Sunday, 25 November 2012

Occupation Loan: 510 bn the German debt to Greece



by Demosthenes Koukounas

translated from "Epikaira" magazine by Pyrros


A brief presentation of the entire issue historically

510 billion EUR in realistic calculations, is the current level of German debt to Greece, which still remains after seventy years unpaid. This amount refers only to payments demanded and forcibly taken from the Greek state fund by the Germans during the Occupation. These are the so-called Occupation Loans, which have no relationship or connection with other requirements of the country from Germany, coming from humanities or physical disasters, war reparations and war compensations. This issue, of course, neither is new or unknown.
However, because there is some haze, perhaps because of the time that has elapsed and due to suspicious reasons or expediency, it is useful to make some clarifications to avoid any confusion. There are several sides in Greece, usually out of ignorance, not able to understand how important it is to seek and to recover the unpaid loans of occupation, far exceeding the external public debt of Greece.
If in our country there were worthy and responsible political leaders, this debt would not have remained unpaid to date. And it's not just a question to an overwhelming debt collected by a recalcitrant debtor. One who –until now-  systematically avoided to arrange or issue cash order. Due to the large size of this debt, it was the main condition for the consolidation of the Greek economy over the years. In several critical phases, if each Greek government took care to settle this German debt in any reasonable way, we would not need to resort to borrowing in order the Greek state to survive.
So, what pointedly is told by competent and incompetent especially from many ignorant or presumptuous contemporary Germans, the cause of Greek financial problem is the non-collection of German debt. Neither sordid welter of words like "we ate together" nor the cost of worthless politicians and voters relationship even gaps in the Greek administrative system with so much delay revealed today. Even any kind of unauthorized theft and kickbacks could withstand the Greek cash economy if we had received the unpaid loans from Germany.

 How did the occupying loans came up

Let us present a  very brief presentation of the entire issue historically.
 When Germany and Italy conquered Greece in the spring of 1941, the international Hague Conventions since 1907 provided for the part of the occupied state to pay for living expenses and maintenance of the occupying troops. Initially, the German and the Italian conquerors imposed arbitrary method of payment of these costs with the release of the so-called "occupation marks" and of  "Mediterranean" drachma, printed on demand. The pertinent of Greek occupation state reacted by in an uncontrolled way because of that currency in which the Bank of Greece was required to commute to the official Greek note to wearers. And finally three months later it was withdrawn completely (the occupying brand and Mediterranean GRD) all transactions of the conquerors with their suppliers and all other costs to Greece were made through the Bank of Greece.
In the course was found that continual bleeds from the Greek Treasury had an unjustified and size and were really unbearable. The corollary of this was to cover the costs of occupation by printing new Greek banknotes resulting  expands of inflation with direct primary consequence on food shortages. In November and December 1941, precisely because of the lack of food, especially Athens and other major cities have experienced unprecedented hunger, with many thousands of tragic victims to languish on the streets.
This spectacle seems that  moved some people abroad, even in Rome or Berlin. Thus developed a series of negotiations between German and Italian leaders but  in absentia occupying the Greek government, the power of which reached only to make certain representations. From these negotiations, the first for the Greek financial problem created by the occupation costs, came up the agreement of March 1942 in Rome.
Under this agreement, which was notified a few days later to the Tsolakoglou government, was determined that maximum occupation costs should not exceed a total of 1.5 billion drachmas for both conquerors. This was identified by themselves voluntarily. However, because they were asking and taking a lot more by the Bank of Greece, much larger amounts beyond what they themselves had set as maximum, ie 1.5 billion drachmas were classified as advances. And, indeed, according to the aforementioned Agreement of Rome, the conquerors undertook to return them to the Greek state.
These are, therefore, the occupying the loans, ie the more than the agreed ceilings withdrawals from the Bank of Greece. The two rulers agreed between them that the money will come back "later" in the Greek state. In the next phase was clarified that the repayment of such loans would be nil (interest free) at the end of the war.
The terms of the Treaty of Rome, which had retroactive effect from 1 January 1942, the then imposed mandatory occupying government Tsolakoglou, to which were announced on March 23, 1942, nine days after signing with a note from the German and Italian ambassadors to Athens . The enslaved government had no choice but to accept them.


The food issue



In the same agreement, there was also a second part which referred to nutritional issues. Although the conquerors, under the same international treaties that gave them the ability to require the payment of expenses of occupation, had an obligation to ensure the smooth reliable food of the Greek people, hitherto essentially blame the  Germans for the continued lack of food. Until then Greeks attributed the difficulties to the problems brought by the continued Allied blockade but it was lifted in early 1942 and in Greece was now a point of how would be organized to be sent food from abroad with the care of the International Red Cross.
The interest of the conquerors to feed the Greeks was rather pretext, because if the domestic agricultural production and livestock remained untouched by the occupying forces, the immediate survival would be assured. But the forced freezing or seizing of Greek food production for use of the conquerors, not only for consumption within the Greek territory, but also for exports to Germany, Italy and other occupied countries, Greece emptied of food.
While the limiting of the commitments of Greek agricultural production announced supposedly to protect the Greek population, actually began a further looting. This time Greece was used by German and Italian occupiers ... to finance the campaign of Rommel in North Africa. To the Greek state imposed, inter alia, the cost of movement in the territory, military units with final destination the eastern or North African front, the power, the shipment of vegetables, fruit and meat on the same front, while many thousands of men conqueror who survivors were injured or just tired of passing appropriate ... Greek tourist destinations for recovery and relaxation! It is very typical in the case of a new military hospital in Piraeus extraordinarily organized to accommodate more than a thousand "wounded" coming from North Africa because they had suffered from venereal diseases! And yet these costs were included in the hospital "ownership costs" and charged to Greece.
At the same time it was decided to build temporary roads, fortifications, ports and other similar works exclusively of military nature, the cost of which again  was imposed to the Greek state. These and other similar expenses charged also against Greece and, indeed, with Hitler's personal decision were  arbitrarily renamed from "occupation costs" to "reconstruction costs." Let's imagine that the heavy fortifications in Crete-Marshal Gkerig apired to make it impregnable and to transform to the new Malta-sore Greek people were called to pay with their currency, the drachma.


The negotiations of minister Gotzamanis



All these costs were but a wasteful management by the conquerors, especially the Germans, in matters not envisaged by international agreements. The impact was immediate and decisive for the Greek economy, which was dismantled, with a direct consequence of the expansion of monetary circulation, the corresponding burgeoning inflation and eventually extending hunger around the indigenous population and certainly the stagnation and misery. All this without the constant count continued humanitarian disasters. By the arbitrariness and violence of the occupier.
To address this growing situation then occupying government protested and caused the opening of new negotiations, first in Berlin and then in Rome, which began in September 1942. Greek shipping economists, technocrats and senior officials in the then finance minister Sot. Gotzamani, took part in these debates, but ultimately led to an impasse. Anyone who watched through the documents that survived-and published in my recent book entitled The Greek economy during the Occupation and the truth about the occupation loans versions-Heron, mainly from German archives and personal archives Gotzamani, the course of these discussions, sees the size of the Greek financial disaster at the time. The Italian side, which mainly had the direct responsibility of the class in mainland Greece, haunted by the fear of a global rebellion of the population, which could not be checked. The truth is that a short trip of Mussolini in Athens in July 1942, so personally found the size of food issue and the economic disaster led to the understanding of the problem but not the solution. Both the Italians and the Germans meant primarily to continue headlong economic backwash of Greece.
From these discussions with the representatives of the Greeks, the conquerors wanted nothing more than to drain any potential wealth was left the country,  particularly in the agricultural production. The solution of the food problem had been left out in the activity of the International Red Cross.


The Final Agreement

The discussions with the Greek delegation in Berlin, continued in Rome. There was no benefit for the Greek people, but had to convince the Italian side, led by German technocrats from Berlin, which settings should be followed. The real goal was not to improve the lives of the Greeks, but how to gain more from them.
Already in Berlin, since early October 1942, was decided that with the Italian consent the draining  of Greece would continue. The occupation minister Gotzamanis and the Greek  technocrats returned empty handed in Athens and the then Prime Minister Tsolakoglou refused to stay in power-he would be replaced by Professor K. Logothetopoulos. The two rulers agreed among them changes considered necessary upon the agreement of March 1942. Of utmost importance was given to the full satisfaction of the requirements of the German occupation army and the central executive options.
It was decided that the cash payments would continue by Greece, those multiples were calculated as costs of occupation. These amounts would be classified as advances and would form governmental borrowing for as long as the war lasted, after expiration would be returned to Greece without interest while the indexed base was determining. Meanwhile any imports would be offset out from Germany and Italy. For the last question two public companies were founded, one for a Greek-German  and one for Greek-Italian foreign trade and the Degriges and Sacig respectively.

Clodius and Reichenbach


Carl Clodius


Horst Reichenbach

At the same time, was decided to impose control of Greek budget in order to achieve economies of just about to be able to draw funds left. Both conquerors appoint a special envoy who would undertake to check the exact sizes of the Greek economy and to get at the appropriate action. These were the Noimbacher and D'Agostino, who took more power than ambassadors Altenmprouk and Ghizi, potential  At the same time they were appointed as financial experts, led by skilled diplomat Carl Clodius.
All they had special powers and granted full power in the subordination Greek economy. In today's terms would liken them to the members of the troika (IMF, ECB, EU), the key decisions of which are taken arbitrarily and abusively. The correlations are in some cases absolute,as the power of the Greek political authorities is ignored, as it was then. What power and authority had then Clodius,  has today Reichenbach and something similar happens with Noimbacher and Fouchtel. With a small, unfavorable to the current Greece difference: That sovereignty was abolished due to de facto military defeat and occupation, and now de jure, by decision of the Greek Parliament.

The height of the occupation loan

Because at times much has been said about the occupation loans especially for the amount they represent, it would be very useful to make an objective-scientific, I would say, computation, in order to know the actual amount. This task is left to more skilled economists and is quite unfortunate that to date no one has been found responsible of any tier to do so or a responsible politician to appoint a committee of experts a thorough study.
As soon as the occupation ended, the responsible institutional body, the Bank of Greece, based on the accounts kept, identified the total payments received from the beginning to the conquerors throughout the period of occupation. The total amount involved in Germany is 1,617,781,093,648,819 Drs After deducting according to international legal possession charges as agreed with their conquerors, while Germany received as advances apart from these,  1,530,033,302,528,819 GRD and Italy respectively GRD 157,053,637,000
These amounts  are just the so called occupation loans, which should-in agreements of March 1942 and December 1942 –have been returned by the end of the war. This is the capital of the occupation loan the nominal value and was the basis for calculating the debt when the payment would take place, because the exact amount to be exported to the measure of indexed drachma. Here now the question is what is the determining rule.
The Bank of Greece in order to have at the time an initial assessment, used the method of matching the price of the gold coins.It was determined that the total debt of Germany for the occupation loans amounted to 3,670,610 sovereigns.
At first sight this method seems reasonable, but it is not representative, because the official price of gold pound was different from the unofficial-and of course it was lower. Moreover, the agreement imposed by the conquerors did not prescribe a specific method of indexation, and especially when the intended occupation period was extremely complicated. Therefore, the search of fair valuation of debt should follow safer calculation.
The aspect that the calculation of the occupation loan is not correct if done with the base of the golden pound was first argued by Professor Angelopoulos, insisting that more rational and representative is that of the dollar. In the case -he added-, in its assessment of the capital defined for Germany at $ 151 million by 1964. It should be added 177 million dollars in interest from January 1, 1942, namely a total of 328 million dollars.
But if we rely on the Agreement of March 1942, concluded between the Germans and the Italians in Rome, the charge should not start from that date, because it is clearly stated that the reimbursement payments are interest-free. And we can not ignore that agreement, because on it rests the Greek claim. Otherwise, selectively ignoring certain conditions, we risk to weaken our position and give arguments for non-compliance.
On the other hand, the assessment of Professor Angelopoulos is not rational, because it uses methods that actually reduce the total debt by taking false start of the debt to $151 million, which in April 1964 amounted to 15,100,000 pounds, or thus in 2012 to 4,530,000,000 euros. Further, according to Angelopoulos, in April 1964 the amount with interest included, for Germany always reached 32,800,000 sovereigns, so with the same proportions (ie interest rate of 4% and an annual compound rate) in 2012, the total debt will wouls be 215,513,819 gold coins or euro 64.654.145.587. This is the estimate of Mr Angelopoulos for the German occupation loans due to Greece.
However, this calculation has two main drawbacks. As mentioned above, a) ignores the condition of an interest-free repayment at the end of the war and b) calculates interest rate of 4%. Perhaps in 1964, when he made his calculations, this interest rate was normal, but when it comes to government loans it should be 2.5% and not more.
Selecting this low interest of 2.5% and starting the compound interest from 1964, a date which forthwith-that at the end of the war meaning when the Paris Peace Conference took place- the German state should return the payments had been received as excess of expenses under the occupation period, clearly under loan form and with unreserved commitment to refund, we arrive at another amount.
But the assessment of Professor Angelopoulos in 1964 as much as the one of the  occupying minister Gotzamanis in  1952 (about 240 million U.S. dollars) are incorrect. They both Ignore the proper valuation of the necessary indexation base, which actually is quite complicated. We need only to recall how extreme and sudden prices of key species were increased at the time, especially if we take into account that real commodity prices extremely abstained from the officials and how hard it is to be represented, to be taken as a basis calculation. For this reason we sought a different methodology.
Our research is oriented differently, then, with a mix of formal and actual prices on food and household items, the real price of gold pound on the open market, taking into account the values ​​of the sold real estate, and other indicators, including German debt of Greek exports to Germany during the occupation, we ended up at a different figure. Thus, the actual valuation of  the occupation debt came the day German troops withdrew to a total of 100 billion, not including war reparations and indemnities.
This is the exact amount and it is certain that if once the Greek government decided to address the issue and a special committee is appointed to investigate in depth, then they will fully verify our estimation.
Moreover, it should be noted that the term of short  return period on loans exceeded when the quasi loan agreement became due. This happened when the Peace Conference of 1946took place and since the loans are interest bearingso that the initial capital of EUR 100 billion to date, with a low interest rate of 2.5%  reaches 510,033,165,000 euros.
Therefore, this amount should have been paid by the postwar German state but it neglected to do so. Under the guise of dismemberment, they invented a series of arguments to avoid repaying the occupying loans with the tolerance or complicity of the allied governments. Several years after the Peace Conference invented the argument that Germany was unable to sign the Final Peace Treaty while they were dismembered. If it was a bona fide debtor West Germany, over the intervening 44 years to unify could have paid its fair share of attributable albeit gradually. But refrained to do so, such as avoided in subsequent years, later it was consolidated and could not rely on similar allegations.

  
What happened to the Loans

The so-called occupation loans, which within the absurdity of the conquerors had claimed from a country of constraint capabilities  such as Greece and managed to break so fundamentally Greek economy, the Greek governments have failed so far to collect. Ooccasionally they made ​​some similar action but without results.
Already in the Peace Conference in Paris in 1946, the then Greek government tried to save the topic, along with war reparations and indemnities. Germany was then an assembled state and, were dismembered into separate occupation zones, so the requirement that Greece was not possible to set. Instead, in what concerns in Italy, the issue was raised and after various fluctuations and Greek state was satisfied in this chapter later.
The fate of the Greek claim to Germany should typically be set to satisfy when the Treaty of Peace was signed, something impossible as long as the country was divided into East and West. However, after the establishment of the Federal Republic of Germany, gradually began to develop bilateral economic relations with Greece, but the German leaders did not consent to the arrangement of debt on the grounds that they were not obliged to do so. At various periods, the Greek government raised the issue without being able to change the German attitude.
In November 1952 he returned to Greece after he managed to obtain amnesty, S. Gotzamanis the finance minister during the occuoation, ending years of outlawry abroad. Upon arriving in Athens, came to argue that the Greek government should not abandon its occupation loans and ought to ask for repayment.
At the time, the Greek Alert,  party of Marshal Papagos, was in power did not formally requested the repayment of  the occupation loans since the London Conference in 1951 had declared that the signing of the Peace Treaty was prerequisite.
Nevertheless, the request was repeated on several occasions and the renewal of a negative response from West Germany leveled with another financial facilitation. The issue came up again openly in early 1964, when in power was  the government of the Union of the Centre. Followed three new “knocks” to the German Federal Government by Angelo Angelopoulos, Andreas Papandreou and Evangelos Savvopoulos respectively, without positive result.
In recent years, the publicity of the occupation loan from Germany claiming, comes up every now and then especially after our country was at the epicenter of the financial crisis with all its attendant. In particular, the attitude of modern Germany is causing stronger Claiming.
However, this kind of Greek requirement is not subject to limitation as some at the german side support to avoid the payment, because the mere fact that at times the theme is reset by the Greek side, even though for general reasons have not resorted to judicial proceedings, excludes the limitation.
Something more, we would add: It's a matter of honor for modern Germany, the leadership of which is presented haughty towards Greece because it was found in economically weak position to repay the actual debt towards her. And it's so real, literally soaked in blood, so today's leaders become reprehensible when the index finger aimed at Greeks so poignantly and clearly unethical. Hopefully this story, rather than stand with dignity and objectivity in the study of the historical object, we had to pay more attention to the emergence of smallness scored by the Germans during the occupation.
The fact that the postwar Greece-rather than emotional reasons because of the general sympathy for contemporary Germany or even on grounds of inability of its own respective governments, did not persistently claim the repayment of the occupation loans- does not mean that they cease to be a debt of honor for a country claiming a hegemonic position in the European Union.


The recent developments




Lately, occupation loans. are becoming a popular subject, although they often are confused, usually out of ignorance, with the issues of war reparations or compensations. The chapter of the occupation loans is perfectly clear and after the war has not been made the slightest payment by Germany. Instead-and this may be the biggest proof of the validity of the Greek claim;, the other borrower of occupation  loans, Italy, since many years has repaid its debt.
Eminent foreign economists have only recently confirmed the German debt. The German Professor Albrecht Ritschl has assured the undeniable existence of the German debt, while the Frenchman Jacques Depla has spoken of a height of 575 billion euros.
There can be no doubt, and I think that only the Greek governments have neglected to collect the due from Germany. The fear is now that the current Greek government, even the Greek Parliament, to be blackmailed or  forced to resign formally of the German debt, if it has not already done this behind the scenes. Of course, this would constitute treason, but every Greek can hope that neither such betrayal has happened nor Germany will eventually look much discredited ...

related:

http://greeceandworld.blogspot.gr/2011/11/albrecht-ritsl-if-germany-paid-war.html

http://greeceandworld.blogspot.gr/2011/06/jacques-delpla-germany-owes-greece.html

http://greeceandworld.blogspot.gr/2011/06/instead-of-another-loan-why-not-get-war.html

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Email Kindly Contact: urgentloan22@gmail.com

Roland Markson said...

Guten Tag, Sie benötigen ein Darlehen? Interessenten sollten die Roland Markson Kreditagentur heute kontaktieren ,!
Lender E-mail: rolandmarkson4@gmail.com Wir bieten private, gewerbliche, private und geschäftliche Kredite mit sehr geringen jährlichen Zinssatz so niedrig wie 2% auf 1 Jahr bis 50 Jahre Rückzahlung Dauer Zeitraum zu allen Teilen der Welt. Wir geben Darlehen von $ 5.000,00 bis $ 20,000.000.00 Unsere Kredite gut versichert sind, und für maximale Sicherheit registriert ist unsere Priorität, Sie schlafen in der Nacht verlieren sich Gedanken, wie ein legit privates Darlehen Kreditgeber mit out Gebühr von Sicherheiten Gebühr oder Bonitätsprüfung zu bekommen? Sie beißen Ihre Nägel auf die schnell? Statt sich zu schlagen, kontaktieren Sie diesen wunderbaren Gott heute Menschen Agentur aus Angst !! (Loan Services) sind wir der Regierung genehmigt, und wir haben Spezialisten Darlehen, die schlechte Kredit-Geschichte, zu stoppen helfen, die überzeugende Lösung zu finden, die unsere Mission. Interessenten sollten sich die Unternehmen über kontaktieren. E-Mail: rolandmarkson4@gmail.com für weitere Informationen. Wir hoffen, Sie geben uns eine Chance zu Diensten zu sein !!!

Darlehen Antragsformular

*Vollständiger Name:_________

*Adresse:_________

*Sagen:_________

* Kreditbetrag: _________

* Dauer der Ausleihe: _________

*Land:_________

*Der Grund für den Kredit:_________

*Monatliches Einkommen:__________

*Beruf:__________

* Als nächstes von Kins: _________

* Ihr Monatsgehalt: ________

*Email :_________



Vielen Dank.
Herr Roland Markson

mason clark said...

Dear Sir/Ma,

My name is Micheal Brent we are a finance loan firm and we offer loans worldwide at a low interest rate of 2% is very affordable and our loan process is very fast as well. If you are really ready to get your financial problems solved,Then search no further and apply for a loan today. If you are interested you can contact us today via email: michealbrentloanfirm@outlook.com

Financial Loan said...

$$$ GENUINE LOAN WITH LOW INTEREST RATE APPLY $$$
Do you need finance to start up your own business or expand your business, Do you need funds to pay off your debt? We give out loan to interested individuals and company's who are seeking loan with good faith. Are you seriously in need of an urgent loan contact us.

Email: reliableinvestmentcompany99@gmail.com

Klay Thompson said...

Hello Get BLANK ATM Programmed Card and cash money directly in any ATM Machine around you. There is no risk of being caught, because the card has been programmed in such a way that it's not traceable, it also has a technique that makes it impossible for the CCTV to detect you. Now email us today at our E-mail address at: richparkerblankatmcard@outlook.com for you to get your own Programmed Card today

Regards
RICHARD PARKER

Dr Purva Pius said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com

Dr Purva Pius said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com

Avit Investment said...

Greetings to you by ADIA.

We are a France-Paris based investment company known as Avit
Development Investment Authority working on expanding its portfolio
globally and financing projects.

We would be happy to fund and invest with you in any profitable
project if you have any viable project we can finance by making mutual
investment with you. If you are interested, kindly contact us
on:avitinvestmentauthority2@gmail.com for more details.

Looking forward hearing from you soonest.

Yours truly,
Mrs Rose Williams
(Personal Assistant)
Avit Development Investment Authority(ADIA)
501 Avenue Montaigne,75008 Paris-France
Paris-France.Avit Development Investment Authority (ADIA)

david jackso said...

We offer a wide range of financial services which includes: Business Planning,
Commercial and Development Finance, Properties and Mortgages, Debt Consolidation
cash, Business cash, Private cash,car cash, hotel cash, student cash.

Easy and fast approval
Flexible repayment
Email: jacksonprivatefinance@gmail.com

Dr Purva Pius said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com

Dr Purva Pius said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com

Mustapha Mahmood said...


Do you need a Loan?
Are you looking for Finance?
Are you looking for a Loan to enlarge your business?
I think you have come to the right place.
We offer Loans at low interest rate.
Interested people should please contact us on
For immediate response to your application, Kindly
reply to this emails below only:
mustaphamahmoodfinaid@gmail.com

Clara jonez said...

I found a way to live above my financial challenges after loosing my job with no hope of providing for my family. With Christmas approaching and still no hope i decided to go online in search for a job and i found posts about davidbenjaminltd@outlook.com and how they help provide blank atm card in less than 3 days and capable of making cash withdrawal up to $70,000 monthly. At first it sounded like a scam to me cos i saw some other reviews talking about how they lost money to some companies i just decided to give this a try as i was already down and out and i made all necessary payments and verily verily i got my card delivered at the exact date and its effectiveness was not short of what i was told its been 3 weeks of blissful usage and i decided to tell the world about this awesome experience. You can contact this company to get yours via davidbenjaminltd@outlook.com

Loan Offer said...

Are you tired of seeking loans and mortgages from banks? Have you been turned down constantly by your banks and other financial institutions due to bad credit? Are you about loosing your home due to financial constraints? Global Lenders Inc is here to set you free from debt. For immediate enquires you can contact us via email powerfinance7@gmail.com

LOAN APPLICATION FORM
**********************
1) Full Name:.....
2) Gender:........
3) Loan Amount Needed :...
4) Loan Duration:...............
5) Country:.......
6) Home Address:..
7) Mobile Number:.....
8) Fax Number:......
9) Occupation:....
10) Monthly Income:......
11) Salary Date:....
12) Purpose of loan;...
13) Where did you get our loan advertisement:....
14)Contact email:........

Awaiting your swift response.
May Allah bless you.
IBRAHIM MUSA
Leverage Pvt Ltd.
Associate Director
power Financial Service Pvt.
Contact Us At :powerfinance7@gmail.com

Moris Moore said...

Fidelity Loan Finance is a government approved credit firm, we give out loans to individuals and organizations with an interest rate of 2% world wide. Get back to me if you are interested fore further details through this mail box: fidlfin@live.com

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