Ownership of the International Collateral Combined Accounts of the Global Debt Facility Sample Clauses

Ownership of the International Collateral Combined Accounts of the Global Debt Facility. Purpose of this appointment was to provide an independent arbiter with the powers and authority of an owner in order that he may arbitrate between the nations as to how this wealth under his control may be utilised, when it may be utilised and by whom. It is illegal for any Government or Banking Institution to appropriate, sequester or otherwise take or use these assets unless such action is initiated by the International Treasury Controller. This ban includes the Banks holding the assets, the B.I.S., The Federal Reserve, the IMF, The World Bank or any other institution, none of whom may access or use these assets without the consent of, and initiation of such action, by the International Treasury Controller. THE WASHINGTON PANEL (Washington 1998) Established under orders of the Federal Reserve System, the Nations and Institutional Members of the Xxxxxxxxxx Conference met for some 10 months in Washington to review the powers and authorities and allowed to privately invest part of this wealth into Third World countries by placing the money for projects in those countries with reputable International Consulting companies who would be selected to undertake the chosen projects. The reasoning behind this, was that many Third World Governments are run by corrupt people who steal the wealth that is loaned to a country for projects, the projects do not get completed and the funds invested cannot be audited or anyone held accountable as International Institutions have no power or authority to audit the books of account of a Sovereign Government. By placing funds through Consulting Companies who can be audited and held accountable, it would be possible to arrest the loss of money through corruption, and therefore, unfair debts would not be further imposed on the taxpayers of Third World countries. On December 12th, 1998 the Washington Panel unanimously concluded that Dr. Dam had that right as he was the Sole Owner and Arbiter for the use of that wealth. This decision fully ratified and further acknowledged the Institutional Power and Authority granted; obviously, they knew perfectly that everything is false, and nobody was able to get success with this fake...
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Related to Ownership of the International Collateral Combined Accounts of the Global Debt Facility

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