English
Banking sources have confirmed the accuracy of our observation that the letter of "Gliding" Ltd from Amsterdam, which guarantees that Dan Diaconescu has 45 million Euros available in an account with HSBC is not credible, first of all because letters of guarantee can't be accepted when they come from just about any company.
On September 28th, in the article "The privatization of Oltchim, according to the plan of Constantin Roibu (through "Harry Potter"), published in BURSA, I wrote: "...let us note that the letter of an offshore which guarantees that Dan Diaconescu has the money in his account, has no relevance in the process for the privatization of Oltchim, because it is not a letter sent by the bank itself".
Second of all, the letter, being signed by Ewoud L. Peerbolte, that letter starts to look like a grotesque joke, because even though Ewoud Lietaert Peerbolte is mentioned on http://www.corporationwiki.com, as having ties to "Princess Beach" I and II, Inc., of San Diego, and on other websites as being the owner of a financial services company based in Holland, it is also the name of a lawyer and sci-fi writer who, in 2011, was involved in a scandal in Amsterdam, when he participated in an important call for tenders, only to then become unavailable for months.
The letter presented by Dan Diaconescu and officially submitted to Eximbank, states that "Gliding" Ltd. Amsterdam (whose CEO is Ewoud Peerbolte), allegedly has an account with a balance of 46 million Euros opened with HSBC Bank, assigned/granted to Dan Diaconescu, for the privatization of "Oltchim" - in favor of Dan Diaconescu.
In fact, Eximbank checked with HSBC, and neither "Gliding" Ltd., nor Ewoud L. Peerbolte have accounts opened with that bank.
Moreover, the company in question isn't even registered in Holland (the termination for Dutch companies is Bv., not Ltd., anyway.)
Apparently, the "boys" involved in the recovery of the Romanian treasure from the Russians (Eugen Anca and Alexander Dokychuk, whom we wrote about in the article of September 28th), are bamboozling Dan Diaconescu, trying to make him useful for the Russian interests. The two have attempted to convince Dan Diaconescu to go to Moscow, claiming that once there they had the means to get him in touch with influential politicians and major businesspeople.
Among his friends, Dan Diaconescu said that he would like to go to Moscow, especially after the trip to the USA fell through (upon his visit to the US embassy in Bucharest, he was received by the American political advisor, instead of the business attaché, which speaks volumes about how our strategic partners across the ocean view this entire affair).
Apparently Dan Diaconescu wants to file that unbelievable letter with the government, betting on the fact that the privatization contract contains a provision which stipulates that the transaction (the transfer of the money representing the equivalent of the winning bid) can be done within 15 days from the deadline.
Therefore, Dan Diaconescu knows that after October 1st, he still has 15 days available, during which time he will pay 0.04% in penalties per day.
It is possible that Dan Diaconescu is betting on the fact that by pushing it, he will get media exposure (including during those fifteen days) and therefore will benefit twofold:
1. he may believe that he will actually be able to get the money (he has confidence that this will happen, as he is being led on by E. Anca and A. Dokychuk);
2. he gets political capital, given his message that people are already familiar with.
At any rate, he will probably insist on the renegotiation of some terms of the contract, on blaming the government for dragging its feet, and the old meme with the robber barons...
Over the last week, he has gained over 3% in popularity among the voters.
A thing he is aware of.
The more time goes by (and the more the attention of the public is focused on him), the more the legislative elections get closer.
And one more thing: the members of the Ponta government didn't have any options. Even though they knew that Dan Diaconescu wasn't going to make a serious bid, it couldn't cancel the call for tenders.
Why?
Because at the meeting of the board of the IMF held three days ago, one of the items on the agenda was the release of a new tranche of the loan to Romania.
Or, the Romanian government wants to show that it did not prevent the privatization of "Oltchim", an objective which was stipulated in the agreement with the IMF.
Strange and perverted at the same time.
All of that, just so we can get some crumbs (which by the way sink us further into debt - by the way, the deficit has increased, after all the populist measures taken by Victor Ponta and will probably increase even further in an electoral context), we have ruined our chance at a decent privatization of "Oltchim".
OK.
Next...
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