live#FLAGSHP Taking back the Constitution of 1789 in the ... · 12/15/2015 · Subject: Fwd: Case...
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1 Tuesday, December 15, 2015 http://www.dctv.org/live#FLAGSHP Taking back the Constitution of 1789 in the United States https://s3.amazonaws.com/khudes/Twitter12.4.15.2.pdf https://www.youtube.com/watch?v=F-2Rfuq8NBU#t=527 transcript: https://s3.amazonaws.com/khudes/691+-+The+Bankster%27s+Scene+- +with+Whistleblower+Karen+Hudes.pdf
Transcript of live#FLAGSHP Taking back the Constitution of 1789 in the ... · 12/15/2015 · Subject: Fwd: Case...
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Tuesday, December 15, 2015
http://www.dctv.org/live#FLAGSHP
Taking back the Constitution of 1789 in the United States
https://s3.amazonaws.com/khudes/Twitter12.4.15.2.pdf
https://www.youtube.com/watch?v=F-2Rfuq8NBU#t=527
transcript: https://s3.amazonaws.com/khudes/691+-+The+Bankster%27s+Scene+-+with+Whistleblower+Karen+Hudes.pdf
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---------- Forwarded message ---------- From: Karen Hudes Date: Tue, Dec 15, 2015 at 6:53 AM Subject: Following up on my telephone message To: [email protected] Cc: Minister of Finance of another African nation whom I spoke to personally for one half hour on October 8, 2015 during the World Bank Annual meetings in Lima, Peru
Dear Mr. Bongani Majola,
The correspondence with South Africa is on page 292 https://s3.amazonaws.com/khudes/Alternative+to+WWIII.pdf
As Chair of the G-77, South Africa's Finance Minister, Mr. Pravin Gordhan, has a role to play in the coalition for the rule of law on the Board of Governors of the World Bank and International Monetary Fund. I am discussing this role on television tonight. Here is the teleprompter for the show, which will air live over the internet 16.12.15 @ 1:00 AM (UTC/GMT +2 hours) https://s3.amazonaws.com/khudes/dctvteleprompt12.15.pdf
@KarenHudes 49m49 minutes ago
The Network of Global Corporate Control 6:00 PM EST Today
http://www.dctv.org/live#FLAGSHP Taking Back the US Constitution
https://s3.amazonaws.com/khudes/Twitter12.15.15.pdf
Sincerely, Karen Hudes Acting General Counsel International Bank for Reconstruction and Development Legal Counsel Global Debt Facility, TVM-LSM-666
http://presswire.com/content/1324064/board-governors-world-bank-and-imf-announce-transition-asset-backed-currencies
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Board of Governors of World Bank and IMF
announce transition to asset-backed
currencies
[PRESSWIRE] Washington DC, United States - 09 March 2015 - The Board of Governors of the World Bank and IMF announced that fractional reserve fiat currencies will be replaced with gold from a trust created at the end of World War II.
Jose Rizal, Superior General of the Society of Jesus, and his lawyer, Ferdinand Marcos, established this trust for the benefit of humanity. The trust also contains other precious metals, gems, and artwork.
The Federal Reserve and the US Treasury do not possess the monetary gold reserves of the United States; these reserves are in the trust administered for the benefit of humanity by the Bretton Woods institutions. Instead, the Federal Reserve owes quadrillions in compound interest on obligations issued during the 1930s.
The Board of Governors has filed Financing Statements with the Secretaries of State in the 12 states where the Federal Reserve Banks are located to secure this debt. National debts are going to be offset against the indebtedness of the Federal Reserve.
Antal Fekete, a monetary expert of the New Austrian School of Economics, said: "A negative gold basis tells you that there is an excruciating shortage of deliverable gold."
The Board of Governors determined that the fractional reserve fiat currency of each country is going to be exchanged for their national currency in aurum (http://www.peakprosperity.com/podcast/84359/new-way-hold-gold). Treasuries will issue gold certificates on an interim basis. The certificates will be replaced with aurum as they are minted.
With restored confidence in international currencies, peace and prosperity will be preserved. Legal tender laws will go out of effect, and local currencies will be permitted. Countries may also issue asset-backed currency with other commodities than gold.
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The Bretton Woods institutions held the trust secret for 50 years so that the assets were clear and free for humanity as a whole under the statute of limitations.
The 50 years of sequestration ended in 2005. A coalition for the rule of law has come into existence to end the secrecy and to safeguard humanity's patrimony. This coalition was predicted by an accurate power transition model developed for the US Department of Defense by Jacek Kugler (https://s3.amazonaws.com/khudes/sentia+model.pdf).
The fractional reserve fiat currencies of the central bank members of the Bank for International Settlements will continue to circulate until they are exchanged with aurum.
Karen Hudes, the Acting General Counsel of the International Bank for Reconstruction and Development, is legal counsel to the trust.
Contact:
Karen Hudes
karenhudes at hotmail dot com
Phone: ＋1 202 316 0684
www.kahudes.net ENDS Date: Monday, March 9, 2015
From: [email protected] To: [email protected] Cc: [email protected]; [email protected] Sent: Wed, Nov 3, 2010 4:39 am Subject: Re: Contempt of Congress by the International Bank for Reconstruction and Development
Dear Brad, I trust that the cover-up on the Philippines Banking Sector Reform Loan is now history? Best, Karen
-----Original Message----- From:Karen Hudes To: [email protected] Sent: Tue, Nov 2, 2010 8:23 pm Subject: Re: Contempt of Congress by the International Bank for Reconstruction and Development
Dear Mark, Treasury cannot lead and its role cannot be dispositive when Treasury refuses a proper response to concerns of Congress and US allies due to breaches in the International Bank for Reconstruction and
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Development Articles of Agreement. State has abdicated its role on the National Advisory Council on International Monetary and Financial Policies by permitting the cover-up on the Philippines Banking Sector Reform Loan to continue. Why hasn't State responded to the concerns of US allies and other members of the World Bank as the crisis has escalated through the years since the Senate Committee on Foreign Relations and my Congressman, Chris Van Hollen, wrote four letters to IBRD on the cover-up? The Executive Directors who chair the committees of the IBRD's Board, including Jaiyi Zou, the former Executive Director of China, who was then chair of the Board Committee on Development Effectiveness, the current chairs of the Audit and Ethics Committees of IBRD's Board of Executive Directors, as well as staff of the EC's anti-fraud agency, OLAF, and most recently on September 28th the UK Serious Fraud Office have each asked me to bring about a correct response from the World Bank's oversight agencies in the US. State is necessarily involved when there are outstanding corporate governance irregularities in a public international organization that is a major issuer of bonds on the capital market. As in any cover-up, legal documents have been altered in contemplation of litigation, and disclosures that were required to be made to the Board have been suppressed. Senator Lugar defended the moral authority of the US during the hearings on the capital increase for the World Bank by demanding the World Bank to end its stonewalling of the GAO inquiry into transparency at the World Bank requested in 2008 and stating that the funds for the capital increase would not be disbursed until the necessary reforms were implemented. Is State also in contempt of Congress? Sincerely, Karen Hudes
-----Original Message----- From: Kissel, Mark E <[email protected]> To: [email protected] Sent: Tue, Nov 2, 2010 5:58 pm Subject: RE: Contempt of Congress by the International Bank for Reconstruction and Development
Karen, Thanks for your message regarding your case. As we previously discussed, the U.S. government contact for your case is Treasury’s legal advisor as Treasury has the lead role with the multilateral development banks. Best regards, MEK
From: Karen Hudes Sent: Tuesday, November 02, 2010 9:35 AM To: Kissel, Mark E
Cc: Jacek Kugler Subject: Re: Contempt of Congress by the International Bank for Reconstruction and Development Dear Mark, I spoke yesterday to counsel for KPMG about the need to preserve the moral authority of the United States by settling my Sarbanes-Oxley case through reversing my illegal firing and my prompt reinstatement at the World Bank. I will be happy to translate the email from the staffmember on the European Parliament. Sincerely, Karen Hudes
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-----Original Message----- From: Waskey, Jason <[email protected]>
To: Karen Hudes
Sent: Tue, Oct 26, 2010 8:42 pm Subject: RE: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed
Thanks Karen!
--
Jason Waskey
Maryland State Director
Organizing for America
www.dnc.org
301-219-9238 (cell)
________________________________________
From: [email protected] [[email protected]]
Sent: Tuesday, October 26, 2010 11:36 AM
To: Waskey, Jason; [email protected]
Subject: Fwd: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et
al,
Summons Returned Executed
Jason,
This email should end the cover-up on the Philippines Banking Sector
Reform Loan and associated ethics violations at the World Bank. Thanks again
for all your help with this. It made all the difference.
Best,
Karen
-----Original Message-----
From: Karen Hudes
To: Ries Baeten
Sent: Wed, Oct 27, 2010 3:26 am Subject: Re: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed Ries, Mischien had Nick Ilett het over Leonard McCarthy. De pers blijft altijd raadeloos op het slechte spoor en durft de waarheid niet aan te rakken. Sunil Chacko, ook een klokkenluider van de wereldbank, stelde voor dat ik blog op de Vanguard Online Edition, maar mijn commentaar is niet gepost. translation: Maybe Nick Ilett was talking about Leonard McCarthy. The press is continuing to be clueless and doesn't dare to touch the truth. Another whistleblower from the World Bank asked me to comment on the Vanguard Online Edition, but my comment didn't post. Karen ---------- Forwarded message ---------- From: Sunil Chacko Date: Mon, Oct 25, 2010 at 5:01 PM Subject: Re: Incredible To: Karen Hudes <[email protected]> Thanks for taking the time to write a comment, Karen! Best, Sunil
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On Mon, Oct 25, 2010 at 11:58 AM, Karen Hudes wrote: Here's my comment. Let's see if this posts. The World Bank's Institutional Integrity Department is used as a political tool to quell dissent within the World Bank. The Government Accountability Project, an NGO that represents whistleblowers, complained to the Board on Professional Responsibility of the DC Court of Appeals when Suzanne Folsom, the former head of the Institutional Integrity Department, tried to cover up the Institutional Integrity Department's political agenda. http://www.whistleblower.org/press/press-release-archive/484-bar-complaint-charges-former-world-bank-official-with-ethics-violations
Leonard McCarthy, the current head of the World Bank's Institutional Integrity Department, is known for abuse of prosecutorial discretion for political aims. The former head of South Africa's directorate of special operations led the investigation into the President of South Africa, Jacob Zuma, who was then head of the ANC. In April 2009 South African prosecutors announced that they had evidence Mr. McCarthy and Bulelani Ngcuka, a key ally of the former President Thabo Mbeki, had sought to influence the timing of the case. http://www.telegraph.co.uk/news/worldnews/africaandindianocean/southafrica/5121985/World-Bank-official-faces-possible-criminal-probe-over-Jacob-Zuma.html
Leonard McCarthy is up to the same shenanigans as head of the World Bank's Institutional Integrity Department. Under McCarthy's leadership, the Institutional Integrity Department attacked the General Counsel of the International Finance Corporation. McCarthy also attacked another World Bank whistleblower who reported corruption in the Philippines. Joseph Estrada, the corrupt President of the Philippines, had to return the graft he stole.
On Sat, Oct 23, 2010 at 9:22 PM, Sunil Chacko wrote: Thanks, Karen. Best, Sunil
On Sat, Oct 23, 2010 at 8:21 AM, Karen Hudes wrote: Sunil, Thanks for forwarding the article. I am in New York at a conference, but will try and blog a comment to the article tomorrow. I have lots of news about my international law colleagues, and looking forward to updating you on this. I served KPMG in my lawsuit on Thursday. Pelosi's legal adviser told me my judge in the US District Court for the District of Columbia is excellent. Best, Karen
On Fri, Oct 22, 2010 at 7:14 PM, Sunil Chacko wrote: http://www.vanguardngr.com/2010/10/world-bank-report-highlights-strong-year-of-progress-in-managing-corruption-risks/ -----Original Message----- From: ries baeten
To: Karen Hudes
Sent: Tue, Oct 26, 2010 5:38 pm Subject: RE: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed Vandaag hoorde de begrotingscontrolecommissie van het EP twee kandidaten voor de post van directeur-generaal van OLAF. Nick Ilett liet zich ontvallen dat er bij OLAF misschien wel problemen zijn, maar niet te vergelijken met de problemen bij bv. de VN of de Wereldbank. Ben benieuwd waar hij op doelde... Maar als we hem daarnaar gevraagd hadden dan zou hij ongetwijfeld diplomatiek hebben geantwoord dat hij daarover niet spreken kan.
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Donderdag moeten we onze voorstellen indienen voor timings van de hoorzittingen in 2011. Snel daarna hoop ik meer te weten over de voorgestelde data, ook over de voorstellen van anderen bedoel ik. Onze eerstvolgende vergadering is misschien op 9 november, al zal die met name gewijd zijn aan het jaarverslag van de Europese rekenkamer (nog niet met Gijs de Vries, maar hij wordt wel het NL lid vanaf 1 januari; misschien ken je hem?). translation: Today the Budget Committee of the European Parliament heard two candidates for the job of Director General of OLAF [European Anti-Fraud Office]. Nick Ilett allowed as to how there might be problems, but not nearly as bad as the problems at the World Bank or the UN. I am curious what he was referring to. But if we had followed up with questions, then he would have most certainly answered that he was not able to talk about it.
To: ries baeten
Subject: Fwd: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed Date: Tue, 26 Oct 2010 15:14:07 -0400
From: Karen Hudes
Ries, Almofadhi is voorzitter van het Audit Comite in de Wereldbank, Barry Collins is Principal Intelligence Officer in het UK Serious Fraud Office, Cory Gill werkt voor Senator Lugar, Chris Armstrong werkt voor Senator Grassley, Bill Dauster is Hoofd van het Juridische afdeling in het Senate Finance Comite, Joe Onek werkt voor Nancy Pelosi, Arevalo is Assistant Director, Enforcement Matters, in de SEC Office of International Affairs, en Peter Schleck is Hoofd van Internal Oversight and Performance Assurance in PCAOB. Ik ben benieuwd. translation: Almofadhi is chair of the Audit Committee of the World Bank, Barry Collins is Principal Intelligence Officer in the UK Serious Fraud Office, Cory Gill works for Senator Lugar, Chris Armstrong works for Senator Grassley, Bill Dauster is Head of the legal department in the Senate Finance Committee, Joe Onek works for Nancy Pelosi, Arevalo is Assistant Director, Enforcement Matters, in the SEC Office of International Affairs, and Peter Schleck is Head of Internal Oversight and Performance Assurance in PCAOB. I am curious. Beste, Karen
-----Original Message----- From: [email protected] To: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Sent: Tue, Oct 26, 2010 11:07 am Subject: Re: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed
KPMG's response is due November 12, 2010 to the attached complaint in US District Court for the District of Columbia that KPMG's external audit of IBRD's internal control over financial reporting does not comply with Public Company Accounting Oversight Board's Auditing Standards Nos. 2 and 5 in violation of Section 11 of the Securities Act, 15 U.S.C. §77(k)(a)(4), because KPMG failed to consider my reports of IBRD's control lapses to IBRD's Audit Committee or the US Congress. Sincerely, Karen
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-----Original Message----- From: [email protected] To: [email protected] Sent: Tue, Oct 26, 2010 10:25 am Subject: Activity in Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed
This is an automatic e-mail message generated by the CM/ECF system. Please DO NOT RESPOND to this e-mail because the mail box is unattended. ***NOTE TO PUBLIC ACCESS USERS*** Judicial Conference of the United States policy permits attorneys of record and parties in a case (including pro se litigants) to receive one free electronic copy of all documents filed electronically, if receipt is required by law or directed by the filer. PACER access fees apply to all other users. To avoid later charges, download a copy of each document during this first viewing. However, if the referenced document is a transcript, the free copy and 30 page limit do not apply.
U.S. District Court District of Columbia
Notice of Electronic Filing The following transaction was entered by Hudes, Karen on 10/26/2010 at 10:25 AM and filed on 10/26/2010
Case Name: HUDES vs. AETNA LIFE INSURANCE CO. et al,
Case Number: 1:10-cv-01444-RMC
Filer:
Document Number: 53
RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed. KPMG LLP served on 10/21/2010, answer due 11/12/2010 (Hudes, Karen) 1:10-cv-01444-RMC Notice has been electronically mailed to: Bryan D. Bolton [email protected], [email protected], [email protected], [email protected] David S. Petron [email protected] Jeffrey T. Green [email protected], [email protected], [email protected] Karen Alexandra Hudes [email protected] Michael P. Cunningham [email protected], [email protected] Stanley James Reed [email protected] 1:10-cv-01444-RMC Notice will be delivered by other means to:: KAREN HUDES 5203 Falmouth Road Bethesda, MD 20816 The following document(s) are associated with this transaction:
Document description:Main Document Original filename:suppressed Electronic document Stamp:
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[STAMP dcecfStamp_ID=973800458 [Date=10/26/2010] [FileNumber=2713316-0 ] [6ee4497564670d696867e5b71a324812de9a0559b7cecea132eb745a7501fe92a8d 8ec68357a30d55f60462b4ec48e56237a92991d02886c023e63a18067cb1a]]
-----Original Message-----
From: Karen Hudes
To: Larry Garrison
Sent: Tue, Nov 2, 2010 9:13 am Subject: Re: Contempt of Congress by the International Bank for Reconstruction and Development
Dear Larry, Just to bring you up to date on my activities. Yesterday I sent to the Senate Finance Committee's General Counsel a stakeholder analysis which predicted an end to the US ability to appoint the President of the World Bank six years before that happened. The president of the firm that ran the stakeholder analysis (Jacek Kugler) advises the defense and intelligence communities, and he is still involved in my efforts to get the US to protect the economic recovery and ties with allies through respecting multilateral treaty obligations at the World Bank. The lawyer representing KPMG called me yesterday to ask for an extension of time in answering the complaint on my case in US District Court for DC. Any word from ABC? Best, Karen -----Original Message-----
From: Karen Hudes
To: [email protected] Sent: Mon, Nov 1, 2010 2:52 pm Subject: Re: Contempt of Congress by the International Bank for Reconstruction and Development
Dear Bill, The UK Serious Fraud Office called the SEC on the unresolved Sarbanes-Oxley cover up at the World Bank last week following my meeting with Barry Collins, Principal Intelligence Officer, on September 28, 2010. The SEC is undoubtedly looking to Congress for support in tackling the governance crisis at IBRD. US moral authority is on the line, as well as Congressional oversight authority. The governance crisis at the World Bank is now evidenced by the decentralization of World Bank jobs away from Washington. I previously asked Tom Caballero in Senate Legal Counsel to end the Sarbanes-Oxley cover-up at the International Bank for Reconstruction and Development by issuing a subpoena to Russell Reynolds, to find out what advice that firm provided when they worked with IBRD in 2006 on the executive search for General Counsel. On May 8, 2006 I told Denise Grant of internal control lapses and the cover-up on the Philippines Banking Sector Reform Loan in response to her question why there was such a high turn over in General Counsels at IBRD. Tom said that he needed a request from Congressional staff for this. There is a governance crisis in the American Branch of ILA mirroring the governance crisis at the World Bank. Last year, together with another lawyer fired illegally from the World Bank's legal department (who is on a first-name basis with Angela Merkel), I published an article on the World Bank. Ruth Wedgwood, the American Branch's new President, was elected recently. Ruth is a
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classmate of mine from Yale Law School who worked with me in trying to prevent Paul Wolfowitz from making a big mistake in Chad. Ruth is a Professor of International Law at Johns Hopkins SAIS. I hope you can help with this. Attached is email correspondence with the ILA's former Executive Secretary. Best, Karen -----Original Message-----
From: Karen Hudes
To: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected] Sent: Mon, Nov 1, 2010 1:15 pm Subject: Interdisciplinary Approach to International Law Per your request after the panel on War, Philosophy, and International Law at the International Law Weekend, I am forwarding information about a political science model with an accuracy rate over 90% used in defense and intelligence communities. This model predicted 6 years ago (see attached) that the US would lose the gentleman's agreement for appointment of the President of the World Bank if the US did not observe multilateral obligations in the World Bank's Articles of Agreement. I have been working with Jacek Kugler, President of the Sentia Group, and other international lawyers active in the International Law Association. Together with another former lawyer from the World Bank's legal department, Sabine Schlemmer-Schulte, I published an Article on these issues: "Accountability In Bretton Woods", 15 ILSA Journal of International & Comparative Law, 501 (2009). http://nsulaw.nova.edu/orgs/ILSAJournal/documents/15-2.pdf. The same model predicted serious consequences to US alliances from delays in shifting to multilateralism: http://www.allacademic.com//meta/p_mla_apa_research_citation/0/7/4/2/7/pages74272/p74272-1.php I would be glad to provide further information if you are interested, and grateful if you could suggest persons in the war colleges with whom I could continue this dialogue. Sincerely, Karen Hudes -----Original Message-----
From: Karen Hudes
To: [email protected]; [email protected] Sent: Sat, Oct 30, 2010 12:46 pm Subject: Re: American Branch of the International Law Association - Committee on Multilateralism and Accountability of International Organizations
Dear Scott and Fred, I also want to bring you up to date on the attempt to establish a global partnership on rule of law at the World Bank. Jason Waskey, who is the Maryland State Director of President Obama's Organizing for America, informed me that he had contacted "appropriate persons" about my suggestion that there would be bipartisan support for rule of law at the World Bank prior to Senator Lugar's report on the World Bank in March. Senator Lugar demanded reform before releasing any funding for the World Bank during September 15 hearings on the World Bank's capital increase. I am forwarding Jason's acknowledgement of my email informing him of the lawsuit against KPMG in connection with KPMG's defective audit of the World Bank's internal controls. I have been in contact with the American Bar Association, the Swedish International Legal Assistance Consortium, and the Library of Congress on the global partnership.
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I am also forwarding recent correspondence with US, UK and EC authorities, as well as a German lawyer on the Committee on Multilateralism who was with me in the World Bank's legal department. Best, Karen -----Original Message-----
From: Larry Garrison
To: Karen Hudes
Sent: Thu, Oct 28, 2010 7:55 pm Subject: In at Network as discussed
Just got this back from ABC Larry
Got it…will look into this
Dependent on info, obviously
-----Original Message----- From: Larry Garrison To: Karen Hudes Sent: Wed, Oct 27, 2010 1:55 pm Subject: Approve Please Karen:
I am going to send this to magazine shows. How is it? If that does not work I will do a press release with your name. If people contact you you would then need to send them to me first.
Larry CORRUPTION AT THE WORLD BANK/“THE WHISTLEBLOWER” Karen is a graduate of Yale Law School, who spent 20 years at the World Bank as an attorney fighting poverty. She spoke out to Senators Obama, Biden, Clinton, Lugar and Grassley in the Committees on Foreign Relations and Finance to report a cover-up and corruption at the World Bank in 2006. The World Bank rated its own role as satisfactory in a project in the Philippines that ended in a $500 million banking failure and the corrupt take-over of the second largest bank in the Philippines. After Joseph Estrada, President of the Philippines, was impeached, Senator Lugar wrote three letters requesting an end to the cover-up. In retaliation and contempt of Congress, the World Bank altered documents to fire Karen. Senator Lugar, together with Senators Bayh and Leahy, requested the Government Accountability Office to look into transparency at the World Bank. GAO had to call off the inquiry when the World Bank refused to cooperate. Karen has documents to prove her position as 'THE WHISTLEBLOWER', and the Chairs of the World Bank's Audit Committee, Ethics Committee, and Committee on Governance asked Karen to use rule of law in the US to correct this injustice. In February she told President Obama's Organizing for America that there was bipartisan support to preserve the US' moral authority at the World Bank. In March Organizing for America told her "appropriate persons," were reviewing her case, and that month Senator Lugar published a report on the World Bank. Finally, during September 15, 2010 hearings on the World Bank, the Senate Committee on Foreign Relations refused to appropriate a capital increase until the World Bank implements transparency reforms required in legislation passed by Congress in 2005. "The Bank runs the risk of being caught with its pants down (in an area where it is lecturing the developing world on how to dress)," warned Pieter Stek, the former Dutch Executive Director and chair of the World Bank's
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Audit Committee. Last year the World Bank's Audit Committee appointed KPMG to audit the World Bank's internal controls. When KPMG refused to end the cover-up, the former Controller of the World Bank put Karen in touch with the International Federation of Accountants. The Chairman of the Securities and Exchange Commission and the Public Company Accounting Oversight Board are required under the securities laws to end the cover-up at the World Bank, with $110 billion in bonds on the securities markets. Karen met on September 28, 2010 with the UK Serious Fraud Office, and they spoke to the SEC on her case the following week. The US District Court for the District of Columbia allowed Karen to add KPMG yesterday in a Sarbanes-Oxley lawsuit against the World Bank for failing to observe Generally Accepted Audit Standards. Many eminent lawyers are working with Karen and former lawyers in the World Bank's legal department, Ambassadors, and the US Congress, to protect US' credibility with the other 186 member countries at the World Bank. The US customarily appoints the President of the World Bank under a "Gentleman's Agreement". As shown by the attached correspondence with OLAF, the European Community is aware of the problems in fighting corruption at the World Bank. Because of the governance crisis at the World Bank, the rest of the world is demanding an end to US appointment of the World Bank's President and decentralization of jobs away from Washington -----Original Message-----
From: Karen Hudes
To: Larry Garrison
Sent: Tue, Oct 26, 2010 8:53 pm Subject: Re: Governance Crisis at the World Bank
Dear Larry, Thanks for talking with me. I am forwarding an email I just received from the Maryland State Director of Organizing for America on the cover-up. Best, Karen -----Original Message-----
From: Karen Hudes
To: Larry Garrison
Sent: Tue, Oct 26, 2010 2:58 pm Subject: Fwd: Case 1:10-cv-01444-RMC HUDES vs. AETNA LIFE INSURANCE CO. et al, Summons Returned Executed
Larry, Jules Muis is the former Controller at the World Bank and the European Community, Pieter Stek is the former representative of the Dutch Government on the Board of Executive Directors, Mr. Almofadhi chairs the World Bank's Audit Committee, Cory is Senator Lugar's Aide, Chris is Senator Grassley's Aide, Bill Dauster is the General Counsel of the Senate Finance Committee, Joe Onek is Nancy Pelosi's Legal Adviser, Mr. Arevalo is Assistant Director, Enforcement Matters, in the SEC's Office of International Affairs, and Peter Schleck is Director of the Office of Internal Oversight and Performance Assurance of the PCAOB. Could you call me or can I reach you by phone? Best, Karen
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-----Original Message-----
From: Karen Hudes
To: [email protected] Cc: [email protected]; [email protected]; [email protected]; [email protected] Sent: Tue, Oct 12, 2010 10:37 am Subject: Sarbanes-Oxley Cover Up at the World Bank
Dear Mr. Arevalo, I understand that Mr. Collins of the UK Serious Fraud Office called you yesterday during the Colombus Day Federal holiday. As agreed, I will call you after you have spoken to Mr. Collins. The shareholders' statements at the recently concluded World Bank and IMF Annual Meetings are at: http://web.worldbank.org/WBSITE/EXTERNAL/DEVCOMMEXT/0,,menuPK:60001657~pagePK:64001141~piPK:64001176~theSitePK:277473,00.html Do the SEC and PCAOB intend to allow KPMG's defective audit of the Bank's internal controls commissioned by the World Bank's Audit Committee to stand? The International Federation of Accountants is fully briefed on corporate governance irregularities documented in the Sarbanes-Oxley cover up on the Philippines Banking Sector Reform Loan.
If Mr. Zoellick's successor is not an American, is the US Executive Director likely to have access to the necessary information to fulfill his oversight function? Staff are on record that they will not report misconduct because the World Bank did not comply with the requirement for external arbitration in US appropriations legislation.
Does the US agree to decentralization of World Bank jobs away from Washington? US breach of the Articles of Agreement and corporate governance irregularities fuel calls for decentralization away from Washington.
Will GAO find the World Bank effective and efficient and not wasting US taxpayer dollars with impaired legal and ethics functions documented in the unresolved cover-up on the Philippines Banking Sector Reform Loan? Congress is requiring completion of the GAO study on transparency at the World Bank and implementation of satisfactory reform measures before releasing the World Bank's capital increase. http://foreign.senate.gov/hearings/hearing/?id=33c66777-5056-a032-525a-a0a5806634e9
How will performances of the Board and President called for by shareholders be rated when corporate governance irregularities have not been addressed?
How is the NATO alliance affected by the ongoing corporate governance crisis at the World Bank?
I am hand carrying the documents at www.clearviewconnects.com, log-in 30795, password 72efr7b4: breachofarticles.pdf, contemptofcongress1.pdf, contemptofcongress2.pdf
Best, Karen Law Offices of Karen Hudes
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-----Original Message----- From: [email protected] To: [email protected] Sent: Thu, Aug 6, 2009 9:01 am Subject: Re: The Mandate of the Board of Executive Directors
Dear Mr. Aass, The Board was never informed of the World Bank's failed supervision on the Philippines Banking Sector Reform Loan. I was fired in retaliation for trying to preserve the authority of the Board under the Articles of Agreement. HRS has misinformed the US authorities about the terms of my illegal separation from the World Bank. The Board has never considered INT's or the Office of Ethics and Business Conduct's role in perpetuating the cover-up to the Board of Executive Directors. EBC is now violating the Bank's whistleblower policy by conducting a review of its own malfeasance. The World Bank's conflict resolution system is unable to resolve these corporate governance issues involving the mandate of the Board of Executive Directors. Staff are too intimidated to report misconduct after I was fired illegally. I attach relevant documentation and would appreciate your assistance in bringing these issues before COGAM for proper resolution. Sincerely, Karen Hudes
