Russian KGB subversive penetration of western business sector

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Gennady Burbulis was in charge of a secret audit ordered by Boris Yeltsin in 1991. After the failed August coup of that year, Burbulis issued a secret report to Yeltsin. While Soviet President Mikhail Gorbachev was begging the West for foreign assistance, the KGB was frantically transferring billions in currency and gold to various Western countries for the purpose of buying Western businesses to use as false fronts for subversion and sabotage.

In addition, the Russians used communist funds to create at least 84 companies listed on the New York Stock Exchange. This economic network is growing, and operates in Austria, Sweden, Germany, France, the U.K., Belgium, Japan, Canada, the Philippines and the United States.

According to the Burbulis Committee, the Communist Party Soviet Union (assisted by the KGB and GRU) transferred over $20 billion in assets to 7,000 bank accounts around the world between 1989 and 1991. The money was transported by Russian "diplomats" in diplomatic pouches. This operation was merely a small part of a much larger operation aiming at the penetration of key Western business sectors. The Burbulis Committee closed down its audit because the participants began to fear for their lives.

Related to this movement of communist cash, the same thing happened with money belonging to the Czechoslovak Communist Party.