Credit Europe Bank has been accused of dealing in illegal activities, including money laundering, highlighting the Central Bank of the Netherland’s (De Nederlandsche Bank, DNB) complacency in their investigations. Billionaire Husnu Ozyegin’s Credit Europe Bank could face a steep battle ahead.
In March, Exposed Foundation wrote an article regarding an ongoing dispute with Credit Europe Bank (CEB) and a whistleblowers allegations that the bank was involved in illegal activities, including money laundering. Amongst other alleged activity, the owner of the bank Husnu Ozyegin was accused of using the banks money to fund illegal loans to purchase ships. The banks owners Husnu Ozyegin and his son Murat, used shell companies in Malta and Liberia to hide these transactions.
Husnu Ozyegin is a billionare and one of the wealthiest people in Turkey, He founded Finansbank in 1987 which evolved into Credit Europe Bank and is now under the Fiba Group /Holding umbrella.
Fiba Group has investments in energy, retail, tourism, real estate and asset management sectors and is one of the largest Turkish company’s worldwide. Husnu Ozyegin is even listed in Forbes Magazine – one has to also note that the Ozyegin name appears many times in the Panama Papers.
The matter of corruption was brought to the attention of De Nederlandsche Bank (DNB) – the Dutch Central Bank – back in 2015 with a meeting between a whistleblower and Olivier Houppermans who was representing DNB. The matter seemed to be overlooked as Murat Ozyegin remained on the board of directors during and after 2015.
This most recent ruling from the Supreme Court of the Netherlands has stated that all previous hearings in the lower courts have been incorrect in their judgement to not allow witnesses to be heard in the case.
This is a major development for the whistleblower – in the majority of the cases proceeding a supreme court ruling the next court of appeal will adhere to the ruling of the nation’s highest court – which will mean witnesses will be called.
Why has Credit Europe Bank been so adamant in their fight at previous court cases to try to stop witnesses to be heard? Are we witnessing another cover up?
There is no confirmation on names of witnesses that will be summoned, but one would assume there will also be many questions around DNBs handling of the case and whether they maintained European banking standards. Will another billionaire banker be found guilty of past indiscretions? What will these witnesses uncover? What does this mean for European banking standards?
The case has now been sent to the Court of Appeal of The Hague for further consideration and decision.
Exposed Foundation will provide updates to this story as it develops
Sources:
- Dutch Supreme Court Ruling CEB – Dutch
Previous Sources from our first article:
- Quotenet.nl – Dutch
- Quotenet.nl article – Translated English
- Quotenet.nl – Article 2 – Dutch
- Battle Ships – Moscow Supreme Court Article – Russian
- Moscow Appeal Court Ruling – Russian
- Russian Supreme Court Ruling – Russian
- Press release by Exposed Foundation – 25th of March 2022
Its a good point – why wouldnt they let witness b heard the same bs everywhere silence the truth billionares hiding everything while the little people dont have a clue. This turk Husnu needs to go to jail. fed up with the non europeans taking advantage of european systems
LOL GO WHISTLEBLOWER
Interesting development
These kind of investigations are crucial to integrity of the financial system. I hope the whistleblower will be successful against Credit Europe Bank. In my time I have seen many cases like this. usually they dont get past the first court so its good to see that the Supreme Court here made the correct ruling
Weg met deze corrupte banken!!
gedeeld! Bedankt voor het verspreiden van de waarheid in mijn branche – geweldig om een website te zien die hieraan is gewijd
Ive used CEB in past seem ok to me but was not aware it was owned by a turkish man tbh thought it was european so thanks for the insight dont use them anymore as they dont have enough branches
Gebruik ING Bank, u bent veilig bij hen
wELL WHO IS AT FAULT HERE THEN THE BANK OR THE DUTCH CENTRAL BANK OR THE EU? HAHA
the eu every time ran by idiots seriously wake up europe
At least some courts still working as they should and havent been payed off. good to see i hope his wb wins his case :))
intriguing connection in this article linking the billionare – Husnu Ozyegin to he Panama papers – they along with the Pandora papers were massive deal when they came out – a bit too much information for people to take in, still most prob billionares are hiding their money I mean they have top advisors for this shit who tell them what to do to avoid tax etc etc hard to find pople that value ethics over money so will be checking back here to see update on whether the next court in Hague follows through with the supreme court. be good to know and see the justice dept working somewhere in the world otherwise humaity is fucked brahahaha
Turkse oplichters in Europa. wat is er nieuw!?
wow
thx 4 update on this.
Hi,
Someone just shared this article with me. Very interesting like to see the update on this and who will be witnesses. Great website by the way!
Thanks
Charlotte