).

During the period under review, the fund received USD 270,900 (Two hundred seventy thousand, nine hundred dollars) in respect of surface area rentals consisting of USD 113,400 (One hundred thirteen thousand, four hundred dollars) paid by Total E& P Uganda for the development areas of Ngiri, Jobi-Rii and Gunya and USD 157,500 was paid by Tullow Uganda Operations Pty Ltd for development areas of soga, gege, Kasemene, Wahrindi, Nzizi-Mputa & Waraga, and Kigogole- Ngara Unrealised foreign exchange gains worth UGX 15,093,435,449 have been recognised in the Statement of Changes in Equity. These arose from translating the USD opening balances and revenue collected during the period into UGX at the closing rate for reporting purposes” (OAG, P: 14, 2017).

Petroleum Data:

The oil companies did not fully comply with submission of reports relating to their drilling, exploration activities and operations as required. Delays and non-submission of reports results in an incomplete database which may reduce the effective use of the database in petroleum resource management” (OAG, P: vi, 2016). “The shortcomings in the management of petroleum data by the Ministry of Energy and Mineral Development may affect the completeness of the data on the existing petroleum potential, extent of reserves, and amount recoverable thus reducing Uganda’s ability to maximally exploit and benefit from its oil and gas resource potential. A thorough understanding of the resource base and its geographical distribution informs key decisions on the rate of exploitation and potential future revenues” (OAG, P: viii, 2016).

This should all be worrying that the State and the Industry isn’t sufficiently ready for the activity, as the URA cannot even allocate funds correctly. This is even before the Petroleum Data is taken care of and made sure that the exploitation and drilling happens where the best well is within the block. Secondly, the real value of the reports and the licenses that the state would offer to the companies. That because the flow of data and the status of it wouldn’t be where it could be. This is losses created by maladministration and lacking will of institutionalize the knowledge. Instead, the Petroleum Industry is controlled and has just a few handshakes away from the State House. That is why the URA might have delivered the funds to the Consolidation Fund instead of the Petroleum Fund. All of the potential might be wasted in the lack of protocol and care of resources management that is needed in the Ministry of Energy and Mineral Development (MoEMD).

The recommendations and the looks into the issues should be taken serious by the Petroleum Industry and the MoEMD. So the state could both earn more on the industry and also create more positive growth through the provisions that is already made in Public Finance Management Act (PFMA) 2015. So time will tell if they will be more reckless, if they will listen to the OAG or if the Presidential Handshakes will steal it all for keeping the NRM cronyism at bay. Peace.

Reference:

Office of the Auditor General Uganda – ‘REPORT OF THE AUDITOR GENERAL ON THE FINANCIAL STATEMENTS OF THE PETROLEUM FUND FOR THE SIX MONTH PERIOD ENDED 31sT DECEMBER 2016’ (07.06.2017) – John F.S. Muwanga

Office of the Auditor General Uganda – ‘Management of Petroleum Data by the Ministry of Energy and Mineral Development’ (December 2016) – John F.S. Muwanga

Maldives: Opposition Parties Condemn Unlawful Arrest of MP Faris Maumoon (17.07.2017)

The Importance of Mobile Money in Uganda

As the Telecommunication companies like MTN are praised the by the government, the National Resistance Movement have clearly let the economy become addicted and need of the services provided by the different Telecom’s and how the operate as village banks. The further proof of this comes when looking into a study and of the value of Mobile Money. This is done by all of the Cellphone providers in different names, but has the same outcome. Either by sending money to village funds, paying for utilities or even add airtime for a friend. The report conducted and made by Economy Policy Research Center at Makerere University we’re an interesting read. Here is the quotes worth assessing over. The historical backdrop of the vast amounts of trillions shillings in the operations. Shouldn’t surprise anyone, considering that one third of Ugandan citizens use the Mobile Money and average rate of monies sent during a month are 250,000. With the amount of people and amounts traded by Mobile Money, it is a booming business and first trying of banking. But doing it directly by the phone and not at the offices of Standard Charted or Barclays. Just take a look!

After 5 years of operation of mobile money services, the average adoption rate stands at 250,000 persons per month from inception (March 2009) to December 2015. The increase in access to formal financial services, from 28 percent in 2009 to 54 percent in 2013, was partially due to increased access to mobile money 1 See UBOS (2016), “National Population and Housing Census 2014”, Uganda Bureau of Statistics: Kampala services (EPRC 2013). Thirty-five percent of Ugandan adults have a registered mobile money account (Intermedia 2016). An additional 13 percent access services via somebody else’s account, including that of an agent. Mobile money account ownership surpasses the use of both banking and nonbanking financial institutions (Ibid)” (Makwejje & Lakuma, P: 6, 2017).

Finally, mobile money balances are sensitive to monetary policy shocks, while the mobile money values of transactions are not. These results suggest that 1) Mobile money has helped households to substitute liquid and other lumpy assets for financial assets; 2) Mobile money has modest macroeconomic impacts; 3) Mobile money has the potential to improve the effectiveness of the conduct of monetary policy. These results provide additional evidence for policy makers to continue supporting the growth of mobile money platforms. In particular, policy makers should provide the policy and regulatory framework through which mobile money balances can become interest-bearing assets. This will further strengthen the monetary policy transmission mechanism because economic agents will be able to more directly respond to changes in the policy rate” (Makwejje & Lakuma, P: 17-18, 2017).

The authorities clearly has to assess it and look over the Telecom’s Mobile Money operations, as this is important part of transactions and business operations in Uganda. When such vast amounts of people using it and benefits from it. Where their funds turn digital and get traded instead of having dozens of shillings in their pockets as for balance for their trades. Also, gives the ability to send over needed cash up-country or even to family members. Therefore, the structure and the balances of people’s lives can be monitored and shows the interest-bearing assets. The help it has provided the society and also introduce a form of banking institutions to the public. Though this study did not look into the fortunes made by this sort of transactions compared to ordinary banking practices in Uganda. Which, would be interesting expose considering difference of cost for the consumer and Ugandan doing so. Peace.

Reference:

Mawejje, Joseph & Lakuma, Paul C. – ‘MACROECONOMIC EFFECTS OF MOBILE MONEY IN UGANDA’ (June 2017) – Economic Policy Research Centre, Makerere University

The Uganda Chamber of Mines and Petroleum (UCMP) elects new board (11.07.2017)

Statement released by jailed Former Vice President of Maldives, Ahmed Adeeb, on the missing MMPRC funds (16.07.2017)

Representative Waters tables bill (HR. 442) to inquire documentation of Trump businesses financial transactions to Russia!

In the House of Representative, one of the Representative Maxine Waters of California have introduced a new bill on the 13th July 2017. This one is an assault directly on the cash flow to the Trump Organization and it’s possible connection to the Russian businesses and associates. This becomes important, as the President and his business hasn’t been transparent. Therefore, this is another try to get the President and his family to deliver the connections and funds earned from foreign sources like the Russians. Especially, since the revelation and revealing companies that the Trump Organization has been working with.

The Representative in Congress has gotten Co-Sponsors on the bill, they are Daniel Kildee, Gwen Moore, Al Green and Ed Perlmutter, they are all Democrats, but set the standard for their persistence wish to find the truth and within reason for what is seem as just in the American society.

The important parts of the bill is this:

Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary’s possession to the House of Representatives relating to President Trump’s financial connections to Russia, certain illegal financial schemes, and related information” (Waters, 2017).

(1) loans, guarantees, or other forms of credit, made or extended by Deutsche Bank AG, the Bayrock Group LLC, Vnesheconombank Group (VEB), Sberbank of Russia, Alfa Group, VTB Group, Gazprombank, any subsidiary or affiliate of the foregoing, the Russian government, or any Russian senior foreign political figure (as defined under section 1010.605 of title 31, Code of Federal Regulations), to

(A) President Trump;

(B) President Trump’s family members—

(i) Donald Trump Jr.;

(ii) Eric Trump;

(iii) Ivanka Trump;

(iv) Melania Trump;

(v) Tiffany Trump;

(vi) Jared Kushner; and

(vii) Seryl Stadtmauer (aka Seryl Kushner);

(C) President Trump’s associates—

(i) Paul Manafort;

(ii) Carl Icahn;

(iii) Felix Sater;

(iv) Gary Cohn;

(v) Carter Page;

(vi) Roger Stone;

(vii) Rick Gates;

(viii) Wilbur Ross;

(ix) Rex Tillerson;

(x) Michael Flynn;

(xi) Jeff Sessions;

(xii) Michael Cohen;

(xiii) Rhona Graff;

(xiv) Rob Goldstone;

(xv) Boris Epshteyn; and

(xvi) Michael Caputo;

(D) any Trump-owned, -branded, -licensed, or managed hotels, casinos, and golf courses, previously identified by the Department of the Treasury, including—

(i) the Trump Taj Mahal Associates, LLC, d/b/a Taj Mahal Casino Resort;

(ii) the Trump National Doral Miami; and

(iii) the Trump International Hotel, Washington, DC;

(E) any individual described in subparagraph (A), (B), or (C) in connection with—

(i) the property located at 666 5th Avenue, New York, NY; and

(ii) the property located at 229 West 43rd Street, New York, NY; and

(F) the Imperial Pacific International Holdings Ltd., or the Best Sunshine Live Casino;

(2) any financial accounts located outside of the United States and any individual described in subparagraph (A), (B), or (C) of paragraph (1);

(3) Deutsche Bank AG’s 2011 “mirror trading” scheme;

(4) the “Russian Laundromat” (also known as the “Global Laundromat” and the “Moldovan Scheme”);

(5) any money laundering violations involving individuals, businesses, or property described in subparagraphs (A) through (F) of paragraph (1);

(6) any violation of U.S. sanctions, the Foreign Corrupt Practices Act of 1977, or section 953 of title 18, United States Code (commonly known as the “Logan Act”), by any person or entity described in subparagraphs (A) through (D) of paragraph (1);

(7) any “business rule” developed by the FinCEN to screen data under section 21 of the Federal Deposit Insurance Act, chapter 2 of title I of Public Law 91–508, or subchapter II of chapter 53 of title 31, United States Code (collectively, commonly known as the “Bank Secrecy Act”), to identify financial transactions involving Russian senior foreign political figures, or any individual described in subparagraph (A), (B), or (C) of paragraph (1); and

(8) any Egmont Group requests made to a foreign Financial Intelligence Unit, including Cyprus’ Financial Intelligence Unit, the Unit for Combating Money Laundering (MOKAS), pertaining to the financial transactions of any individual described in subparagraph (A), (B), or (C) of paragraph (1)” (Waters, 2017)

In our time, there are enough questions to the ethical behavior on the New York Gang, which in implied in the current administration of running both the United States Government and the Trump Administration. This all puts all the dots together. If the New York Gang needs funding and gets it through agreements and deals done with Russians, clearly they will collude with them when they get into power. Like its seemingly has done and there are more than enough banks, transactions and unrevealed trades that has to surface to make the unanswered questions gone away. The President and his men are now in hot water. All of the fiscal and financial business together with all of this Russian operatives really proves the possible connections. That long before the Trump Campaign and other political aspirations. Even if he tried to run in the past as well.

It is time for the New York Gang to be transparent and open up. If not with time it will get ugly and the revealed truth will never disappear as long there are unanswered questions. Especially, since the President and his affiliates never reveal their true value or company profits. Therefore, the need for oversight and look into the businesses owned by him. They are still run by the family and within his reach. So he will know what Donald Trump Jr., Eric Trump and other leaders of the Organization are up-to. To think otherwise is foolish. Peace.

Reference:

Waters, Maxine – ‘H.Res.442 – Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary’s possession to the House of Representatives relating to President Trump’s financial connections to Russia, certain illegal financial schemes, and related information’ (13.07.2017) link: https://www.congress.gov/bill/115th-congress/house-resolution/442/text?q=%7B%22search%22%3A%5B%22Russia%22%5D%7D&r=1

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