Sunday, December 6, 2015

The glencore coal scam of ukraine

During the conflict in east ukraine coal mines reduced output due to the ukrainian army targeting coal mines with artillery. This could be chalked up as a vindictive campaign against the people of donbass and luhansk but things are not what they appear. You see most of the coal mined in donbass actually goes to kiev controlled areas to feed their thermal powered power stations {DPR sells it on a cash and carry basis via middlemen} so you would think it would be in kiev's interested to ensure these mines are kept operational. However sections of the ukrainian army are under the control of oligarchs who finance them with cash and weapons so are available for service to these oligarchs and their companies.

One such company that appears to be behind the bombardments in east ukraine is a shadowy company called STELLA MONTH COMPANY which appears only to be a shell company signed contracts to provide south african coal to ukraine power stations. This coal was previously rejected by power stations as totally unsuitable for use in ukrainian power stations instead opting for the better quality coal from donbass even though kiev is at war in the east. Kiev was buying coal from DPR at approx $86-90 per ton however the contract signed by stella month plc would see the south african coal bought for $134 per ton which is unsuitable according to kiev's own findings

The company providing this coal is glencore xstrata  head quartered in baar switzerland who's ceo is triple australian/south african/israeli citizen ivan glasenberg and the chairman is tony hayward {yes from the bp gulf of mexico spill}. Ivan had used his connections in ukraine via switzerland as most of the ukrainian oligarchs use switzerland as their tax haven


These gangsters set up the stella month { incidentally a phrase often used in the uk} as a ukrainian shell company to sign a contract which defrauds the ukrainian government and with their contacts in the criminal gang they used bribes and intimidation to get ukraine to buy coal at $134 per ton when kiev was already getting coal at $86 per ton. Through their corrupt dealings and use of the ukrainian army these thugs effectively murdered hundreds of donbass people when they had the ukrainian army shell the mines and surrounding villages so they could scam the kiev junta once donbass coal mines were destroyed .

so yes tony i was a stella month...FOR YOU  .....but not for the people of donbass who were murdered and had their homes destroyed so you could make a quick buck




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