Ukraine Oligangsters Fight Each Other Over IMF Billions – While Ukraine People Scavenge In Bombed Out Rubble
The true destructive nature of Western IMF extortion game hegemony shows through bright and clear.
With 40 Billion Dollars of the IMF carrot of control over Ukraine at stake, oligangsters are already fighting over who gets to pocket the first $5 Billion.
Similar to the Western and European BIG BANK BAILOUTS of 2008, only on a smaller scale, the IMF is dropping 40 Billion into Ukraine.
40 Billion that will go into the hands of a select few gangsters in Ukraine, while the war torn Ukraine people guilty of breathing and being there, will be left begging.
Anything left over from the 40 Billion attachment to the occupation of Ukraine, will most likely be re-routed into private bank accounts of Western politicians and officials, who will always vote to keep the IMF ‘in good legal standing’.
But never mind the facts on the ground.
The battered people of Ukraine will realize nothing of the 40 billion issued by the IMF.
But every Ukraine citizen will now owe their soul to the IMF company money store.
Thanks to the US/NATO/CIA Occupying gangster government in Ukraine taking the IMF billions and running, while dumping the 40 Billion debt onto the backs of the Ukraine people.
Exactly the same game as the 2008 ‘bailouts’ in the West.
That is the way of IMF GANGSTERS, Ukraine Oligangsters, and Western for-profit predator gangsters who are implementing their usual game of destruction and domination.
No wonder IMF Chief LaGarde is talking so nice nice with the Chinese-led AIIB.
Perhaps he is trying his best to avoid an appearance at the Hague International Criminal Court.
AIIB should really practice more discretion in WHOM they allow into their budding organization.
With LaGarde and the IMF, the AIIB gets a load of dirty laundry that is not conducive to good character, above board business practices, or common decency, to say the very least. If this reporter had a say in the decision, neither LaGarde or the IMF would be welcome within smelling distance of the AIIB organization.
“…Lew may very well be barking from a vantage point of self-imposed isolationism, as even International Monetary Fund chief Christine Lagarde has said the IMF would be “delighted” to co-operate with the China-led Asian Infrastructure Investment Bank (AIIB)”.
Private army in Kiev: Why oil stand-off in Ukraine shows oligarchs won Maidan revolution
Published time: March 23, 2015 23:32
Whatever the outcome of the stand-off between President Petro Poroshenko and his subordinate Igor Kolomoysky may be, their conflict over Ukrainian oil giant Ukrnafta reveals realities about post-Maidan Ukraine which mainstream media manages to circumvent.
Firstly, the country is still ruled by oligarchs, not by the people, even though Igor Kolomoysky is formally governor of Dnepropetrovsk region. Kolomoysky’s private army simply took control first of Ukrtransnafta (Ukraine’s oil transportation monopoly) and later of Ukrnafta. What does this tell us about the Ukrainian state?
Secondly, Ukraine’s oligarchs are not at peace with each other; the country is bracing for a major ‘war for assets’ between the country’s richest men (Kolomoysky is worth $2.4 billion on the Forbes list and ‘The Chocolate King’ Poroshenko is worth $1.3 billion).
Thirdly, the Maidan revolution not only left the country without any meaningful legal opposition in the parliament or in the media – as Kost Bondarenko, director of the Kiev-based Foundation for Ukrainian Politics, put it in his article for the Moscow-based Nezavisimaya Gazeta – but the revolution also left Ukraine in a situation of complete lawlessness, when neither laws nor even the words of the president mean much before brutal force and big money (the main weapons of oligarchs).
The story of the weekend conflict between Ukraine’s president and the governor of Ukraine’s most important industrial region is a perfect illustration of all these sad truths.
Kolomoysky’s men with submachine guns not only took control of Ukrtransgaz on Friday, but the governor of Dnepropetrovsk was apparently untroubled by President Poroshenko’s reprimand for his “unethical behavior” issued the next day.
Kolomoysky’s response to this “scolding” from Poroshenko was widely reported, along with an officially unconfirmed freeze on the accounts of Poroshenko’s companies in Kolomoysky’s bank (Privat-bank).
Adding armed insult to the financial injury, Kolomoysky’s men on Sunday took control of Ukrnafta, the country’s biggest oil company, presenting themselves as members of the “voluntary battalion Dnieper” (a Kolomoysky-sponsored paramilitary group known for its atrocities against civilians in the rebellious Donetsk Region). Despite Poroshenko’s order to disarm the gunmen and the president’s promise that “there will be no pocket armies in Ukraine,” Kolomoysky’s men did not leave the building on Monday; instead, they started to put up metal fences around it.
How could such things happen? The answer is simple: the traditional post-Soviet alliance of big money and political power (the fertile ground for oligarchs) failed to be destroyed, and has been strengthened by the Maidan revolution.
“Let’s face it: Yanukovich was removed by oligarchs. Some of them financed and supported Maidan. Others, more importantly, betrayed Yanukovich, removing the police guard from the building of his administration in February 2014 and switching the political allegiances of oligarch-controlled TV stations in favor of Maidan,” explained Mark Stolyar, former head of the Kiev-based radio station Stolichnye Novosti and a longtime analyst of the Ukrainian media scene. “After Maidan, these oligarchs demanded their part of the spoils, unleashing another redistribution of property.”
In that sense, Maidan’s sponsor, Poroshenko, was just one of the oligarchs who won the seemingly best prize: the formal position of head of state, adding power to money.
But Poroshenko never took his hands off his business assets after being elected president of war-torn Ukraine in spring 2014 – and this mere fact made him vulnerable. Poroshenko promised to strip himself of all assets, except his TV station – Channel 5 – but he never fulfilled his promise. Today, simply by having his assets and money in many regions, including Russian ones, Poroshenko becomes vulnerable to pressure from richer oligarchs, such as Kolomoysky. The reported freeze on Poroshenko’s capitals in Privat-bank is a good illustration of what this pressure could look like. This puts Poroshenko in an awkward situation.
“If Poroshenko does not react to Kolomoysky’s challenge now, he will become a toy figure not only to Kolomoysky, but also to other regional strongmen. In this situation, the state will be badly weakened,” said Valentin Zemlyansky, a Ukrainian political analyst, formerly the chief spokesman for Ukraine’s oligarch-controlled company Ukrenergo.
Vladimir Sinelnikov, a Kiev-based correspondent for Russian radio Vesti-FM, is skeptical about Poroshenko’s resolve to cut Kolomoysky to size.
“It is still a big question, who is more powerful, Poroshenko or Kolomoysky. The whole controversy around Ukrnafta started after the Ukrainian parliament put in question Kolomoysky’s control over that company. Kolomoysky controls 42 percent of the stock of this formally state-owned asset. This allowed him to block the meetings of shareholders, which required a vote by 60 percent of the stock for a meeting’s convention. The parliament lowered this minimum to 50 percent, thus limiting Kolomoysky’s powers, but he quickly showed who the true master of the country was,” Sinelnikov said.
So much for Poroshenko’s promise to cut the oligarchs to size.
This story also tells us where all the Western loans to Ukraine went, and where they will most likely go.
The “democratically elected” billionaires ruling Ukraine after the “democratic” coup of February 2014 have not been able to conceal their rivalries for even two weeks since receiving the first $5 billion batch of the $40 billion loan package pledged to Ukraine by the IMF and other Western financial institutions.
Kolomoysky did not shy away from using his “Russia-stopping” battalions for shielding his assets from the state.
There is little doubt that Poroshenko and other Ukrainian officials will find a way to explain to their Western counterparts that their $40 billion was swallowed by the need to contain “Russia’s intervention” from the east. Some of these billions, however, may help Poroshenko and his allies move up the Forbes ratings of Ukraine’s richest men. And again, the State Department won’t see any link there.
Dmitry Babich, Sputnik International