Townhouses Of Russian Oligarch Traced To Delaware Shell Corporations
One of Putin’s most notorious oligarchs–Oleg Derispaka.
He owns two Manhattan townhouses, or, more accurately, they are owned by two separate Delaware shell corporations. Betcha they aren’t the only entanglements.
Is everybody OK with that? Shouldn’t the General Assembly at least call the Secretary of State and its corporate enablers before a panel and ask them what the fuck is going on? More importantly, ask them what they are gonna do to fix this?
The Delaware Department of State has always been the Third Rail of Delaware politics–everybody has known that its activities are marginally legal, but putatively in service to the Greater Good of low taxes.
Shouldn’t we draw a line at oligarchical activity that benefits Putin? Shouldn’t someone in office at least ask?
Or is dealing with autocrats, kleptos, and murderers merely the cost of keeping our tax rates low? You know, collective shrug.
Somebody, anybody?
Whenever I hear someone on the news say “The United States is actually the biggest money launderer.” I think “They mean Delaware.”
The General Assembly has the authority to call state officials before them. Failing that, they have the authority to subpoena them.
They never use that authority.
Too busy watering down LEOBOR reform. Can water be watered down?
I’m wondering whether Tizzy has what it takes to deliver ANYTHING. I mean, Jesus Christ, put the bill out there and see where everybody stands. End any negotiations with the cops that might be going on. They have zero interest in changing anything, and they have loads of interest in dragging this out until the General Assembly runs out of time. It has ever been thus.
If members of the Senate are unwilling to pass anything meaningful, then that’s helpful information.
For 40 years, we’ve been hearing about the mythical “Delaware Way,” that unique ability in a small state to get people with differing viewpoints into one room to solve problems. But they never talk about how they never call a meeting if someone decides it’s a problem they really don’t want to solve.
My reaction was similar when I saw an article about it (link below)
There has been a disappointing silence across our Delaware local media and political discourse about the likelihood of state secrecy around our LLCs allowing the Russian oligarchs to hide their now-sanctioned loot in our system.
Are they? Aren’t they? Anyone give a crap down there in Dover?
Search for Russian Oligarch Wealth Hits a Wall in SF, Thanks to City’s Disregard for Public Records Laws
https://sfstandard.com/city-hall/search-for-russian-oligarch-wealth-hits-a-wall-in-sf-thanks-to-citys-disregard-for-public-records-laws/?fbclid=IwAR3ml-XUz8LPe5aooDes_83g_Vi_8IAg0iHJbMmUynvPLG1KrsS_QIMo7o8
Nancy, I’m halfway convinced that someone from the Secretary of State’s office indoctrinates new legislators into the one truism that must not ever pass their lips–that Delaware’s economic engine is driven by shell corporations and untraceable paper transactions.
In fact, I’m MORE than halfway convinced that happens.
When I was first poking my nose down there, I remember shock at hearing that House Speaker Terry Spence had threatened the newbies that they should forget about trying to write up a piece of legislation or something to that effect.
It looks like the News Journal wrote it up – you must remember this!
The News Journal from Wilmington, Delaware on November 9, 2004 …http://delawareonline.newspapers.com › newspage
… legislative friction between House Republi- House Speaker Terry Spence said he … Adams said Monday he was pleased Spence has decided to allow freshman …
oops double posted
Why do you think Republicans hated Russia when it was communist and loved it once it turned kleptocracy? Dirty money accumulates interest at exactly the same rate as clean money.
Kleptocracy is the GOP’s form of government. They get their limp-brained minions to care more about what bathrooms the transgendered use — something the government really can’t do anything about — than the trillions they steal from their pockets.