News Analysis: Turkmenistan President Mr. Gurbanguli Berdymukhamedov took the unusual step of firing numerous Central Bank and other Banks’ Officials who were apparently engaging in Significant Banking Irregularities. In December, 2013, the President chastised the Heads of 10 Banks for Improprieties.
Energy rich Turkmenistan, a country covering 488,000+ Km2 ( 188,000 Mi2) with 5,100,000+ Citizens, has Natural Gas and Oil Deposits which are not fully explored. Some people now think the money flow into this Country may have potentially corrupted some Officials in Ashgabat, its Capital and elsewhere. Countering such greed, was the Firm Command of the President. The scope of his action is unparalleled by other countries who are tolerant of such perverse Banking Insider Irregularities.
The President demonstrates: “Good Leaders Lead By Example”. To his credit, he understands that: “In Large Grain Silos, stuffed with a Country’s Harvest of Wheat, One who has the Wisdom to look, will always find Bugs.”
Many people around the World are coming to realize that Some Bankers, who love to profess their Amity, Legitimacy, and Objectivity in their Profession, are perhaps better “Bank Robbers” than ‘Bank Robbers’.
Reality.