TETELESTAI Notification List

The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAI page located HERE and access the private page.

If you're having trouble please give me an email at UniversalOm432Hz@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject line of your email should be: "Entry | (Title of your post) | Dinar Chronicles"

- Proper grammar
- Solely write intel, rumors, news, thoughts, messages regarding Dinarland, Iraq, the RV, the GCR, NESARA/GESARA, the Republic, Spirituality, Ascension and anything that is relating
- Your signature/name/username at the end (If you wish to remain anonymous then you don't need to provide one.)

If you have any questions or wish to communicate with us then please give us an email at UniversalOm432Hz@gmail.com

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

Restored Republic via a GCR: Update as of Nov. 17, 2018

Restored Republic via a GCR: Update as of Nov. 17, 2018 Compiled 17 Nov. 12:01 am EST by Judy Byington, MSW, LCSW, ret. CEO, Child Abuse R...

Friday, June 1, 2018

ANZ, Deutsche Bank, Citigroup Facing 'Criminal Cartel' Charges

ANZ, Deutsche Bank and Citigroup face 'criminal cartel' charges

1 June 2018



Image copyright: REUTERS

Financial institutions ANZ, Deutsche Bank and Citigroup will be prosecuted on criminal cartel charges, Australia's consumer watchdog says.

The allegations concern arrangements for the sale of A$2.5bn (£1.4bn; $1.9bn) worth of ANZ shares in 2015.

The three banks said they would fight the charges. ANZ said it would also defend allegations against an employee.

Australia's scandal-plagued financial sector is at the centre of a national inquiry into misconduct.

Several "other individuals" are also expected to be charged by prosecutors, the Australian Competition and Consumer Commission (ACCC) said.

"The charges will involve alleged cartel arrangements relating to trading in ANZ shares following an ANZ institutional share placement in August 2015," chairman Rod Sims said in a statement.

"It will be alleged that ANZ and the individuals were knowingly concerned in some or all of the conduct."

The consumer watchdog said it would not provide further details at this stage.

What is known about the allegations?

ANZ, one of Australia's so-called "big four" banks, said the charges related to a placement of 80.8 million shares.

The deal was underwritten by global giants Deutsche Bank, Citigroup and JP Morgan, as part of a bid by ANZ to raise capital to meet regulatory requirements.

ANZ said regulators were now investigating whether it should have stated that 25.5 million shares of the placement had been taken up by "joint lead managers".

That amount constituted 0.91% of total shares on issue at the time, it said.

The ACCC says cartel behaviour happens when businesses act together to drive up profit, rather than compete against each other.

What have the banks said?

ANZ said it believed the bank and its group treasurer, Rick Moscati, had acted lawfully, adding that it would co-operate with authorities.

Citigroup and Deutsche Bank also vowed to "vigorously defend" defend the charges.

The allegations were "highly technical" and involved "an area of financial markets activity that has not been considered by any Australian court" or by regulators, Citigroup said in a statement.

Australia's banking and financial services sector has been rocked by a series of scandals over the last decade.

The royal commission inquiry, which began in February, has heard evidence of rampant industry misconduct.

Source: BBC

Reactions:

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More