The International Monetary Fund is Extorting Ukraine with U.S. Tax Dollars

Discussion in 'Political Opinions & Beliefs' started by ArchStanton, Oct 31, 2019.

  1. ArchStanton

    ArchStanton Banned

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    I can't believe Dems aren't all over this....what's up? The IMF is doing exactly what you guys claimed Trump did (but actually didn't). I expected REEE REEE REEE out of Dems but all I hear is crickets.

    https://www.wsj.com/articles/ukraine-corruption-concerns-stall-imf-bailout-11572535061

    "The IMF told President Volodymyr Zelensky he must aggressively pursue the missing money to deliver on his vow to clean up a financial system sapped by fraud, money laundering and theft.

    Among Kyiv's challenges in winning IMF approval is Ihor Kolomoisky, a tycoon and supporter of Mr. Zelensky who is under investigation in the U.S. Mr. Kolomoisky and another businessman each held 45% stakes in Ukraine's largest financial institution, PrivatBank, until it was nationalized in 2016 by government officials who said it was necessary to avert a financial-system meltdown.

    Ukraine's central bank governor that year said PrivatBank had a $5.6 billion hole in its balance sheet when it was seized.

    The IMF is holding up the next set of loans until it is convinced Mr. Zelensky's government will aggressively try to recoup an estimated $15 billion stolen from more than 100 banks, including PrivatBank, over the past decade."
     
    Last edited: Oct 31, 2019

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