Issue 09



MENA                                                                                                                                     ALGERIA




UBS GIVING UP ON MENA INVESTMENT BANKING! reports: “Internal reshuffles at UBS in the Middle East suggest that the bank may be moving away from investment banking in the region and shifting its attention to wealth management…. The Swiss bank (UBS) is lagging its investment banking competitors in the Middle East. … Headcount has remained relatively flat at UBS in the MENA region. … UBS declined to comment.” VI1-1            



Bloomberg reports: “ ‘In 2014, as we introduced our new strategy and we were still building our track-record in the region, many people had written us off,’ Alberto Palombi, the bank’s head of Middle East and North Africa investment banking said in a telephone interview. ‘Now the results show this is working.’ That strategy involves a focus on fewer clients and using lending more selectively, Palombi said. The more limited focus and balance sheet reduces the potential for conflicts and the incentive to cross-sell products, he said. Deal making has accelerated in the region as countries and companies look for ways to diversify their investments away from oil.”  VI1-2


CLINTONS GO AFTER MENA CASH BETWEEN HILLARY AS OBAMA SECRETARY OF STATE AND PRESIDENTIAL RUN. reports: “the Clintons had gone back to many of these Middle Eastern countries — the United Arab Emirates, Saudi Arabia and others, Qatar — that would have raised some questions. So, in other words, in this interregnum in between when she was at the State Department and when she ran for — announced her run for president, they ended up going back to the very countries that some people had raised a lot of questions about. And there are many who have raised questions about raising money from these governments and many of these sheikhs in Saudi Arabia and others in countries that have very questionable human rights and certainly don’t have equal rights for women.” VI1-3




UBS LOOSES IN MENA BY ALLEGEDLY CHEATING AL-SABAH SHEIK. reports: “The Swiss bank (UBS) is fighting a claim that it failed to pay a local sheikh for helping it secure the $10.7 billion sale of the African subsidiary of part state-owned telecom operator Zain. UBS denies that it entered into any contract with the sheikh. … Sheikh Meshal Jarah al-Sabah, a former head of Kuwaiti state security and member of the royal family, says he had a verbal agreement that UBS would pay him between 0.1 to 0.2 percent of the total sale value. … The sheikh ultimately ended up as an adviser to an unnamed Russian telecom firm, understood to be Vimpelcom, on its operations in Algeria – a recommendation he claims was made by UBS shortly after the verbal agreement. It is impossible to say what impact the public spat will have on UBS’ business. In a region where ruling families control big deals, where blood ties often trump all other considerations, and where business is scarce, falling out with a sheikh of any stature is always a risk.” VI2-1




Egypt President Hosni Mubarak First Family


Washington Post reports: “Prosecutor General Abdel Meguid Mahmoud wrote in the document that Mubarak and his sons, Gamal and Alaa, may have violated laws prohibiting the “seizing of public funds and profiteering and abuse of power,” using complex business schemes to divert the assets to offshore companies and personal accounts. … More than 70 people filed charges and the prosecutor cites testimony from eight people, including lawyers and human rights advocates. One witness produced a document alleging that Mubarak in 1982 deposited 19,000 kilograms of platinum bullion worth more than $15 billion into a personal account maintained by the Swiss banking giant UBS. The document provides a 19-digit account number, but a UBS spokeswoman called the document “a forgery.” … The prosecutor’s request also cites allegations that Gamal Mubarak used his position on the Egyptian central bank’s board to withdraw 75 tons of Egyptian gold held by the U.S. Federal Reserve. While the Federal Reserve does hold gold for other nations, the deposits and withdrawals are not public, a spokeswoman said. … The document portrays Mubarak’s sons (Gamal & Alaa) as skilled businessmen who manipulated the country’s financial system, using offshore front companies to hide ill-gotten gains. It alleges that the Mubaraks “seized public monies and partnered with businessmen, investors, importers and exporters by force to realize profit without basis other than that they are the sons of the president.” The document also says the sons and their partners purchased “one of the debts of Egypt for 35% of its value and then collected the full 100% value from the Egyptian state budget.” … Other allegations came from Mamdouh Hamza, a civil engineering professor at Suez Canal University in Cairo … Hamza alleges that Gamal and Alaa Mubarak siphoned off money from the sale of public assets, using front companies in Cyprus and the Cayman Islands to hide the wealth. … Hamza gave the prosecutor details about one deal worth $84 million “with the Egyptian government through Hermes company in Egypt and transfer of 35% as commission or illegal bribes.” … In a recent interview with The Post, Hamza said he hopes the investigation recovers stolen assets. “It’s very difficult to say, but it’s billions,” he said. “My goal is to bring the money back. They have no right to take it.” VI3-1 UBS continues to surface in swindles around the World.  When caught UBS says “no comment”.  In USA swindlers lawyers say they “will neither confirm nor deny”.


Both of these men have been deviously involved with UBS.  How come Mubarak and his sons go to jail while Clinton/Bush/Obama do not?  What gives?



UK Telegraph says: “Reports emanating from Egypt claim that Mubarak had accounts with the Swiss bank UBS.” VI3-2 UBS has billions of USA dollars in their Swiss unaccounted opaque black accounts. UBS AG culture is amoral at best.  UBS is smug about their types of criminal dealings. Client assets can be received in the form of gold teeth or smell like cocaine.  UBS facilitates all.  Money is money.


Egyptian President Hosni Mubarak in prison.



Newsweek Panama Papers reports: “The leaks implicated the son of former Egyptian President Hosni Mubarak, a wealthy businessman. In May 2015, an Egyptian court sentenced him, along with his father, of embezzling millions in state funds to renovate palaces before being released in October 2015. Alaa owned a company founded in the British Virgin Islands and managed by Credit Suisse. Mossack Fonseca cut ties with the firm in April 2015 and Alaa is yet to comment on the revelations.” VI3-3  How come Egypt prosecutes its Presidents and their family members while USA Presidents like Clinton/Obama avoid prosecution and jail time? How come Chelsea Clinton and husband avoid jail time?  What gives?


Mubarak sons in prison.



Huffington Post reports: “The two sons of ousted President Hosni Mubarak have an estimated $340 million in Swiss (UBS) bank accounts, a senior Egyptian Justice Ministry official said … Mubarak’s youngest son … used his status to muscle in on profitable enterprises, taking a cut of profits without contributing to the funds invested or work done.” VI3-4 This is the same UBS criminal format used against the Gaddafi family but with a different outcome. The Mubaraks offshore UBS assets are still active. Since many of the family have been liquidated Gadaffi UBS asset remnants are under the usual UBS cloud of UBS conversion. This is a typical example of why UBS criminal schemes work to their favor, especially in Swiss rigged courts.





Politico reports: “McConnell (USA Senate) is taking out his frustrations by rejecting a popular provision that would express the Senate’s support for Israel’s economy and undercut the pro-Palestine Boycott, Divestiture and Sanctions campaign. The provision, which has bipartisan support, had been targeted for inclusion in a larger transportation bill. … Democratic senators blamed McConnell for blocking the language, which would require the Ex-Im Bank to consider whether applicants for loans oppose ‘policies and actions that are politically motivated’ and meant to inhibit ‘commercial relations specifically with citizens or residents of Israel.” … Reid was furious upon learning that the pro-Israel ‘ language was being jettisoned, people close to him said. … Republicans countered that Democrats did not raise the Israel issue this summer when the Senate took its first step toward reauthorizing Ex-Im (Export/Import Bank) and that it was too late in the game to drop in a new provision. … Sen. Barbara Boxer (D-Calif.), a lead negotiator on the highway bill that includes the Ex-Im component, said she tried to insert language hitting BDS in the bill as a standalone measure and not as part of Ex-Im to try to skirt the controversy, to no avail.” VI4-1  Reliable Washington source confirmed a past article noting that Israel and USA intelligence are privy to peruse Swiss international bank accounts. This has given these two nations a competitive advantage over all other nations. It is unknown what the Swiss banks get in return. The substantiated article was said to have been soon purged.



Haaretz reports: “ 28 Israelis arrested so far over undisclosed’ UBS Bank Accounts  — UBS spokesman says the Swiss bank and its Israel office are not part of the investigation, which the Tax Authority says involves millions of euros.”  VI4-2  It is well known that Israel has high taxes.  It is further known UBS solicits Israelis for their perfection experience of hidden asset accounts.  It is unknown if UBS gives baksheesh to any Israeli political operatives.





UBS office in Kuwait

UBS ALLEGEDLY CHEATS  KUWAITI MINISTER OF INTERIOR MESHAL AL SABAH OUT OF BUSINESS COMMISSION! reports: ” Kuwaiti shaikh is seeking $21.4 million (Dh78.6 million) in allegedly unpaid fees from Swiss investment bank UBS AG after he lobbied to make the bank lead adviser on one of the largest Middle Eastern acquisition deals in recent years, according to claims in Dubai International Financial Centre court filings.  Shaikh Mesha’al Jarah Al Sabah, who the documents say was assistant undersecretary in Kuwait’s Ministry of Interior in charge of state security … is suing UBS’s DIFC branch claiming he was not paid for helping the bank secure a mandate for the sale in 2010 of the African assets of Kuwait’s Mobile Telecommunications Co, better known as Zain.  UBS was ultimately paid around $60 million for its work as an adviser to Zain, according to a statement of claim posted on the courts’ website. The deal saw Zain Africa sold to India’s Bharti Airtel for an enterprise value of $10.7 billion in June 2010. UBS said Shaikh Mesha’al’s claim was without merit. “UBS takes note of the claim,” the bank said in a statement. “UBS remains of the view that this claim is without merit and will therefore defend itself against any such allegations.” … A meeting was allegedly held on that date between the shaikh and two UBS executives, during which UBS said it “required assistance from [Shaikh Mesha’al] in order to be appointed by Zain and act as its investment banking adviser in the sale of Zain Africa,” the shaikh’s claim alleges. … A meeting was allegedly held on that date between the shaikh and two UBS executives, during which UBS said it “required assistance from [Shaikh Mesha’al] in order to be appointed by Zain and act as its investment banking adviser in the sale of Zain Africa,” the shaikh’s claim alleges.” VI5-1  Shaikh Mesha’al al Sabah is a member of the Kuwait ruling family and thus a man of great influence. Ministers of Interior in Middle East is in charge of state security as top cop.  UBS cheated him out of a baksheesh commission.  Revenge is highly probable in that it will not be long before UBS initiates some other scheme given their unfolding World reputation.  UBS has yet to cheat the Clinton/Bush/Obama Presidents out of their similar deferred payments laundered through speakers/consulting fees.  Time will tell.



GulfBusiness reports: “Sheikh Meshal Jarah al-Sabah, a former senior interior ministry official, is taking legal action against the Swiss bank (UBS) after they failed to pay him the allegedly agreed sum after his assistance in a $10.7 billion corporate deal.  The agreement has been denied by UBS.The deal in question was the 2010 sale of the African assets of Zain, the Kuwaiti mobile operator. …  Sheikh Meshal (al Sabah), a descendant of one of Kuwait’s early rulers, claims he and UBS came to a verbal agreement and is owed the $21.4 million. UBS has denied the agreement took place, saying that the bank only earned $22.5 million from the deal anyway.  Sheikh Meshal claims the agreement meant he would earn 0.1 per cent to 0.2 per cent from the total sale. Omar Salehi, UBS’s investment banking vice-chairman for MENA, denies the agreement.” VI5-2 It is common knowledge UBS dormant secret accounts include stolen assets from Middle East government oil receipts  siphoned off by ruling families.  UBS calls these stolen accounts “dead money” because the depositors do not want UBS to shift them causing notice.  UBS makes money shifting UBS client victim accounts in USA and elsewhere.  Gulfie ruling families are afraid citizens will attempt to repatriate the stolen assets if UBS is allowed noticeable shifting.  UBS has come up with a contemporary art scheme to launder some of this “dead money”.



DNCleaks reports: “Tony Blair (aclb) explains to David Hale and Robert Danin how he is trying to put pressure on Kuwait funneling dark money to the World bank through their DC embassy.  The latest is that Kuwait will transfer the funds to their DC account this week and then pay. I know its all roundabout but for reasons I won’t go into, – to do with their internal chaos – they’re bending some budget rules to do this. I’m doing all I can to hasten. They also don’t want publicity over it. By the way one part of our new plan should be an actual agreement with Arabs that they will pay more and sooner!  Kuwaiti money en route but taking time, going to their embassy in dc and thrn world bank, for political reasons. She asked if we can get them to send directly. We’ll try our channels but thought you might be able to help,too.” VI5-3 This  email reveals  how these men operate without fear of criminal prosecution.  There are similar emails regarding UBS!  It is baffling why Blair does not start a secret Blair Prime Minister  Library+ UBS Swiss offshore account where foreign entities could deposit undetected sums.  This could be modeled after the Clinton/Bush/Obama Presidential Library+ offshore account schemes.




Prime Minister Tony Blair “pandering” to  Prime Minister Moamar Qadaffi for consulting fees, for something!


Swiss media distaste for Swiss Government pandering intercession believed to be initially  related to a Gadaffi Family UBS dispute.


Times reports: “At a televised news conference on Thursday, (Swiss President) Mr Merz offered his apologies for an incident in which the Libyan President’s son, Hannibal Gaddafi, was arrested at his luxury Geneva hotel along with his wife last July on charges of mistreating his servants. Afterwards Mr Merz said that he had had no other choice but to offer the apology and took full responsibility for his words.” VI6-1  Many dictators find retrieving their UBS secret bank account contents can be difficult, if not impossible.  Zurich is the wealthiest city in the World for a reason.


OBAMA INTERCEDES FOR SWISS PRESIDENT MERZ, FOR SOMETHING! says: “Like all bullies they cower and beg when confronted by a superior Libyan Government. We have seen Mr Merz beg President Obama’s administration to subdue the Justice Department and IRS from UBS criminal prosecution. We have seen Swiss and their UBS counterpart operatives successfully bully elderly Florida senior citizens for stumbling upon a UBS criminal operation of purging UBS USA mortgage department of personnel and questionable documents while UBS was on parole from the States Justice Department. Neither US Justice nor IRS has addressed these criminal acts, yet.” VI6-2 Gaddafi was so incensed with the UBS blatant attempt at converting his family Swiss assets he sent his son Hannibal to Switzerland in an attempted rectification. Reliable Swiss sources said Hannibal got the usual internationally known UBS dubious denials which incensed him to foolishly divert his fury from UBS.



Foreign Policy reports: “Gaddafi first mentioned the idea of dismemberment during the G8 summit in Italy in July. Switzerland ‘is a world mafia and not a state’, he said, adding that it was ‘formed of an Italian community that should return to Italy, another German community that should return to Germany, and a third French community that should return to France’.” VI6-3 We congratulate Colonel Gaddafi on his insight we are attempting to portray. UBS could surely be called an integral part of the Empire of Evil.



CSS reports: “The deficiencies of coordination within the government are essentially systemic. The numerous indiscretions and the tendency to exploit the crisis for party purposes have aggravated the challenges for Swiss diplomacy.”  VI6-4 


GOLDMAN SACHS HIRES PROSTITUTES ETC TO SUCCESSFULLY BEAT UBS ET AL TO  LIBYA SOVEREIGN FUND ASSETS. reports: “Goldman Sachs bankers paid for prostitutes, private jets and five-star hotels and held business meetings on yachts to win business from a Libyan investment fund set up under Gaddafi regime … The allegations came at the start of a legal claim by the Libyan Investment Authority (LIA) for $1.2bn (£846m) from the investment bank. Lawyers for the LIA are claiming for losses on nine trades that Goldman Sachs executed for the fund … while Goldman Sachs generated ‘eyewatering’ profits of over more than $200m from the trades … The LIA argued that the case was one of of ‘abuse of trust, undue influence and unconscionable bargain’.  It added: ‘It most emphatically is not, therefore, as Goldman Sachs would have it, one of little more than ‘buyer’s remorse’ ” VI6-5





CFC (Casablanca Finance City) a refuge for billionaires!  — According to our sources, the boss of Morocco’s Office des Changes (foreign exchange board), Jaouad Hamri, has been trying — VI7-1


Palace bails out Casa Finance City  — A project dear to king Mohammed VI’s heart that aims to make Casablanca “the City of Africa,” Casablanca Finance City  VI7-2


UBS turns up under pseudonym — “The fortunes of Morocco’s richest families continue to whet the appetite of wealth management specialists.” Onyx Wealth Management will shortly open a branch in Morocco and thus become the first Swiss investment —  VI7-3  It is inventive  that UBS would attempt their dirty hands by using an assumed name to get at Morocco wealthy.  What will the UBS AG secretive Group Executive Board think of next!




The Qatar Financial Centre Regulatory Authority (QFCRA) granted authorisation to UBS AG, one of the world’s leading financial institutions to carry on Regulated Activities in the Qatar Financial Centre (QFC). UBS AG will be allocated Qatar Financial Centre Licence No 087.


WHY IS QATARS AL THANI RULING FAMILY  USING UBS OVER CREDIT SUISSE? says: “Welcoming UBS AG to the Qatar Financial Centre, QFCRA Chairman and Chief Executive Phillip Thorpe commented: ‘We are pleased to have completed the authorisation of UBS AG and to be able to welcome the company into the QFC. We are sure that UBS’s wide experience and strong credentials will bring value to the Qatari marketplace.’ ” VI8-1 It is well known in World banking circles that UBS has become a one stop service for the Qatar ruling family. Qatar sovereign wealth fund has invested heavily in UBS stocks. Qatar oligarchs have taken advantage of UBS offshore services, including secret numbered accounts. There are around 2 million citizens in Qatar so if these citizens found out what has happened to their treasury things could get ugly quickly. When the wealthy start asking for their asset accountability or start withdrawing assets, there may be another international Swiss scandal as happened in “The Libyan Affair”. Remember, Mohamar Khadaffi was found hiding in a water culvert. Mohamar’s life soon after ended with a dagger shoved up his anus.


STRANGE RELATIONSHIP BETWEEN QATARS RULING  AL THANI FAMILY WITH ZURICH BASED CREDIT SWISS & UBS. reports: “Qatar, the second-largest shareholder in the Swiss bank (sredit suisse).  … Al Thani turns 35 this year … Qatar holds a 4.9 stake in Credit Suisse.”  This probably means Credit Suisse is comfortably locked into a Qatar relationship for a very long time.” VI8-2 It is unknown if UBS & Credit Suisse secretly share al Thani family needs.  Are the al Thanis preparing to cross over? What gives?



The Moscow Times reports: “Qatar’s sovereign wealth fund has hired UBS to advise on a possible $3 billion investment in Russian state-controlled bank VTB … Qatar Holding, widely seen as an opportunistic investor, has a history of investing in large banks in need of capital. At the peak of the global financial crisis, it invested in banks such as Barclays and Credit Suisse on terms regarded as favorable to the fund.”  VI8-3 Why did the al Thani family not use Credit Suisse and appreciate  Qatar’s  stock investment price?


BACKSHEESH BRIBES AS IMPLEMENTED BY WASHINGTON. reports: “In short, when foreign governments or movements want to mobilize the U.S foreign policy establishment on their causes’ behalf, there is no shortage of Americans to whom they can turn, confident of a friendly if not enthusiastic hearing. The money they pay is not bribery. It does not create incentives. It gains access to well disposed writers and gives them the means to do what they are disposed to do. … Let us abstract from such crude influence-buying as the Qatari government’s gift of one million dollars to the Clinton Foundation on the occasion of Bill Clinton’s 65th birthday or the lucrative business connections. … U.S Qatar business council, headed by Patrick Theros, formerly the U.S ambassador to Qatar who, like other former U.S diplomats to oil-rich countries, is a living testament to the prosperity that comes from staying on the right side of a seemingly inexhaustible source of good deals. … Suffice it to say that ideas friendly to Qatari causes have no difficulty being heard in high places and that, hence, those who make U.S policy naturally regard the persons who express them as authoritative. … It remains for us to consider what this intelligently-conceived, well-financed apparatus is serving.”  VI8-4   




Saudi Arabia and its principal regional allies, Kuwait and the United Arab Emirates, boast more than a trillion dollars in cash reserves between them.  Saudi Arabian state fund has an estimated value of $2,000 billion.



Honorable prior Saudi Arabian Ambassador to USA Prince Bandar bin Sultan’s refreshingly blunt comments to the World.  Bandar was so successful bribing USA Presidents and Washington collaborators, he became the longest sitting  foreign ambassador in USA history.

New York Times reports: “Prince Bandar famously defended corruption in the kingdom (Saudi Arabia). ‘If you tell me that building this whole country, and spending $350 billion out of $400 billion, that we had misused or got corrupted with $50 billion, I’ll tell you, ‘Yes,’” he said. “But I’ll take that anytime.’ ”

“Ambassador Bandar and the government he represents continue to mock our requests for justice and fair play.” — USA Congressman Earl

“I said it serves no purpose to continue engaging in discussions about fairness of another nation’s courts after one has availed oneself of them.” — Ambassador Prince Bandar, in a letter to US Congressional House members.

“If the reputation builds that the Saudis take care of their friends when they leave office, you’d be surprised how much better friends you have who are just coming into office.” — Ambassador Prince Bandar from Saudi Arabia to USA utterances regarding Washington politicians, especially Presidents.  This mantra has been copied by other Gulfie countries as well as Swiss banks like UBS.



Newsweek reports: “According to the leaks, the King of Saudi Arabia, and its Crown Prince until the death of King Abdullah in January 2015, used two offshore companies in the British Virgin Island, Verse Development Corporation and Inrow Corporation, to take out mortgages on his plush London homes, with a total cost of $34 million.  Crown Prince Mohammad bin Naif bin Abdulaziz Al Saud  next in line to the Saudi throne, Salman’s nephew and Saudi’s current crown prince used Swiss bank UBS to buy Panamanian companies from Mossack Fonseca in order to open bank accounts.” VI9-1


A cold President Putin cold with a dazed Bandar.


SOTT  reports: “Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia’s gas contracts, if the Kremlin backs away from the Assad regime in Syria. … Prince Bandar, head of Saudi intelligence, allegedly confronted the Kremlin with a mix of inducements and threats in a bid to break the deadlock over Syria. … The talks appear to offer an alliance between the OPEC cartel and Russia, which together produce more than 40 million barrels a day of oil, 45 per cent of global output. Such a move would alter the strategic landscape. … As-Safir (Lebanese media) said Prince Bandar pledged to safeguard Russia’s naval base in Syria if the Assad regime is toppled, but he also hinted at Chechen terrorist attacks on Russia’s Winter Olympics in Sochi if there is no accord. ”I can give you a guarantee to protect the Winter Olympics next year. The Chechen groups that threaten the security of the Games are controlled by us,” he allegedly said. Prince Bandar went on to say that Chechens operating in Syria were a pressure tool that could be switched on and off. ”We use them in the face of the Syrian regime but they will have no role in Syria’s political future.” VI9-2 One can easily see the cold posture expressed by Putin while Bandar looks dazed.  The photo game is an intergral  part of diplomacy.


Prince Bandar’s successful USA Presidential patronage for something goes way back.



International Consortium of Investigative Journalists (ICIJ) reports: “Mossack Fonseca’s fingers are in Africa’s diamond trade, the international art market and other businesses that thrive on secrecy. The firm has serviced enough Middle East royalty to fill a palace. It’s helped two kings, Mohammed VI of Morocco and King Salman of Saudi Arabia, take to the sea on luxury yachts. … In all, an ICIJ analysis of the Mossack Fonseca files identified 61 family members and associates of prime ministers, presidents or kings.” VI9-3

President Obama pandering to King Salman after deferred payment agreements.


Daily Mail reports: “Former Mayor of New York Rudy Giuliani has revealed he was offered a $10million check from a Saudi prince in the wake of the 9/11 attacks as he suggested the Arab kingdom was involved in the attacks.  Giuliani, who was mayor of the city when two hijacked planes were flown into the World Trade Center towers, said he tore up the check and said the high ranking official could ‘burn it in hell’.  … The row over the secret papers dragged on as Obama met with King Salman in Saudi Arabia, but failed to bring up the alleged connections to the September 11 attacks yet again. … ‘I don’t only need to know but the American people need to know exactly what was the role of the Saudi Arabian government in the attacks.  ‘We are entitled to know who killed our loved ones and who almost killed all of us.’ … 9/11 Commission urged President Barack Obama to declassify the 28 pages of the report that allegedly link Saudi Arabia to the attacks. The hushed-up section of the report is believed to point to Saudi involvement in the 9/11 attacks, which killed nearly 3,000 people.  Obama sat down with Saudi King Salman and other high-ranking officials for hours of talks today, but did not bring up the 9/11 report, the White House confirmed.”  VI9-4 This typifies how USA Presidents  Clinton/Bush/Obama increase their deferred payments.  Obama his Saudi deferred payments on the Boston Massacre Saudi al Harbi pandering by both Obama and Michelle.  We see here Obama further increase his Saudi deferred payments by not bringing up the  hidden 28 pages o9/11 Report to King Salman and Adel Jubair.  How many millions must the Saudi Arabian sovereign wealth  fund give to these USA political operatives before the truth be known to the World?  Rudy now seasonally lives in Palm Beach, Florida and is a socially active while living near his boss President Trump.  Herb Mallard has bumped into Rudy on many occasions both as a guest at Trump’s Mar a Largo and elsewhere.



fines reports: “Saudi Arabian Public Investment Fund (PIF). The Saudi state fund has an estimated value of $2,000 billion. … country is seeking to take public parts of Saudi Arabian Oil Company (Aramco), the state-owned oil and gas corporation. Such an IPO would likely boost PIF’s assets to more than $2,000 billion. PIF was assigned as the new owner of Aramco.” VI9-5


EMBASSYOFSWITZERLAND.COM REPORTS SAUDI ROYAL FAMILY SWISS OFFSHORE ASSETS. reports: “A UBS AG reliable source Saud Royal Family of Arabia has close to a trillion USA dollars in Switzerland. A substantial part of these US dollars are in UBS AG.” VI9-6 This statement coupled with a prior statement that USA and Israeli intelligence are privy to Swiss secret account holders makes these statements together palpable. The Saud family will neither confirm nor deny the amount.The Saud family say these assets are to be used to provide escape for Saud family members. It will also go to finance the Saud families counter revolution in Arabia.



ICIJ reports: “For years, the Swiss banking giant UBS and a Panama law firm named Mossack Fonseca embraced each other in a mutually profitable relationship. UBS had customers who wanted offshore shell companies to keep their finances hidden. And Mossack Fonseca, one of the largest creators of offshore companies in the world, was happy to sell them. … Mossack Fonseca employee Dieter Buchholz argued that his firm had no idea who really owned some of the companies created for UBS customers, because the bank had withheld that information. UBS executive Patrick Küng objected, saying Mossack Fonseca was ‘in violation of the Swiss money laundering code,’ and he was “seriously” contemplating reporting the law firm to the authorities, according to emails describing the encounter. …The structures UBS created through Mossack Fonseca ranged from offshore companies controlled by Muhammad bin Nayef bin Abdulaziz Al Saud, the Crown Prince of Saudi Arabia, to companies controlled by Roberto Videira Brandão, convicted of fraud in the collapse of a Brazilian bank, and Marco Tulio Henriquez, a Venezuelan banker and fugitive charged by the U.S. Department of Justice with money laundering for drug cartels.” VI9-7


A formal President Putin with a flustered Bandar.


Syrian Free Press Network reports: “a single conversation between Prince Bandar bin Sultan and the President of the Russian Federation Vladimir Putin. … was apparently released to the Russian press and then made its rounds worldwide and gives a rare glimpse into the real conversations that take place between world leaders … Bandar attempted at first to bribe President Putin with promises of oil and gas deals, arms purchases and more, to pull Russian support for Syria. He then moved on to the threats of attacks on the Olympics by the Saudi and US’ terrorists. … ‘We are interested in developing friendly relations according to clear and strong principles. Our stance on Assad will never change. We believe that the Syrian regime is the best speaker on behalf of the Syrian people , and not those liver eaters.’ … after failing in all attempts to get President Putin to pull his support for Assad then (Bandar) responded by saying: “… there is no escape from the military option (in Syria), because it is the only currently available choice given that the political settlement ended in stalemate. We believe that the Geneva II Conference will be very difficult in light of this raging situation.” VI9-8  Bandar is now primarily residing at his French chateau after losing his Saud family power in the last restructuring.


UBS SAUDI ARABIA reports: “UBS Saudi Arabia, a subsidiary of UBS AG, is authorized and regulated by the Capital Market Authority to conduct securities business under license number 08113-37 dated 4 Rajab 1429H

UBS Saudi Arabia is owned 99.96% by UBS Saudi Arabia Holding Limited (an entity 100% owned by UBS AG), 0.01% by S.G. Securities U.K. Limited, 0.01% by S.G. Warburg and Company Limited, 0.01% by UBS A.G. and 0.01% by UBS U.K. Holding Limited. The registered address of the majority shareholder, UBS Saudi Arabia Holding Limited, is: 227 Elgin Avenue, P.O. Box 852, George Town, Grand Cayman, Cayman Islands, British West Indies. (The Cayman Islands’ tax-free status, non-disclosure and otherwise opaque operation has attracted numerous banks, companies and wealthy individuals to its shores.)

UBS Saudi Arabia is a subsidiary company of UBS AG (Switzerland). All three business groups of UBS AG carry out business in Saudi Arabia through UBS Saudi Arabia.

Investment Bank provides services to corporate and institutional clients with expert advice, innovative solutions and outstanding execution for both simple and complex transactions.

Wealth Management provides financial services to wealthy clients. It includes a full range of wealth management services from asset management to estate planning and corporate finance advice.

Asset Management provides traditional and alternative investment solutions to financial intermediaries and institutional investors.” VI9-9  As exposed generally throughout this newsletter UBS sets up World business allowing for mischief on a grand scale at the expense of the targeted country citizenry. UBS SAUDI ARABIA has a strange ownership configuration that is clearly open to widespread manipulations detrimental to average Saudi citizen victim. It is based in and administered by the British overseas territory offshore tax haven of Cayman Islands. This facilitates freedom of baksheesh (bribes) and other devious exploitations of Saudi Sovereign Wealth Fund et al. From information and belief USA Presidential Team UBS and Prime Minister Blair allegedly received baksheesh (bribes) using this conduit.



Economic Times reports: “UBS Group are among international banks managing the largest share of assets for wealthy Saudis, some of whom are being investigated as part of a government probe into alleged corruption, according to people familiar with the matter. … It’s not immediately clear what implications the investigation will have on banks and their operations in the kingdom, the people said. … Switzerland’s financial regulator Finma is in touch with some Swiss banks over their business with Saudi Arabian clients, two people with knowledge of the matter said. … Private banks don’t usually disclose the amount of assets they manage for individual clients and most assets for Saudi Arabian high-net-worth individuals are held in offshore accounts, making it difficult to quantify the amount of assets under management. Crown Prince Mohammed bin Salman’s surprising series of arrests has implicated three of the kingdom’s richest people with combined assets worth about $31 billion, according to the Bloomberg Billionaires Index.” VI9-10  UBS AG set up UBS SAUDI ARABIA home office in Cayman Islands for many off-shore tax haven reasons.



Reuters reports: “UBS (UBSG.S), the world’s biggest wealth manager, wants to increase the number of bankers targeting the Middle East notably those serving the Saudi wealth market … Simon Smiles, chief investment officer of the bank’s ultra high net worth unit, told Reuters at an investment conference in Riyadh that Saudi investors wanted to diversify their assets, which meant more demand for wealth management services. … The mood definitely appears to have improved but diversification is a natural evolution of an investment portfolio,’ Smiles said. For bankers, Saudi Arabia’s wealth market offers tremendous potential. The world’s biggest oil exporter counts the most billionaires and the richest ones among Arab countries with 10 of having a combined net worth of more than $40 billion.” VI9-11  Once there is a regime change in an unstable country the old regime rich with UBS AG accounts will find it almost impossible to get their money back from UBS due to Swiss Courts, regulators schemes.  These Swiss scams and UBS victims are noted herein.



They (UBS and Bank of America Merrill Lynch) have been frozen out by Aramco, the sources added, despite having operations in the Middle East and wanting to take part in the initial public offering, which could be the biggest in history. … The sources said the exclusion of the banks reflected a corporate culture in the region of tying advisory mandates to how much of its own money a lender is willing to commit. … The IPO is a central part of Crown Prince Mohammed bin Salman’s reform drive aimed at restructuring the kingdom’s economy and reducing its dependence on oil revenue. The government, which aims to float up to 5 percent of the company, says Aramco is worth $2 trillion.”  VI9-12  Let us be reminded a dual Merrill Lynch  salesman allegedly worked with UBS AG on the Eunice Gardiner, Palm Beach successful swindle (see issue 4).





Newsweek reports: “Khalifa bin Zayed bin Sultan Al Nahyan …  President of the United Arab Emirates (UAE) used some 30 companies created in the British Virgin Islands by Mossack Fonseca to purchase properties across the world. He built himself a palace in the Seychelles, the world’s biggest yacht and donated millions to medical research in the U.S.” VI10-1  


Abu Dhabi Investment Council (ADIC), another of the region’s state funds.