Accountability "Lost"
Prepared by: Connie O'Byrne, February 2nd, 2009
CBC News: Sunday aired two informative programs, "Who is Guarding the Money" (Nov. '08) and "The Great Wall Street Swindle" (Sept. '08 & Jan. '09) that highlight serious problems of fraud perpetrated and/or protected by influential, high profile individuals in financial, corporate, government and judicial (legal) positions of trust.
1) In 1984, Brian Mulroney eliminated over 800 auditors and their staff (over 4000 financial "watchdogs") by Executive Order and restricted access to public accounting records. The Office of the Auditor General only answers to Parliament, not the Public – even though complaints can be logged as a citizen. This demise of financial accountability has filtered into all levels of governance with all government employees from police to political staffers required to sign non-disclosure agreements… In reality, "whistleblower" protection is non-existent.
2) Harper's government is not processing documentation (warrants, subpoenas, etc.) from U.S. Officials investigating fraud & money laundering schemes originating in Canada, or facilitated by Canadians. Our lax Enforcement, even thought laws and regulations exist re: Stock Markets to Land Titles, astounds and angers U.S. authorities.
3) Our banking "expertise" (which was "exported" into the U.S. via Bank purchases) included government guaranteed "goof" proof lending practices of 10 to 15 years of fraudulent flipping of CMHC approved mortgages on homes. Artificially inflated housing prices and property taxes (market value assessment) made home purchase (unless through sub-prime lenders) and home upkeep improbable and (il)legal seizures probable. Also, bogus mortgages and identity theft property fraud schemes (covered by a CTV – W-5 expose, March 21st, 2005) caused homes to be stolen. Rightful owners did not have money to pursue expensive Court actions with Banks or "moneyed" investors.
4) Numerous reports have been written about mortgage and property fraud of all types by CIMBL, CISC, FINTRAC, IMET and others. Yet, senior Bank Officials accept no responsibility even though documents indicate "The Top" knows….
5) "LAWYERS ARE RATS", a Maclean's article August 6th, 2007, exposed the corruption, abuse of trust, professional misconduct, etc. flourishing within the legal profession. All was hushed and the Editor changed.
"Extreme Heat – the Niagara Files", a Demers-DeMarco Book also deals with the corruption, greed and "dirty trick" of the justice system.
6) Probabilities are easier to prove (therefore, WIN) in civil actions than criminal proceedings, but the Courts are corrupted too. Seems our judiciary protects fraudulent practices in this corrupted system. Material posted on the website www.law.avva.ca/SCC-FCC.htm, especially SCC file 31539 and its companion FCC file T-2027-06 found on link pages under my name, are examples. OF NOTE: NO defendant ever prepared a Statement of Defence to the serious allegations levelled, or any other counter action – as the "verifiable documents and patterns of collusion" speak volumes….
As I see it, Canada does not have regulatory, governance or legal protection mechanisms to protect anyone…. except "White Collar" criminals.
As I see it, those who hold power and take "golden" paycheques, yet fail to protect, must be held accountable financially for damage done to the "public interest" and compensate "Victims" of fraud occurring under their collective "blind" eyes…
As I see it, in Canada our "leaders" lack something important…..
However, by getting involved and very vocal the elected ones at least, might realize "accountability in fact, not fluff" is part of occupying that public office!!!