By Matthew Russell Lee, Video
UNITED NATIONS, June 15 – When Citigroup managing director Michael Eckhart appeared at the UN on June 4, it was to talk about renewable energy with the UN Environment Program. Inner City Press asked Eckhart about Citigroup's role in the Dakota Access Pipeline. But that is one only of Citigroup's many scams. Today on June 15 it is announced that Citigroup will be paying $100 million to 42 states for having manipulated LIBOR, the London Interbank Offered Rate. In fairness, there are other scammers too. Deutsche Bank, currently rumored to be mulling a merger with Commerzbank, in October 2017 had to pay $220 million to 45 states. The predators continue.
Back on June 4 Eckhart paused and admitted it was a lender, than said that the outcry against the pipeline, on indigenous human rights and other issues, was entirely unexpected. He said they had not protested early enough. Video here. But what about free prior informed CONSENT? Is silence consent? Or, as is too often the case, is the UN a place of hypocrisy?
As Inner City Press has shown, UNEP paid money to Volvo Ocean Races, and appears to have engaged in pay-for-prize with MoBikes. Inner City Press also asked about the UN bribery scandal in which China Energy Fund Committee - oil money - bribed UN President of the General Assembly Sam Kutesa, but CEFC remains in special consultative status with UN ECOSOC. Video here. We'll have more on this - and on Citigroup. Watch this site.
