Sonntag, 14. Februar 2016

Die von der Kosovo Mafia kontrollierte NGO: KEP versenckte 500.000 Euro, fuer eine nicht erhaltene Bank Lizenz

Es gibt seit praktisch 20 Jahren Kosovo kontrollierte Verbrecher Organisationen, wie Phantom "Mutter Theresa" NGOs, welche nur der Geldwaesche dienen und der Finanzierung des Terrorismus, Drogen, Waffen, Menschen Schmuggler Geschaefte. Die Verbrecherin Victory Nuland kommt nach Tirana, John Kerry ist gerade dort, die Strassen sind alle gesperrt um das Albanische Volk am Sonntag zu terrorisieren.

Heute in Tirana: Fotos

Erinnert an die Familie Bushati, die einmal Vatican Vertraute waren, denn auch diese Banditen berufen sich auf den Vatikan.

International Catholic Migration Commission, ICMC

12 Feb 16

Kosovo NGO Lost €0.5m in Failed Bid to Become a Bank
A charitable, Kosovan microfinance lender spent 500,000 euros on consultancy and IT fees in its failed attempt to convert to a bank.
Nektar Zogjiani, Lawrence Marzouk
KEP building in Pristina
Photo by: BIRN/Atdhe Mulla
The Kosovo Enterprise Program, KEP, a not-for-profit organisation that provides loans to the poor, spent 500,000 euros of charity funds on consultants and software in its ill-fated attempt to become a bank.
The KEP Trust, Kosovo’s largest microfinance institution, MFI, was a lead member of a lobbyist group that campaigned for the government to introduce legislation allowing it and its peers to switch from being NGOs to privately owned companies.
As a non-governmental organisation, KEP, and other MFIs, are required to reinvest any income generated back into charitable work.
KEP was created in September 1999 in the aftermath of the Kosovo conflict to “promote marginalised groups and the disadvantaged population”.
Founded by the International Catholic Migration Commission, ICMC, a large Swiss charity, and the little-known Prizren Business club, KEP provides small loans to individuals and businesses who would struggle to secure financing from traditional banks.
In 2008, KEP, which was sitting on large amounts of capital it had accumulated through lending, decided to press the Kosovo government, embassies and financial institutions for new legislation. This would have allowed it, and other MFIs, to transform into for-profit financial institutions – such as a bank – owned by shareholders.
In preparation for the expected change, KEP went as far as creating an elaborate network of companies, including KEP Bank, which was owned by KEP Trust through a company, KEP Holding, in the notorious, US offshore jurisdiction of Delaware.
Following the change in law, the NGO’s loan book could have been sold to the newly created KEP Bank, which would have been partly owned by KEP Trust and a new, private investor.
However, according to the Central Bank of Kosovo, CBK, the naming of the company as KEP Bank breached two UNMIK regulations that were adopted in the post-conflict period when Kosovo was run by the United Nations mission.
The first regulation states that no company can use the term ‘bank’ without a licence from the CBK and the second bans all micro-credit financial institutions from using the word.
KEP building in Pristina
Photo by: BIRN/Atdhe Mulla
KEP also ended up wasting 0.5m euros on consultancy fees and a new, banking software system after it was forced to drop its ambitious plans to convert to ‘for profit’ status, according to internal company audits.
Eventually an administrator from the CBK was appointed to manage KEP in 2011, as part of a wider attempt to ensure effective management and prevent further damage to the NGO’s finances. Plans to convert to a bank were put on hold at this point.
When a new law - the Law on Banks, Microfinance Institutions and Non-Bank Financial Institutions – was eventually passed in April 2012 in favour of MFIs converting to profit-making institutions, other NGOs appealed to the Constitutional Court, which then blocked the legislation, deeming it “unconstitutional”.
- See more at:

Nuland to Visit Albania for Bilateral Discussions

Stavros Markos um SManalysis - vor 2 Tagen
[image: Assistant Secretary of State Victoria Nuland in Kiev] 01:29 11.02.2016 Link Victoria Nuland will travel to Poland, Germany and Albania on February 10-14, where she will hold series of bilateral meetings. [image: Victoria Nuland and Geoffrey R. Pyatt at the Maidan Square in Kiev] © Sputnik/ Petr Zadorozhny WASHINGTON (Sputnik) — US Assistant Secretary of State Victoria Nuland will travel to Poland, Germany and Albania on February 10-14, where she will hold series of bilateral meetings and attend a security conference, US Department of State said in a press release. "On February... mehr »

Keine Kommentare:

Kommentar veröffentlichen