#Bangladesh #fascists #Banksters

"In the face of intense domestic civic protests, anti-corruption social movements, and massive pressure from international donor agencies, the Government of Bangladesh has finally been forced to back down. The Ministry of Finance and the central bank have taken a decision in principle to repeal a highly controversial legal provision that would have allowed former corrupt owners to regain control of distressed and bankrupt banks. This move is being hailed as a major moral victory for ordinary citizens and human rights defenders across the country.

Passed in haste on April 10, lawmakers had quietly inserted a contentious clause, Section 18(A), into the newly enacted Bank Resolution Act. The primary objective of this hidden provision was to provide a legal route for former bank owners- responsible for laundering and embezzling billions of public funds- to reclaim ownership of these institutions. While the decision to scrap this ‘black law’ has brought temporary relief to conscious citizens, public vigilance against the collusion between corporate interests and political power remains high.

(. . .)

The clause was craftily worded to state that if original shareholders ‘promised’ to repay the state-backed bailout funds injected during the rescue process, they could petition to have their shares, assets, and ownership returned. As soon as this loophole came to light, Bangladeshi civil society and social organizations erupted in anger.

Civil rights forums, including Transparency International Bangladesh (TIB), issued stark warnings that implementing this clause amounted to rewarding criminals and turning the country’s banking sector into a permanent sanctuary for plunderers. Public outrage intensified over a fundamental question: Why should state funds be used to rehabilitate the very financial oligarchs whose greed has prevented ordinary citizens from withdrawing their own money from banks?"

https://www.pressenza.com/2026/06/peoples-resistance-triumphs-bangladesh-government-forced-to-scrap-controversial-law-rehabilitating-bank-plunderers/

People's Resistance Triumphs: Bangladesh Government Forced to Scrap Controversial Law Rehabilitating Bank Plunderers

By Mynul Hasan Sohel (Dhaka Bureau) In the face of intense domestic civic protests, anti-corruption social movements, and massive pressure from

Pressenza

does ICE need warehouses?

fraud perpetrated on US tax payers to buy money-losing properties from Trump backers, at a hefty mark-up over their market value.

https://www.youtube.com/shorts/Ox7eagAO_D4

#fraud #graft #trump #ice #banksters

We Tracked Down Who's Getting Rich Off ICE Warehouse Deals

YouTube

#banksters #AI

"Bank boss sorry after describing workers as 'lower value human capital'

The boss of Standard Chartered has apologised after describing employees whose jobs are vulnerable to being replaced by artificial intelligence (AI) as 'lower value human capital'.

Discussing how automation was likely to lead to thousands of job cuts at the bank at a recent conference, Bill Winters said it wasn't about cost cutting but 'replacing, in some cases, lower value, human capital, with the financial capital and the investment capital that we're putting in'.

He later sought to contextualise the remarks via LinkedIn and said he was sorry for his wording, which had 'caused upset to some colleagues'.

He said he was committed to helping staff 'cope with the accelerating pace of change'.
The rise of AI tools has led to predictions of huge job losses, particularly for tech workers and graduates.

Amazon, Meta and Microsoft, as well as financial services firms, have already blamed tens of thousands of layoffs on AI over the last year."

https://www.bbc.com/news/articles/c98rqld1j3yo

Bank boss sorry after describing workers as 'lower value human capital'

The Standard Chartered boss said he values all colleagues and is committed to helping them cope with change.

@rebekka_m @BernieSanders it was so secret they even closed the curtains, yes guys its like that, #AI is good with text but is largely used to justify layoffs in order to rehire later cheaper. Will there be #selfdriving #trucks ? Yes. #taxis yes. But that is just #capitalism destroying its #customerbase
#longterm this #planet belongs to everybody not the 1% #papermoney #banksters and #monopoly players that inherited billions and do not know how to put it to good use, #systemA is failing

“The #Epstein revelations are symptoms of a deeper crisis: a political #economy that rewards extraction over creation and concentrates #power in ever fewer hands.”
#Inequality #Capitalism #Neoliberalism #Finance #Corruption #Secrecy #banksters

Extreme inequality created the world Epstein exploited
https://www.socialeurope.eu/extreme-inequality-created-the-world-jeffrey-epstein-exploited

Extreme Inequality Created the World Jeffrey Epstein Exploited

The Epstein revelations are symptoms of a deeper crisis: a political economy that rewards extraction over creation and concentrates power in ever fewer hands.

Social Europe
“The state of the public realm shows that #capitalism with a secrecy system has become increasingly hard for a democratic polity to hold accountable.”
How Financial Secrecy Undermines #Democracy.
#Banksters #Corporatocracy #finance #EU
https://www.journalofdemocracy.org/articles/how-financial-secrecy-undermines-democracy/
How Financial Secrecy Undermines Democracy | Journal of Democracy

An expansive underworld of hidden wealth lies beneath the everyday economy. This stealth network of tax havens, secret trusts, and offshore accounts is weakening democratic institutions and fueling…

Journal of Democracy

RE: https://mastodon.quebec/@ledevoir/116534712755772732

Mafia politique - Côté détournement de fonds publics, là, il est clair comme du cristal que le Québec n'est pas la France, que la corruption des élus n'y est ni la norme, ni le but.

Il reste donc bien plus d'honnêteté, de déontologie, de justice et de démocratie à #quebec qu'à #paris même si aucun pays ne peut être parfait.

La #corruption est un pilier fondamental des mafias crapuleuses et des fascismes (pléonasme).

#macronie #mafia #banksters #politique #france

Why the working class suffers:
“Inside the untouchable bank in Basel that directs central banks, writes the rules of global finance, and designs the future of money — without a single vote cast by the public”
#BIS #fascism #classwar #banksters #AntiDemocratic
https://epublications.substack.com/p/the-boss-behind-the-boss-how-the
The Boss Behind the Boss: How the Bank of International Settlements (BIS) Quietly Governs the World

Inside the untouchable bank in Basel that directs central banks, writes the rules of global finance, and designs the future of money — without a single vote cast by the public

CONTEXT & CLARITY