Home » Li Zhengkuan: Swiss Bank sanctioned Russia’s Zhongnanhai? | Violent invasion of Taiwan | Russian-Ukrainian war | Freezing assets

Li Zhengkuan: Swiss Bank sanctioned Russia’s Zhongnanhai? | Violent invasion of Taiwan | Russian-Ukrainian war | Freezing assets

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Li Zhengkuan: Swiss Bank sanctioned Russia’s Zhongnanhai? | Violent invasion of Taiwan | Russian-Ukrainian war | Freezing assets

[Epoch Times, March 02, 2022]If the CCP authorities are still trying to figure out what sanctions the international community will impose on those who invade Taiwan by force, then the measures taken by the free society in response to the “Russian-Ukrainian war” are a ready-made solution. demo.

So far, Europe, the United States, and Japan have announced that they will kick Russia out of the SWIFT international settlement system, and have frozen more than $640 billion in Russia’s foreign exchange reserves; at the same time, the United States has vowed to track down the assets of Russia’s oligarchs globally.

Recently, even Switzerland, a permanently neutral country, is no longer “neutral” and announced to freeze the assets of the Russian government and oligarchs in Switzerland. This move may not have much impact on the situation of the “Russian-Ukraine War”, but it is likely to make the CCP behind Russia tremble with fear.

In 2020, Russians held about $11.2 billion in assets in Switzerland, according to the Swiss National Bank. In contrast, the assets of senior CCP officials in Switzerland far exceed this amount. The difference is not several times, but hundreds of times!

In 2019, UBS released a report saying that 373 Chinese billionaires have assets of US$1.12 trillion (about 7.8 trillion yuan), with an average of US$3 billion (about 20.9 billion yuan) per person. This means that the combined money of almost four Chinese billionaires will exceed Russia’s assets in Switzerland in 2020.

In 2020, UBS and PricewaterhouseCoopers jointly released the annual billionaire report, showing that the number of billionaires in China has increased to 415, and their total assets have also increased to nearly 1.7 trillion US dollars, equivalent to more than 10 trillion. Yuan Renminbi.

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In fact, the figure released by the Swiss Bank is only a part of the overseas assets of the CCP dignitaries.

WikiLeaks disclosed a few years ago that senior CCP officials have about 5,000 accounts in Swiss banks, nearly 70% of which are held by CCP central-level officials. From the CCP’s vice premiers, bank governors, ministers to central committee members, almost everyone has an account.

For example, it is reported that after Jiang Jiemin, director of the SASAC and former chairman of PetroChina, was sacked in 2013, he confessed that he had used overseas oilfield acquisitions, oilfield equipment procurement and other projects to transfer benefits to the family of Zhou Yongkang, a former member of the Standing Committee of the Political Bureau of the Communist Party of China, amounting to more than US$10 billion. , and transferred these huge sums to Swiss banks.

And Guo Wengui, a wealthy mainland Chinese who lives in exile in the United States, broke the news that the state assets controlled by Jiang Zemin’s family amounted to at least US$1 trillion, and the laundered funds were as high as US$500 billion, most of which were transferred overseas.

According to Hong Kong’s “Open” magazine, as early as December 2002, the Swiss-based Bank for International Settlements discovered a huge amount of unclaimed funds amounting to more than $2 billion. Liu Jinbao, the former vice chairman of Bank of China and former president of BOC Hong Kong, confessed in prison that Jiang Zemin transferred the huge sum of money on the eve of the 16th National Congress of the Communist Party of China.

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For hundreds of years, due to Switzerland’s strict secrecy and neutral political stance, Swiss banks have been a “paradise” for the world‘s richest to avoid taxes. Many terrorists and criminal organizations are willing to deposit money in Swiss banks. Since the CCP usurped power, Swiss banks have always been the first choice for the CCP’s corrupt officials to store their stolen funds. Because of this, the small Switzerland manages as much as one-third of the world‘s wealth.

Recently, however, the situation has changed significantly, with Switzerland gradually abandoning its centuries-old system of confidentiality of bank customer information. In particular, the sanctions imposed on Russia by Swiss banks this time are equivalent to setting a precedent, which also means that the money of senior Chinese officials in Swiss banks is no longer as safe as before. Once the CCP goes too far and invades Taiwan, it will be punished similarly. This kind of sanction against the CCP’s elite is undoubtedly equivalent to hitting the CCP’s seven inches, and it is devastating to the CCP.

Not to mention that the CCP’s attack on Taiwan is far more difficult than Russia’s invasion of Ukraine. Even if it takes 10,000 steps back, the situation is really like “Ukraine today, Taiwan tomorrow” as the mouthpiece of the CCP clamored, so should Zhongnanhai also think about their upcoming meeting? The devastating consequences of right? Whether it wants to dig its own grave depends on the level of madness and stupidity of the CCP.

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Responsible editor: Gao Yi#

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