Ananova.com NewsLord Myners was appointed to oversee the British Government’s bank bailout. The following clips from news stories here in the UK and around the world expose the greed of the bankers and the incompetence of the Government.
Lord Myners in fancy dress
This post focuses on the Royal Bank Of Scotland farce in particular and the players involved in what should only be described as a fraud against the British taxpayer.
Ananova.com had this to say:
Minister Branded ‘Pathetic’ In RBS Rescue
A leading member of the influential Treasury Select Committee has labelled City minister Lord Myners “pathetic”.
Speaking on Jeff Randall Live Conservative MP Michael Fallon said: “Myners’ job was to defend the tax payers’ interests and prevent a reward for failure and his attempt this morning was pathetic.”
The comments come after Lord Myners was quizzed over his part in the Government’s rescue of Royal Bank of Scotland.
A report on the BBC web site:
Row over Sir Fred pension advance
There is uncertainty about whether Sir Fred Goodwin will pay back a £2.7m advance on his £16.9m pension pot.
Earlier on Tuesday, Treasury Minister Lord Myners told MPs that Sir Fred had pocketed that amount.
The Australian says:
Investors, taxpayers mugged as RBS doubled Sir Fred’s pension
PAUL Myners, minister for the City of London, has accused the former board of Royal Bank of Scotland of devising an elaborate ruse to deceive him about the size of Fred Goodwin’s pension.
Sir Fred Goodwin, ex CEO of The Royal Bank Of Scotland
Royal pension: Sir Fred’s pension was discreetly doubled at Royal Bank of Scotland, which also offered to pay their CEO’s tax bill.
In meetings last October with Tom McKillop and Bob Scott – the bank’s former chairman and its head of its remuneration committee – when it was agreed that Sir Fred would leave RBS, neither told Lord Myners that they planned to double Sir Fred’s pension pot to £16.9 million ($36.1 million).
Lord Myners, giving evidence to the Commons Treasury Select Committee, admitted that Mr Scott had warned him that Sir Fred’s pension would be “enormous”.
The Times Online report:
‘Use terrorism law on Goodwin’
MSPs hope legislation used to combat terrorists could help retrieve the disgraced ex-banker’s £30m pension
MSPs have launched a campaign to use anti-terrorism laws to freeze Sir Fred Goodwin’s assets, as a poll showed that most Scots want the disgraced former banker stripped of his £700,000 annual pension.
Politicians believe legislation would allow ministers to seize the luxury Edinburgh home and classic car collection of the former Royal Bank of Scotland (RBS) chief executive.
They claim it would give the government more leverage in its efforts to persuade Goodwin to forego some of his pension for presiding over the downfall of the bank which posted a loss of £24 billion for 2008 and had to be bailed out by the state.
DuckShoot Alarm: As much as I detest these fraudsters, using antiterrorism laws against them would set a dangerous precedent. We have criminal courts and civil courts that should be able to prevent this theft.
The Australian got it right we’ve been mugged and I think the Government is up to its neck in it. What do you think?
Definitions:
MSP – Member of the Scottish Parliament
Mp – Member of the British Parliament
RBS – Royal Bank of Scotland
Related posts:
Pictet & Cie. Bank – list of crimes.
1996 —- Breach in London.
2003 — FSA — States rogues operating in Pictet’s –London
Office . Ivan Pictet said documents were forgeries but
were lated proved to be genuine. Had documents held
in London office destroyed.
2007 — Japan. —- The Securities and Exchange Surveillance
issued a recommendation that the Prime Minister and
The Commissioner of the FSA to take disciplinary
action against Pictet Asset Management. Japan Ltd.
2008 — Dec. —Pictet Bank state — “ we have never chosen
any funds linked to Madoff.”
2011 — Madoff Trustees sue Pictet & Cie. For $156 Million.
2011— Bank at centre of Bribery and money laundering case.
Being sued for $350 million. ( In U.S.A.)
2012.— Geneva Bank Pictet used in Offshore Tax Scheme.
U.S. Authority states.
@Jack Loach. And your point is? Give me the story and I may publish but I don’t see the point of this list.
The Criminal Super Class.
Bankers.
Lawyers.
Police. April.2012.
Over approximately five years of hitting the internet with a case that involves criminality by a major Swiss Bank , Britain’s most prominent fraud lawyer and a regional police force headed by one of Britains top policeman. ( Surely justice should prevail.)
In fact the complete opposite even though the offences committed are very serious.
Conspiring to Pervert the Course of Justice.
Perverting the Course of Justice.
Contempt of Court.—————— plus a dozen or so smaller offences.
In the five years some 6-7million e-mails have been forwarded to all Members of Parliaments in Britain and Switzerland, every barrister and chambers in Europe .
Every law inforcement body in both countries , and America. Even raised in Parliament twice.
The banking fraternity fully aware of this case still decide to give the Private Banker of the Year Award to Ivan Pictet — Pictet & Cie Bank. ( Him being the person most responsible for the crimes committed by him and his bank partners. )
The legal fraternity decided that Monty Raphael of Peters & Peters . London became an honourable Queens Counsellor and to rub the salt in six months later made a Master of the Bench. He also was guilty of all the above offences but so what. At this rate he might become King by the end of the year.
The police ( West Yorkshire Police.) headed by Sir Norman Bettison has not improved as a force on fighting crime. They are now worse than the days of the Yorkshire Ripper , when they had him in custody nine times and let him go. If it hadn’t been for the South Yorkshire Police force catching the Ripper he would have still been at large to day .
Then they wonder why the man in the street becomes angry and decides to riot.
Even after five years of exposing their crimes on the internet , they dare not take legal action to stop us — no injunctions — no writs – they can’t risk going to jail.
All we can do is to continue pressing for justice and up the pressure on the internet. For the next five years and beyond.
West Yorkshire Police.
We note that Det Chief Inspector Steven Taylor has been removed as Head of the Economic Crime Unit and demoted to Det. Inspector. ( One down two to go.)
A file of some 339 pages including scores of documentation has been forwarded to the following — Aug 4-6th .2011.
640 — Members of Parliament.
460 — Members of the House of Lords.
Ministry of Justice.
F.S.A. – Financial Services Authority.
Serious Fraud Office,
Peters & Peters .London. — Solicitors.
Pictet & Cie Bank — London & Geneva.
West Yorkshire Police Authority.
I.P.C.C.— Independent Police Complaints Commission.
C.C.R.C. — Criminal Cases Review Commission.
Swiss Ambassador London.
Update .May 24th. – 2011.
Nov23rd—-Nov26th.2010.
The following sent to —-312 Lords.——- House of Lords.( inc. Lord Myners.)
The following sent to —-649.M.P’s——–House of Commons.
BANK – PARTNERS IN CRIMES.
Pictet & Cie Bank.
Ivan Pictet.
Nicolas Pictet.
Charles Pictet.
Jacques de Saussure.
Jean – Francois Demole.
Renaud de Planta.
Philippe Bertherat..
Pictet & Cie.- claim they are the “Rolls Royce”of Swiss banks.
Swiss Banks or more correctly Swizz banks.
Swizz. —- “ a great disappointment.” or a “ fraud.”
Fraud. —“ an intentional deception or dishonesty.”— “a crime.”
Crime. —“ an act committed or omitted in violation of a law.”
Serious Crimes .
Conspiring to pervert the Course of Justice.
Perverting the Course of Justice.
Contempt of Court.
Pictet & Cie.
Pictet & Cie Bank –Partners –(1996—2011 )- guilty.
Peters &Peters – Partners.— (1999—2011 )- guilty.
The bank and it’s officials/lawyers deliberately withheld crucial documents requested under a High Court order. The bank and it’s officials/lawyers deliberately withheld evidence from the Police, and one of it’s account managers Susan Broadhead gave a false witness statement .
Another one of it’s managers Nicholas Campiche ( Now Head of Pictet – Alternative Investments.) concocted a letter pretending to be a client and closed his account. The senior partner (Ivan Pictet.) sought to have numerous documents destroyed,along with those copies held in their London office’s of Pictet Asset Management. Initially stating that they were forgeries then their lawyers Peters & Peters – Monty Raphael .Q.C.–and the barrister Charles Flint.Q.C. later had to admit in Court that the documents were genuine.
British Parliament. Hansard .29th March 2007.
Barry Sheerman .M.P.—quote.
———“ Constituents of mine have lost £2 million through fraud. The fraudster used Pictet & Cie – - a French Bank – - and Pictet Asset Management to back the fraud being perpetrated.””
(1) It is a criminal offence for a bank to knowingly act for an undischarged criminal bankrupt in so far as it seeks to assist that criminal bankrupt in the fraudulent movement of monies. ( Money Laundering.)
(2) It is a criminal offence for a bank to lie to the police and the bankrupts trustee in bankruptcy in so far as any knowledge of, or dealings with the bank was refuted .
(3) A bank can be guilty of Contempt of Court if it fails to comply fully with the Courts order for discovery .
(4) The banks contempt is further compounded if it fails to address its error after it is specifically drawn to the to its solicitors attention. ( Monty Raphael).
(5) It is a criminal offence under the Financial Services Act to seek to destroy evidence that might be relevant to an investigation .
(6) It is a criminal offence not to relinquish control of funds to the Trustee immediately the fact of the bankruptcy is drawn to the banks attention.
(7) It is a criminal offence to lie or otherwise obfuscate the lawful and proper enquiries of the F.S.A.
In the F.S.A. cover up , they concluded that there had been “ Rogue” elements in Pictet & Cie’s , London operations . They had been moved from their London Office so who was there left to prosecute. “ Unbelievable.”
On Dec 9th,2008. the complaint was sent to 150 Members of the House Of Lords and 230 Members of Parliament.
*** We thank –David Cameron. M.P. ( Canary Wharf Speech.) Dec. 15th. 2008.
*** –Now —- The Prime Minister.
(1) Bankers who behave irresponsibly should face professional consequences.
(2) If anyone is found to have behaved criminally they must be prosecuted.
(3) The F.S.A and the Serious Fraud Office should be following up every lead, and
investigating every suspect transaction .
(4) We need to make it 100% clear –those who break the law should face prosecution.
(5) That we make sure we root out any wrongdoing that may have happened, whoever is
involved, however high or well connected they may be.
The ‘Doyens’ of the establishment.’ ( Ivan Pictet and Monty Raphael.)
Ivan Pictet.
Managing partner in Pictet & Cie Bank . — retiring -. 2010.?
President of the Geneva Financial Centre. – stepping down. 2010.?
World Bank.committee member.
United Nations. Investment Committee member,
Vice President – Global Humanitarian Forum. — redundant.2010.?
Member of the Henokiens.
Blackstone Group — Board Member.
Past- President – Geneva Private Bankers association.
Past –President – Geneva Chamber of Commerce and Industry.
Monty Raphael.Q.C. ( Peters & Peters.)
Quote.” —- Doyen of U.K. Fraud lawyers.
Head of Fraud and Regulatory Dept. — stepping down.?.
Member of the Law Society of England & Wales.
International Bar Association Member.
Director of Fraud Advisory Panel.
Written Parliamentary Questions received by the table office ..
(1) To ask the secretary of state what steps he is taking to ensure that Swiss Banks such as Pictet & Cie do not evade criminal prosecution under EU law even when the illegal act is committed by a London based subsidiary.
(2)To ask the secretary of state what steps he is taking to protect the rights of UK citizens who seek redress following criminal activities by Swiss banks with subsidiary offices located in London.
On Dec 9th,2008. the complaint was sent to 150 Members of the House Of Lords and 230 Members of Parliament.
On Aug 19th.2009.another complainants file regarding the “cover up” was forwarded to the same 380 members.
We started our campaign in June 2008 — via the “net” to highlight our fight to get “justice”. In our second year campaign we hoped to reveal further damning evidence . Due to there being an on going Police investigation into our complaint we are at this moment unable to place dozens of documents on to the “net”. Again we thank other “ E- Mailers” for their information in relation to our campaign.
Quote. ( America’s Top Lawyer .)
You can be the richest man in the world with the best lawyers that money can buy but you cannot win against a man who has got nothing left to lose and is telling the truth.
Truth Hurts.
• Ivan Pictet. Announces stepping down from Pictet & Cie. 5th Feb 2010.
June 2010 – stepping down as president. Geneva. Financial Centre.
• Monty Raphael. Steps down as head .( Peters and Peters ) May. 2009.
*** We note that there has been a sharp increase in Peters & Peters partners leaving to go to other practices. Moving does not alleviate them of any responsibility from any illegalities that may have occurred at Peters & Peters during their partnership tenure. From 1999 onwards.
*** Were currently waiting to see if the West Yorkshire Police :-
(1) Chief Constable —- Sir Norman Bettison.
(2) Forces Solicitor —- Mike Percival.
(3) Head of Economic Crimes Unit.— Det. Chief Inspector Steven Taylor.
– continue to attempt to cover this case up like their F.S.A. Counterparts.
If they do “ watch this space”)
We have recently been informed that due to pressure from our M.P. that the Ministry of Justice have asked Lord Myners to investigate our claims that the F.S.A. covered up the illegal activities of Pictet Asset Management. London. They might as well have asked Ivan Pictet to investigate .or Friends Reunited.
Lady Myners on Prix Pictet board.
The consensus of opinion is the Pictet & Cie should be prosecuted , and that their banking licence’s should be taken away in the U.K. ( and fined.)
Their solicitors at Peters & Peters — struck off and prosecuted..
In America they would have all been in prison for the last seven years.
Our Campaign’s Second Year Anniversary this week .
Started June 6 th 2008. ( almost 4 million E-Mail in three years.)
Still no injunctions – - -no writs – - – ( they can’t go to Court – - – - it’s all true.)
*** the Bigger they are – - – - the harder they fall.!!!
In America – - they would have all been in prison for the last seven years.
Full Story.
Go to search box on “Google” and insert ( Peters & Peters/ Pictet & Cie.)
Or insert any of the following combinations.
1. Insert.—( Jacques de Saussure/ Monty Raphael)
2. Insert—( Ivan Pictet / Monty Raphael).
3. Insert—( Pictet& Cie/ Monty Raphael.)
4. Insert—( Charles Flint/ Monty Raphael)
5. Insert—( Nicholas Campiche/ Susan Broadhead). .
6. Insert.—( F.S.A./ Monty Raphael.)
7. Insert – ( F.S.A./ Pictet & Cie.)
8. Insert.—( Hansard/Ivan Pictet.)
*** Latest News !.!.
Bernard Madoff’s trustee suing Pictet & Cie. — $156 Million.
Rogue Pictet & Cie advisors sold Madoff Funds.
Pictet & Cie helped thousands of rich Americans hide monies offshore.
Madoff got 150 years in jail —- surely the bank partners , their lawyers and “ advisors” should also get appropriate jail sentences.