Claude Palmero, the disgraced ex-accountant for Prince Albert of Monaco, is posturing himself in the French media as a “victim” while spouting outright lies.
Writes Le Monde in the third part of their special investigation quoting the treacherous Palmero and his self-serving notebooks:
September 2008. Palmero had been working for the prince for three years. He was assigned to study issues of general interest relating to Monaco. In the midst of the subprime crisis, the state was bogged down in a colossal project, extension into the sea (15 hectares reclaimed from the Mediterranean), at a cost of €9.5 billion. On September 19, 2008, Palmero wrote: "HSH, a little preoccupied, gave me the whole file and asked me to discreetly write him a report."
"I have submitted two reports that conclude that the call for tenders was biased. (...) I urge HSH to remain suspicious," he wrote. The following October 9, there was another meeting in the prince's office: "It's better to stop everything," warned Palmero, who prevailed, if his notebooks are anything to go by.
The truth of the matter is very different indeed.
As Albert’s intelligence chief, this is what I witnessed:
Monaco’s government invited blue-chip vendors to bid for the construction of the Larvotto Project, a land reclamation project off Monte Carlo’s beach to build habitable space upon the sea. This project was similar to what Monaco had achieved decades earlier in a suburban spinoff called Fontvieille.
These vendors paid millions of euros in fees just to formulate their bids and become part of the selection process.
Except for one, none of the vendors knew that the odds were heavily stacked against them from the get-go.
How so?
Because Palace accountant Claude Palmero had made secret deals to become a silent partner with one of the vendors, the Marzocco-Schriqui-Vinci consortium, in exchange for using his influence to rig the winning bid their way. And when Marzocco-Schriqui-Vinci got ruled out in the final round, Palmero convinced the Prince to terminate the Larvotto project altogether on the basis that it was bad for the environment.
However, from the beginning, all vendors were required to innovate the land reclamation into an environmental showcase—an example to the world of how modern construction can be executed without negative ecological impact. And they did just that.
Thus, the official reason for cancelling the project was bogus and these vendors had wasted their time and money.
A Palace insider told me back then: “They [Thierry Lacoste and Palmero] plan to resurrect the Larvotto project in a few years’ time, start fresh and get another shot at winning the bid.”
And, years later, that is precisely what happened.
The officers of SIGER, a crack police unit within Monaco’s police department, confirmed this arrangement to me having discovered the corruption while investigating Marzocco-Schriqui’s funding. They determined that this funding derived from a Russian mafia figure—an ethnic Korean from Kazakhstan named Oleg Davidovic Kim.
Kim, we then discovered, had falsified a Letter of Credit from the Bank of Tokyo. The bank's senior representatives affirmed to investigators that their bank never issued such a guarantee and that their signatures were forged. Yet with this letter of credit Kim managed to borrow $55 million from the Krasnoyarsk Aluminum Plant.
The Russian who arranged this “short-term” loan was Yuri Kolpakov. According to sources in the Russian government, investigators believe Kim then "ordered the killing" of Kolpakov in retaliation for pursuing the unpaid $55 million loan and for reporting Kim to the authorities.
We reported the corruption and sourcing to Prince Albert. (Monaco police reporting was repeatedly obstructed by Monaco’s interior ministry and consequently never reached the Palace, which is why our intelligence service was invaluable to Albert—and should have remained so.)
Thereafter, Claude Palmero conspired to disrupt the flow of intelligence to the Prince—and Albert ultimately chose to take the path of least resistance by allowing his accountant to run roughshod through the principality.
Another great article on the Russia Mafia and I quote " They determined that this funding had derived from a Russian mafia figure—an ethnic Korean from Kazakhstan named Oleg Davidovic Kim."
Seems the Russian Mafia is in Monaco and Santa Barbara since they love beach towns as shown
from this article "The Russian who arranged this “short-term” loan was Yuri Kolpakov. According to sources in the Russian government, investigators believe Kim then "ordered the killing" of Kolpakov in retaliation for pursuing the unpaid $55 million loan and for reporting Kim to the authorities."
The Russians are also in the South of Spain during the same types of crimes shown from Europol
"On 14 December, Europol supported the Spanish National Police (Policiá National) to take down a large Russian-speaking high-risk organized crime network involved in corruption and money laundering in Spain. The large-scale criminal network, implicated in a number of other criminal activities including murder, drug trafficking, arms trafficking, trafficking of human beings and extortion was active across Europe, South America and the United States. Given the high hierarchical position of those investigated, this operation, which began in 2013, is the largest against the Russian-speaking top-level organized crime in Spain in the past 10 years. "
Now the Russians are here in Santa Barbara and at it again, money Laundering and Blat -Bribery
Howard Walther member of a military family.