Michel Klompmaker
On 1 December this year, we had an interview via RiskComplianceTV with Reggie de Jong at the Behavioral Risk Congress 2022, on the theme of integrity. For those who have not yet seen the interview, here is the link. In any case, it is useful to watch this interview on the possible criminal case against Airbus, Deutsche Bank, Clearstream and Deutsche Börse carefully for a while, as the following interview with Reggie de Jong is the logical sequel to it. Indeed, we are not only curious to know what the reactions were to this interview, but especially what the follow-up steps have been to date.
Reggie, can you briefly update us on nature of the responses you received following our interview?
Reggie de Jong: “I have received nothing but positive and supportive responses; including from lawyers and securities professionals who have been amazed at how the unfunded MBB CE bonds could have polluted the securities system. As you can imagine, I don’t want to share all the reactions at the moment since soon the possible verdict in the civil appeal case against Airbus, Deutsche Bank, Deutsche Börse, Clearstream Banking and InsingerGilissen (a Quintet Private Bank). In any case, the Public Ministries: Department of Justice (USA), Parquet National Financier (France) and Serious Fraud Office (UK) have been able to take good note of the information provided to them. And that is important because Airbus was fined a hefty €3.6 billion in total by these three supervisory authorities in January 2020 for corruption, bribery and other forms of fraud. It will only remain at that €3.6bn if Airbus is not (or has not been) involved in another corruption scandal in the following 3 years. Should that be the case, Airbus and its directors involved could still face criminal charges. It is my suspicion that this is why Airbus is going to such lengths to shut me up and open cans of lawyers to portray me as a conspiracy theorist, fantasist or a woman who is insane. The other defendants are trying to do the same, by the way, because they have not been able to make a substantive rebuttal to my evidence. And then you play it on the person hoping that person will succumb.”
Just for the record. So this means you received another letter from Airbus in response to our interview?
Reggie de Jong: “I would almost say: of course. This was not the first letter I received from Airbus. In my view, it is confirmation that I am right, which I do not doubt for a second. After all, I have collected and examined all the evidence from various persons casu quo companies and I have brought that into the proceedings. Also from persons who were consciously or unconsciously part of the core group of this fraud. Airbus claims in its letter that “the falsity of De Jong’s allegations against Airbus has already been established in three instances by three courts…”. I have no idea how Airbus comes up with that, because in the 2019 appeal against Airbus, all bans, which had been imposed on me, were overturned. And in the current appeal hearing, I have again introduced ironclad new evidence in the form of a witness statement and a detective investigation about Airbus’ involvement in the MBB CE mega-fraud.”
Reggie lets us look into a snippet from that witness statement and some of it speaks for itself, according to Reggie. The witness casu quo insider states as follows: “In 2012, we came into contact in Munich with an enterprising young man, [name], independent consultant, who would introduce us to directors of Airbus. A meeting initially took place with a high-ranking executive of Airbus at Restaurant [name] in Munich to get acquainted and discuss the possibilities of cooperation. We then met MBB’s Eckhart Misera, Matija Podvorec and Hans Schmitz (editors: MBB’s directors), where MBB was introduced as a spin-off from Airbus in the building where Airbus’s directors also keep their offices, with the following explanation attached: ‘Because of the high CO2 emissions from aircraft, helicopters and spacecraft, Airbus needs to work on sustainability, pay attention to the environment, publicly. Because of the Airbus order book of tens of billions, if not more, we want and need to do something good. World opinion is going to turn against us because of this dirty air that aerospace emits, we want to do something good and we are making available one of our strongest brands, Messerschmitt-Bolköw-Blohm (MBB). It should look like some kind of hive-off, but it’s just part of Airbus, so more of a legal hive-off to make sure that to the outside world it becomes supposedly independently big in ‘renewal energy’, that should become the biggest player in Europe and with the power of Airbus behind it, that just has to work. Ostensibly, MBB should then first stand on its ‘own two feet’ for the outside world only to have it officially taken over by Airbus after 1 or 2 years, when the portfolio is a few billion large, showing Airbus how well it deals with sustainability because it offsets dirty emissions with green energy.’
“That is the short version behind the creation of MBB with the power of Airbus behind it as articulated by Eckhart Misera (ed: CEO of MBB Clean Energy AG and CFO of MBB Group/Projects GmbH),” the witness said.
Reggie de Jong followed up her story with: “As if greenwashing is not already a sufficient manifestation of corruption, especially a hot topic in these times, it has become clear from other statements, also included in the file, that offsetting CO2 emissions was not the sole objective of Airbus and the other parties involved. Not to mention that Airbus initiated summary proceedings against me in 2018, claiming it had never heard of MBB Clean Energy, and that while MBB’s directors held offices in the same corridor as Airbus’ directors. There again, Airbus did not tell the court the truth and the detective investigation I brought in shed a bright light on that. The MBB Clean Energy mega bond fraud is an ultimate form of network corruption and could not have happened if those parties had not colluded with each other. The issuance of these MBB CE bonds turned out to be market manipulation, the contracts between parties underlying it were more for form and therefore had all sorts of loopholes. Margin accounts of 70% were given on these unfunded bonds and when the money creation party did not go according to plan, the parties blocked the MBB CE bonds with the promise that they would be replaced by a new issue with a new ISIN number. This was never implemented. And Deutsche Bank simply still transferred these blocked bonds to another account of another legal entity at another bank, so that the MBB contracting party could pump them around the world and then re-list them on the Frankfurt Stock Exchange (Deutsche Börse and Clearstream Banking) under a different name (aka repackaging). All the controls were put in place to make this happen. It was I who was able to reconstruct these steps and actually gathered the evidence for this. I also ensured that no more duped people would fall, and these repackaged MBB bonds were withdrawn from the stock market through my actions. And so I could go on and on, as the whole process is riddled with lies and deceit. And until now, these kinds of parties always got away with it. I am now going to put a stop to that. It is now up to the court to come to a fair verdict that does justice to all the victims, including myself, of this fraud case.”
When do you expect the ruling from the Amsterdam Court of Appeal?
Reggie de Jong: “The hearing of the appeal was on 18 May 2022. The judgment has now been on the roll journal five times: 7 September 2022, held until 15 November 2022, held until 13 December 2022, held until 21 February 2023, held until 18 April 2023. So there is a growing likelihood that judgment will be handed down soon. It is a complex case involving international corporates; nine binders of double-sided documents. One folder contains a well-reasoned damage report in which three scenarios of economic damage assessment have been meticulously worked out by a professional, independent service provider in the field of business valuation, business transfer and economic damage assessment. Nine binders: the judges have their hands full. After almost a decade, it is about time I got my own money back and compensation for the damages suffered. I sincerely hope that those involved in this fraud have learned their lesson and will not be tempted to engage in this kind of large-scale and global corruption again. But above all, I hope their lawyers will no longer be tempted into the role of ‘corporate enablers’ or as David Enrich’s book title so effectively says: into the role of ‘Servants of the Damned’. Justice must be restored to justice.”
With that last sentence, we more than agree. Thank you for your time and the conversation.
Reggie de Jong: “You’re welcome. It is very important that this kind of thing sees the light of day.”
