boavista4
28.08.15, 03:11
Central Bank of Russia (CBR) has “accepted for protection” 3 million ounces of gold worth over $3.5 billon from US banking and financial services giant Citigroup along with a further nearly $100 billion in cash.
Of the 11 nations, including Japan, that Citigroup has cut ties with, this report explains, even in the face of Western sanctions Citigroup has refused to sever its Federation relationship with its chief financial officer, John Gerspach, simply telling the Obama regime “We are not leaving Russia”.
Citigroup itself on its webpage, this report notes, further explains this relationship with the Federation by stating:
“Citi's history in Russia began almost 100 years ago and is closely tied to the dramatic events that unfolded during that period of the country's history. Citi has always acted as a unifying link between the Russian economy and other world economies and played an important role in the development of the country's trade and external economic relations.
Citi first entered Russia on the eve of the Revolution. In 1916, Citi, then-called National City Bank (NCB), underwrote bonds to support the government of the Russian Empire as World War I took its toll on the country's resources.”
