Three Swiss companies
Reports of $32 million transferred into numbered accounts
We know of three Teachers Group accounts in Switzerland. Two are tax exempt Associations, while a third is a Societe Anonyme (a company with shareholders). The Danish newspaper Ekstra Bladet reported that in 1996 $32 million was transferred by the Teachers Group from Denmark into Swiss numbered accounts in the ABN/Ambro Bank in Zurich.
THE FEDERATION
The Federation for the Associations Connected to the International Humana People-to-People Movement
Av. Louis-Casai 18, CH 1209 Geneva, Switzerland
Association, registered 6th Dec 2004.
This is the main Humana People-to-People business address. This is a tax-exempt enterprise. The five signatories are all senior Teachers Group functionaries. The tax-free ‘association’ has a membership list of 36 different Teachers Group bodies, all of whom pay a ‘membership fee’ to the Swiss body. The membership list is here. We have documents that show that it is the Swiss ‘Federation’ which arranges payments, ‘donations’ and large money transfers between Europe, the United States and Africa.
We calculate the ‘membership fee’ at about 5.5% of the annual income of each of the 36 Humana bodies – so for example the US ‘charity’ Planet Aid Inc has paid this Swiss body $2,276,826 since 2004. Clearly a central body. Why in Switzerland? Could it be a highly efficient way of ‘externalising’ money from charity into a Swiss account?
See also: Five ways Planet Aid secretly moves money to the Teachers Group
HUMANA AND PLANETAID FINANCE SA
Av. Louis-Casai 18, CH 1209 Geneva, Switzerland
Société anonyme, registered 25th January, 2005.
This is a for-profit Swiss company of the kind that generally has shareholders and is liable to tax. We have no information at all about this Société anonyme yet, beyond its current roll of three signatories. Two signatories are known Teachers Group functionaries, a third appears to be a Swiss national. One of the signatories is Niels Peter Holst, one of our 30 top TG members. We believe it is likely this account serves a similar function to the Federation, perhaps with connections to different Teachers Group associations in the United States or Europe.
GAIA-MOVEMENT TRUST
The Gaia-Movement Trust Living Earth Green World Action
Route de l’Aeroport 10, World Trade Center, Geneva (Dec 2000)
Association, registered 16th March 1999.
This ‘association’ is advertised with a Swiss flag all over the world on Gaia clothes boxes in the USA and in the UK on Green World Recycling boxes. Interestingly, among the signatories for the last ten years have been two Teachers Group members resident in Fiji – which leads us to believe that the Gaia ‘brand’ may be connected with a funding stream intended to finance the Teachers Group’s next building project, at Taveuni on Fiji. Other signatories include two from our TG top 30, Jonas Israel and Soren Sorensen.
Enquiries shortly after it opened indicated it was a mail drop in an administrative Swiss office block, with no indication of any real ‘environmental projects’.
Numbered bank accounts?
According to reports, the Danish journalist Kurt Simonsen wrote an article in Ekstra Bladet in 1997 stating that the previous year, $32 million had been transferred by the Teachers Group from Denmark to Switzerland, to numbered accounts at the ABN/Ambro Bank in Zurich. We would appreciate any further information.
The information sent to us (in French) is: “Kurt Simonsen écrivait en janvier 1997 dans Extrabladet que 32 mio de dollars ont été transférés en 1996 du Danemark vers la Suisse. Simonsen donne les numéros de comptes et les propriétaires à la Bikuben-Bank ‘e0 Copenhague et de la ABN/Amro-Bank à Zurich. Dans les deux cas il s’agit de compagnies du ‘groupe’, représentées notamment par Jytte Nielsen, la dirigeante la plus en vue au sein d’Humana en Europe et en Belgique.”
Do you have information about a Teachers Group company? Please tell us
Updated: 7th September 2010
