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First of all: https://nl.wikipedia.org/wiki/Karel_De_Gucht#Belastingontdui... ( dutch version) - here is more information then the censored english version.

And second, i "know" people who were pretty acquanted with the sale of the justice building in Furnes ( West - Flanders ), where Karel De Gucht was one of the so called secret investors and let's not forget who was closely involved with that: Yves Vanmaele.

There was a "documentary" on Terzake about him.. Where there is smoke, there is fire. But people who live nearby, see more smoke than others :)

It's hard to put in hard evidence, when politicians and judges shake hands and forgive each others sins without a trial. It's like bringing in kadhafi under the condition that he will be judged by his own friends ( to put it in the extreme).

I know personally 3 friends who's cases were influenced ( good or not) because of "Vanmaele" personally.

If you speak Dutch: http://nieuws.vtm.be/binnenland/90071-integraal-de-gewraakte...

I hate to say this stuff above, because it sounds so conspiracy like. But it's more like a well known secret in the West-Flanders. Everyone here knows, but why would you take a risk, with something you have no business with and agains very "powerfull" / influential people. ( judges, politicians, Trade Commisioner of the EU)

Edit: I'm watching the video again, it's practicly everything i'm saying here (although i mostly forgot about the video )




(I am Belgian and speak dutch)

Oh, I'm not saying everything is above board. That I agree with. However, I do have several wealthy friends who have, unreasonably, been harassed by the fiscal administration on certain matters. A lot of it is fishing to see if they can find something that sticks.

From what I saw in the media (we obviously don't know the exact details):

1. He invested in a company, many years ago.

2. He sold his shares, with a capital gain, which generally is tax free in Belgium

3. Some civil servant decided he wanted to interpret the law differently (and tax him), and he tried to make it stick. As far as I know, he failed.

The problem with Belgian tax law is that it's full of "maybe's", "ifs", and obscure undefined terms. That creates ambiguity in different matters and different cases. Like everything in Belgium.. :)


He did not sell his shares the day before it insanely dropped. His wife and friends did, with presumeable insider trading secrets :)

I also have some wealthy friends, but they haven't been accused of that. None the less, Belgium is a lot of administration, i agree on that. And a lot of "you know me" politics also :)


I think you're mixing things up. One of those cases was "abuse of power" related (the one you're bringing up), and the other one (share sale described above) was tax related.




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