After Greece, Slovenia takes a taste of the European Financial Dictatorship!

[no more banksters]

Last edited Fri Jul 8, 2016, 06:25 AM - Edit history (1)

The Slovenian police said on Thursday the Bank of Slovenia and its employees did not enjoy privileges which would exempt it from investigation in pre-criminal procedures. It added that the people who are being investigated did not act in the name of the European Union but as officials of a Slovenian institution. Slovenian police conducted an investigation in four locations in Ljubljana on Wednesday, including at the central bank, collecting evidence in a pre-criminal investigation related to possible irregularities during a bank overhaul in 2013.

"Seized equipment contains ECB information and such information is protected under directly applicable primary EU law" Draghi said in a letter to the Slovenian State Prosecutor General. "The ECB will also explore possible appropriate legal remedies under Slovenian law" he added.

Slovenian police said the investigation related to an assessment of one of the banks rescued by the state in 2013, which meant the bank could scrap its obligations towards holders of subordinated bonds and subordinated debt to the value of 257 million euros.

In 2013 the previous government had to pour more than 3 billion euros into local banks to prevent them collapsing under a large amount of bad loans. The move helped the country narrowly avoid an international bailout. As part of the bank overhaul about 600 million euros of subordinated bonds were scrapped in five banks. In 2014, the Slovenian Association of Small Shareholders filed several court cases against the Bank of Slovenia and local banks, claiming the subordinated bonds and shareholders' capital in rescued banks should not have been erased. None of the cases have yet been finished.

It's obvious that the banksters' syndicate called ECB demands zero control and complete independence from the authorities of each country, so that the banking lobby can maintain absolute sovereignty over the debt colonies of the EFD.

http://failedevolution.blogspot.gr/2016/07/after-greece-slovenia-takes-taste-of.html

[DetlefK]

2. failedevolution never disappoints when one is looking for cheap, manufactured outrage.

Well, these documents are property of the ECB and fall under the jurisdiction of EU-laws. How is that financial dictatorship??? That's as if the slovenian police tried to seize documents of a foreign government. They simply do not have the legal right to do that!

[Odin2005]

3. LOL, more loony conspiracy crap from a loony conspiracy site.