Friday, January 4, 2013

In search of justice – Summary of an International
Law Case in Finland



In search of justice – Summary of an international law case in Finland

by Jukka Davidsson - jukka.davidsson@pp.armas.fi

Finland, as so many other countries in Europe as well as in Asia, experienced a devastating economical collapse in the 1990’s. This writer has been researching the event privately and in the Uppsala University, Sweden. The summary presented here is only a superficial scratch of the very complex case. Only main events, outcomes together with the legal analysis will be presented. The huge amount of victims should finally get justice.

This is a story of a country which has been sold to foreign actors i.e. foreign people planned and executed the economical destruction and local top people aided the process. In this sense there are no news compared with other cases.

The background of the developments in Finland lies on the concept of globalization. All capabilities to protect the country were lifted. This is, financial market was opened and local finance inspection was controlled. The so called market forces made everything happen.

The planning of the banking crises began in early state in 1990. First in 1992 when the chaos was well on the way started to happen. In March President Mauno Koivisto invited the top baking executives to the presidential premises. The message of the banks was that they should get rid of liabilities up to FIM 180 billion. When calculated this number with all liabilities the real figure would be about FIM 256 billion. This equals about 45 percent of all liabilities on the banking sector. The plan was accepted and adopted.


The following meeting held with the President Koivisto took place in May 1992. This time the judicial people were invited to the President Koivisto. Although President Koivisto was officially the host of the seminar, the program and management of the seminar was carried out by invited people. The invited group, about 40 people, consisted of the Supreme Court members, judges from lower level courts as well as professors of law. Finance Inspection authority was also invited. According to the invitation letter the objective of the seminar was to evaluate and criticize the judicial operations and practice. The outcome of the seminar was the total collapse of the legal system in Finland. The effective remedies and fair trial as legal principles were removed. One study presented the result of the meeting with the following figure – out of about 3000 hearings banks won 2998 and the debtor only two.

Although the period of financial crises consists of several taskforces and publication the third quotable matter is the secret agreement signed in October 1993 between the major banks and the State of Finland. Parties agreed that the buyers were entitled to transfer customers with loans and guarantees to the bad bank Arsenal. The right to transfer was defined through the ownership of companies and through loan agreements i.e. promissory notes and notes of debt etc. It was also agreed that the banks were entitled to transfer certain lines of businesses which are real estate business and any business related to real estate business, other investment business, construction, any retail business, hotel and restaurant business, any business related to leisure business.

This meant from bank customer point of view that the banks were entitled to transfer any customer or force the company in bankruptcy. Beside private people about 22 percent of all active companies faced the bankruptcy. According to the bank of Finland provided statistics about FIM 256 billion worth nominal value loans were transferred out from banks. Due to the undervaluation of properties the real amount of stolen property is about 1,7 – 2 times of the nominal value. This is that the stolen value would be about 70 – 90 billion Euros.

Other outcomes besides the lost property values are the decreased volumes in sales, construction etc. The horrified result of this exercise is the increased numbers of suicides, divorces and mental damages and so on.
People have tried to get justice, tried to get the case of their heard by an independent court. So far this has not succeeded. There is, however, one possibility to do. It is the international criminal law based on the universality principle.

The fair trial and effective remedies are the core elements in a constitutional state. In Finland those values were forgotten during the time of banking crisis. The case law provides the proof on that issue. The rulings of the European Court of Human Rights support the comprehension. In the absence of fair trials and effective remedies the trials are useless. Therefore it is important to discuss the additional possibilities how the victims of the Finnish plot would be able to enjoy the benefits of fair justice, claim damages and begin the healing process.

The main are in the international trial would be crimes against the humanity. The crime against humanity is described in the Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes Against Humanity of the United Nations as follows: The General Assembly of the United Nations states in its resolutions 2184(XXI) of 12 December 1966 and 2202(XXI) of 16 December 1966 which expresslycondemned as crimes against humanity the violation of the economic and political rights. The Rome Statue of the International Criminal Court is another foundation for the elements of the crime of the crimes against humanity.

Thousands of deaths should be analyzed against elements of crime like causing death by indirect methods or extermination by inflicting conditions of life. Further there are questions concerning serious discrimination, expropriation, crime against humanity of imprisonment, torture i.e. the perpetrator inflicted severe physical or mental pain or suffering upon one or more persons, persecution i.e. the perpetrator severely deprived, contrary to international law, one or more persons of fundamental rights, other inhumane acts i.e. the perpetrator inflicted great suffering, or serious injury to body or to mental or physical health, by means of an inhumane act.

In this context we shouldn’t either forget in this context the United Nations’ Declaration of Basic Principles of Justice for Victims of Crime and Abuse of Power and Principles of international co-operation in the detection, arrest, extradition of persons guilty of war crimes and crimes against humanity. Among other things following requirements are presented by the United Nations:

"Victims" means persons who, individually or collectively, have suffered harm, including physical or mental injury, emotional suffering, economic loss or substantial impairment of their fundamental rights, through acts or omissions that are in violation of criminal laws operative within Member States, including those laws proscribing criminal abuse of power.

War crimes and crimes against humanity, wherever they are committed, shall be subject to investigation and the persons against whom there is evidence that they have committed such crimes shall be subject to tracing, arrest, trial and, if found guilty, to punishment.

The Finnish people are persistent and unyielding. At the moment this process needs international support and some resources. The European international lawyers have accepted the case and they are ready and willing to file the case. The proof and documentation exists. This trial would be partly a trial against the international financial cabal.


8 comments:

  1. I know the purpose I serve is a just and good one. Nevertheless I can't help but think of how I should have used my disgust with lawyers, politicians and this system as motivation to become one and thus attack from within like our friend here, as well as Heather and some others we've been hearing from lately. Keep it up! Love and light!

    ReplyDelete
  2. This article on Finland reminds me of the Independent Foreclosure Review: Deadline December 31, 2012.

    I decided not to submit the forms.
    Why? Because I had already complained to the OCC and was rejected. I sent in an appeal and got a call from Wells Fargo that their Review had found that the foreclosure and eviction were valid.
    That is even with forensic loan audits, folks, showing the fraud and forgery.

    A well-known attorney said the Review was basically a waste of time. Even though you can prove the banks have no standing, the courts still ignore you and treat you like dirt.
    (That kind of treatment does not appear harmful to the perpetrators.)

    In the Review instructions it states that homeowners are required to prove "financial harm." It is on that basis their decisions are made to award you up to $125,000.000. However, it also states that you may get nothing. I know someone that sent in 700 pages of audits and never heard back. Then all these settlement monies end up going into state coffers.

    This is completely absurd to expect the average homeowner to climb over this type of hurdle to prove injury when the crimes are as obvious as the nose on the end of one's face. No wonder the amount of responses to the Review board were weak.

    Especially in light of the bias pointed out in the above article: 3000 cases won by banks and 2 by citizens. I'll bet there is very little difference here in the U.S.

    Moreover, psychological and physical harm was expressly not considered in the Independent Foreclosure Review. When I read about the harm done in Finland, I totally identify with it.

    "...the perpetrator inflicted severe physical or mental pain or suffering upon one or more persons, persecution i.e. the perpetrator severely deprived, contrary to international law, one or more persons of fundamental rights, other inhumane acts i.e. the perpetrator inflicted great suffering, or serious injury to body or to mental or physical health, by means of an inhumane act."

    What goes on around the world on a daily basis are exactly that which they describe: Crimes against humanity.

    I sure look forward to the positive changes Heather spoke about.

    ReplyDelete
  3. Like everyone else, I have a pin to use when I use my debit card. I once received a credit card and the pin that bankcard company gave me to use was the same pin I use for my debit card and personal bank account.

    I went to the local office of my bank and the manager told me it was just a coincidence.

    ReplyDelete
  4. In search of justice – Summary of an international law case in Finland

    by Jukka Davidsson - jukka.davidsson@pp.armas.fi

    Finland, as so many other countries in Europe as well as in Asia, experienced a devastating economical collapse in the 1990’s. This writer has been researching the event privately and in the Uppsala University, Sweden. The summary presented here is only a superficial scratch of the very complex case. Only main events, outcomes together with the legal analysis will be presented. The huge amount of victims should finally get justice.

    This is a story of a country which has been sold to foreign actors i.e. foreign people planned and executed the economical destruction and local top people aided the process. In this sense there are no news compared with other cases.

    The background of the developments in Finland lies on the concept of globalization. All capabilities to protect the country were lifted. This is, financial market was opened and local finance inspection was controlled. The so called market forces made everything happen.

    The planning of the banking crises began in early state in 1990. First in 1992 when the chaos was well on the way started to happen. In March President Mauno Koivisto invited the top baking executives to the presidential premises. The message of the banks was that they should get rid of liabilities up to FIM 180 billion. When calculated this number with all liabilities the real figure would be about FIM 256 billion. This equals about 45 percent of all liabilities on the banking sector. The plan was accepted and adopted.

    ReplyDelete
  5. Yes we all know the banks are committing crimes against humanity, but that isn't going to go too far in a court of law. The courts exist to protect the powers that be. Finland probably just sold out to the International Chamber of Commerce. They control the movement of money, the price of new money, and who gets it from who. They also make the rules by which ALL banks must follow to move money internationally. Here is the link so you won't have to take my word for it. http://www.treasurydirect.gov/instit/statreg/fraud/fraud_prime1.pdf
    and
    http://www.eurindo.de/EU-Com/docinfo/ICC-NCND.pdf

    ReplyDelete
    Replies
    1. well were were they when the fraud securities where being sold to un suspecting countries ? from their own website they brag " Commercial Crime Services
      ICC’s Commercial Crime Services (CCS) division in the UK is a centralized crime-fighting body – one with a global network and a sterling reputation. It draws on the worldwide resources of its members in the fight against commercial crime.
      From its base in London, and comprising three distinct crime-fighting divisions, CCS operates according to two basic precepts: to prevent and investigate commercial crime and to help prosecute commercial criminals. CCS works closely with international law enforcement officials, including Interpol, and uses its expertise and network of members to remain one step ahead of the criminals.

      Delete
  6. Thanks for great information you write it very clean. I am very lucky to get this tips from you.

    ReplyDelete
  7. Thanks for your great information, the contents are quiet interesting.I will be waiting for your next post.
    life sciences

    ReplyDelete

Note: Only a member of this blog may post a comment.