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tv   [untitled]    June 12, 2011 3:31pm-4:01pm EDT

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while kings go mad their people suffer. hollow some take advantage of power that was given to them. secret some big dirty money. more news today in harlem says once again fled up the phone these are the images the world has been seeing from the streets of canada. china corporations are today
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. hello this is our team from moscow is kevin go in with you here tonight this sunday evening with a look at our top stories from the week the first of nato launches its heaviest the most punishing a strike from the libyan capital killing dozens as the rebels complain the alliance is ignoring the real frontline meantime of course international condemnation over syria gets ever louder. and it comes to a boil in greece as the government moves to make deeper cuts in public spending in exchange for another received bailout in germany those footing the bill say they're getting tired of paying others debt. and the u.s. god this ship sails into the black sea for naval exercises with ukraine but the
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move provokes moscow's i'm get which claims it's a pretty good for nato as controversial missile shield program. next time for a special report where we take a look at how the world's dictators boost their bank accounts illegally coming up here on r.t. . billions of dollars are escaping from developing countries to financial safe havens in europe and secret bank accounts bogus companies and offshore zones are all in on the act. using their very very traditional mass itself what we call money laundering was sort of the licit schemes to presidents government ministers she used to launder money how much money have they been able to talk away in secret bank accounts. five billion dollars mobarak with this two method at seventy billion
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traces the dark fortunes and how can the bankers keep their reputations clean. hollywood we had had no. accounts since more than thirty years to compile swiss bankers to disclose information about their clients will the infamous veil of privacy over the country's bank accounts finally be lifted for good. since there is nobody in the house so maybe nobody is living in this building the sixteenth district of paris avenue for this is a quiet fashionable neighborhood. near by an excellent view of the eiffel tower can
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be seen from the window the inhabitants of these premises are no ordinary people and they prefer to keep a low profile. you can take pictures here why is that these are embassy grounds. i don't always see ok them. as a matter of fact the building houses no diplomatic missions the dogs are simply trying to protect the privacy of a big shot staying there. an activist from a nonprofit organization sherpa often visits this neighborhood as a new fashion also known as yet you have to pay interest because a lot of african leader is a major isn't the word owns a building or an apartment. was lucky this time the owner of the apartments appears to be in demand the works here tell me that here like two three times a year so i know it's not here very very often so that's why it's pretty amazing
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that it's here right now. activists investigate the shady financial deals of past and present political leaders across the world one of the most recent investigations concerned the money belonging to x. tunisian president ben ali it had been taken out of tunisia and hidden in european bank accounts. into newsier itself the search for the next president's money began two days after he fled the country in january two thousand and eleven however should correct to this started investigating ben ali's finances. pollution according to the organizations estimates the next president's family may be worth as much as five. minutes zaki has spent several years investigating. and dealing some leaders of third world countries but even she gave
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a rough estimates of the fortunes of figures was five billion years. seventy billion serious sources the. estimates went up to one hundred. twenty billion it is believed that the family of the libyan leader is africa's richest the gadhafi clan keeps billions of dollars in bank accounts according to specialists from the international center for asset recovery all of libya's state run companies have some links to the colonel's family . oil companies such as time oil are the main asset even swiss customers know whose petrol like cars use. but doesn't belong to. libya most of the early with. its libyan oil the libyan leader entrusted his son hannibal with fiscal operations in europe gadhafi jr subsequently
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booked him selfe into a plush hotel in geneva. the hotel president wilson it's a. very exclusive and beautiful hotel we have the biggest most expensive suit in europe and only the richest people of the world can stay. in this you would have such clients like a red president. hosni mubarak's there is also was as during his trip to switzerland for a mere fifty eight thousand guests to this exclusive hotel gets the presidential suite with expensive decorations in the finest taste customers that literally trade on gold now you can see the floor made of gold. restaurant lebanese this is our restaurant with lebanese cuisine with a very luxury design and very refined lebanese traditional cuisine an
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unpleasant incident that took place at this hotel in the summer of two thousand and eight solid relations between the alpine republic and libya for a long time on july the fifth swiss police detained duffy and his pregnant wife on a bill was charged with assaulting and policeman for him to come down to the lobby . he didn't want to come so they waited for some time and then they decided to go into. this situation talk. about. swiss newspaper tribune nave printed pictures of both gadhafi jr under arrest and the hotel attendants that were attacked annabelle found a lawsuit against the newspaper yet the biggest consequence of the incident for switzerland was libya's boycott of economic cooperation assume this crisis broke
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out between so it's. been authorities have withdrew with grown. apart at least or even named porton part of the money towards the positive the swiss banks khadafi and switzerland had a political problem they fell out with each other so there's only five hundred million only in inverted commas five hundred million left in switzerland marc pitt professor at basel university has long been tracking money laundering methods in his view before civil war broke out gadhafi perceived himself as libya's omnipotent master for that reason he didn't even bother to disguise the movement of billions of dollars gaddafi didn't spend all that much if it to hide the money it was pretty open most of this. like you have this thirty billion in the us they were easily found because they were identified with gaddafi
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but in most cases leaders of developing countries resort to much more intricate nontransparent schemes as a rule the money goes around the world before landing in anonymous bank accounts in europe. yes it's that these people are using their very very traditional methods of what we call money laundering for instance found a company. an offshore company a letter box company you have a british virgin islands company with a fantasy name this company opens bank accounts for. cyprus for instance and then you send the money from cyprus to the vel regulated fund big financial center london this eerie. or new york. from tomorrow. is coming. that's why where we are
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working. this is phoebe she's the guardian of all the assets that we have found still waiting of course the four more who do forget daniel tellus class works for the center for asset recovery he says investigating the financial of x. heads of state takes the meticulousness of a good book keeper rather than the skills of an intelligence officer once you have found the money and the accounts you can start to confiscate the money but very often we have problems in finding where the money is so in that situation our country must do everything to trace and locate the assets. daniel tellus class hopes that investigating will become easier to follow in the revolutionary tsunami in north africa. that evolution of the positive impact brings in a new government and the government is on the pressure to act they cannot forget about the case in egypt now where millions of people again on the street to all
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follow up action two days after mr mubarak was arrested so it seems to be important to the civil society the population at large is also fighting for distrust us the way the international center for asset recovery looks for the billions of dollars hidden in europe it will go on says master classes for investigators from developing countries they are taught how to pinpoint traces of money that has vanished from national budgets. we do make for more requests for example is that money was transferred into their country that we do assist with that country with questing that is impossible three show of liberia has a deposit x. number of dollars in this particular bank in your country and we feel that this money is in the good money so want you to put
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a freeze on that money until quite recently money returning to its home country was the exception rather than the rule of bankers to only free suspicious accounts for a long time but they have no right to send money illicitly taken out of countries back to the national budgets without a request from the new government but usually it's based on a request by the country. we do explain what we are doing at the conference is that there also we can explain what we can offer about the request has to come from a country we do not have the mandate to investigate our own but many believe there's a lot passed in switzerland early two thousand and eleven to make it possible to change the situation in a significant way already there is talk of the new tourist bus. banking secrecy being lifted altogether which is something the swiss bankers have always been proud of the fluids in the onset of a new era an age of total financial transparency. twenty
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years ago jane its first president. in the midst of colossal change. setting a new direction for a new country. saluting the state understood a. commission free accreditation free transport charges free. range mentioned free risk free studio types free. download free broadcast quality video for your media projects a free media dog to r.t. dot com you.
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would be soo much brighter if you knew about someone from phones to christians. who threw stones on t.v. don't come. the atlantic.
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split. was. he says where mysteries are valuable. she looked out the entire hotel he stayed in an enormous room. other rooms were occupied by his servants and bodyguards. yolanda the chambermaid at this last show tell had no idea who the amicable and
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polite man really was they completely took over the hotel for a month. i sometimes came across him in the corridor. she always said hello and in general he was a very nice city he was a generous well managed client. we got double pay for that month. haiti's ecstatic tator john claude duvalier was the occupant of those fashionable premises with an excellent view of the nearby lake investigators put the sum of money he took out of the country and hundreds of millions of dollars. chose with the way it was born in haiti in one thousand nine hundred sixty five he had to leave his country but he has vivid memories of the regime that the devalued family established on the island. of purgatory nine hundred. fifty five seven. two years later to us it was.
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against. their will for oppression and it was very very dangerous to leave. france want to valley a ruled the poorest country of the western hemisphere from one nine hundred fifty seven to nine hundred seventy one he fosters an atmosphere of fear and repression on the island moreover he. invented a scheme but unable to his family to amass a fabulous fortune over the course of nearly two decades devalue a senior masterminded the so-called presidential foundation haitian businessman would you to contribute to it according to various estimates the foundation grew by three million dollars each year after the death of francoise devaluate popularly known as papa doc his son john claude duvalier took his place baby doc pursued his father's policies in all spheres including the financial one. money we're talking
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about now in switzerland is the money belonging fund ation initiative. which was opened by. by the mother of baby doc and the wife of. familia foundation. owns the money of the family and the foundation bank account in switzerland that it's a was a bank. laundering money and to devalue it was much easier than it is today needs of bogus firms no numerous money transfers were necessary money from the state treasury and that received from other countries assume on a tarion aid was transferred to a foundation opened by members of the family of the head of state from then it went to europe. the account was not.
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in between. the oficial account holder is the foundation. we. were it was clear to everyone the real. family. fall in the one nine hundred eighty six to develop a had to flee to europe then he shared his time between paris and the fashionable hotel on the border with switzerland he made several unsuccessful attempts to get access to the multi-million fortunes hidden away in swiss banks since the early two thousand switzerland has been vigorously trying to rid itself of the image of a country whose financial institutions always welcome money without questioning its origin that's a legend of hollywood. and we had had no. accounts since more than thirty years what we have is that we have what we call a number account which patek your name inside the bank the employee
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don't see the name of the client but you cannot open an account in switzerland without giving your passport your own region of the font and there is no anonymity pyramid are both enjoys a good deal of respect and switzerland's banking community some time ago he owned a bank he says the pressure experienced by his colleagues in the past few years is purely a part tough business competition and so he is and is very simple is that we are in a business which is. and today people who wants to take market share of profitable business and i make are. not just. america especially always like to add us low outside. the united states does. develop a family money was frozen in bank accounts for nearly
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a quarter of a century the swiss would dearly like to give the billions back to the people of haiti but under a law that was still in force until recently they couldn't do so without an official request from the new government to the island country a new nor came into effect in early two thousand and eleven journalists have dubbed it the devalued act. now politicians and big time businessmen will find it difficult to open an account in swiss banks the procedure is now much more complicated because presidents government ministers and monarchs belong to a group of so-called politically exposed persons top foreign clients can be denied banking services all together so if it's a president of the palace. head of a big public company we will not do business with as a matter of fact ordinary people as well as taters will now have to worry about the confidentiality of their bank accounts in january two thousand and eleven rudolf
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elmer gave two discs to julian a son the disks contained information on the bank accounts of several thousand customers it was suggested that the people mentioned on the disks were dodging taxes. do you know it. i say that again. in order to thank investigative and making a decision on a elma's actions have brought him face to face with a swiss court of law the former bank employee may face serious prison time for releasing the confidential data. one of the journalists investigating theft the secret banking information is yen's brown bush of the financial times the first scandal of this kind broken germany in two thousand and seven the german government had acquired a disk from anonymous individuals it contained information about germans hiding
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their money in foreign bank accounts to avoid paying taxes in germany. there were seven hundred or seven hundred seventy german names on it some of them had to go to court all of them had to pay money back in the year two thousand and eight the german state court because of this more than one billion of europe back such actions drew a mixed response from germany bankers didn't mince their words saying the german government's behavior was no better than that of thieves i find it to shame and a scandal that german authority get away with using the pa session of stolen goods you know i shot in switzerland if you steal good and then you sell it you go to jail it's a kind of switzerland's famous reputation for banking secrecy that come under attack a few months before that u.s. authorities had pressurised u.b.s.
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into releasing information about the accounts of thousands of its american customers they were suspected of tax evasion in their home country when the swiss banks were sidibe march two thousand. and it had been ten years that swiss bank exists it had been eroding actively that had been. out performed by anglo-saxon trusts the journalist minutes zaki maintains that banks have been compelled to be more open to the public the fact is that the swiss banking system is losing an undeclared war with anglo-saxon financial institutions the fight with bank accounts with a shady past is only an excuse i'm glad saxons have killed the swiss in order to prosper themselves on the tax evasion market you know how much is the tax evasion market money is in it thirteen trillion thirteen thousand billion.
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undeclared money world like it's no longer on swiss bank accounts. a journalist from the french magazine l'express feels the chain of revolutions in north africa is only just picking up speed he's expecting new up people in the center of the continent over stolen from things. like. democracy. we are. in it. but according to activists realtors selling real estate in what is known as the dictator's avenue in a prestigious part of paris will experience no drop in the numbers of clients. the schemes used by some leaders of third world countries to hide billions of dollars
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will simply become more intricate. there is still a long way to go before the end of this international bust about big money. more than a month. in one of the most extreme environments on the planet this is antarctica and people have to be aware that they're far away from civilization sean combs discovers flight makes antarctica so special and attractive for many the wildlife. and the friends of. expedition to the bottom of the earth. download the official. touch from the still.
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life. video on demand on t.v.'s mine comes an r.s.s. feeds now in the palm of your. question.
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