Kenneth Rijock

Kenneth Rijock

Sunday, May 21, 2017

IS CHINA USING BOGUS CRIMINAL CHARGES AGAINST ST KITTS CBI PASSPORT HOLDER TO INFLUENCE CHANGE OF NATIONAL RECOGNITION ?



Domestic tranquility in St Kitts & Nevis is under siege, as Opposition leaders have charged the current government with preventing an alleged financial criminal from being extradited to China, where he is wanted in connection with $100m fraud. Ren Biao, a Chinese national who holds a St Kitts passport, is being sought by the PRC, on multiple counts, all revolving around obtaining large loans, from financial institutions, through fraud.

A closer look, however, reveals that the case may be political in nature, due to the close relationships that Ren had with a number of prominent businessmen, and government figures, who were involved, directly or indirectly, in corruption, and some of whom have been arrested, by Chinese authorities.  The country's complex anti-corruption campaign has resulted in serious criminal charges filed against wealthy businessmen whose only crime was their alliance with governmental figures who have fallen from political favor, or who accepted bribes or kickbacks. Ren may, to be honest, be a minor offender, but was his criminal stature inflated, to give China a legal sword, to attack St Kitts with ?

There is also another issue; if Ren is a casualty of China's political infighting, he may have been made into a useful tool, through which the PRC intimidates SKN sufficiently to attain recognition, in the place of the Republic of China - Taiwan. Given China's expansionist policies, towards obtaining recognition throughout the East Caribbean, it is logical that the fact that Ren has a St Kitts passport, and was living there, after fleeing China, made him a prime subject for Chinese manipulation.

One more item: Kittitians are further inflamed by the news, curiously reported by China, that Ren asked for $190,000, from a third party, to allow him to continue to maintain refuge in St Kitts ? Was this an untrue statement, meant to further pressure St Kitts ? We cannot says, but the case requires a full, and fair, investigation, to determine what the truth really is.





 

DOMINICAN DIPLOMATIC PASSPORT HOLDERS CONTINUE TO POSE A CLEAR AND PRESENT DANGER



To understand why there is so much controversy, regarding the issuance of diplomatic passports, by officials in the Commonwealth of Dominica, to known criminals, take a quick look at the above illustration. Note the fact that all of those pictured are arrested, save the Prime Minister. Given that one diplomatic passport has the serial number 000425, there may literally be hundreds of dodgy foreign nationals running around with those illegally-issued documents, which generally are respected at ports of entry, by customs and immigration officers, allowing the holders to bring in contraband, of all types, with impunity.

How would you like if a career criminal brought one of these items into your country:
(1) A vial containing the Bubonic Plague.
(2) Stolen plans for the Cruise Missile.
(3) Millions of dollars in US Bearer Bonds, or uncut conflict diamonds.
(4) The disassembled components of a man-portable nuclear weapon.

Unless the holder can prove that he or she is a native-born Dominican, and an actual, functioning diplomat, the presenters of ALL Dominican diplomatic passports should be refused entry at Immigration, for all purposes, and their applications to open bank accounts, anywhere, declined by compliance.


Thursday, May 18, 2017

DOMINICA MINISTER OF JUSTICE SEEKS TO CRIMINALIZE FREE SPEECH ON SOCIAL MEDIA

Big Brother ?
  Rayburn Blackmoor, the Minister of Justice and National Security in the Commonwealth of Dominica, in a public interview this week, stated that he wants laws enacted that would impose criminal penalties upon the exercise of free speech, on social media. Using the loaded terms, like "malicious intent," and "to create social mischief, " words which sound like DoubleSpeak from George Orwell's classic 1984, Minister Blackmoor intends to see legislation passed that would effectively bar the Opposition parties from spreading the uncensored news of Dominica among their members.

Given the obvious influence of Dominica's Chinese advisors, in both police and internal security matters, one can only assume that the PRG policy on suppressing lawful dissent, and peaceful protest, as well as its harsh treatment of democratic postings made by social media users, is now to be the official policy in Dominica. When peaceful assembly of a couple of vocal citizens, or statements they make on social media, become unlawful, democracy wilts and dies.

One final note: remember our earlier article, detailing that fact that the Government of Dominica, as soon as the political situation began to deteriorate, brought in not only electronic surveillance cameras, but email and telephone eavesdropping capability; Big Brother is indeed watching you.  



Welcome to  Dominica, which is either the Western hemisphere's newest kleptocracy, or the new Cuba; you decide which label is appropriate. 


CAYMAN ISLANDS BENEFICIAL OWNERSHIP PLATFORM HAS DISTURBING DEFECT


If you have been reading the details of the upcoming Beneficial Ownership Platform that the Cayman Islands Ministry of Financial Services plans to implement shortly, you may have seen that there is a flaw, built into the program, which money launderers, and other financial criminals, can literally drive a truck through, defeating the purpose for which the platform was intended, and all to the loss of law enforcement.

The financial services providers, who are to deliver the ownership records, of corporations they form, to the regulator, are only required to do do once a month. This leaves a window, of up to 30 days, during which financial criminals can take their newly formed Cayman corporation, use it to commit money laundering, or some other offense, and collapse their illicit venture, all before the details of ownership are ever made available to the regulator, and thus, to any inquiring law enforcement agency.

I would have thought that someone would have seen this as a potentially fatal flaw; daily input of beneficial ownership data must be uploaded to the regulator, of the new program is to be effective, and nothing less will be sufficient. Bank compliance officers in Europe, and North America, consider yourself duly warned.

Of course, considering that many Cayman Islands financial service providers give their clients a sandwich, consisting of a BVI, not Cayman, company, which is totally opaque,  and also owned by a Belize or other trust, the Cayman program is much ado about nothing. Inventive corporate formation firms will always be several steps ahead of any regulatory program that does not take into account international, and multiple, steps and actions, regarding corporate services.

Wednesday, May 17, 2017

DOMINICA LEGALIZES BALLOT-BOX STUFFING BY PAID-OFF EXPATS




Every time elections approach, in the Commonwealth of Dominica, corruption rears its angry head. back in 2009, the incumbent Dominican Labour Party chartered a Boeing 737, and an Airbus, to fly in expats, from all over the United States, before national elections. The cost was approximately USD$400,000, and where the party got the money to pay for those airliners was never disclosed, but it is suspected that it was diverted from income from the Citizenship by Investment program.

Now, in 2017, with another election on the horizon, the ruling party, which controls the national Parliament, the House of Assembly, is said to be relying upon an amendment to the Elections Law, specifically Section 57B, which specifically provides that transporting Dominicans into the country, for the purposes of an election "does not constitute an offence." It appears that the next election will be business as usual, but now election bribery is legal in Dominica.

CHINA SEEKS TO EXPAND ITS SPHERE OF INFLUENCE IN THE EAST CARIBBEAN BY INFLUENCING ST KITTS TO WITHDRAW DIPLOMATIC RECOGNITION TO TAIWAN




The Peoples' Republic of China (PRC), as part of its expanding global reach program, is seeking to convince the Government of St Kitts & Nevis to withdraw its present diplomatic recognition of the Republic of China (Taiwan), so that the PRC can then itself be recognized by St Kitts. This step would allow the PRC to open an embassy in Basseterre, the Kittitian capital, and gain another important foothold in the East Caribbean.

Given that there is presently virtually no tourism between the two nations, nor any international trade of note, a new Chinese Embassy in St Kitts could serve as a center for the gathering of intelligence; a listening post in the northern section of the East Caribbean, close to United States territories, and military & naval facilities in the region. China already has built a large embassy in Roseau, the capital of the Commonwealth of Dominica, another country with which it has virtually no financial intercourse, and which is believed to serve as an electronic listening post, and station for human intelligence agents, strategically located in the central portion of the East Caribbean.  The Chinese Embassy in Grenada most likely completes China's electronic monitoring coverage of the southernmost section of the region.

China appears to be serious about influencing St Kitts. Reports from Europe indicate that a private British firm, whose staff has experience in the field of intelligence, is allegedly seeking to obtain a contract with the PRC, for the purpose of persuading St Kitts officials that recognition of the PRC is in their best interests.

If you are wondering which way St Kitts is tilting, regarding recognition of China, note that it sent representatives to the PRC recently, to attend a conference on economic citizenship, and market the country's Citizenship by Investment (CBI) program, to wealthy Chinese investors.

 

IS WHITE PAPER PROPOSING THE ELIMINATION OF HIGH VALUE NOTES FLAWED ?




There has been a lot of attention paid of late to a whitepaper, published last year, entitled Making it Harder for the Bad Guys: The case for Eliminating High Denomination Notes, by the Mossavar-Rahmani Center, at the Harvard Kennedy School. In my personal experience, eliminating large bills from circulation will only result in money launderers accessing alternative means of successfully moving the proceeds of crime, but I recommend that you review the article, before making your own decision on the subject.

The article can be found here.