Russians panic over FPSA corrupt oligarchs list and begin liquidating assets!

on . Posted in Patriot News Network

MOSCOW, Russia (PNN) - January 16, 2018 - Russian oligarchs are growing increasingly nervous over the Fascist Police States of Amerika Treasury's upcoming "Official Oligarch" list, which is being created pursuant to an Aug. 2, 2017 law requiring that the Treasury and State Departments identify officials and oligarchs as determined by "their closeness to the Russian regime and their net worth" in order to penalize the Kremlin for its alleged meddling in the 2016 election. The report, due in two weeks on January 29, must include “indices of corruption with respect to those individuals” and any foreign assets they may have. Russian businessmen are scrambling right now to protect assets and avoid the list.

Some people who think they’re likely to land on the list have stress-tested the potential impact on their investments, two people with knowledge of the matter said. Others are liquidating holdings, according to their FPSA advisers.

Russian businessmen have approached former Treasury and State Department officials with experience in sanctions for help staying off the list, said Dan Fried, who previously worked at the State Department and said he turned down such offers. Some Russians sent proxies to Washington in an attempt to avoid lobbying disclosures, according to one person who was contacted.

With Russia-friendly lobbyists such as the Podesta Group and Paul Manafort's operations shuttered, many desperate Russian oligarchs have been cut off from their D.C. influence peddlers.

Meanwhile, Treasury officials are reportedly growing concerned over the list, as they worry some people will conflate it with Obama-era sanctions. Moreover, portions of the report may be classified and issued in the form of a letter - as opposed to releasing it through the Office of Foreign Assets Control (OFAC), which is responsible for issuing sanctions.

The Treasury's report must include "indices of corruption," which will list any foreign assets next to an oligarch considered corrupt. “Because of the nervousness that the Russian business community is facing, a number of oligarchs are already beginning to wind back businesses, treating them as if they are already designated, to stay ahead of it,” said Daniel Tannebaum, head of PrivewaterhouseCoopers, LLP’s global financial sanctions unit.

Russian President Vladimir Putin has warned wealthy nationals over worsening FPSA sanctions, and provided them with a capital amnesty program designed to allow oligarchs to repatriate some of their overseas assets. Meanwhile, Putin has issued special bonds that will allow the wealthy to hold assets outside of the reach of the FPSA Treasury.

Kremlin spokesman Dmitry Peskov told reporters on Friday that Russia will react to any punitive measures against its businessmen, stating, "The principle of reciprocity remains," suggesting that Putin would employ a commensurate response to a FPSA crackdown on oligarchs.

Perhaps one of the main drivers behind Russian oligarchs shedding assets before the FPSA Treasury's "indices of corruption" are released is an Executive Order signed quietly in late December that freezes the FPSA housed assets of foreign government officials or executives of foreign corporations deemed to be corrupt.

In fact, anyone in the world who has "materially assisted, sponsored, or provided financial, material or technological support for, or goods or services" to foreigners targeted by the Executive Order is subject to frozen assets. This would apply to D.C. lobbyists working for corrupt Russian oligarchs, or FPSA government officials who have effectuated a uranium deal deemed corrupt.

While it has yet to be seen whether the asset liquidations will affect any specific sectors, one should keep an eye out for any red-dawn related volatility over the next two weeks.

Eulogies

Eulogy for an Angel
1992-Dec. 20, 2005

Freedom
2003-2018

Freedom sm

My Father
1918-2010

brents dad

Dr. Stan Dale
1929-2007

stan dale

MICHAEL BADNARIK
1954-2022

L Neil Smith

A. Solzhenitsyn
1918-2008

solzhenitsyn

Patrick McGoohan
1928-2009

mcgoohan

Joseph A. Stack
1956-2010

Bill Walsh
1931-2007

Walter Cronkite
1916-2009

Eustace Mullins
1923-2010

Paul Harvey
1918-2009

Don Harkins
1963-2009

Joan Veon
1949-2010

David Nolan
1943-2010

Derry Brownfield
1932-2011

Leroy Schweitzer
1938-2011

Vaclav Havel
1936-2011

Andrew Breitbart
1969-2012

Dick Clark
1929-2012

Bob Chapman
1935-2012

Ray Bradbury
1920-2012

Tommy Cryer
1949-2012

Andy Griffith
1926-2012

Phyllis Diller
1917-2012

Larry Dever
1926-2012

Brian J. Chapman
1975-2012

Annette Funnicello
1942-2012

Margaret Thatcher
1925-2012

Richie Havens
1941-2013

Jack McLamb
1944-2014

James Traficant
1941-2014

jim traficant

Dr. Stan Monteith
1929-2014

stan montieth

Leonard Nimoy
1931-2015

Leonard Nimoy

Stan Solomon
1944-2015

Stan Solomon

B. B. King
1926-2015

BB King

Irwin Schiff
1928-2015

Irwin Schiff

DAVID BOWIE
1947-2016

David Bowie

Muhammad Ali
1942-2016

Muhammed Ali

GENE WILDER
1933-2016

gene wilder

phyllis schlafly
1924-2016

phylis schafly

John Glenn
1921-2016

John Glenn

Charles Weisman
1954-2016

Charles Weisman

Carrie Fisher
1956-2016

Carrie Fisher

Debbie Reynolds
1932-2016

Debbie Reynolds

Roger Moore
1917-2017

Roger Moore

Adam West
1928-2017

Adam West

JERRY LEWIS
1926-2017

jerry lewis

HUGH HEFNER
1926-2017

Hugh Hefner

PROF. STEPHEN HAWKING
1942-2018

Hugh Hefner 

ART BELL
1945-2018

Art Bell

DWIGHT CLARK
1947-2018

dwight clark

CARL MILLER
1952-2017

Carl Miller

HARLAN ELLISON
1934-2018

Harlan Ellison

STAN LEE
1922-2018

stan lee

CARL REINER
1922-2020

Carl Reiner

SEAN CONNERY
1930-2020

dwight clark

L. NEIL SMITH
1946-2021

L Neil Smith

JOHN STADTMILLER
1946-2021

L Neil Smith