Tuesday, July 7, 2020

If Pope Francis is serious about transparency in financial matters, he will order Carmelo Barbagallo amend and re-issue the Vatican's Financial Information Authority (AIF) 2019 Annual Report :The Vatican's current state of financial reporting resembles Enron



by Ganesh Sahathevan





As reported by Church Militant: 

The president of the Vatican's financial watchdog agency excluded from his annual report any details of a raid on the agency's offices last fall.
Carmelo Barbagallo, president of the Vatican's Financial Information Authority (AIF) — an anti-laundering body set up in 2010 under Pope Benedict XVI — released AIF's annual report on July 3. While pledging greater "transparency of its financial transactions," Barbagallo's report fails to mention a raid by Italian police on Oct. 1 that uncovered nearly a half-billion dollars diverted from Peter's Pence, the pope's charitable fund for the poor.

Barbagallo's report, likewise, is silent on how the AIF scandal led to the dismissal of several key officials (including AIF director Tommaso Di Ruzza) and the resignation of AIF president 
René Brülhart in November. 

The above is the latest in a string of financial reporting issues(see below) which one would associate with the likes of Enron, rather than the Vatican.

TO BE READ WITH 

Saturday, February 25, 2017

Vatican Bank will not deny acting as a conduit for Soros funds

by Ganesh Sahathevan



Credit:Alessandra Tarantino/Associated Press


The Vatican Bank, or more formally the Istituto per le Opere di Religione (IOR), has refused to confirm or deny that it has acted and continues to act as a conduit for funds managed and controlled by billionaire Gorge Soros.


The queries were raised with regards to an earlier story published on this blog about secret or off-balance sheet Vatican funds being used by "Vice Pope" Cardinal Oscar Rodríguez Maradiaga to conceal funding from Soros for the Catholic Spring movement which he appears to be a  part of. 


The queries were put to the IOR's president Jean-Baptiste de Fanssu,who declared last year that as a result of changes he had introduced it was now "impossible to launder money" via the IOR.


Yet, just last week Italian prosecutors froze the assets of Italian banker Giampietro Nattino ,with regards to a stock market manipulation scheme he is alleged to have perpetrated using the Vatican financial system,which includes APSA,the Vatican's treasury and fund manager, which does not have a history of good governance.


END 

Reference
Vice Pope" Cardinal Oscar's Soros funding-Has the Vatican Bank acted as conduit , is it in breach of international AML,CTF and KYC regulations?

KPMG adds a scandal at the Vatican to its 1MDB issues: Vatican scandal involved Cardinal Pell, who tried to prevent it

by Ganesh Sahathevan


Don't Ask Us! - KPMG Global's Astonishing Response on 1MDB
SarawakReport story Don't Ask Us! - KPMG Global's Astonishing Response on 1MDB explains KPMG's capacity to deny anything.







As reported by the National Catholic Register, in its new story 
Tangled Web of Transactions Utilized to Fund Bankrupt Italian Hospital:

A key reason why Vatican officials believed they had no option but to take this route was because the Institute for Works of Religion (IOR), better known as the Vatican Bank, had already refused to issue the loan on the grounds it was too risky and would be in breach of its new practices.
Cardinal Pell concluded this was why Cardinal Calcagno, Cardinal Giuseppe Versaldi, then-president of CFIC, and Giuseppe Profiti, then-president of the Bambino Gesù, insisted on obtaining the loan guarantee from the children’s hospital, along with the fact that they knew that the children’s hospital had extensive funds to draw upon. All three underwrote the loan guarantee from the Bambino Gesù, according to documents examined by the Register.
But before doing so, they tried to win over Cardinal Pell and the Pope by hiring the accountancy giant KPMG to conduct a feasibility study to show how the loan could and would be repaid. But when Cardinal Pell’s office asked that KPMG sign their study, the firm refused to do so. The Register has asked KPMG’s Italian branch, which conducted the study, why the accountant group was unwilling to endorse it, but so far has received no response.
On the strength of the study, Pope Francis and Cardinal Parolin went ahead with the 50 million-euro loan despite opposition from Cardinal Pell and others — something the Vatican source said became a pattern.


KPMG's latest effort adds to its involvement in the 1MDB scandal:

Mar 24, 2015 - Sahathevan asked whether KPMG Global had been aware of any of the transactions relating to 1MDB outlined in the expose? He added that:.
Oct 22, 2019 - The chief commissioner, Peter Hall, appeared before NSW parliament to deliver a dire warning about the $673,000 in cuts forecast for next ...
Mar 27, 2015 - KPMG International does not have any relationship with — or connection to — 1MDB,” Wethered wrote in an email to Ganesh Sahathevan, ...
Mar 26, 2015 - KUALA LUMPUR (Mar 26): KPMG International has denied any ... Malaysian investigative financial journalist, Ganesh Sahathevan, who had ...

WuhanCovid virus: Taxpayers entitled to Atlassian data, modelling and advice relied on by Gladys Berejiklian ; NSW, Vic & Commonwealth relying on "advice" to circumvent limits on Government spending

by Ganesh Sahathevan


Atlassian at heart of tech hub_: Gladys is required
to be transparent in her dealings with Atlassian 



The Premier of NSW,Gladys Berejiklian has declared this week that the WuhanCovid virus outbreak in Victoria is the first instance of community contagion of the virus in Australia.

The same premier imposed a strict statewide lockdown from late March to early July on the basis that she was working to "flatten the curve".


Berejiklian relied on data and modelling from Atlassian's Scott Farquhar, which she has refused to place in the public domain. Farquhar and Atliassian were also reported to have devised if not proposed the COVID App, which seems to have done nothing.

While Berejiklian does not seem as hapless as her Victorian counterpart Dan Andrews it is clear that there are major gaps in what we are being told. Meanwhile Commonwealth and state governments continue to rely on a formulation of words ie "on advice of chief health officers and experts" to justify circumvention of policies that limit government spending.The Australian taxpayer is entitled to the data, modelling and advice from Atlassian and Scott Farquhar that Berejiklian and Scott Morrison relied on. 

TO BE READ WITH 

Coronavirus: Atlassian boss Scott Farquhar’s insight handed Gladys Berejiklian a lead


NSW Premier Gladys Berejiklian gets her morning coffee from her local cafe in Sydney’s Northbride on Friday as restrictions eased slightly. Picture: Nikki Short
EXCLUSIVE

YONI BASHAN
NSW POLITICAL CORRESPONDENT
@yoni_bashanMAY 2, 2020




NSW Premier Gladys Berejiklian turned to tech billionaire Scott Farquhar during the darkest hours of the COVID-19 pandemic, revealing­ that his data and modelling expertise put the state on an early war footing that helped prevent­ the horrific death tolls occurrin­g elsewhere.

In an interview with The Weekend Australian, the Premier also outlined how she planned to reposition NSW as a global manufacturing leader to hedge against inevitable budget deficits caused by the coronavirus pandemic.

As NSW eased its first social restriction­s on Friday, Ms Berejiklian spoke of how her personal relationsh­ip with Mr Farquhar and other leading industry figures had been key to moving early with social restrictions that flattened the infection curve and secured the state against disaster.

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She said Mr Farquhar, co-chief executive of Atlassia­n, had stepped in at a time when the ­extent and severity of the virus was still unclear.

He assisted with establishing the initial modelling that informed Ms Berejiklian’s “war cabinet’’ to move quickly against the virus; it was also Mr Farquhar who urged the Premier to publicise as much data as possible, so the community would heed the message of self-isolation.

“Scott Farquhar is a legend,” Ms Berejiklian told The Weekend Australian. “You don’t just need to be a health expert to manage a pandemic, you need to be a data expert and know what modelling shows you — and he is amazing. He helped me in the early days of the pandemic with data and managing data.”
READ MORE:Lockdown lifts Atlassian fortunes|Atlassian, start-ups kick off giveaways|We’ll play offence: Atlassian|Winners and losers in billionaire club|Tech execs urge #stopthespread

Mr Farquhar and Ms Berejik­lian are understood to speak often, but he took a central role in identifying the severity of the pandemic during late February, when most countries were still moving cautiously against the virus. At that stage, in Australia, the likelihood of mass infections was, to some, a possibility rather than a certainty.

NSW subsequently became one of the strongest advocates in national cabinet meetings of stronger lockdown measures and school closures.

Asked to confirm his role, the 40-year-old told The Weekend Australian that Atlassian, which assisted with building the COVIDSafe app, was always “willing and able” to assist the government. The company also assisted the federal government with its Whats­App messaging service bot.

“COVID-19 is one of the biggest issues that government and business have ever had to face, so we’re proud to work together and help out however we can,” he said.

On Friday, NSW eased the first of its social restrictions implemented on March 30, allowing for up to two adults to visit another household to provide “care and support”, regardless of the distance required to travel.

Additional restrictions, such as those around schools and retail trade, have also been earmarked for relaxation, with the government moving to take its first cautious steps out of its crisis phase and into a longer-term effort ­focused on recovery.

With tourism, education and other sources of revenue flattened by the pandemic, Ms Berejiklian has now turned her eye to the dorman­t manufacturing sector. She says it could provide a lifeline for the state against the dreaded and deepening budget deficits being forecast. She wants NSW to position itself during and after the crisis to become a manufacturing leader through the use of artificial intelligence and 3D printing, which would make production cheaper. There is no reason, she says, why the sector should not form the backbone of the state’s economic recovery.

“Out of these hours of darkness there are green shoots in terms of establishing new supply chains, establ­ishing new industry, and that … gives me hope about NSW.”

YONI BASHAN

STATE POLITICAL REPORTER
Yoni Bashan is The Australian's NSW political correspondent. He began his career at The Sunday Telegraph and has won multiple awards for crime writing and specialist investigations. In 2014 he was seconded on a... Read more


SEE ALSO 


In search of the College Of Law Asia : College Of Law's Asian expansion still raising questions which Australia's legal establishment refuses to answer

by Ganesh Sahathevan

Australia's College Of Law, which is part of the NSW legal establishment conducts a number of postgraduate "applied law" courses. Among them is a Mergers & Acquisitions offering. Prospective students are enticed by statements such as this, contained in a course brochure (click to enlarge): 



The College Of  Law Asia seems an elusive creature. It first popped up in Malaysia, but then disappeared. Neither the College not the NSW Legal Profession Admission Board which regulates the College's activities have had anything to say about these issues (and others) reported in Malaysia:

Key person suddenly retired during extensive query
The College of Law used to be represented in Malaysia by its Director, Peter Tritt. Tritt have been queried extensively about the LLM and about the College’s business in Malaysia but has refused to provide answers. Tritt has been based in Kuala Lumpur since 2017 but announced on Friday that he had “retired” from the College on 30 June 2019.
It is understood that Tritt has forwarded queries sent him to his head office in Sydney and hence it appears that Tritt is under orders from his Chief Executive, Neville Carter, to remain silent.
Questionable advertising claims?
In advertising on the College’s website Carter has claimed that he had established a Professional Legal Training course for Malaysian Law students seeking admission to practise in Malaysia. There seems to be no evidence of such a course, or of any national level training course for the existing Certificate of Legal Practise.
Carter has also claimed to have produced the “inaugural” Handbook in Legal Practise for Malaysia, in the late 80s. A search of the main law libraries in Malaysia directed by the Chief Registrar, Federal Court Malaysia, has not found any such handbook.
He has also claimed to have, during that time to have identified and addressed “gaps” in Malaysian legal practise, but not even those in practice during that period and since have ever heard of him. Nor are senior practitioners aware of  “gaps” that needed that to be addressed by external consultants.
As CEO of the College Carter  has ultimate responsibility for the College’s Malaysian operation headed by Tritt and variously named the “College Of Law Asia Pacific” and the “College Of Law Asia”. A search by NMT has not revealed any entities registered under those names in Malaysia or in Australia, not even a foreign entities registered to conduct business in Malaysia.
Meanwhile the College, in collaboration with the Bar Council continues to sell its LLM and other courses in Malaysia, deriving a fee income from Malaysian courses.
TO BE READ WITH


Sunday, June 21, 2020

Singapore Law Society maintains silence on MOU with Australia's College Of Law,and has removed a website about which it was queried.: SLS seems to be following the lead of Bar Council Malaysia in re College Of Law

by Ganesh Sahathevan


                                 College Of Law CEO Neville Carter & SLS President Gregory
                                                  Vijayndran SC   

As previously reported, the Singapore Law Society's confidence in its practical legal training partner, the College Of Law Australia, is not shared by participants in the Australia's market for legal education. 

The SLS's Dephine Tan has since been further questioned about an upcoming "master-class" that is to be offered by the College of Law and SLS, and presented by Raphael Tay of Malaysia, who is described as Program Director, LLM ASEAN+6 at The College of Law Asia 
Readers will note that they are reading a cached copy of the SLS website on which the "master-class" was advertised. The actual website https://www.lawsociety.org.sg/wp-content/uploads/2020/06/Brochure_eMasterclass-MnA-Webinar-PORTAL-1.pdf
seems to have been removed since questions were put last Thursday to Ms Tan and the SLS. 
It does look as the SLS is following in the footsteps of the Bar Council Malaysia, in not wanting to answer questions, and in removing websites related to work with the College Of Law.
The experience of the Bar Council Malaysia were also put to the SLS,and have also been met with stony silence. 

Saturday, July 4, 2020

Zhu Minshen's 2015 donation to Labor remains a mystery - but Attorney General NSW Mark Speakman does not see this as an obstacle to Zhu's power to decide if law grads are fit and proper for admission to practise law in Australia

by Ganesh Sahathevan


        A few other Australians can be spotted in footage of the event, which was attended by Xi Jinping and Politburo Standing Committee Member Wang Yang. Here is Zhu Minshen, who famously paid Sam Dastyari's travel bill, shaking hands with Papa Xi 4/


Image
3:59 PM · May 31, 2019·@alexjoskeChina-HK protest on Australian campuses but not at Minshen Zhu controlled campuses-Are legal profession admission rules being used (again ) to suppress complaints and protests

As reported previously, the circumstances that led to Zhu Minshen being granted a license to issue law degrees:

NSW Libs received donations of $44,275 from TOP Education Group just before & after TOP was granted the "first & only" license issued a private company to award law degrees: AG Speakman and his LPAB refuse to disclose all details in the LPAB Annual Reports

And then, the circumstances surrounding the recent renewal of that license: 


Zhu remains a part of the NSW and Australian legal establishment as a result of his "very unique" law school. He retains the power conferred by law to decide which of his graduates is fit and proper for admission to practise law in NSW, and Australia.

Meanwhile, issues such as this remain unresolved, and will continue to remain unresolved for so long as the Chairman Of the LPAB, the Chief Justice NSW Tom Bathurst and the minister in charge, the Attorney General NSW Mark Speakman maintain their silence on these issues.

TO BE READ WITH 






Sam Dastyari patron gave $2,000 for Labor candidate he has never met



By Sean Nicholls
Updated September 12, 2016 — 3.55pm

first published at 3.24pm


The businessman at the centre of the political furore over Senator Sam Dastyari wrote a cheque for $2000 to a Labor candidate at last year's state election who he has never met.

Kogarah MP Chris Minns says he has no idea how the businessman, Top Education Group chief Minshen Zhu, came to nominate his campaign on the cheque, written on March 17 last year.


The organiser of the Chinese Friends of Labor event for which donation was made, Labor MLC Ernest Wong, has previously said he has "no knowledge" of the donation.

But on Monday he said: "I suggest to members of the Chinese community that if they want to support Labor then they should do so in areas where there is a large number of Chinese people living there."


"Chinese people make up about 40 per cent of Kogarah. The cheque was never cashed."

Kogarah has the highest percentage of people of Chinese descent in Australia - a fact noted by Mr Minns in his inaugural speech a month after the cheque was written, during which he called for mandatory Mandarin lessons for NSW schoolchildren.

Senator Dastyari last week quit the opposition front bench over his declaration to parliament that at his request Top Education had paid a $1670 overspend in his office travel entitlement.

The following day Fairfax Media reported that the whereabouts of the $2000 cheque remained a mystery more than a year after it was written.

Election funding records shows the donation was for the annual Chinese Friends of Labor event held at The Eight restaurant in Sydney's Chinatown four days earlier and attended by more than 600 guests.

However, a return lodged with the NSW Electoral Commission by Top Education states: "Cheque received by ALP but hasn't been banked yet."

The cheque was never received by the party office and Top Education has declined to comment.

But Mr Minns has since revealed the cheque was received by his office.

He said it was never cashed it as it was not accompanied with a form stating that Dr Zhu and Top Education were entitled to donate to NSW election campaigns.

"When my campaign received the cheque in March 2015 it did not have the required documentation to ensure it came from an eligible donor," Mr Minns said.


"In the absence of that we decided to err on the side of caution and not process the donation."


The $2000 Top Education donation to NSW Labor that 'vanished'

However, election funding records show NSW Labor accepted a $1000 donation from Top Education on April 17 tied to a fundraiser hosted by Senator Dastyari at Sydney's Chinatown restaurant.

Senator Dastyari has said there is no link between the cheque and the payment of his travel debt.

Thursday, July 2, 2020

Chinese Communist Party was competing with the UK,US for control of Malaysia's resources even in the late 40s: Then, as is now in Malaysia & Australia, CCP relied on local Chinese businesses, clan associations, and the Chinese diaspora

by Ganesh Sahathevan


                                                          PM Scott Morrison seems ignorant
                                                          of the history of the CCP in this region



The following is an extract from a CIA report on Malaysia (then Malaya) published  in 1949, when Malaysia was still a British Colony: 



As Malaysia approached independence in 1957, the situation described above came to fruition; the Chinese dominated the economy, and remained loyal to China or at least the idea of China even as they acquired Malaysian citizenship. That led in part to racial riots in May 1969. The Malaysian Government ensured that CCP influence in Malaysia was contained, and barred Chinese companies from strategic industries, especially in banking, finance, education and both upstream and downstream oil and gas ventures.


ASIO and ASIS ought to be more than aware of the Malaysian experience, but these lessons have either been forgotten, or ignored by successive Australian governments on either side of politics. 


TO BE READ WITH 

Saturday, June 13, 2020


Subverting United Front Work Department operations in Australia: ASIO's institutional memory includes 70 years working with and learning from Malaysia's Special Branch to counter Communist Party China and United Front activities; that experience must be put to work now

by Ganesh Sahathevan




The Australian Security Intelligence Organisation (ASIO) has had a long history of  learning about and working against the Communist Party Of China and its United Front Work Department.

The following excerpts from Leon Comber's Malaya's Secret Police 1945-46 : the role of the special branch in the Malayan Emergency provide some insight into that history, and expertise:
The first Australian Army intelligence officer to attend a course at the Malayan Special Branch Training School was Captain KH Roney, Directorate, Military Intelligence, Army Headquarters, Melbourne

ASIO was founded in 1949 with responsibility for Australia's internal security. It maintained from its earliest days a fraternal relationship with the Malayan Special Branch.

 ASIO officers attending courses at the Malayan Special Branch School were accommodated at the Malayan Police Officers Mess, Venning Road, Kuala Lumpur. On completion of the course, they were attached for a week's or ten days' practical training at Federal Special Branch headquarters and subsequently spent another two or three days at a Contingent (state) or Settlement Special Branch headquarters.

It is worth noting, too, that after Malayan independence in 1957 and not long after the formation of Malaysia in 1963, the Australian Secret Intelligence Service, Australia's external intelligence service, opened a station in Kuala Lumpur on 14 February 1964, which soon established close links with the Malaysian Special Branch.2  It was later to credit the Malaysian Special Branch as being 'the most efficient internal security service in Asia'.

China, the Communist Party Of China (CPC)  and its local operatives which include the United Front Works Department and its predecessors, both in form and in substance, has been the primary preoccupation of the SB from its inception. Working with the SB (and other lesser known but equally lethal organisations in Malaysia) ASIO and ASIS would have over the years gained much insight into the methods of the CPC.

As Comber explains in his book, Sir Gerard Templer who led the fight against the  CPC's Malaysian affiliates , had an overarching role in organising the intelligence capabilities of a number of Commonwealth countries in this region. The common heritage would have (and has in fact) ensured a deep knowledge among Australian intelligence officers of CPC operations in Malaysia, which are now becoming more obvious in Australia.

ASIO and ASIS  should therefore have an institutional memory of CPC methods which ought to have been  drawn on to subvert CPC and United Front operations in Australia.  Despite that expertise successive Australian Governments and their security advisers seem lost in their dealings with the CPC and its operatives.

Why that expertise has not been relied on needs explanation and  PM Scott Morrison and his Minister For Home Affairs Peter Dutton ought to request an urgent briefing from the head of ASIO, Mike Burgess.

END



Lee Kuan Yew warned in '59 about the danger of China controlled universities becoming symbols of Chinese dominance: Lessons from the region ignored in granting Zhu Minshen that license to operate his "very unique" Australian law school


by Ganesh Sahathevan


                          Ambassador Cheng Jingye Pays an Official Visit to the State of New 
                          South Wales   (2016/08/16)


In a speech delivered in October 1959 Singapore's Lee Kuan Yew warned that the China funded Nanyang University must not "symbolise an outpost in (South East Asia) of Chinese dominance".

In time Lee ensured that Nanyang was merged into Singapore University to form the National University Of Singapore.  China was never allowed to fund another university or school in Singapore. Malaysia also enforced a similar policy for the same reasons, until  recently, when former prime minister Najib Razak reversed long standing policy.

Lee warned that a resurgent China was "becoming an object of apprehension among the peoples of South East Asia", and could immediately see that China would use universities  and other educational institutions to assert dominance by influencing local Chinese populations.

In Australia on the other hand an in particular the State of New South Wales, these lessons have been forgotten, particularly  in the matter of the CCP linked Zhu Minshen and his "very unique" Australian  law school.

The danger of CCP infiltration via the legal system has been ignored despite Australian troops fighting China backed communist terrorists in Malaysia during the 1948-1960 Emergency, and despite ASIO and ASIS' work with Malaysian and Singaporean intelligence over s period of more than 50 years.

In fact, it does appear as if the regulator, the NSW Legal Profession Admission Board, which is chaired by the Chief Justice Of NSW Tom Bathurst, cared less even for  Zhu's defiance of the law, and his involvement in a local political donation scandal,  when it decided to issue and then renew Zhu licence to operate his "very unique" law school, the Sydney City School Of Law, which is owned via Zhu's Top Education Group.



END

My law school is also very unique: Zhu Minshen happy to brag about what NSW LPAB ,chaired by NSW Chief Justice Bathurst prefer be kept quiet ;  Bathurst has placed himself at the centre of a security issue , must stand down immediately and allow investigation by ASIO, AFP. 

Ganesh Sahathevan




As Chief Justice Tom Bathurst has been intent on pursuing a social 
and political agenda. In doing so he has walked into a matter
of national security


The decision of the New South Wales Legal Profession Admission Board (NSW LPAB) to grant Zhu Minshen and his Top Education Group Ltd their  "one and only" license to award law degrees continues to draw attention even if the NSW LPAB would rather the matter be kept quiet. As reported by  this writer, a recent decision of the Commonwealth Attorney General Christian Porter has implications for the NSW LPAB, and its chairman , the Chief Justice Of NSW Tom Bathurst: 




Zhu's Communist Party China links are a matter of public record and have been well documented by academic Geoff Wade . The documents he has provided show that  the NSW LPAB and  Chief Justice Bathurst in making an exception in the case of Zhu and his Top Group,  granted a member of the Communist Party China establishment the right to produce  the next generation of Australia's judicial officers (Lawyers admitted to practise law in Australia are officers of the court to which they are admitted



While the NSW LPAB has avoided saying much( if anything at all)about Zhu and Top Group despite a legal requirement to do so in its annual reports,  Zhu himself has been happy to advertise the special treatment accorded him by NSW LPAB, the Law Council Australia, and Chief Justice Bathurst. As he put it while speaking to investors in China: 



The NSW LPAB and its Chairman ,Chief Justice Tom Bathurst, with the apparent backing of the Law Council Australia  , have placed themselves at the centre of a matter of national security. The matter needs to be fully investigated by ASIO and the AFP, among others, and that can only be done properly if the Chief Justice steps down immediately. 


END