Jozef Imrich, name worthy of Kafka, has his finger on the pulse of any irony of interest and shares his findings to keep you in-the-know with the savviest trend setters and infomaniacs.
''I want to stay as close to the edge as I can without going over. Out on the edge you see all kinds of things you can't see from the center.''
Took Selected Media Dragons Three Decades to Track Putin's Secret Bank Accounts
From the New York Review of Books, a look at a book called Putin’s Kleptocracy: Who Owns Russia, by Karen Dawisha. The review itself is fascinating, and for TJN this paragraph is particularly interesting:
“Dawisha nevertheless argues that the KGB’s return to power begins not in 2000, when Putin became president, but in the late 1980s. At that time, the then leaders of the KGB, who distrusted Gorbachev, began transferring money that belonged to the Soviet Communist Party out of the Soviet Union and into offshore accounts tended by Swiss or British bankers. At least initially, these transfers took place with the Party’s knowledge.
In August 1990, the Central Committee called for measures to protect the Party’s “economic interests,” including the construction of an “invisible” structure, accessible only to “a very narrow circle of people.” KGB operatives who already had experience with managing foreign bank accounts—they’d been funding foreign Communist parties for decades—were put in charge.”
It’s a story positively writhing with offshore tax havens, secrecy, and the usual suspects: Britain and its dependencies, and Switzerland. We have noted, among other things, that the Euromarkets — the great, secretive deregulatory questions-free London-centric zone of free global finance — was fueled almost from the very beginning by Soviet banks looking to escape U.S. sanctions.
Once again, we have to ask ourselves in the West the question: