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09.11.2017

Why Soros revealed the offshor of the English queen and the "American gas" from Russia

The Queen of Britain was hypocritical. This is the conclusion that can be drawn from the materials published by the International Consortium of Investigative Journalists (ICIJ) about the offshore investments of the British royal court. It would seem, why should Elizaveta II, or rather, the managers of her financial assets, hide investments in offshore jurisdictions, because the income of the queen is not taxed by law? It's all about hypocrisy and the desire to preserve the untainted and noble reputation that the Britons so much like, and some foreigners who for some reason see in British monarchs are almost an example for modesty and honesty, for which the elites of other countries should be guided. So it turned out that, on the one hand, the queen decided to voluntarily pay taxes, which caused the enthusiasm of the citizens and the envy of naive foreigners, and on the other hand, the administrators of her assets invested in offshore companies, which in turn invested in enterprises, The image of them did not correspond to the high moral standards of the British royal family. The scheme in which Queen Elizabeth II maximized image bonuses and material benefits, could exist indefinitely, but within the framework of the intraspecific struggle of the Western elites it was opened and presented to the public.

From an economic and legal point of view, the scandalous scheme was not distinguished by its refinement and functioned solely at the expense of the alleged secrecy of offshore jurisdictions controlled by the British Crown. The Queen's money is administered by a special legal entity - the Duchy of Lancaster, which preserves the illusion that the queen keeps herself practically on her own and does not create an excessive burden on the state budget. In turn, the duchy actually functions as a typical investment fund, which works in the interests of one person. Thanks to documents obtained by the International Consortium of Investigative Investigations, after the "breaking" of the offshore law firm Appleby, which operated in Bermuda, it became known that at least 10 million pounds of "royal" investments were at the disposal of offshore companies located in the Cayman Islands and Bermuda. Formally, these actions do not violate any laws, but in terms of the royal image of investing in offshore funds - this is a big problem, especially given what their final recipients were doing.

According to CNN and BBC, the offshore fund Dover Street VI Cayman Fund LP, which received "royal investment", is a co-owner of BrightHouse, which has become famous for the distribution of microloans. These microloans were issued on such bondage terms and at such high interest rates that the British financial regulator FCA even fined it.

In general, a scheme is obtained which is not very suitable for the image of an honest and responsible monarch family, because the queen earns money on bonded loans that are given to the most vulnerable and poor subjects of Her Majesty. As an argument in defense of Elizabeth II, data are given that the investment in Bright House was only a few thousand pounds, but the source of this data is the duchy of Lancaster itself, and this is sufficient reason to be skeptical about these figures.

The discussion of the beneficiaries of the "offshore" scandal, in which besides Elizabeth II, hundreds of Western officials and businessmen, including those around Donald Trump's circle, were involved, should start with consideration of the sponsors of the International Consortium of Investigative Journalism (ICIJ). The most famous patron of the consortium are the Open Society Foundations of the oligarch and political activist George Soros.


American philanthropist George Soros

If we compile a list of politicians and organizations that in recent years have been subjected to media attacks from a Soros-financed consortium that can rightly be called "Soros-lix", it turns out that it is almost entirely composed of those who, in one way or another, crossed the path to the oligarch himself . This is the Chinese authorities and close to the chairman of the PRC Xi Jinping, the environment of Vladimir Putin, the inner circle of Donald Trump, well, the British elite, and specifically the royal family, apparently "got" for Brexit, which she either could not, or did not want to prevent , and flirting with China, too, could not pass in vain. His first billion pounds and the nickname "The Man Who Broke the Bank of England" George Soros earned on the collapse of the British pound in 1992, and a quarter of a century later he once again demonstrated his capabilities, having attacked not the UK's main financial institution, but the ruling dynasty itself.

In addition to Elizabeth II, among the victims of the scandal is worth mentioning the US trade minister Willbrou Ross, who is now being subjected to media defamation for the quite innocent commercial activities of his offshore company, whose gas carriers are engaged in the transportation of Russian LPG to Belgian Antwerp.

The problem is that this commercial activity indicates a very unpleasant fact for Soros: all lobbying efforts could not reduce the EU's dependence on Russian oil and gas supplies and only slightly changed their configuration. If earlier only Russian pipeline gas from Gazprom was supplied to the EU, now the Russian LPG from the Sibur company is sent there, and there was no reorientation of the European hydrocarbon market to American supplies either.


Wilbur Ross

So it turns out that the various Russophobes are throwing their discontent on an American official who simply wanted to make money by transporting Russian LPG to European consumers.

From a practical point of view, another "offshore scandal" is unlikely to have any far-reaching political consequences. PR-team of Elizabeth II already with might and main carries out operations on "damage control", and soon the scandal will be forgotten. Willbourg Ross is ready to defend his commercial activities in court, and even the most ardent Russophobes from the American media are skeptical about the possibilities of his departure from American political life. However, it is worth emphasizing that the scandal with Bermuda papers could have one more, the most important goal, which could well be achieved. The vast majority of offshore companies that have been "uncovered" by Soros journalists and activists belong to jurisdictions controlled by the British crown: the British Virgin Islands, the Isle of Man, Guernsey, the Cayman Islands, etc. The international "offshore aristocracy" seems to show that the British offshore the system no longer works and can not provide the necessary level of confidentiality and protection, which means it's time to relocate to the US. Against the backdrop of the problems of the British system, American offshore companies are becoming increasingly popular, as Bloomberg has openly written, citing the example of the presentation of the managing director of Rothschild & Co., Andrew Penny.

In this context, it is likely that we have now witnessed another round of war for the redistribution of the world market of offshore companies and services to provide "black" and "gray" financial flows.

It remains to be expected, when the "British offshore empire" will strike back. But only those who will follow Vladimir Putin's long-standing and very far-sighted advice will be safe, who strongly recommended that money be withdrawn from offshore, because otherwise it would be long and painfully to "swallow the dust," trying to recover lost funds and business reputation.

A source: RIA Katyusha

Author: Ivan Danilov

Tags: United Kingdom, Offshores, Economics, Analytics, Politics