Shell probably hopes that we have all forgotten that Stichting Shell Pensioenfonds was a victim of the $65 billion Bernie Madoff Ponzi scheme.
By John Donovan
Shell probably hopes that we have all forgotten that Stichting Shell Pensioenfonds was a victim of the $65 billion Bernie Madoff Ponzi scheme.
Their investment was through Fairfield Sentry, a now-defunct investment fund that placed its money with Bernie Madoff.
Extracts from a current news article:
The Dec. 11, 2008 discovery that Mr. Madoff’s New York-based brokerage firm was running a $65 billion Ponzi scheme put several VI-registered “feeder” funds into liquidation, including Fairfield Sentry, which had invested the overwhelming majority of its assets with Mr. Madoff.
The day after news of the fraud hit, Sentry investor Stichting Shell Pensioenfonds, the retirement fund of the international energy company Royal Dutch Shell, applied to the feeder fund to cash in its shares.
According to court documents, by the time Sentry had suspended redemptions on Dec. 22, 2008, Shell asked for and received an order from a Dutch court freezing the bank account in Ireland that contains the $72 million. That sparked a legal battle since fought in VI, Irish and Dutch courts.
The liquidator is trying to recover as much of Sentry investors’ losses as possible of an estimated $6 to $7 billion, liquidator Ken Krys said earlier this year. According to a Nov. 10 report published by the liquidator, Sentry has recovered more than $100 million in assets to date. The $72 million in the Irish bank account could soon be added to that total, according to a press release from the liquidator.
Extracts end
The liquidator may soon recover nearly $72 million to be redistributed to fraud victims.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
