Albanische Taliban Zerstörung: EU finanziert: Gefälschte Baugenehmigung und Korruption: Pompei shqiptar që u gropos me dashje

Sokrate Mane, direkte Berisha, Fatos Nano, Edi Rama, Financier, und immer dabei Vangjush Dako. Gefälsche Grundstücks Urkunden, auch mit Agim Hoxha in der Currilla und schon vor 15 Jahren aktiv dabei im Super Grundstücks Skandal rund um „Vasil Hila“ inklusive Anzeigen des Präfekt Genc Alizoti.

Justiz unerwünscht

Im Bau, eines der korruptesten und kriminellsten Bauten in Albanien direkt auf einem Öffentlichen – Zentralen Platz in Durres, auf einem Römischen Antiken Dorf und in der Bau Verbots Zone B – A ebenso. Lt. eigener Auskunft in 2016, ist Sokrate Mane heute Haupt Besitzer des illegalen Bauen, wo mehrfach der Bauherr wechselte, Haupt Importeur für Zollfreie Waren, welche er über die Strassenhändler vertreibt und alle Behörden sind langfristig gut geschmiert. Ein System was 20 Jahre in Funktion ist.


EU, Weltbank finanziert, weil man gemeinsam hohe Millionen Summen stiehlt rund um extreme Geldwäsche Systeme und Berufs Betrüger.

Abholzung des Waldstückes, durch die Gangster, obwohl es in Privat Besitz der Touristik Zone nach Gesetz 7665 Priorty Touristik Zone ist. Klientel Politik pure

Die Wasser Behörde von Durres holzt die letzten Bäume dort ab vor wenigen Jahren im Auftrage der Regierungs Mafia mit Ourel Bykylbashi, Salih Berisha, Agim Hoxha im Bezirksrat von Durres
Die Wasser Behörde von Durres holzt die letzten Bäume dort ab vor wenigen Jahren im Auftrage der Regierungs Mafia mit Ourel Bykylbashi, Salih Berisha, Agim Hoxha im Bezirksrat von Durres
Geldwäsche Systeme der einfachsten Art, denn Sokrat Mane taucht in einem Dokument der Praefektur Durres auf 18.10.2010 Prot. Nr. 598, das er von der Mafia Forst Behoerde des Fatmir Mediu (140 Millionen Euro der EU verschwanden spurlos) 540 qm Wald und Küsten Grundstueck in der Currilla Durres erhielt, was dann zur Geldwaesche, verkauft wird. Alle illegal, ein Durres Alt-Mafia Modell. (weitere Personen: Salih Ahmet Hoxha (Agim Hoxha), Nikolla Zef Felaj, Jozef Tedeskim der Shiak Mafia des verhafteten Dash Gjoka. Rechtlich ungültig, da in einer Zone Touristik, nach Gesdetz 7665.
Das Durres Rathaus ist mit 30 % vorbestraften Kriminellen besetzt, der Rest sind Familien Mitglieder, die sich eingekauft haben. Finanziert durch kriminelle Kreise der Weltbank, EBRD Bank usw..

Digital Camera
Sokratie Mane - Durres
Sokratie Mane – Durres

Der Verbrecher Bau im Bau, damals noch mit ei

 

Pompei shqiptar që u gropos me dashje

 

Pompei shqiptar që u gropos me dashje

Der südliche Bau auf dem Antiken Dorf, Platz 1. Mai ist direkt durch die Vangjush Dako Mafia Familie, als Geldwäsche Projekt. Die anderen Teile sind im Besitz rund um Argita Bersiha, der Berisha Verbrecher Familie: Langzeit finanziert durch die CDU, KAS und den anderen verrückten Geschäftemachern aus Deutschland.
Bulevardi Dzrrah – Post, Durres Mafia construction Vangjush DakoBulevardi Dzrrah – Post, Durres: auf dem Betonierten Römischen Dorf: Inhaber Vangjush Dako, ohne Baugenehmigung wie in den Artikeln dokumentiert ist: daneben Berisha Klientel mit dem zentralen Bau mit mind. 7 StockwerkenHaupt Hintermann ist: wie immer ein Verbrecher rund um die Justiz und Berisha Banden, der zugleich Geldwaesche Partner von Vangjush Dako ist. Hinter einem Berg von Phantom Firmen, werden die echten Mafiosi im Langzeit Betrieb des Vangjush Dako versteckt und korrupter Adinstrativer.
24198 Mane Sokrat Aleksander Goga DurrësEine Gruppe von Langzeit Verbrechern, welche seit 15 Jahren im Raum Durres in viele Skandale verwickelt sind. Hier die Verbrecher Gruppe des Anwaltes Agim Hoxha, eine traditionelle Drogen Verbrecher Familie u.a. mit Sali Ahmet Hoxha, Sokrat Mane, Nikolla Zef Felaj, Jozef Tedeskini! Die Verbrecher Familie aus Tirana: Ilir Cepani, rodete mit Bulldozer ebenso diesen Platz im Schnellgang in 2007, und Nichts darf dort verkauft werden, durch Gerichts Beschluss ebenso.

Nach den Skandalen unter der Ilir Meta Regierung u.a. am Antiken Tempel von Durres, gab es unter den Mafia Minister des MTKRS: Yilla Pango und Ferdinand Xhaferrie, nochmal 179 illegale Bauten in den Antiken Zonen, durch gefälschte Dokumente, oft mit Duldung, oder gar mit Unterschrift von Ferdinand Xhaferrie, der sich selbst als noch primitiver als Talibans selbst damit ein Denkmal in Durres gesetzt hat. Partner des US Mafia Senators Eliot Engel. Viele Fragen an EU Botschaften, warum man das nicht stoppte, aber Konferenzen aktiv mit dem Verbrecher veranstaltete, u.a. die KAS im Oktober 2010. Apollon Bace, ein kriminelles Enterprise. General Direktor Klodian Pajuni, ein Vertreter der Durres Idioten Mafia, welche generell Alles zerstört., für den Verkauf von Beton und Beteiligungen. Proteste der Einwohner und Experten, wurden durch die Ortsfremden PD Banden ignoriert. Das Ministerium des Langzeit Betruges: MTKRS, wobei Ferdinand Xhaferrie eine Sonder Note erhält, weil er jede Taliban und Vandalen Zerstörung vor allem in Durres übertraf.

Haupt Verantwortliche für das einmalige Mafia Desaster im Taliban Stile in Albanien: Die Parnter der ausl. Politiker, wie die KAS mit ihrem Super Gangster Ferdinand Xhaferie, dessen Website nicht einmal eine Funktion mehr hat.

Albanische Minister (MTKRS), schlimmer wie die Taliban! Geben illegale Papiere, für eine Finanzierung eines Kommunal Wahlkampfes durch die Top Mafia des Fatmir Valoti (US Faschistische Partei PDUI). Partner des Gangster US Senator Eliot Engel, was normal ist bei den Amerikanischen Politikern, wenn man gut schmiert

FEATURE/

Durrësi 3000-vjeçar është ndër qytetet shqiptare ku trashëgimia kulturore nuk është ruajtur por shkatërruar. Rasti më flagrant është betonizimi i zbulimeve arkeologjike në zonën e ish-lulishtes “1 Maji”.

E. Sh. është një prej arkeologëve që e cilësojnë si masakër ndaj arkeologjisë atë që ka ndodhur në Durrës. “Rrënojat arkeologjike të zbuluara duhet të ruheshin të paprekura dhe zgjidhja do të ishte duke i shpronësuar pronarët e truallit ose të ndërtohej pa i prekur këto gjetje”, tregon E. Sh.

“Aksioni” i shkatërrimit të objekteve arkeologjike të gjetura pas gërmimit për ndërtimin e një kompleksi pallatesh, filloi në vitin 2010.

Nga gërmimet për hapjen e themeleve të pallateve, u konstatuan disa gjetje arkelologjike, si: Varreza mesjetare, një monument që mund t’i përkiste antikitetit të vonë (mund të ishte bazilikë), një lagje romake me tre rrugë, si dhe gjetje të tjera.

Ngritja e themeleve të pallateve mbi rrënojat arkeologjike nuk është një praktikë e panjohur në Shqipëri. Në Durrës këtë e tregon dhe numri prej 179 pallatesh të ngritura mbi këto rrënoja. Në 25 vite kjo ka ndodhur me “bekimin” e Këshillit Rregullues të Territorit (KRRT) të Bashkisë Durrës, e cila ka dhënë lejet e ndërtimit.

Leja e ndërtimit të pallateve u dha mbi një zonë lulishte, ku në vitin 1941 është gjetur thesari më i madh arkeologjik i zbuluar në Shqipëri, prej 4000 monedhash argjendi. Kjo ishte vetëm maja e ajzbergut. Pas zbulimit të rrënojave, gërmimet u menaxhuan nga Këshilli Kombëtar i Arkeologjisë (KKA) dhe nga Agjencia e Shërbimit Arkeologjik (ASHA), pranë Ministrisë së Kulturës.

Gjithçka filloi me vendimin e KKA-së, që  i orientoi punimet si gërmim-shpëtimi, e cila është një procedurë gërmimi e përshpejtuar dhe një nga rastet kur kryhet është kur gjetjet kanë dalë si pasojë e gërmimeve për ndërtime.  Gërmimet zgjatën 6 muaj dhe u kryen nga një firmë private arkeologjike.  Çuditërisht ajo që u konstatua dhe zbulua gjatë gërmimeve nuk u konservura, siç dhe e kërkon procedura e kërkim-shpëtimit.

“Rrumpallë” nuk ishte vetëm vendi i gërmimeve por dhe i vendimeve. Kjo kuptohet nga mbi 15 dokumentet vendimarrëse për zbatimin e gërmimit arkeologjik, konservimeve,  kontrollit dhe dokumentacionit, të cilat dolën deri në mbarimin e gërmimeve.

Vlera historike e lagjes romake dhe objekteve të gjetura në to, nuk ishte e njëjtë me atë të qindra objekteve të groposura në themelet e shumë pallateve në të gjithë Shqipërinë. Cilësimi i saj nga arkeologu Gjergj Frashëri, si Pompei shqiptar, tregon rëndësinë e asaj që humbi ditën për diell, në sy të qytetarëve dhe pushtetarëve.

Apelit të arkeologëve dhe ekspertëve për të mos ndërtuar në këtë zonë, ministri i Kulturës dhe 8 specilaistë e drejtues institucionesh, i’u përgjigjën me firmosjen e një dokumenti që kërkonte lirimin e gropës së gërmuar, për t’i hapur rrugë ndërtimit të objektit (dokumenti i bashkëlidhur në fund, 1.0).

Klasifikimi i kësaj zone arkeologjike si e 1kategorisë B, i dha “kënaqësinë” fadromave dhe pompave të betonit që të krijonin një trashëgimi të re kultore, atë të kaosit të ndërtimeve që i ka marrë frymën qytetit.

Nga zona prej 5000 m2 ku u kryen gërmimet, instituconet përgjegjëse në  Ministrinë e Kulturës vendosën ruajtjen e vetëm 6 m2 nga lagjia romake e zbuluar, ndërsa mbi pjesën tjetër u ndërtua një pallat 6 katësh (dokumenti i bashkëlidhur në fund) .

Megjithatë Ministria e Kulturës dhe ndërtuesit u treguan “bujar”. Ashtu siç shkruhet edhe në tabelën infromuese të këtyre ndërtimeve, nga sipërfaqja totale e ndërtimit prej 20.000 m2, 1 kat nëntokë është Muze Arkeologjik.

Drejtuesit e institucioneve dhe specialistët përgjegjës në reagimet e tyre i’a pasuan fajin njëri-tjetrit për atë që ndodhi dhe megjithatë asnjë hetim nuk nisi nga Prokuroria.

Me ngjyrë të kuqe është shënuar zona e ndërtuar dhe me blu përafërsisht perimetri i gërmimeve arekeologjike që u kryen

7 vite nga ky shkatërrim i një prej vlerave më të mëdha të trashëgimisë kulturore shqiptare, ende nuk dihet fati i nëntokës në dy pallatet e tjera të ndërtuara aty, ku nuk u mor vesh nëse aty u kryen gërmime për gjetje arkeologjike.

Përveç 6 m2 që mbetën nga ajo çfarë u zbulua, Durrësi përfitoi dhe një Muze Arkeologjik në themelet prej betoni të një kompleksi pallatesh, të cilin nuk do ta pranonin as vendet më të pazhvilluara të botës.

Arkeologu E. Sh. shprehet se mënyra e vetme për t’i shpëtuar nga dëmtimet zonat arkeologjike në të gjithë vendin, është rishikimi i mënyrës së mbrojtjes së trashëgimisë.

SHËNIM:

*1Zonë arkeologjike B –  Lejohen ndërtimet e reja në rastet e përcaktuara në rregulloren e administrimit të këtyre zonave, pas miratimit nga Këshilli Kombëtar i Arkeologjisë

*Përdorimi i inicialeve të arkeologut është zgjedhje e reporterit.

 

Der südliche Bau auf dem Antiken Dorf, Platz 1. Mai ist direkt durch die Vangjush Dako Mafia Familie, als Geldwäsche Projekt. Die anderen Teile sind im Besitz rund um Argita Bersiha, der Berisha Verbrecher Familie: Langzeit finanziert durch die CDU, KAS und den anderen verrückten Geschäftemachern aus Deutschland.
Bulevardi Dzrrah - Post, Durres Mafia construction Vangjush Dakovv

Bulevardi Dzrrah – Post, Durres: auf dem Betonierten Römischen Dorf: Inhaber Vangjush Dako, ohne Baugenehmigung wie in den Artikeln dokumentiert ist: daneben Berisha Klientel mit dem zentralen Bau mit mind. 7 Stockwerken

Haupt Hintermann ist:  wie immer ein Verbrecher rund um die Justiz und Berisha Banden, der zugleich Geldwaesche Partner von Vangjush Dako ist. Hinter einem Berg von Phantom Firmen, werden die echten Mafiosi im Langzeit Betrieb des Vangjush Dako versteckt und korrupter Adinstrativer.

24198 Mane Sokrat Aleksander Goga Durrës

Eine Gruppe von Langzeit Verbrechern, welche seit 15 Jahren im Raum Durres in viele Skandale verwickelt sind. Hier die Verbrecher Gruppe des Anwaltes Agim Hoxha, eine traditionelle Drogen Verbrecher Familie u.a. mit Sali Ahmet Hoxha, Sokrat Mane, Nikolla Zef Felaj, Jozef Tedeskini! Die Verbrecher Familie aus Tirana: Ilir Cepani, rodete mit Bulldozer ebenso diesen Platz im Schnellgang in 2007, und Nichts darf dort verkauft werden, durch Gerichts Beschluss ebenso.

Nach den Skandalen unter der Ilir Meta Regierung u.a. am Antiken Tempel von Durres, gab es unter den Mafia Minister des MTKRS: Yilla Pango und Ferdinand Xhaferrie, nochmal 179 illegale Bauten in den Antiken Zonen, durch gefälschte Dokumente, oft mit Duldung, oder gar mit Unterschrift von Ferdinand Xhaferrie, der sich selbst als noch primitiver als Talibans selbst damit ein Denkmal in Durres gesetzt hat. Partner des US Mafia Senators Eliot Engel. Viele Fragen an EU Botschaften, warum man das nicht stoppte, aber Konferenzen aktiv mit dem Verbrecher veranstaltete, u.a. die KAS im Oktober 2010. Apollon Bace, ein kriminelles Enterprise. General Direktor Klodian Pajuni, ein Vertreter der Durres Idioten Mafia, welche generell Alles zerstört., für den Verkauf von Beton und Beteiligungen. Proteste der Einwohner und Experten, wurden durch die Ortsfremden PD Banden ignoriert. Das Ministerium des Langzeit Betruges: MTKRS, wobei Ferdinand Xhaferrie eine Sonder Note erhält, weil er jede Taliban und Vandalen Zerstörung vor allem in Durres übertraf.

Haupt Verantwortliche für das einmalige Mafia Desaster im Taliban Stile in Albanien: Die Parnter der ausl. Politiker, wie die KAS mit ihrem Super Gangster Ferdinand Xhaferie, dessen Website nicht einmal eine Funktion mehr hat.

Albanische Minister (MTKRS), schlimmer wie die Taliban! Geben illegale Papiere, für eine Finanzierung eines Kommunal Wahlkampfes durch die Top Mafia des Fatmir Valoti (US Faschistische Partei PDUI). Partner des Gangster US Senator Eliot Engel, was normal ist bei den Amerikanischen Politikern, wenn man gut schmiert

Billiarden welche im „Pentagon“ – Goldman & Sachs Verbrecher System spurlos verschwinden, gestohlen sind seit 20 Jahren.

Deshalb werden die Kriege auch inzeniert, um Pentagon Gelder ohne Ende zustehlen, in über 1.000 ausländischen Militär Stützpunkten, wo niemand wie bei der UN, KfW, EU Projekten die Verwendung der Gelder kontrolliert, identisch wie auch bei USAID, wo niemand weiß, wohin die Gelder gehen, kein Controlling mehr besteht. Deshalb ist die Bundeswehr im Ausland, um mit Warlords, Kriminellen und Terroristen Drogen Handel, Betrug, Mord zugarantieren, denn darin liegt der Profit, wie jeder Soldat weiß, der im Balkan, oder in Afghanistan war, was ihre Offizierre so machten und mit wem, gesponsert von Frank Walter Steinmeier dem Welt Terroristen Financier in Tradition.

Deshalb zieht es korrupte Politiker in die NATO, denn man kann so schön und einfach viel Geld zustehlen.

Pentagon

Israel’s Central Banking System & Goldman Sachs.


Veröffentlicht am 26.06.2013

On September 10th 2001, Sec. Defence Donald Rumseld announced that 2.3 Trillion Dollars in transactions could not be accounted for. On September 11th 2001 the Accounting offices in the Pentagon were blown up.

$10 Trillion Missing from Pentagon and No One — Not Even the DoD — Knows Where It Is

Source: Claire Bernish

Over a mere two decades, the Pentagon lost track of a mind-numbing $10 trillion — that’s trillion, with a fat, taxpayer-funded “T” — and no one, not even the Department of Defense, really knows where it went or on what it was spent.

Even though audits of all federal agencies became mandatory in 1996, the Pentagon has apparently made itself an exception, and — fully 20 years later — stands obstinately orotund in never having complied.

Because, as defense officials insist — summoning their best impudent adolescent — an audit would take too long and, unironically, cost too much.

“Over the last 20 years, the Pentagon has broken every promise to Congress about when an audit would be completed,” Rafael DeGennaro, director of Audit the Pentagon, told the Guardian recently. “Meanwhile, Congress has more than doubled the Pentagon’s budget.”

Worse, President Trump’s newly-proposed budget seeks to toss an additional $54 billion into the evidently bottomless pit that is the U.S. military  — more for interventionist policy, more for resource-plundering, more for proxy fighting, and, of course, more for jets and drones to drop more bombs suspiciously often on civilians.

Maybe.

Because, without the mandated audit, the DoD could be purchasing damned near anything, at any cost, and use, or give, it — to anyone, for any reason.

Officials with the Government Accountability Office and Office of the Inspector General have catalogued egregious financial disparities at the Pentagon for years — yet the Defense Department grouses the cost and energy necessary to perform an audit in compliance with the law makes it untenable.

Astonishingly, the Pentagon’s own watchdog tacitly approves this technically-illegal workaround — and the legally-gray and, yes, literally, on-the-books-corrupt practices in tandem — to what would incontrovertibly be a most unpleasant audit, indeed.

Take the following of myriad examples, called “plugging,” for which Pentagon bookkeepers are not only encouraged to conjure figures from thin air, but, in many cases, they would be physically and administratively incapable of performing the job without doing so — without ever having faced consequences for this brazen cooking of books.

To wit, Reuters reported the results of an investigation into Defense’s magical number-crunching — well over three years ago, on November 18, 2013 — detailing the illicit tasks of 15-year employee, “Linda Woodford [who] spent the last 15 years of her career inserting phony numbers in the U.S. Department of Defense’s accounts.”

Woodford, who has since retired, and others like her, act as individual pieces in the amassing chewed gum only appearing to plug a damning mishandling of funds pilfered from the American people to fund wars overseas for resources in the name of U.S. defense.

“Every month until she retired in 2011,” Scot J. Paltrow wrote for Reuters, “she says, the day came when the Navy would start dumping numbers on the Cleveland, Ohio, office of the Defense Finance and Accounting Service, the Pentagon’s main accounting agency. Using the data they received, Woodford and her fellow DFAS accountants there set about preparing monthly reports to square the Navy’s books with the U.S. Treasury’s – a balancing-the-checkbook maneuver required of all the military services and other Pentagon agencies.

“And every month, they encountered the same problem. Numbers were missing. Numbers were clearly wrong. Numbers came with no explanation of how the money had been spent or which congressional appropriation it came from. ‘A lot of times there were issues of numbers being inaccurate,’ Woodford says. ‘We didn’t have the detail … for a lot of it.’”

Where a number of disparities could be corrected through hurried communications, a great deal — thousands each month, for each person on the task — required fictitious figures. Murkily deemed, “unsubstantiated change actions” — tersely termed, “plugs” — this artificial fix forcing records into an unnatural alignment is common practice at the Pentagon.

Beyond bogus books, the Pentagon likely flushed that $10 trillion in taxes down the toilet of inanity that is unchecked purchasing by inept staff who must be devoid of prior experience in the field of defense.

This tax robbery would eclipse the palatability of blood money — if it weren’t also being wasted on items such as the 7,437 extraneous Humvee front suspensions — purchased in surplus over the inexplicable 14-year supply of 15,000 unnecessary Humvee front suspensions already gathering warehouse-shelf dust.

And there are three items of note on this particular example, of many:

One, the U.S. Department of Defense considers inventory surpassing a three-year supply, “excessive.”

Two, the stupefying additional seven-thousand-something front suspensions arrived, as ordered, during a period of demand reduced by half.

Three, scores of additional items — mostly unaccounted for in inventory — sit untouched and aging in storage, growing not only incapable of being used, but too dangerous to be properly disposed of safely.

Worse, contractors greedily sink hands into lucrative contracts — with all the same supply-based waste at every level, from the abject disaster that is the $1 trillion F-35 fighter program, to the $8,123.50 shelled out for Bell Helicopter Textron helicopter gears with a price tag of $445.06, to the DoD settlement with Boeing for overcharges of a whopping $13.7 million.

The latter included a charge to the Pentagon of $2,286 — spent for an aluminium pin ordinarily costing just $10 — the irony of whose 228.6 percent markup cannot be overstated.

Considering all the cooking of numbers apparently fueled with burning money stateside, you would think Defense channeled its efforts into becoming a paragon of economic efficiency when the military defends the United States. Overseas. From terrorism. And from terrorists. And terrorist-supporting nations.

But this is the Pentagon — and a trickle of telling headlines regularly grace the news, each evincing yet another missing shipment of weapons, unknown allocation of funds, or retrieval of various U.S.-made arms and munitions by some terrorist group deemed politically less acceptable than others by officials naming pawns.

In fact, so many American weapons and supplies lost by the DoD and CIA become the property of actual terrorists — who then use them sadistically against civilians and strategically against our proxies and theirs — it would be negligent not to describe the phenomenon as pattern, whether or not intent exists behind it……

http://www.blacklistednews.com/%2410_Trillion_Missing_from_Pentagon_and_No_One_

Die 20 grössten Banken Europa’s, reine Betrugs Banken der Casino und Steuer Betrugs Mafia und Korruptions Motor der EU Regierungen

Reine Verbrecher und Betrugs Banken, wie schon Alan Greenspan erklärte und von der gekauften Politik gedeckt, welche jede Regulierung schon vor 10 Jahren verhinderte.

MONITOR vom 30.03.2017 TV

Euro-Zeichen vor Bankgebäude.

Crash mit Ansage: Europas Versagen bei der Bankenregulierung

Faule Kredite, fehlendes Eigenkapital: Die europäischen Banken wanken. Der Internationale Währungsfonds hält ein Drittel für nicht überlebensfähig. Zehn Jahre nach der Finanzkrise droht der nächste Crash, für den wieder einmal die Steuerzahler aufkommen dürften. Experten fordern deshalb dringend schärfere Regulierungen. Doch ausgerechnet die Bundesregierung blockiert eine zentrale Reform – mit den gleichen Argumenten wie die Banken.  |  mehr

The 20 European banks assessed by Oxfam include: HSBC, Barclays, RBS, Lloyds and Standard Charter (UK); BNP Paribas, Crédit Agricole, Société Générale, BPCE, and Crédit Mutuel-CIC headquartered (France); Deutsche Bank, Commerzbank AG, and IPEX (Germany); ING Group and Rabobank (Netherlands); UniCredit and Intesa Sanpaolo (Italy), Santander and BBVA (Spain); and Nordea (Sweden). 

Europe’s biggest banks register €25 billion profit in tax havens

Europe’s 20 biggest banks are registering over a quarter of their profits in tax havens – well out of proportion to the level of real economic activity that occurs there, according to a new report by Oxfam and the Fair Finance Guide International today.The report, ‘Opening the Vaults,’ suggests the discrepancy may have arisen because some banks are using tax havens to avoid paying their fair share of tax, to facilitate tax dodging for their clients, or to circumvent regulations and legal requirements.The research was made possible by new EU transparency rules that require European banks to publish information on the profits they make and the tax they pay in every country they operate. The report finds:

  • Tax havens account for 26 percent of the profits made by the 20 biggest European banks – an estimated €25 billion – but only 12 percent of banks’ turnover and 7 percent of the banks’ employees.
  • Subsidiaries in tax havens are on average twice as lucrative for banks as those elsewhere.  For every €100 of activity, banks make €42 of profit in tax havens compared to a global average of €19.
  • Bank employees in tax havens appear to be 4 times more productive than the average bank employee – generating an average profit of €171,000 per year compared to just €45,000 a year for an average employee.
  • In 2015 European banks posted at least €628 million in profits in tax havens where they employ nobody. For example, the French bank BNP Paribas made €134 million tax-free profit in the Cayman Islands despite having no staff based there.
  • Some banks are reporting profits in tax havens while reporting losses elsewhere. For example, Germany’s Deutsche Bank registered low profits or losses in many major markets in 2015 while booking almost €2 billion in profits in tax havens.
  • Luxembourg and Ireland are the most favored tax havens, accounting for 29 percent of the profits banks posted in tax havens in 2015. The 20 biggest banks posted €4.9 billion of profits in the tiny tax haven of Luxembourg in 2015 – more than they did in the UK, Sweden and Germany combined.
  • Banks often pay little or no tax on the profits they post in tax havens. European banks paid no tax on €383 million of profit they posted in seven tax havens in 2015.  In Ireland, European banks paid an effective tax rate of no more than 6 percent – half the statutory rate – with three banks (Barclays, RBS and Crédit Agricole) paying no more than 2 percent.

Manon Aubry, Oxfam’s Senior Tax Justice Advocacy Officer said: “New EU transparency rules give us a glimpse into the tax affairs of Europe’s biggest banks and it’s not a pretty sight. Governments must change the rules to prevent banks and other big businesses using tax havens to dodge taxes or help their clients dodge taxes.”

“All companies and individuals have a responsibly to pay their fair share of tax. Tax dodging deprives countries throughout Europe and the developing world of the money they need to pay for doctors, teachers and care workers,” said Aubry.

Many countries are being cheated out of the money needed to tackle poverty and inequality by corporate tax dodgers, with poor countries being hit the hardest.  Tax dodging by multinational companies costs poor countries over €90 billion every year. This is enough money to provide an education for the 124 million children who aren’t in school and fund healthcare interventions that could prevent the deaths of at least six million children.

Transparency measures, such as the EU rules on public country-by-country reporting, are vital tools in the global fight against tax dodging. However, a new European Commission proposal designed to extend public reporting beyond the banking sector is flawed. The proposal is limited to companies with a turnover of €750 million or more, a measure that would exclude up to 90 percent of multinationals, and does not require companies to report on their activities in all the countries they operate – including developing countries.

“The EU’s transparency rules are starting to open up the often murky world of corporate taxation to public scrutiny.  These rules must now be extended to ensure all large corporations provide financial reports for every country where they operate. This will make it easier for all countries – including the poorest – to establish if companies are paying their fair share of tax or not,” said Aubry.

Notes to editors

Download the report, Opening the vaults: the use of tax havens by Europe’s biggest banks,’ a summary of the data on each of the 20 banks, a methodology document, and the complete data set on which Oxfam based its calculations.

The 20 European banks assessed by Oxfam include: HSBC, Barclays, RBS, Lloyds and Standard Charter (UK); BNP Paribas, Crédit Agricole, Société Générale, BPCE, and Crédit Mutuel-CIC headquartered (France); Deutsche Bank, Commerzbank AG, and IPEX (Germany); ING Group and Rabobank (Netherlands); UniCredit and Intesa Sanpaolo (Italy), Santander and BBVA (Spain); and Nordea (Sweden). 

All banks were asked to comment on the findings of the report before publication – their responses are outlined in the report.

Oxfam is an international confederation of 19 non-governmental organizations working with partners in over 90 countries to end the injustices that cause poverty. www.oxfam.org