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posted by martyb on Thursday February 15 2018, @10:27AM   Printer-friendly
from the Your-Pawn-or-Mine? dept.

Dr. Adrian Siegel, the treasurer of the World Chess Federation (known by the French acronym FIDE) has submitted a letter to the body's executive board and other executives informing it that their bank, UBS, is closing the Federation's bank account. Since 2015 the President of FIDE, Kirsan Ilymzhinov, has been listed on the Office of Foreign Accounts Control sanctions list of the U.S. Treasury for financial support of Syria. According to Dr. Siegel, "...after more than two years of Kirsan Ilyumzhinow's [sic] presence on the sanction list... UBS has announced that they will immediately close our accounts."

Over the past two years there were reports of Mr. Ilymzhinov resigning from the presidency in favor of his vice-president, only to attempt to regain executive control, and dissension on the Executive Board of FIDE over the matter. Allegations of corruption have plagued Mr. Ilymzhinov for some years, but he has been re-elected twice over chess Grandmasters Garry Kasparov and Anatoly Karpov in separate elections. In 2010 he proposed building a chess center at the World Trade Center attack site.

The BBC reports that representatives of Mr. Ilymzhinov have denied the allegations as outrageous and false.

Story at chessbase.com by Macauley Peterson.

Checkmate, baby?


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  • (Score: 2, Offtopic) by realDonaldTrump on Thursday February 15 2018, @10:40AM (2 children)

    by realDonaldTrump (6614) on Thursday February 15 2018, @10:40AM (#638175) Homepage Journal

    Love the very sexy logo, and the story about it. Maybe I'm the only one who read it?

    When I picked Mike Pence, I said to my art guy, make a sexy logo for us. But very BORING people whined and whined, they said it was too sexy. I wanted to get my message out. Sexy was part of my message, but there is so much more. Everybody was talking about the sex, I wanted to talk about Making America Great Again in so many other ways. So I changed the logo. And the rest is history!!

    Starting Score:    1  point
    Moderation   0  
       Offtopic=2, Insightful=1, Underrated=1, Total=4
    Extra 'Offtopic' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 0, Offtopic) by realDonaldTrump on Thursday February 15 2018, @11:57AM

    by realDonaldTrump (6614) on Thursday February 15 2018, @11:57AM (#638200) Homepage Journal

    VERY STUPID AND UNFAIR moderators don't read the stories!!!

  • (Score: 2) by DannyB on Thursday February 15 2018, @02:52PM

    by DannyB (5839) Subscriber Badge on Thursday February 15 2018, @02:52PM (#638247) Journal

    0. Design logo
    1. Get vulture capital funding
    2. Order T-shirts
    3. Design and order packaging, boxes, etc.
    4. Develop product feature list
    5. Hire underpaid dweebs to write the code
    6. Profit

    --
    People today are educated enough to repeat what they are taught but not to question what they are taught.