Tymoshenko Accuses President Of Covering Up Illicit Banking Ops

KIEV, Ukraine -- Ukraine's Prime Minister Yulia Tymoshenko, a former ally of President Viktor Yushchenko who has turned into his staunch critic, on Thursday accused him of covering up wildcat operations of the National Bank.

Yulia Tymoshenko at a press conference on December 18, 2008.

"These people understand they are losing the remainders of state power and that's why they are acting along the principle of "the worst is the best" so as to rip off billion-size profits from this crisis and the Ukrainian people's problems," she said at a news briefing.

Tymoshenko said she has the materials on this gathered by the state commission for financial monitoring and the Finance Ministry.

"They will be submitted to a special interim investigating commission of the Verkhovna Rada, the national parliament, that must bring all that disgrace out into the open," she said.

Tymoshenko asked the Prosecutor General's Office and the Accounting Chamber to inspect the operations of the Kiev-based Nadra Banka bank and a number of other large commercial banks that have been involved in foreign currency speculations with the National Bank's assistance.

"I ask President Viktor Yushchenko to put an end to the speculations that derail the exchange rates of the hryvnia, the national currency," she said.

Unless the National Bank takes a decision to revert the hryvnia to the previous exchange rate corridor, materials gathered by the financial monitoring commission and the Finance Ministry will be submitted to international organizations that investigate machinations.

"All the compromises go away as of this minute and we'll act in an absolutely legitimate and transparent way," Tymoshenko said.

Earlier in the day, she accused the National Bank of currency speculations and the fall of the hryvnia and demanded that Yushchenko present to parliament a request to dismiss the National Bank President, Vladimir Stelmakh, and members of the bank's board of governors.

"The slide of the hryvnia was a prearranged operation that was supported by the National Bank," Tymoshenko claimed. "There are no objective reasons in this country for the hryvnia's fall versus the U.S. dollar."

She also warned that the Yulia Tymoshenko bloc's faction in the Verkhovna Rada will not take part in considering any issues until Stelmakh is dismissed.

"The President, Viktor Yushchenko, who appoints and dismisses the presidents of the National Bank, bears the full brunt of responsibility for the situation with the exchange rate," Tymoshenko said.

Source: ITAR-TASS

Comments

All of these enemies of the Ukrainian people (Yuschenko, Tymoshenko and other puppets of the decaying "superpower" America) will stand trial one day. I hope.
XP said…
The “Russian President”……now that’s fitting……lol
Its fools like you who keep this country down…..
It’s funny how stupid and ignorant people like you find every excuse to try to put America down…
Don’t hold your breath…..America is not decaying and it’s not going anywhere…..It will be the only country that Russia will always fear…
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