rhode island public pension reform-wall street's license to steal

7/27/2019 Rhode Island Public Pension Reform-Wall Street's License to Steal

1/106

Wmien Dsfhoe [ugfdb [nosdio

Wnlirc1 Phff Rtrnnts Fdbnosn

ti RtnhfLirnosdb Dovnstd`htdio il tmn Ncpfiynn Wntdrncnot Rystnc il Wmien Dsfhoe lir tmnHcnrdbho Lnenrhtdio il Rthtn, Biuoty hoe Cuodbdphf Ncpfiynns gy Gnobmchrj LdohobdhfRnrvdbns, Dob., Ibtignr 80, 7;82.


2/106

WmienDsfhoe[ugfdb[nosdioWnlirc1PhffRtrnntsFdbnosntiRtnhf

Jny Ldoedo`1

Umn NcpfiynnWntdrncnot Rystnc

il Wmien Dsfhoe

mhs snbrntfy h`rnne

ti pnrcdt mne`n

luoe choh`nrs ti

jnnp tmn sthtn

pnosdio do tmn ehrj

rn`hredo` miw dts

hssnts hrn gndo`dovnstne: ti rhot

cystnry mne`n

luoe dovnstirs h

fdbnosn ti stnhf, ir

prildt ht dts

nxpnosn usdo`

dosden dolirchtdio:

hoe ti no`h`n do

pitnotdhffy dffn`hfoioedsbfisurn

prhbtdbns.

Wmien Dsfhoe [ugfdb [nosdioWnlirc1 Phff Rtrnnts

Fdbnosn ti RtnhfD. Nxnbutdvn Rucchry

Uwi ynhrs h`i, Wmien Dsfhoe's sthtn pnosdio luoe lnffvdbtdc ti h Phff Rtrnnt biup. Dt mhppnone wmno @doh

Whdcioei, h vnoturn bhpdthf choh`nr wdtm ho

uobnrthdo dovnstcnot trhbj rnbire il iofy h lnw

ynhrsh prdobdphf do h ldrc tmht mhe gnno mdrne gy

tmn sthtn ti choh`n h phftry $> cdffdio do pnosdio

hssnts`it mnrsnfl nfnbtne hs tmn @nonrhf Urnhsurnr

il tmn Rthtn il Wmien Dsfhoe wdtm tmn ldohobdhf

ghbjdo` il iut-il-sthtn mne`n luoe choh`nrs.

Whdcioeis onw rifn noeiwne mnr wdtmrnspiosdgdfdty lir ivnrsnndo` tmn sthtns notdrn $0

gdffdio do pnosdio hssnts.

Do smirt, tmn lixns (ciony choh`nrs) mhe thjno ivnr

choh`ncnot il tmn mnomiusn (tmn pnosdio).

Lir Whdcioei, h 57 ynhr-ife Wmien Dsfhoe ohtdvn,

snrvdo` hs sthtn trnhsurnr rnprnsnots h chair bhrnnr

giist. Dt hfsi mhs prnsnotne mnr wdtm ho ippirtuodtyti nordbm mnrsnfl hoe mnr mne`n luoe ghbjnrs ht tmn

nxpnosn il tmn sthtn's pnosdio luoe, tmn pugfdb

wirjnrs wmi hrn biuotdo` io dt ti ldohobn tmndr

rntdrncnots hoe tmn thxphynrs wmi biufe gn stubj

lir cdffdios, ir gdffdios, il eiffhrs dl dt's cdschoh`ne.


3/106


7

Lurtmnr, h sd`odldbhot pirtdio il tmn Urnhsurnrs wnhftm hoe dobicnrnfhtns ti smhrns smn iwos do twi dffdqude, iphqun vnoturn bhpdthf

phrtonrsmdps smn lircnrfy choh`ne ht [idot Auedtm Bhpdthfion il

wmdbm smn biovdobne tmn sthtn ti dovnst do io edllnrnot, fnss lhvirhgfn

tnrcs. ^ofdjn tmn sthtn wmdbm phde cdffdios lir dts smhrns do ion il tmn

[idot Auedtm luoes, tmn Urnhsurnr whs rhotne smhrns do gitm il tmn

vnoturn bhpdthf luoes lir lrnn.

Pirsn stdff, tmn vnoturn bhpdthf doeustry ds oitne lir dts fhbj il

trhosphrnoby hoe iobn tmn Urnhsurnr hssucne illdbn smn rnlusne tiedsbfisn vdrtuhffy hoy dolirchtdio rn`hredo` tmn dovnstcnot luoe do

wmdbm smn hoe tmn sthtn pnosdio rnchdo bi-dovnstirs.

Lir nxhcpfn, tmn Urnhsurnr rnlusne ti rnfnhsn eibucnots wmdbm wiufe

rnvnhf wmntmnr smn (ir hoy itmnr dovnstir) mhe gnno `rhotne hoy spnbdhf

rd`mts cirn lhvirhgfn tmho tmisn rhotne ti tmn sthtn, ir itmnr fdcdtne

phrtonrs do tmn luoe.

[idot Auedtm Bhpdthf, tmn Urnhsurnrs lircnr ncpfiynr, ds h ldrc wmdbm ds

sugsthotdhffy luoene gy Uueir Dovnstcnot Birp., h cuftd-gdffdio eiffhr

prdvhtn nqudty hoe mne`n luoe bio`ficnrhtn biotriffne gy tmn snbrntdvn

gdffdiohdrn [huf Uueir Aions. Pdtmiut Uueir hs h strhtn`db phrtonr

pissnssdo` h sugsthotdhf dovnstcnot pnrlirchobn mdstiry, Whdcioeis

[idot Auedtm wiufe oit mhvn gnno h biotnoenr lir h $> cdffdio vnoturn

bhpdthf biccdtcnot lric tmn sthtn.

Do h vnry rnhf snosn, tiehy Wmien Dsfhoes fnhedo` dovnstcnot ldeubdhry ds

fhr`nfy bicpnoshtne gy ho iut-il-sthtn mne`n luoe dovnstirwirsn

stdff, smn ds phde doedrnbtfy hoe snbrntfy. Umn cyrdhe uodqun biolfdbts il

dotnrnst hoe rdsjs rnfhtne ti tmds uoprnbnenotne sthtn il hllhdrs mhvn oit

gnno tmiriu`mfy dovnstd`htne ir heernssne.

Urhosphrnoby hoe hbbiuothgdfdty mhvn sullnrne hs tmn pnosdio mhs

dobrnhsne dts hffibhtdio ti mne`n, vnoturn bhpdthf hoe prdvhtn nqudty


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luoes ti hfcist $7 gdffdio ir 7> pnrbnot hoe tmn Urnhsurnr mhs wdtmmnfecist dolirchtdio hgiut tmnsn md`m-rdsj, md`m-bist dovnstcnots lric

gitm tmn Rthtn Dovnstcnot Biccdssdio, h 8;-cncgnr vifuotnnr giey

tmht ds bmhdrne gy tmn @nonrhf Urnhsurnr hoe ivnrsnns tmn dovnstcnots

il tmn sthtn pnosdio, hoe tmn nonrhf pugfdb. Driodbhffy, do Wmien Dsfhoe,

fdcdthtdios io pugfdb hbbnss ti rnbires mhvn riwo do tmn Dolirchtdio

H`n.

Umn Urnhsurnr mhs ncnr`ne hs tmn fnhedo` ohtdiohf hevibhtn il h

edsdo`nouius lirc il pugfdb pnosdio rnlirc wmdbm dovifvns sfhsmdo`wirjnrs gnonldts hoe tmwhrtdo` pugfdb hbbnss ti dolirchtdio rn`hredo`

tmn rdsjdnst il pnosdio dovnstcnots wmdfn, do snbrnt, erhchtdbhffy

dobrnhsdo` tmn rdsjs ti rntdrncnot pfhos hoe tmn lnns tmny phy ti Phff

Rtrnnt. H rnpirt smn prieubne do 7;88 tdtfne Urutm do Oucgnrs1 Umn

Rnburdty hoe Rusthdohgdfdty il Wmien Dsfhoes Wntdrncnot Rystnc chen h

sthrj bhsn lir tmn pnosdio ivnrmhuf hoe gnonldts buts smn novdsdione,

wmdfn oithgfy icdttdo` enthdfs rn`hredo` tmn rnhtnr bists hoe rdsjs

rnfhtne ti mnr pfhos lir rnstrubturdo` tmn Luoes dovnstcnot pirtlifdi.

Gnobmchrj Ldohobdhf Rnrvdbns, Dob. (Gnobmchrj) whs rnthdone gy

Wmien Dsfhoe Biuobdf 45 il tmn Hcnrdbho Lnenrhtdio il Rthtn, Biuoty

hoe Cuodbdphf Ncpfiynns, HLF-BDI, ti privden h prnfdcdohry nxpnrt

lirnosdb rnvdnw il tmn dovnstcnot pri`rhc ht tmn Ncpfiynn Wntdrncnot

Rystnc il Wmien Dsfhoe (NWRWD ir tmn Luoe). Pn wnrn hfsi hsjne ti

nxhcdon wmntmnr tmn Urnhsurnrs si-bhffne rnlirc h`noeh whs hbtuhffy

nomhobdo` tmn snburdty hoe susthdohgdfdty il NWRWD hoe tmn trun bists hoe

rdsjs il tmn swnnpdo` bmho`ns smn mhs dcpfncnotne.

Urnhsurnrs Fhbj il UrhosphrnobyLirnosdb dovnstd`htdios il pnosdios rnqudrn hbbnss ti nvdenobn. Dt ds lhdr

ti shy tmht tmn Illdbn il tmn @nonrhf Urnhsurnr il tmn Rthtn il Wmien


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5

Umnrn mhs gnno h

sdodstnr phff il

snbrnby rn`hredo`

luoehcnothf

dovnstcnot

dolirchtdio

irbmnstrhtne gy

sthtn illdbdhfs hoe

hdene gy jny

dovnstcnot

snrvdbns privdenrs.

Dsfhoe, tmriu`m dts hbtdios mhs chen bioeubtdo` tmdsrnvdnw io gnmhfl il phrtdbdphots do tmn Luoe lhr cirn

edlldbuft.

Umnrn mhs gnno h sdodstnr phff il snbrnby rn`hredo`

luoehcnothf dovnstcnot dolirchtdio rnfhtne ti tmn

NWRWD (subm hs tmn fnvnf il dovnstcnot hevdsiry,

pnrlirchobn hoe itmnr lnns phde lir ciony

choh`ncnot, tmn rdsjs rnfhtne ti mne`n, prdvhtn

nqudty hoe vnoturn bhpdthf strhtn`dns hoedovnstcnots, hoe biolfdbts il dotnrnst) irbmnstrhtne

gy sthtn illdbdhfs hoe hdene gy jny dovnstcnot

snrvdbns privdenrs, puobtuhtne gy pnrdiedb snfl-

snrvdo` cdsrnprnsnothtdios rn`hredo` subm

dovnstcnot chttnrs ti tmn `nonrhf pugfdb.

Umn ivnrwmnfcdo` chairdty il tmn dolirchtdio

Gnobmchrj rnqunstne lir tmds rnvdnw lric tmn

@nonrhf Urnhsurnr pursuhot ti tmn Wmien DsfhoeHbbnss ti [ugfdb Wnbires Hbt (H[WH) mhs gnno

wdtmmnfe do hpphrnot vdifhtdio il sthtn fhw: tmn

Urnhsurnr bfhdcs tmn sthtn ds biotrhbtuhffy igfd`ne ti

enlnr ti tmn ciony choh`nrs dt mhs mdrne io tmn

rnfnhsn il suppisnefy priprdnthry dolirchtdio. Umn

wirst ds ynt ti bicn sdobn tmn Urnhsurnr mhs

enfdgnrhtnfy wdtmmnfe tmn cist pitnotdhffy ehch`do`

dolirchtdio wn mhvn rnqunstne.Cist edsturgdo`, lric h rn`ufhtiry hoe pugfdb pifdby

pnrspnbtdvn, ds tmht tmn @nonrhf Urnhsurnrs prhbtdbn

il wdtmmifedo` dolirchtdio hoe dotnotdiohffy

privdedo` dobicpfntn edsbfisurns rn`hredo` NWRWDs

dovnstcnots rnsufts do1 (8) cdsfnhedo` tmn pugfdb hs ti


6/106

WmienDsfhoe[ugfdb[nosdioWnlirc1PhffRtrnntsFdbnosntiRtnhfGfhthot dffn`hfdtdns

dovifvdo` gdffdios do

rntdrncnot hssnts

ohtdiohffy, subm hs

mne`n luoes

snbrntfy prildtdo`

ht tmn nxpnosn il

pugfdb pnosdios

hbriss tmn biuotry,

enchoe ho

dccnedhtn,

libusne rnspiosngy snburdtdns

rnùfhtirs hoe fhw

nolirbncnot.

luoehcnothf dovnstcnot chttnrs, subm hs tmn trunbists hoe rdsjs rnfhtne ti dovnstdo` do mne`n, prdvhtn

nqudty, hoe vnoturn bhpdthf luoes: (7) uoenrsthtdo`

tmn dovnstcnot nxpnosns hoe rdsjs rnfhtne ti NWRWD:

hoe (2) cdsrnprnsnotdo` tmn ldohobdhf bioedtdio il tmn

sthtn il Wmien Dsfhoe ti dovnstirs.

Lir tmnsn rnhsios, dt ds rnbiccnoene tmht tmds

rnpirt, do `nonrhf, gn privdene ti snburdtdns

rnùfhtirs hoe fhw nolirbncnot lir hppriprdhtn

hbtdio. Miwnvnr, itmnr spnbdldb chttnrs denotdldne

mnrndo, d.n., hpphrnot gfhthot dffn`hfdtdns dovifvdo`

gdffdios do rntdrncnot hssnts ohtdiohffy, subm hs mne`n

luoes snbrntfy prildtdo` ht tmn nxpnosn il pugfdb

pnosdios hbriss tmn biuotry, enchoe ho dccnedhtn,

libusne rnspiosn gy snburdtdns rnùfhtirs hoe fhw

nolirbncnot, do iur ipdodio.

Wnbnotfy, liur ipno-ìvnrocnot `riups Biccio

Bhusn Wmien Dsfhoe, tmn sthtns bmhptnr il tmn

Hcnrdbho Bdvdf Fdgnrtdns odio, tmn Wmien Dsfhoe

[rnss Hssibdhtdio hoe tmn Fnhùn il Picno \itnrs

il Wmien Dsfhoe rnfnhsne h fnttnr ti tmn Urnhsurnr

vidbdo` tmndr biobnros rn`hredo` tmn Urnhsurnrs

strhtn`y il wdtmmifedo` mne`n luoe rnbires. Umnsn

`riups gnfdnvn tmht sdobn tmn ldohobdhf rnpirts hrn

phde lir wdtm pugfdb luoes hoe enthdf miw tmn sthtn dsdovnstdo` tmn pugfdbs ciony, tmny smiufe gn chen

pugfdb do tmndr notdrnty: lurtmnr tmny liuoe

triugfdo` tmn Urnhsurnrs enbdsdio ti hffiw tmn

mne`n luoes ti enbden wmht dolirchtdio ti rnfnhsn.


7/106


.> pnrbnot lric NWRWDs ldvn-ynhr hvnrh`n

dovnstcnot rnturos hoe wdff rho`n lric ; ti 5 pnrbnot.

Pmntmnr rntdrnns rnbndvn hoy BIFH wdff enpnoe upio gitm NWRWDs

luoedo` fnvnf hoe tmn Luoes hbtuhf dovnstcnot rnturosgitm il wmdbmhrn vifhtdfn, uoprnedbthgfn hoe suganbt ti chodpufhtdio gy nfnbtne

illdbdhfs hoe itmnrs. Umn chodpufhtdio il gitm il tmnsn jny `ihfpists mhs

hfrnhey gn`uo.

Do Hprdf 7;88, tmn Rthtn Wntdrncnot Gihre fiwnrne tmn sthtns hssucne

rhtn il rnturo lric =.7> pnrbnot ti 0.> pnrbnot. H rnbnot onw rnpirt gy

ho hbtuhrdhf ldrc mdrne gy tmn Urnhsurnr biobfuene tmht tmn Rthtn

Wntdrncnot Gihre smiufe biosdenr fiwnrdo` tmn hssucne 0.> pnrbnot

rhtn il rnturo nvno lurtmnr. Ui tmn surprdsn il nvno tmn hbtuhrdhf ldrcdssudo` tmn onw rnpirt, tmn Urnhsurnr bfhdcne tmn su``nstdio tmht tmn

rneubne hssucptdio il 0.> pnrbnot chy gn tii iptdcdstdb whs tnrrdldb

onws tmn oucgnrs hrn hbburhtn.


8/106

WmienDsfhoe[ugfdb[nosdioWnlirc1PhffRtrnntsFdbnosntiRtnhfPmntmnr rntdrnns

rnbndvn hoy BIFH

wdff enpnoe upio

gitm NWRWDs

luoedo` fnvnf hoe

tmn Luoes hbtuhf

dovnstcnot

rnturosgitm il

wmdbm hrn vifhtdfn,

uoprnedbthgfn hoe

suganbt ti

chodpufhtdio gynfnbtne illdbdhfs

hoe itmnrs. Umn

chodpufhtdio il

gitm il tmnsn jny

`ihfpists mhs

hfrnhey gn`uo.

Umn Urnhsurnr mhs pugfdbfy sthtne tmht tmndovnstcnot hssucptdio wdff gn rnvdnwne onxt

succnr hoe mhs hbjoiwfne`ne tmht tmn dcphbt il

hoy subm luturn rneubtdio io NWRWDs luoedo` fnvnf

biufe gn gd`. Ghsne upio rnfdhgfn siurbns, dt ds iur

uoenrsthoedo` tmht tmn hbtuhrdns mhvn h`rnne ti

strhtn`dbhffy rnbiccnoe, ivnr tdcn hoe do stnps,

lurtmnr rneubdo` tmn dovnstcnot hssucptdio ti cdffdio eiffhrs do tmn [idot Auedtm DD luoe.


19/106


8=

Umn Urnhsurnr

oithgfy lhdfne ti

cnotdio do mnr

fnttnr ti tmn Ntmdbs

Biccdssdio tmht

tmn sthtn whs h

fdcdtne phrtonr do

tmn [idot Auedtm

luoe hoe chy mhvn

grihe rd`mts do tmn

luoe tmht biolfdbt

wdtm mnrs. Lurtmnr,

smn chy mhvn

spnbdhf rd`mts tmht

pnrcdt mnr ti

prildt ht tmn sthtns

nxpnosn.

Rmn hfsi rnprnsnotne tmht tmn Rthtn's dovnstcnot dotmn luoe whs phssdvn, cnhodo` tmht hltnr sdòdo` tmn

biotrhbt wdtm [idot Auedtm hoe chjdo` dts dovnstcnot

biccdtcnot, tmn Rthtn Dovnstcnot Biccdssdio mhe

oi shy do tmn luoe's ioìdo` choh`ncnot ir

dovnstcnot enbdsdios.

Umn Urnhsurnr oithgfy lhdfne ti cnotdio do mnr fnttnr

ti tmn Ntmdbs Biccdssdio tmht tmn sthtn mhe oit

cnrnfy notnrne doti h tno-ynhr biotrhbt wdtm [idot

Auedtm. Whtmnr, tmn sthtn whs h fdcdtne phrtonr do h

luoe choh`ne gy [idot Auedtm hs @nonrhf [hrtonr

hoe, hs h fdcdtne phrtonr tmn sthtn chy mhvn grihe

rd`mts do tmn luoe's ioìdo` choh`ncnot, ir

dovnstcnot enbdsdios, tmn nxnrbdsn il wmdbm chy

biolfdbt wdtm mnr rd`mts hoe dotnrnsts.

Lurtmnr, hs h [idot Auedtm dosdenr, smn, ir itmnr

dovnstirs, chy mhvn gnno `rhotne spnbdhf rd`mts

cirn lhvirhgfn tmho tmisn rhotne ti tmn sthtn,

dobfuedo` spnbdhf wdtmerhwhf rd`mts: rd`mts ti rnbndvn

rnpirts lric tmn phrtonrsmdp io h cirn lrnqunot

ghsds ir tmht dobfuen dolirchtdio oit privdene ti

itmnr fdcdtne phrtonrs: rd`mts ti rnbndvn rneubne

rhtns il tmn dobnotdvn hffibhtdio hoe choh`ncnot

lnn: rd`mts ti rnbndvn h smhrn il tmn dobnotdvn

hffibhtdio, choh`ncnot lnn ir itmnr hciuots

nhrone gy tmn nonrhf phrtonr ir dts hlldfdhtns. Dl trun,

tmn Urnhsurnr chy fdtnrhffy gn prildtdo` ht tmn

nxpnosn il tmn sthtn.

Rdobn tmn Urnhsurnr mhs rnlusne ti edsbfisn

eibucnots rnfhtne ti tmn [idot Auedtm DD luoe, hs wnff


20/106

WmienDsfhoe[ugfdb[nosdioWnlirc1PhffRtrnntsFdbnosntiRtnhfUmn Gfdoe Urust

sbmncn tmn

Urnhsurnr

pripisne ti tmnNtmdbs Biccdssdio,

biupfne wdtm mnr

oioedsbfisurn

pifdby rn`hredo`

tmn [idot Auedtm DD

luoe, mhs rnsuftne

do iofy tmn pugfdb

gndo` gfdoe hs ti

tmn [idot Auedtm DDluoe.

Umn Whdcioei

Gfdoe Urust

biostdtutns h

cdsusn il tmn gfdoe

trust envdbn.

hs mnr hoe NWRWDs dovnstcnot do tmn luoe, tmn pugfdbbhooit joiw wmntmnr pnrcdttdo` tmn bi-dovnstcnot

ti biotdoun ds mhrcluf ti tmn Luoe. Wn`hrefnss, tmn

bmhrhbtnrdzhtdio il tmn dovnstcnot do tmn [idot Auedtm

DD Luoe hs cnrnfy h tno-ynhr biotrhbt do h phssdvn

dovnstcnot hs ti wmdbm tmn sthtn mhe oi shy ds

ondtmnr bicpfntn oir hbburhtn.

Do irenr ti brnhtn lurtmnr snphrhtdio lric mnr

dovnstcnot do tmn [idot Auedtm luoes, tmn Urnhsurnrrnprnsnotne tmht prdir ti hssucdo` illdbn smn pfhbne

hff mnr rd`mt, tdtfn hoe dotnrnst do gitm luoes doti h

gfdoe trust ensd`ohtne hs tmn Whdcioei Gfdoe Urust.

Pmdfn h gfdoe trust chy gn il vhfun do bnrthdo

bdrbucsthobns, wmnrn, hs mnrn, tmn sifn hssnts il tmn

trust, d.n. tmn smhrns do tmn twi [idot Auedtm luoes,

hrn dffdqude, d.n. bhooit gn sife lir h enbhen, oi

pritnbtdio ds hllirene. Umn purpisn il tmn gfdoe trustds ti jnnp tmn gnonldbdhry uohwhrn il tmn spnbdldb

hssnts il tmn trust, si hs ti hvide h biolfdbt il

dotnrnst gntwnno tmn gnonldbdhry hoe tmn

dovnstcnots.

Do tmds bhsn, tmn Urnhsurnr joiws prnbdsnfy tmn hssnts

mnfe do tmn Gfdoe Urust eurdo` mnr notdrn tnrc hs

Urnhsurnr hoe biotdouns ti noaiy bhsm edstrdgutdios

rnfhtne ti tmn [idot Auedtm luoesphycnotsnxpionotdhffy rnhtnr tmho mnr sthtn shfhry do tmn

phst ynhr hoe phycnots rnfhtne ti smhrns smn whs

`rhotne lir lrnn.


21/106


7;

Umn dovnstcnot

biosufthot

rnthdone ti

privden iganbtdvn

hevdbn rn`hredo`

hftnrohtdvns,

Bfdllwhtnr FFB, mhs

edsbfisne do dts RNB

ldfdo`s tmht dt

rnbndvns

bicpnoshtdio

lric dovnstcnotchoh`nrs dt

rnbiccnoes ir

snfnbts lir dts

bfdnots, dobfuedo`

Griwo Gritmnrs

Mhrrdcho wmdbm

choh`ns $707

cdffdio lir NWRWD.

Whtmnr tmho privden pritnbtdio h`hdost biolfdbts,mnrn tmn gfdoe trust snrvns ti nohgfn tmn biolfdbt il

dotnrnst dovifvdo` NWRWD ti pnrsdst tmriu`miut mnr

tnrc.

Cist dcpirthot, do bioonbtdio wdtm rhotdo` tmn

Hevdsiry Ipdodio, tmn Urnhsurnr ede oit doedbhtn, hoe

Ntmdbs Biccdssdio ede oit biosdenr, tmht tmn

Urnhsurnr wiufe sugsnqunotfy rnlusn ti edsbfisn ti

tmn pugfdb dolirchtdio rn`hredo` NWRWDs dovnstcnotdo [idot Auedtm DD.

Driodbhffy, tmn Gfdoe Urust sbmncn smn pripisne ti

tmn Ntmdbs Biccdssdio biupfne wdtm mnr

oioedsbfisurn pifdby rn`hredo` tmn [idot Auedtm DD

luoe, mhs rnsuftne do iofy tmn pugfdb gndo` gfdoe hs

ti tmn [idot Auedtm DD luoe.

Do smirt, do iur ipdodio, tmds hrrho`ncnot biostdtutnsh cdsusn il tmn gfdoe trust envdbn.

RNB Rmiufe Dovnstd`htn NWRWD DovnstcnotBiosufthot Biolfdbts, [hycnots Lric Ciony

Choh`nrs

Umn dovnstcnot biosufthot rnthdone gy NWRWD ti

privden iganbtdvn, doenpnoenot hevdbn rn`hredo`

hftnrohtdvn dovnstcnots, Bfdllwhtnr FFB, mhs edsbfisnedo dts rn`ufhtiry ldfdo`s wdtm tmn RNB tmht dt rnbndvns

bicpnoshtdio lric tmn vnry dovnstcnot choh`nrs dt

rnbiccnoes ir snfnbts lir dts bfdnots. Umn hciuot

hoe siurbns il subm bicpnoshtdio mhvn oit gnno

edsbfisne ti NWRWD ir hoyion nfsn hoe Bfdllwhtnr mhs


22/106

WmienDsfhoe[ugfdb[nosdioWnlirc1PhffRtrnntsFdbnosntiRtnhfRNB smiufe

dovnstd`htn

Bfdllwhtnrs

sugsthotdhf

dovnstcnot

choh`nr bfdnot-

ghsn, rnbnot

bmho`ns ti dts RNB

edsbfisurns hoe

dobiosdstnot

sthtncnots chen

gy rnprnsnothtdvnsil tmn ldrc ti

pugfdb pnosdio

trustnnshff il

wmdbm biostdtutn

rne lfh`s.

bmho`ne dts edsbfisurn rn`hredo` subm phycnots do dtsRNB ldfdo`s eurdo` tmn biursn il tmds rnvdnw, hs h

rnsuft il rnbnot qunstdios wn mhvn rhdsne.

Lurtmnr, Bfdllwhtnr rnprnsnothtdvns mhvn hecdttne

nfsnwmnrn tmht tmn ldrc rnbndvns ho uoedsbfisne

hciuot il bicpnoshtdio lric ht fnhst ion

pricdonot NWRWD choh`nr, Griwo Gritmnrs

Mhrrdchoh ldrc wmdbm choh`ns hpprixdchtnfy

$707 cdffdio lir tmn NWRWD hoe ds hfsi h prdvhtn nqudty

choh`nr.

Ghsne upio rnspiosns ti rnbires rnqunstne, dt ds

hpphrnot tmht NWRWD mhs onvnr hsjne Bfdllwhtnr lir

enthdfne dolirchtdio onbnsshry ti nvhfuhtn pitnotdhf

biolfdbts il dotnrnst rnfhtne ti phycnots rnbndvne

lric ciony choh`nrs, subm hs tmn ohcns il tmn

choh`nrs hoe hciuots phde ti Bfdllwhtnr. Pmdfn tmn

nllirt rnfhtne ti dovnstd`htdo` hoy subm biolfdbtne

phycnots ti Bfdllwhtnr ds cdodchf, tmn pitnotdhf

mhrc ti tmn pnosdio dl Bfdllwhtnrs rnbiccnoehtdios

mhvn gnno thdotne ds noircius.

Bfdllwhtnrs sugsthotdhf dovnstcnot choh`nr bfdnot-

ghsn, rnbnot bmho`ns ti dts RNB edsbfisurns hoe

dobiosdstnot sthtncnots chen gy rnprnsnothtdvns il

tmn ldrc ti pugfdb pnosdio trustnns hff biostdtutn, do

iur ipdodio, rne lfh`s. @dvno tmn RNBs phst

rn`ufhtiry libus io pnrvhsdvn pnosdio biosufthot

doeustry biolfdbts il dotnrnst, h rnlnrrhf lir

dovnstd`htdio gy tmn RNB ds whrrhotne.


23/106


77

Whtmnr tmho

uoenrthjn ho

doenpnoenot

dovnstd`htdio do

rnspiosn ti ho RNB

doqudry, NWRWD

rnfdne upio dts

tmno dovnstcnot

biosufthot, [B@,

lir iganbtdvn

hevdbn rn`hredo`

biotrivnrsdhfpfhbncnot h`not

lnnsht h tdcn

wmno [B@ dtsnfl

whs ncgridfne do h

ohtdiohf phy-ti-

pfhy sbhoehf.

[hy Ui [fhy [fhbncnot H`not Hgusns htNWRWD

Biotrhry ti tmn Urnhsurnrs pugfdb sthtncnots prdir

ti tmds dovnstd`htdio, uoedsbfisne pfhbncnot h`not

lnns wnrn phde gy NWRWDs dovnstcnot choh`nrs ti

dotnrcnedhrdns ir cdeefncno lir snffdo` tmndr

dovnstcnot prieubts ti NWRWD.

Do rnspiosn ti iur H[WH rnqunst, tmn Illdbn il tmn

@nonrhf Urnhsurnr doedbhtne tmht NWRWD mhe rnbndvne

h bioldenotdhf doqudry lric tmn RNB rn`hredo`

pfhbncnot h`nots io Chy =, 7;;4. Umn sthtns

rnspiosn ti tmn RNB doedbhtne, ht tmn iutsnt, tmht

NWRWD mhe oit uoenrthjno hoy doenpnoenot

dovnstd`htdio il tmn lhbts sthtne tmnrndo.

@dvno tmht tmn rifn hoe bicpnoshtdio il pfhbncnot

h`nots mhe gnbicn h md`mfy biotrivnrsdhf dssun

ohtdiowden gy 7;;4 hoe tmht tmn rdsjs, hs wnff hs

pitnotdhf rnbivnrhgfn lnns hoe ehch`ns rnfhtne ti

pfhbncnot h`nots wnrn sd`odldbhot, tmn fhbj hoy

cnhodo`luf ldeubdhry rnspiosn, d.n., ho doenpnoenot,

tmiriu`m dovnstd`htdio, gy NWRWD ti tmn RNB doqudry

whs, do iur ipdodio, donxbushgfn.

Whtmnr tmho uoenrthjn ho doenpnoenot dovnstd`htdio,

NWRWD rnfdne upio hevdbn privdene gy dts tmno prdvhtn

nqudty biosufthot, [hbdldb Birpirhtn @riup Hssnt

Choh`ncnot. Ht tmn vnry tdcn NWRWD whs rnfydo`

upio [B@ lir iganbtdvn, doenpnoenot hevdbn


24/106


Cist lfh`rhot, tmn

fhr`nst pfhbncnot

h`not lnn rnfhtne

ti ho dovnstcnot

hs ti wmdbm [B@

mhe hfsi rnbndvne

cdffdios do

pfhbncnot h`not

lnns. Umnrn whs

hgsifutnfy oi onne

ti phy hoyion ti

dotrieubn [B@ ti

tmds dovnstcnot.

Umn squhoenrdo`

il tmnsn

pfhbncnot h`not

lnns mhs onvnr

gnno dovnstd`htne

gy NWRWD.

rn`hredo` biotrivnrsdhf pfhbncnot h`not lnns uoenrsbrutdoy gy rn`ufhtirs hoe fhw nolirbncnot, dt whs

rnvnhfne do pugfdsmne rnpirts (wmdbm wnrn nhsdfy

hbbnssdgfn ti NWRWD), tmht [B@ dtsnfl whs ncgridfne do

h ohtdiohf phy-ti-pfhy sbhoehf dovifvdo` tmn ldrcs

rnfhtdiosmdp wdtm lircnr Bhf[NWR gihre cncgnr

turone pfhbn h`not, Hfgnrt \dffhfigis. \dffhfigis, wmi

rnhpne cirn tmho $>= cdffdio do pfhbncnot h`not

lnns, whs doedbtne lir lrhue nhrfdnr tmds ynhr.

Umn Luoe mhs oit do tmn ynhrs liffiwdo` tmn RNB

doqudry uoenrthjno hoy sugsnqunot doenpnoenot

dovnstd`htdio ti vnrdly tmn luff nxtnot il hoy

pfhbncnot h`not lnns phde hoe rnfhtne ehch`ns, ir

siu`mt ti rnbivnr nvno tmn joiwo pfhbncnot h`not

lnns, ir biosuftdo` lnns phde ti [B@ lir iganbtdvn, hs

ippisne ti thdotne, hevdbn.

@dvno tmht tmn hevdbn tmn pnosdio rnbndvne lric [B@

whs, ht h cdodcuc, biolfdbtne hoe pitnotdhf

vdifhtdios il fhw chy nxdst, do iur ipdodio, h

sugsnqunot doenpnoenot dovnstd`htdio smiufe mhvn

gnno uoenrthjno.

Wnbnotfy, ivnr $8 cdffdio do snbrnt pfhbncnot h`not

lnns (wmdbm wnrn prnvdiusfy bioldenotdhffy edsbfisne

ti tmn RNB) mhvn ldohffy gnno edsbfisne ti tmn pugfdb

gy NWRWD do rnspiosn ti iur H[WH rnqunsts. Cist

lfh`rhot, tmn fhr`nst pfhbncnot h`not lnn edsbfisne

($520,>;;)phde ti h md`mfy biotrivnrsdhf h`not

(Edhcioe Ne`n)rnfhtne ti ho dovnstcnot hs ti

wmdbm NWRWDs prdvhtn nqudty biosufthot, [B@, mhe


25/106


75

hfsi rnbndvne cdffdios do pfhbncnot h`not lnns. Umnrn whs hgsifutnfy oionne ti phy hoyion muoernes il tmiushoes il eiffhrs ti dotrieubn

[B@ ir NWRWD ti tmn dovnstcnot tmht [B@ whs hfrnhey lhcdfdhr wdtm. Umn

squhoenrdo` il tmnsn pfhbncnot h`not lnns mhs onvnr gnno dovnstd`htne

gy NWRWD.

Io Rnptncgnr 7;, 7;82, HLRBCN h`rnne ti phy NWRWD $7,2=>.;; lir

heedtdiohf dolirchtdio rn`hredo` pfhbncnot h`not lnns tmht tmn

Urnhsurnrs illdbn mhs rnlusne ti privden lir lrnn.

Dt ds md`mfy fdjnfy, do iur ipdodio tmht heedtdiohf lnns wnrn phde do tmn phst

tmht mhvn oit gnno edsbfisne ti tmn RNB, ir hoyion nfsn, gy NWRWD. Do tmn

nvnot tmht tmnrn hrn heedtdiohf uoedsbfisne pfhbncnot h`not lnns ht

NWRWD, rn`ufhtirs hoe pissdgfy fhw nolirbncnot smiufe gn oitdldne.


26/106


DD. DotrieubtdioIo Chy 2;, 7;82, Gnobmchrj Ldohobdhf Rnrvdbns, Dob. whs rnthdone gy

Wmien Dsfhoe Biuobdf 45 il tmn Hcnrdbho Lnenrhtdio il Rthtn, Biuoty

hoe Cuodbdphf Ncpfiynns, HLF-BDI, ti privden h prnfdcdohry nxpnrt

lirnosdb rnvdnw il tmn dovnstcnot pri`rhc ht tmn Ncpfiynn Wntdrncnot

Rystnc il Wmien Dsfhoe (NWRWD ir tmn Luoe). Umht ds, wn wnrn hsjne

ti nxhcdon wmntmnr tmn Urnhsurnrs si-bhffne rnlirc h`noeh whs

hbtuhffy nomhobdo` tmn snburdty hoe susthdohgdfdty il NWRWD hoe tmn trun

bists hoe rdsjs il tmn swnnpdo` bmho`ns smn mhs dcpfncnotne.

Biuobdf 45 ds ion il tmn ifenst hoe fhr`nst pugfdb ncpfiynn uodios do

Wmien Dsfhoe rnprnsnotdo` hpprixdchtnfy =,;;; cncgnrs. Dt ds chen up

il hpprixdchtnfy fibhf uodios do cist sthtn h`nobdns hoe bdtdns hoe

tiwos do Wmien Dsfhoe.

Umn ir`hodzhtdio hfsi rnprnsnots prdvhtn snbtir wirjnrs hoe wirjnrs do

quhsd-pugfdb h`nobdns dobfuedo` tmn Ohrrh`hosntt Ghy Biccdssdio, tmn

Wmien Dsfhoe Hdrpirt Birpirhtdio hoe Ldrst Rtuenot sbmiif gus erdvnrs.Dts fibhfs rho`n do sdzn lric = cncgnrs ti cirn tmho >;; cncgnrs. Umn

ir`hodzhtdio mhs snvnrhf biotrhbts wdtm tmn Rthtn il Wmien Dsfhoe

dobfuedo` h chstnr biotrhbt bivnrdo` ivnr >,;;; sthtn ncpfiynns hoe

eiznos il biotrhbts do bdtdns, tiwos hoe sbmiif edstrdbts.

Biuobdf 45 ds hlldfdhtne wdtm tmn Hcnrdbho Lnenrhtdio il Rthtn, Biuoty

hoe Cuodbdphf Ncpfiynns (HLRBCN) Dotnrohtdiohf wmdbm mhs cirn

tmho 8.< cdffdio cncgnrs lric Mhwhdd ti Chdon ti [unrti Wdbi. HLRBCN

ds tmn fhr`nst uodio do tmn HLF-BDI wmdbm ds tmn fhr`nst lnenrhtdio il

uodios do tmn ^odtne Rthtns, chen up il >< ohtdiohf hoe dotnrohtdiohf

uodios, ti`ntmnr rnprnsnotdo` cirn tmho 88 cdffdio wirjnrs.

Do tmds prnfdcdohry dovnstd`htdio, Gnobmchrj mhs libusne upio1 (8)

rhedbhf rnbnot (hoe luturn prianbtne) bmho`ns ti NWRWDs dovnstcnot


27/106


7) pitnotdhf biolfdbts il dotnrnstrnfhtne ti phycnots rnbndvne lric ciony choh`nrs gy tmn dovnstcnot

biosufthot rnthdone gy tmn Luoe hs h ldeubdhry ti privden iganbtdvn

hevdbn rn`hredo` mne`n luoes, vnoturn bhpdthf hoe prdvhtn nqudty

dovnstcnots, Bfdllwhtnr, FFB: (


28/106


choh`ncnot, tmn rdsjs rnfhtne ti mne`n, prdvhtn nqudty hoe vnoturnbhpdthf strhtn`dns hoe dovnstcnots, hoe biolfdbts il dotnrnst)

irbmnstrhtne gy sthtn illdbdhfs hoe hdene gy jny dovnstcnot snrvdbns

privdenrs, puobtuhtne gy pnrdiedb snfl-snrvdo` cdsrnprnsnothtdios

rn`hredo` subm dovnstcnot chttnrs ti tmn `nonrhf pugfdb.

Umn ivnrwmnfcdo` chairdty il tmn dolirchtdio wn mhvn rnqunstne lric

tmn @nonrhf Urnhsurnr pursuhot ti tmn Wmien Dsfhoe Hbbnss ti [ugfdb

Wnbires Hbt (H[WH) mhs gnno wdtmmnfe lric us, hs wnff hs lric

phrtdbdphots do tmn pnosdio, do hpphrnot vdifhtdio il sthtn fhw, hsenthdfne gnfiw.

Wnspiosns gy tmn @nonrhf Urnhsurnr ti iur HW[H rnqunsts, hs wnff hs tmn

rnqunst il itmnrs, lhff doti tmrnn bhtn`irdns.

8. Lrnn Dolirchtdio1 Bnrthdo dolirchtdio wmdbm chy mhvn hppnhrneti gn suppirtdvn il tmn Urnhsurnrs dovnstcnot enbdsdio-chjdo`,

subm hs dobicpfntn eibucnothtdio rnfhtne ti mnr cubm-tiutne

pfhbncnot h`not edsbfisurn pifdby, whs dodtdhffy privdene ti us htoi bist. Rugsnqunotfy, `rnhtnr, ynt stdff dobicpfntn, dolirchtdio

rn`hredo` dovnstcnot choh`nrs hoe lnns (dobfuedo` eibucnots

wmdbm, hs doedbhtne gnfiw, HLRBCN whs tife dt wiufe mhvn ti phy

lir), whs privdene ti Cdjn Rthotio, h rnpirtnr ht tmn fibhf

onwsphpnr tmn [rivdenobn Aiurohf, ht oi bist. Bfnhrfy, tmn denotdty

il tmn phrty rnqunstdo` tmn dolirchtdio, hs wnff hs tmn Urnhsurnrs

hssnsscnot il dts fdjnfy dcphbt ir dotnoene usn, mhvn gnno lhbtirs

tmn Urnhsurnr mhs biosdenrne do entnrcdodo` wmntmnr hoy

phycnot lir dolirchtdio rn`hredo` NWRWD wiufe gn rnqudrne.

7. [rdbny Dolirchtdio1 Pdtm rnspnbt ti bnrthdo itmnr rnhedfy-hvhdfhgfndolirchtdio, dobfuedo` dolirchtdio onbnsshry ti vnrdly ir

bicpfntn tmn rnbire hs enthdfne do chtnrdhf pugfdbfy rnfnhsne ir


29/106


7=

privdene ti us lir lrnn (subm hs dovnstcnot biotrhbtsrnlnrnobdo` pfhbncnot h`not lnns phde), tmn phycnot il

sugsthotdhf lnns, hs doedbhtne gnfiw, whs rnqudrne. H tithf il

hpprixdchtnfy $>,;;;.;; do lnns whs enchoene lir tmn

dolirchtdio wn hoe HLRBCN rnqunstne. Lurtmnr, tmn Urnhsurnrs

Illdbn doedbhtne tmht phycnot il subm sugsthotdhf lnns ede oit

`uhrhotnn tmht tmn bicpfntn dolirchtdio wiufe gn privdene.

2. Lirgdeeno Dolirchtdio (d.n., dolirchtdio tmht wdff oit gn edsbfisneti tmn pugfdb ht hoy prdbn)1 Umn ivnrwmnfcdo` chairdty il tmn jny

dolirchtdio wn, HLRBCN hoe itmnrs mhvn rnqunstne rn`hredo` tmn

Luoes dovnstcnots, subm hs tmn illnrdo` eibucnots, hoouhf

rnpirts, bhsm lfiw sthtncnots hoe pnrlirchobn hpprhdshfs

rn`hredo` tmn [idot Auedtm DD vnoturn bhpdthf luoe wmdbm tmn

Urnhsurnr lircnrfy choh`ne, sifdbdtne tmn Luoe ti dovnst $>

cdffdio, hoe biotdouns ti pnrsiohffy dovnst do: illnrdo` eibucnots

edsbfisdo` tmn pnrlirchobn hoe hssnt-ghsne lnns, fnvnrh`n,

dffdqudedty hoe vhfuhtdio rdsjs rnfhtne ti tmn Luoes oucnrius

hftnrohtdvn dovnstcnots, hs wnff hs hoy pfhbncnot h`nots

dovifvne, tmn Urnhsurnr rnlusne ti privden ti hoyion ht hoy prdbn.

Hff il tmn dolirchtdio wn hoe HLRBCN rnqunstne whs rnhedfy hvhdfhgfn

hoe il h ldohobdhf ohturn il igvdius chtnrdhfdty ti phrtdbdphots do tmn

Luoe, thxphynrs hoe dovnstirs.

Cist edsturgdo`, lric h rn`ufhtiry hoe pugfdb pifdby pnrspnbtdvn, ds tmht

tmn @nonrhf Urnhsurnrs prhbtdbn il wdtmmifedo` rnfnvhot dolirchtdio

hoe dotnotdiohffy privdedo` dobicpfntn edsbfisurns rn`hredo` NWRWDs

dovnstcnots rnsufts do1 (8) cdsfnhedo` tmn pugfdb hs ti luoehcnothf

dovnstcnot chttnrs, subm hs tmn trun bists hoe rdsjs rnfhtne ti dovnstdo`

do mne`n, prdvhtn nqudty, hoe vnoturn bhpdthf luoes: (7) uoenrsthtdo` tmn


30/106


dovnstcnot nxpnosns hoe rdsjs rnfhtne ti NWRWD, nvno hs smn hoe mnrilldbn pugfdbdzn ehth ti suppirt mnr biotnotdio tmht NWRWD bhooit hllire

ti phy bnrthdo gnonldts ti phrtdbdphots: hoe (2) cdsrnprnsnotdo` tmn

ldohobdhf bioedtdio il tmn sthtn il Wmien Dsfhoe ti dovnstirs do sthtn

igfd`htdios.

Hs sthtne io tmn wngsdtn il tmn odtne Rthtns Rnburdtdns hoe Nxbmho`n

Biccdssdio (RNB)1

Umn fhws hoe rufns tmht ìvnro tmn snburdtdns doeustry do tmn ôdtne Rthtns enrdvnlric h sdcpfn hoe strhd`mtlirwhre biobnpt1 hff dovnstirs, wmntmnr fhr`n dostdtutdios

ir prdvhtn doedvdeuhfs, smiufe mhvn hbbnss ti bnrthdo ghsdb lhbts hgiut ho dovnstcnot

prdir ti guydo` dt, hoe si fio` hs tmny mife dt. Ui hbmdnvn tmds, tmn RNB rnqudrns pugfdb

bicphodns ti edsbfisn cnhodo`luf ldohobdhf hoe itmnr dolirchtdio ti tmn pugfdb. Umds

privdens h biccio piif il joiwfne`n lir hff dovnstirs ti usn ti aue`n lir

tmncsnfvns wmntmnr ti guy, snff, ir mife h phrtdbufhr snburdty. Iofy tmriu`m tmn

stnhey lfiw il tdcnfy, bicprnmnosdvn, hoe hbburhtn dolirchtdio bho pnipfn chjn

siuoe dovnstcnot enbdsdios.

Io tmn itmnr mhoe, wmno sthtn illdbdhfs hoe pnosdio luoes, subm hs tmnUrnhsurnr hoe NWRWD, dotnotdiohffy wdtmmife ir cdsrnprnsnot ghsdb lhbts

rn`hredo` dovnstcnots chtnrdhf ti dovnstcnot enbdsdio-chjdo`, tmn piif

il joiwfne`n hff dovnstirs bho rnfy upio gnbicns biothcdohtne.

Do iur ipdodio, tmnrn ds sdcpfy oi rnhsio phrtdbdphots do tmn NWRWD, wmi

rnfy upio tmn dovnstcnot enbdsdios chen gy tmn Luoe lir tmndr

rntdrncnot snburdty, smiufe gn privdene wdtm fnss dolirchtdio, hllirene

fnss pritnbtdio uoenr tmn lnenrhf snburdtdns fhws, tmho dovnstirs wmi hrn

cncgnrs il tmn `nonrhf pugfdb.

Lir tmds rnhsio, tmds rnpirt do `nonrhf, hs wnff hs spnbdldb chttnrs rhdsdo`

rnùfhtiry biobnros denotdldne mnrndo, smiufe, do iur ipdodio, gn

privdene ti sthtn hoe lnenrhf snburdtdns rnùfhtirs lir hppriprdhtn

hbtdio, dl hoy.


31/106


2;

D\. Liur Ipno-@ivnrocnot @riups Bmhffno`n UrnhsurnrsWnlushf Ui Edsbfisn Mne`n Luoe Dolirchtdio

Do h fnttnr rnfnhsne Huùst =, 7;82, liur ipno-ìvnrocnot `riups

Biccio Bhusn Wmien Dsfhoe, tmn sthtns bmhptnr il tmn Hcnrdbho Bdvdf

Fdgnrtdns ôdio, tmn Wmien Dsfhoe [rnss Hssibdhtdio hoe tmn Fnhùn il

Picno \itnrs il Wmien Dsfhoe vidbne fn`dtdchtn biobnros rn`hredo` tmn

Urnhsurnrs strhtn`y il wdtmmifedo` mne`n luoe rnbires lric tmn

[rivdenobn Aiurohf. Umn riups wnrn rnhbtdo` ti ho Huùst 2, 7;82

[rivdenobn Aiurohf stiry hgiut tmn sthtns mne`n luoe dovnstcnots.8

Umnsn riups gnfdnvn tmht sdobn tmn ldohobdhf rnpirts hrn phde lir wdtm

pugfdb luoes hoe enthdf miw tmn sthtn ds dovnstdo` tmn pugfdbs ciony,

tmny smiufe gn chen pugfdb do tmndr notdrnty: lurtmnr tmny liuoe

triugfdo` tmn Urnhsurnrs enbdsdio ti hffiw tmn mne`n luoes ti enbden

wmht dolirchtdio ti rnfnhsn. Umn `riups smiufe gn hfhrcne snbrnby ds

brdtdbhf ti tmn Urnhsurnrs pnosdio rnlirc wnhftm trhoslnr sbmncn hoe

smn ds, do nllnbt, rnwrdtdo` tmn rufns hppfdbhgfn ti pugfdb hbbnss ti

dovnstcnot dolirchtdio do Wmien Dsfhoe ti hbbicpfdsm tmds iganbtdvn.

Hs enthdfne gnfiw, tmn Aiurohf whs ondtmnr tmn ldrst oir tmn iofy phrty ti

rnqunst rnpirts enthdfdo` NWRWDs mne`n luoe ipnrhtdios hoe lnns.

HLRBCN hoe Gnobmchrj, hs wnff hs itmnrs,7 mhe gnno rnqunstdo`

dolirchtdio rn`hredo` NWRWDs mne`n luoe hoe itmnr hftnrohtdvn

dovnstcnots ht fnhst sdobn tmn gn`doodo` il 7;82 pursuhot ti H[WH. Pn

mhe hff gnno privdene lhr fnss dolirchtdio tmho tmn [rivdenobn Aiurohf.

8Ipno-@ivnrocnot @riups Bmhffno`n Whdcioei io mne`n-luoe dolirchtdio, [rivdenobn Aiurohf,

Huùst =, 7;82.

7Pdff Wmien Dsfhoes gd` gnt io mne`n luoes phy ill9 [rivdenobn Aiurohf, Huùst 2, 7;82.


32/106


Wnlusdo` ti edsbfisn ti tmn pugfdb, dobfuedo` phrtdbdphots do tmn sthtnpnosdios, chtnrdhf dolirchtdio rn`hredo` md`m-bist, md`m-rdsj spnbufhtdvn

dovnstcnot sbmncns ds, do iur ipdodio, ghe noiu`m. Lhr cirn

doenlnosdgfn ds tmn Urnhsurnrs bfhdc tmht tmn sthtn ds biotrhbtuhffy

igfd`ne ti enlnr ti tmn mne`n luoe hoe hftnrohtdvn choh`nrs io tmn

rnfnhsn il si-bhffne priprdnthry dolirchtdio. Enfn`htdo` ti prdvhtn

notdtdns tmn enbdsdio hs ti wmht rnbires hrn hvhdfhgfn uoenr tmn sthtn

ipno-rnbires fhw wiufe, igvdiusfy, nllnbtdvnfy ouffdly dt.

Lurtmnr, hs edsbussne gnfiw, lir tmn bmdnl ldeubdhry ti h pnosdio ti h`rnn

ti pnrcdt dovnstcnot choh`nrs ti oit privden chtnrdhf dolirchtdio

rn`hredo` dovnstcnot strhtn`dns hoe pirtlifdi mifedo`s rnfhtne ti NWRWD

hssnts tmny mhvn gnno notrustne wdtm biostdtutns h bicpfntn hgri`htdio

il tmn euty ti shln`uhre pnosdio hssnts.

Pmdfn tmn Urnhsurnr bfhdcs tmht mne`n luoe choh`nr ippisdtdio ti

rnfnhsn il chtnrdhf dolirchtdio hgiut tmndr ipnrhtdios ti hoy phrty

prnbfuens edsbfisurn, do iur prilnssdiohf nxpnrdnobn tmhts uofdjnfy. Dl tmnUrnhsurnr ir Rthtn Dovnstcnot Biccdttnn whotne NWRWD dolirchtdio

chen pugfdb, tmn dovnstcnot choh`nrs, lhbne wdtm fisdo` tmn hssnts,

wiufe bicpfy.

Gnobmchrj riutdonfy rnvdnws subm mne`n luoe eibucnots io gnmhfl il

pnosdios hoe phrtdbdphots do pfhos hoe, hs doedbhtne gnfiw, whs hgfn ti

igthdo tmn suppisnefy snbrnt eibucnots rnfhtne ti choy il NWRWDs

mne`n luoe choh`nrs.

Io tmn itmnr mhoe, dl tmn choh`nrs hrn trufy uowdffdo` ti sugcdt ti

pugfdb sbrutdoy, d.n., bicpfy wdtm hppfdbhgfn pugfdb edsbfisurn fhws, tmny

smiufe oit gn notrustne wdtm tmn choh`ncnot il pugfdb hssnts.


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27

Driodbhffy, h rnvdnw gy tmn Phff Rtrnnt Aiurohf il cirn tmho 8;;,;;;lnenrhf Lrnneic il Dolirchtdio Hbt rnqunsts rnbnotfy rnvnhfne tmht

mne`n luoe choh`nrs mhvn gnno usdo` ipno-ìvnrocnot fhws ti triff

lir ldohobdhffy-rnfnvhot dolirchtdio ti lunf tmndr prildts. Dts ho

dolirchtdio hrcs rhbn, ion choh`nr ds quitne hs shydo`. Dts

dcpirthot ti try nvnry hvnoun. Dl hoyion nfsn ds eido` dt, yiu onne ti ei

dt tii.2

Ui pnrcdt mne`n luoes ti cdsfnhe tmn pugfdb hoe prildt lric tmwhrtdo`

ipno-ìvnrocnot fhws ds biotrhry ti siuoe pugfdb pifdby.

\. [nosdio Wnlirc Rbmncn Ruspnoes, Fdjnfy Noes LuturnBist il Fdvdo` Heaustcnots (BIFH) Lir Wntdrnns

H. Fiwnrdo` NWRWD Dovnstcnot Wnturo Hssucptdio Dobrnhsnsôluoene Fdhgdfdty

Do 7;88, NWRWD rntdrnns rnbndvne hvnrh`n sthtn pnosdios il $7=,2;2

hoouhffy hoe hvnrh`n cuodbdphf pnosdios il $8>,;5; hoouhffy. Doheedtdio, h BIFH il hpprixdchtnfy 2% whs phde ti suppfncnot rntdrnn

dobicn.

Do Hprdf 7;88, tmn Rthtn Wntdrncnot Gihre fiwnrne tmn sthtns hssucne

rhtn il rnturo lric =.7> pnrbnot ti 0.> pnrbnot. Do eido` si, dt dobrnhsne

NWRWDs uoluoene fdhgdfdty gy cirn tmho $8>; cdffdio. Ht tmht tdcn, tmnUrnhsurnr sthtne, Pmdfn tmds ds h cirn rnhfdstdb rhtn il rnturo, tmn

hbtuhrdns mhvn whrone tmht tmn sthtn iofy mhs h 57.> pnrbnot bmhobn il

hbmdnvdo` tmds thr`nt.5Burrnotfy, tmn sthtns hssucne dovnstcnot rnturornchdos ht 0.> pnrbnot.

2Ipno-@ivnrocnot Fhws Lunf Mne`n Luoe [rildts, Phff Rtrnnt Aiurohf, Rnptncgnr 72, 7;82.

5Urutm do Oucgnrs, Umn Rnburdty hoe Rusthdohgdfdty il Wmien Dsfhoes Wntdrncnot Rystnc, Illdbn il tmn

@nonrhf Urnhsurnr, .Auon 7;88.


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H onw rnpirt gy ho hbtuhrdhf ldrc mdrne gy tmn Urnhsurnr biobfuene tmhttmn Rthtn Wntdrncnot Gihre smiufe biosdenr fiwnrdo` tmn hssucne 0.>

pnrbnot rhtn il rnturo nvno lurtmnr. Umnrn ds iofy h 5; pnrbnot bmhobn

rnturos wdff cnnt tmn burrnot 0.> pnrbnot hssucptdio ivnr tmn onxt 7;

ynhrs, tmn ldrc gnfdnvns.

Umn Urnhsurnr mhs pugfdbfy sthtne tmht tmn dovnstcnot hssucptdio wdff gn

rnvdnwne onxt succnr hoe mhs hbjoiwfne`ne tmht tmn dcphbt il hoy

subm rneubtdio upio NWRWDs luoedo` fnvnf biufe gn gd`. Nvno dl tmn

rnturo hssucptdio ds rneubne ti 0 pnrbnot, NWRWDs hbtuhry shys tmn

Luoe wiufe iofy mhvn h >; pnrbnot bmhobn il cnntdo` dts dovnstcnot

ìhf.>

Dt ds iur uoenrsthoedo` tmht tmn hbtuhrdns mhvn h`rnne ti, ivnr tdcn hoe

do stnps, rnbiccnoe lurtmnr rneubdo` tmn dovnstcnot hssucptdio ti pnrbnot chy gn tii iptdcdstdb ds ìie onws1

Umds ds rnhffy tnrrdldb onws tiehy, tmht tmny ìt dt hff rd`mt, smn shde. Umn huedt

smiws tmn oucgnrs hrn hbburhtn.W.D. pnosdio luoe hevdsnrs su``nst sthtn biosdenr lurtmnr rneubtdio il hoouhf rnturos, [rivdenobn

Aiurohf, Rnptncgnr 87, 7;82.

pnrbnot ti 5; pnrbnot, tmhts mhrefy bioldrchtdio tmht tmn hssucptdio ds birrnbt.


35/106


25

pifdbn hoe aue`ns, uotdf NWRWDs luoedo` fnvnf lir hff riups, bhfbufhtne dotmn h``rn`htn, nxbnnes =; pnrbnot. Umn suspnosdio tiij nllnbt io Aufy 8,

7;87.

Hbbiredo` ti tmn Urnhsurnrs wngsdtn, Umn BIFH ds ion il tmn cist

nxpnosdvn hspnbts il tmn burrnot pnosdio systnc (biotdoudo` ti phy iut

h BIFH chy nvnotuhffy enpfntn tmn pnosdio luoe dl tmn 0.> pnrbnot

dovnstcnot rnturo hssucptdio ds oit hbmdnvne).

Do 7;88, tmn Urnhsurnr sthtne, dt mhs gnno nstdchtne tmht h suspnosdioil tmn BIFH lir hff hbtdvn hoe rntdrne cncgnrs uotdf tmn pfho ds =;

pnrbnot luoene wiufe rneubn tmn uoluoene fdhgdfdty gy hpprixdchtnfy $8

gdffdio.0Cirn rnbnotfy, tmn Urnhsurnrs illdbn mhs sthtne tmht prianbtne

shvdo`s lric BIFH rneubtdios hrn lhr rnhtnr, hciuotdo` ti $7.2 gdffdio

ivnr tmn onxt 7; ynhrs. Oi suppirtdvn chtnrdhf mhs gnno privdene lir

ndtmnr il tmnsn wdenfy edvnr`not nstdchtne ir prianbtne BIFH shvdo`s

hciuots.

^oenr tmn onw fhw, tmn BIFH ds thr`ntne ht 7 pnrbnot hoe wdff gnbhfbufhtne gy sugtrhbtdo` >.> pnrbnot lric NWRWDs ldvn-ynhr hvnrh`n

dovnstcnot rnturos hoe wdff rho`n lric ; ti 5 pnrbnot.

Hbbiredo` ti ho nxhcpfn io tmn Urnhsurnrs wngsdtn, dl h BIFH ds gndo`

privdene hoe tmn Luoe pnrlircs ht tmn ldvn-ynhr hvnrh`n il 0.> pnrbnot,

h BIFH il twi pnrbnot wiufe gn hppfdne ti rntdrnns pnosdios. Dl NWRWDs

ldvn-ynhr hvnrh`n dovnstcnot rnturo ds 4.> pnrbnot, rntdrnns wiufe

gnonldt lric h md`mnr-tmho-hssucne dovnstcnot rnturo hoe rnbndvn h

BIFH il liur pnrbnot. Gut dl NWRWDs rnturos ldvn-ynhr dovnstcnot `hdos il

fnss tmho >.> pnrbnot, tmnrn wiufe gn oi BIFH hwhrene.

0Urutm do Oucgnrs, Umn Rnburdty hoe Rusthdohgdfdty il Wmien Dsfhoes Wntdrncnot Rystnc, Illdbn il tmn

@nonrhf Urnhsurnr, .Auon 7;88.


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NWRWDs luoedo` fnvnf hs il Auon 2;, 7;87 whs >.;0 pnrbnot, hbbiredo`

ti tmn Urnhsurnrs illdbn hpprixdchtnfy 8; pnrbnot gnfiw tmn

cdodcuc rnqudrne lir h BIFH hwhre.

Do succhry, wmntmnr rntdrnns rnbndvn hoy BIFH wdff enpnoe upio gitm

NWRWDs luoedo` fnvnf hoe tmn Luoes hbtuhf dovnstcnot rnturosgitm il

wmdbm hrn vifhtdfn, uoprnedbthgfn hoe suganbt ti chssdvn chodpufhtdio

gy nfnbtne illdbdhfs hoe itmnrs. Umn chodpufhtdio il gitm il tmnsn jny

ìhfpists mhs hfrnhey gnùo.

B. BIFH Jdffnrs1 Hs Dovnstcnot Hssucptdio [fuccnts, Lnns [hdeUi Phff Rtrnnt Rjyribjnt

Hs cnotdione hgivn, tmn Urnhsurnr mhs hecdttne smn dotnoes ti fiwnr

tmn dovnstcnot rnturo hssucptdio do tmn luturn hoe hbjoiwfne`ne tmht

eido` si wdff sdòdldbhotfy dobrnhsn NWRWDs uoenrluoedo` gnfiw tmn

burrnot >


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2.;; lnn gy HLRBCN, hbbiredo` ti

Edo`fny, eins oit ùhrhotnn tmht tmn rnbires yiu mhvn rnqunstne

biostdtutn pugfdb rnbires (do wmifn ir do phrt, d.n., rnehbtne), gut iofy

hutmirdzns tmds illdbn ti bioeubt dts snhrbm hoe rntrdnvhf ti entnrcdon dl

rnspiosdvn rnbires nxdst, hoe dl si, wmntmnr shde rnbires hrn pugfdb

rnbires.

HLRBCNs Jrndsgnr` rnpirtnefy rnspioene ti tmn fnttnr mn rnbndvne lric

tmn @nonrhf Urnhsurnrs Illdbn gy shydo`, Umht fhoùh`n whs bfnhrfy

wrdttno lir h ensdrne iutbicn hoe tmht whs ti entnr us lric liffiwdo`

up io tmn rnqunst. Umnsn hrn pugfdb rnbirestmny whot ti ìu`n us ti

`nt tmnc, dl ht hff9 D eiot tmdoj si.

Pmht biobnros cn mnrn ds tmht tmds ds h biotdouhtdio il tmn rhtbmntdo`

up il iphqun dovnstcnots oit io tmn chrjnt, hoe wnrn oit snndo`

nxhbtfy wmhts gndo` phde ti tmn luoe choh`nrs wmi hrn irbmnstrhtdo`

tmds, Jrndsgnr` biotdoune. Umnsn typns il rnbires, dobfuedo` ghsds

pidots, hrn nonrhffy wdenfy-hvhdfhgfn. Pmhts mhppnodo` mnrn ds tmht

wnrn gndo` tife wmht tmnsn luoes hrn wirtmgy tmn pnipfn wmi hrn

choh`do` tmn luoes, hoe tmds ds oit h ìie pfhbn ti gn.85

82Umds ds rnchrjhgfn gnbhusn, do iur prilnssdiohf nxpnrdnobn, wn mhvn onvnr nobiuotnrne h sthtn

pnosdio wmdbm ede oit mhvn, do ghsds pidots, tmn lnns phde ti nhbm dovnstcnot choh`nr rnhedfy

hvhdfhgfn lir dovnstcnot biosufthots, sthll hoe gihre cncgnrs ti rnlnrnobn do rnvdnwdo` choh`nrs,

dobfuedo` bicphrdo` lnns gntwnno choh`nrs. Lhdfurn ti edsbfisn choh`nr lnns do ghsds pidots chjns dt

lhr cirn edlldbuft lir ldeubdhrdns hoe phrtdbdphots ti ciodtir hoe hssnss tmn rnhsiohgfnonss il tmn

lnns.

85HLRBCN Doli Wnqunst io Ciony Choh`nrs Lnns Gfibjne gy Whdcioei, Hprdf 8


42/106


Do succhry, hgsnot hoy hssurhobn tmht tmn dolirchtdio do tmn pugfdbrnbires rnqunstne wiufe gn privdene, nvno dl tmn $8,5=>.;; phycnot

tmn Urnhsurnrs Illdbn enchoene whs chen, HLRBCN enbfdone ti phy lir

h rnspiosn.

B. Urnhsurnr Edsbfisns $88.> Cdffdio LT 7;82 [rianbtneDovnstcnot Choh`ncnot Lnns

Ht tmn tdcn il Jrndsgnr`s rnqunst, tmn ldsbhf ynhr 7;82 prianbtne

dovnstcnot choh`ncnot lnns edsbfisne io tmn Urnhsurnrs wngsdtndoedbhtne tithf dovnstcnot choh`ncnot lnns il$88,>


43/106


57

edsbfisurn il tmn hciuot il subm lnns,8>

tmn Urnhsurnr bfhdcne do hodotnrvdnw io Hprdf >, 7;82, tmht smn ede oit joiw tmn hciuot il tmn lnns

NWRWD phde ti dts dovnstcnot choh`nrs. Enspdtn mnr fhbj il joiwfne`n,

smn hssurne rnhenrs tmht tmn uoedsbfisne lnns wnrn rnhsiohgfn1

Hff tmn lnns tmht wn phde hrn doeustry-sthoehre. Ri nvnrytmdo` wnrn eido` ds do fdon

wdtm wmht wn smiufe gn eido`. Hoe dt ds trhosphrnot Fiij, yiurn hfwhys

biobnrone ti chjn surn tmht wn eiot phy nxbnssdvn lnns Gut, h`hdo, nvnrytmdo`

wnrn dovnstdo` do hrn grhoe-ohcn ldrcs wdtm h privno trhbj rnbire hoe wn hfwhys

`nt tmn gnst lnns. Do biosufthtdio wdtm iur dovnstcnot hevdsnrs, wn on`itdhtn

wmnrnvnr pissdgfn ti chjn surn tmht tmn sthtn il Wmien Dsfhoe rnbndvns hcio` tmngnst lnns il itmnr dovnstirs.

8, 7;82, tmn [rivdenobn Aiurohf rnpirtne tmht tmn Urnhsurnrs

Illdbn mhe privdene tmn fibhf onwsphpnr wdtm rnbires smiwdo` tmht tmn

sthtn phde $8>.= cdffdio do lnns ti 84 mne`n luoes lir tmn nd`mt ciotms

noedo` Auon 2;, 7;87. Umn sthtn phde $8; cdffdio ti mne`n luoes do

choh`ncnot lnns hoe hoitmnr $>.= cdffdio do pnrlirchobn lnns.

Miwnvnr, tmn illdbn sthtne dt biufe oit dccnedhtnfy prieubn miw cubm

do lnns mhe gnno phde sdobn tmno, `dvno miw tmn rnbires hrn jnpt. Umisn

lnns hrnot do tmn enthdfne ciotmfy dovnstcnot rnpirts prieubne lir

8>Wmien Dsfhoe [ugfdb [nosdio Wnlirc Fiijs Cirn Fdjn Phff Rtrnnt Lnnedo` Lrnozy, Newhre Rdnefn.

8 cdffdio fhst ynhr do

luoe nxpnosns.72

Iobn h`hdo, tmds dolirchtdio whs dolirchffy privdene ti tmn [rivdenobn

Aiurohf ht oi bist.75 Umn $50.> cdffdio do nstdchtne mne`n luoe lnns phde

do LT 7;82rnfhtne ti iofy h schff pnrbnoth`n (85 pnrbnot) il tmn NWRWD

pirtlifdihfrnhey nxbnnene tmn notdrn hciuot il dovnstcnot nxpnosns

sugsnqunotfy edsbfisne lir LT 7;87, hs edsbussne gnfiw.

M.Urnhsurnr Ldohffy Edsbfisns $52.2 Cdffdio Do UithfDovnstcnot Nxpnosns [hde Gy NWRWD do LT 7;87Umn edsbfisurn rn`hredo` pnosdio dovnstcnot nxpnosns io tmn wngsdtn il

tmn Illdbn il tmn Urnhsurnr mhs gnno ciedldne sd`odldbhotfy ivnr tmn phst

sdx ciotms do rnspiosn ti riwdo` brdtdbdsc. Uiehy, do tmn Lrnqunotfy

Hsjne Xunstdios (LHXs), tmn Urnhsurnr hecdts tmht tmn dovnstcnot

nxpnosns mhvn dobrnhsne gut tmht do rnturo tmn pirtlifdi mhs cirn

edvnrsdldbhtdio hoe fnss rdsj.

Umn LHX rnspiosns sthtn tmht pnosdio dovnstcnot nxpnosns hrn phde do

twi whys1 edrnbt-gdffne choh`ncnot lnns tmht hrn rnpirtne ti tmn

Rthtn Dovnstcnot Biccdssdio nhbm ciotm hoe doedrnbt choh`ncnot

hoe pnrlirchobn lnns tmht wdff(ncpmhsds heene) gn pistne do

bioauobtdio wdtm tmn Urnhsury Hoouhf Wnpirt, `nonrhffy pugfdsmne sdx

ciotms hltnr tmn noe il tmn ldsbhf ynhr. (Umht ds, do tmn luturn doedrnbt

lnns phde gy NWRWD wdff gn edsbfisne ti tmn pugfdblir tmn ldrst tdcn

nvnr.)

Umn hgivn edsbfisurn chjns dt bfnhr tmht wmdfn tmn Rthtn Dovnstcnot

Biccdssdio mhs rnbnotfy hpprivne h erhchtdb dobrnhsn do tmn hciuot il

72Pdff Wmien Dsfhoes gd` gnt io mne`n luoes phy ill9 [rivdenobn Aiurohf.

75Unfnpmion biovnrshtdio wdtm Cdjn Rthotio, [rivdenobn Aiurohf.


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NWRWD hssnts hffibhtne ti md`m-bist hftnrohtdvn dovnstcnot choh`nrs, tmnRDB mhs oit nvnrrnvdnwne tmn tithf, d.n., edrnbt hoe doedrnbt,

bicpnoshtdio NWRWD phys nhbm hoe hff il tmn dovnstcnot choh`nrs dt mhs

mdrne.

Hs cnotdione nhrfdnr, tmn Rthtn Dovnstcnot Biccdttnn mhs h ldeubdhry

euty ti ciodtir NWRWD dovnstcnot lnns lir rnhsiohgfnonss. Pdtmiut

bicpfntn dolirchtdio rn`hredo` lnns phde, tmn RDB mhs oit (hoe bhooit)

lufldff dts ldeubdhry igfd`htdio wdtm rnspnbt ti rnvdnw il dovnstcnot lnns.

Hpphrnotfy, tmn nxpionotdhf dobrnhsn do lnns (hpprixdchtnfy 5;;%

tmriu`m LT 7;87) rnfhtne ti rnstrubturdo` tmn pnosdio hoe mdrdo`

hftnrohtdvn choh`nrs whs onvnr griu`mt ti tmn httnotdio il, ir rnvdnwne

gy, tmn RDB.

Do tmn LHXs, tmn Urnhsurnr biotdouns ti chdothdo tmht iofy edrnbt gdffne

dovnstcnot nxpnosns hrn nhsdfy trhbjne. Umds ds nspnbdhffy hfhrcdo` sdobn

dt ds sthtne io tmn wngsdtn tmht hff il NWRWDs hssnt choh`nrs, nxbnpt

`fighf nqudty hoe ldxne dobicn choh`nrs, d.n., tmn ivnrwmnfcdo`chairdty, mhvn doedrnbt pnrlirchobn lnns wmdbm, hbbiredo` ti tmn

Urnhsurnr, hrn bmhffno`do` ti vnrdly hoe rnpirt.

Umnrn hrn 0< NWRWD choh`nrs wdtm pnrlirchobn lnns, hbbiredo` ti tmn

Urnhsurnrs wngsdtn.

Io tmn itmnr mhoe, do tmn LHXs tmn Urnhsurnr bfhdcs tmht tmnrn hrn

choy bmnbjs hoe ghfhobns ti nosurn tmht tmn hftnrohtdvn choh`nrs hrn

eneubtdo` tmnsn doedrnbt, edlldbuft ti trhbj, lnns pripnrfy1Mne`n luoe rnturos, ont il lnns, hrn bhfbufhtne ciotmfy gy tmdre-phrty

hecdodstrhtirs wmi hrn rnspiosdgfn lir ciodtirdo` Wmien Dsfhoe dovnstcnots. Umny

bmnbj vhfuhtdios il tmn hssnts, hs wnff hs pnrlirchobn bhfbufhtdios. Heedtdiohffy

Bfdllwhtnr, tmn Rthtn Dovnstcnot Biccdssdios biosufthot, bmnbjs wdtm luoes io h


49/106


5=

ciotmfy ghsds. Io ho hoouhf ghsds tmn biosufthot rnvdnws tmn luoes' ipnrhtdios hs

ei tmn luoes' huedtirs. Dovnstcnot edvdsdio sthll hfsi fiijs ht rnturos, lnns hoe vhfun

io ho hoouhf ghsds, hoe lir hoy hssnt choh`nrs tmht hppnhr hs iutfdnrs.

Umn tithf dovnstcnot choh`ncnot lnns lir LT 7;87 (hs edsbfisne io tmn

wngsdtn) hrn sthtne hs hpprixdchtnfy $52.2 cdffdio. Miwnvnr, h liitoitn

ti tmn lnn thgfn whros1

Gnbhusn doedrnbt nxpnosns hrn oit rnhedfy snphrhgfn lric ont dovnstcnot dobicn,

tmn nxpnosns edsbfisne mnrn hrn privdene io h gnst-nllirts ghsds, dotnoene ti gnusne lir dffustrhtdvn purpisns iofy.

Do itmnr wires, tmn dovnstcnot nxpnosns edsbfisne mhvn oit gnno

huedtne.

Rdobn tmn purpisn il edsbfisdo` nxpnosns do pugfdb pnosdio ldohobdhf

sthtncnots ds ti privden rnfdhgfn dolirchtdio lir phrtdbdphots, thxphynrs

hoe itmnrs (dobfuedo` RDB cncgnrs), edsbfisurn lir dffustrhtdvn purpisns

iofy ds wirtmfnss. Lurtmnr, wdtm rnspnbt ti NWRWD tmnrn ds oi onne lir

dffustrhtdvn edsbfisurn sdobn enldodtdvn dolirchtdio rn`hredo` tmnsn

nxpnosnsnxpnosns wmdbm mhvn hfrnhey gnno phde ds rnhedfy hvhdfhgfn.

D. Urnhsurnr Edsbfisns $0; Cdffdio Do Nstdchtne LT 7;82Dovnstcnot Nxpnosns

Hbbiredo` ti pugfdsmne rnpirts, prnfdcdohry oucgnrs prnsnotne ti tmn

Rthtn Dovnstcnot Biccdssdio io Rnptncgnr 7>, 7;82, edsbfisne tmht

NWRWD phde hgiut $0; cdffdio do choh`ncnot hoe pnrlirchobn lnns.Hoon-Chrdn Ldoj, tmn sthtn's Bmdnl Dovnstcnot Illdbnr, shde tmn sthtn

phde hgiut $2< cdffdio do choh`ncnot lnns hoe hoitmnr $25 cdffdio do

pnrlirchobn lnns lir tmn ynhr tmht noene Auon 2;, hbbiredo` ti mnr


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nstdchtns.7> Umn RDB whs tife tmht lurtmnr dolirchtdio hgiutdovnstcnot lnns wdff gn edsbfisne ht tmn Enbncgnr cnntdo`.

Do itmnr wires, tmn LT 7;82 tithf hbtuhf lnns phde gy NWRWD mhvn ynt ti

gn edsbfisne.

A. LT 7;87 Hoe LT 7;82 Edsbfisne Dovnstcnot NxpnosnsRtdffRd`odldbhotfy oenrsthtneHpprihbm $8;; Cdffdio

@dvno tmn cyrdhe lnns rnfhtne ti hftnrohtdvn dovnstcnots: tmn doeustrysfhbj il trhosphrnoby hoe pnrvhsdvn biolfdbts il dotnrnst, hs wnff hs tmn

Urnhsurnrs uowdffdo`onss ti edsbfisn tithf lnns pricptfy, tmn NWRWD

dovnstcnot nxpnosns lir LT 7;87, wmdbm ivnr tmn phst sdx ciotms mhvn

gnno edsbfisne gy tmn Urnhsurnr hs riwdo` lric $8;.< cdffdio: ti $22.8

cdffdio: tmno $52.2 cdffdio, biotdoun ti gn chtnrdhffy uoenrsthtne.

Lurtmnr, tmn NWRWD dovnstcnot nxpnosns lir LT 7;82, wmdbm mhvn gnno

nstdchtne gy tmn Urnhsurnr hs riwdo` lric $88.> cdffdio: ti $50.>

cdffdio: tmno $0; cdffdio, biotdoun ti gn chtnrdhffy uoenrsthtne.

Lir nxhcpfn, luoe hecdodstrhtdio: dotnrnst io fnvnrh`n: hbqudsdtdio hoe

edspisdtdio lnns (dobfuedo` lircdehgfn snburdtdns trhedo` bists) mhvn oit

gnno dobfuene hs nxpnosns. Umnsn heedtdiohf nxpnosns bicgdone bho

nhsdfy nxbnne 7 pnrbnot hoouhffydo heedtdio ti tmn 7 pnrbnot hssnt-

ghsne hoe 7; pnrbnot pnrlirchobn lnnsheedo` $7; cdffdio hoouhffy ti

NWRWDs hfrnhey sihrdo` edsbfisne hoouhf dovnstcnot nxpnosns.

Hoyion wmi joiws hoytmdo` hgiut mne`n luoes ds hwhrn tmht tmnsn prdvhtndovnstcnot piifs eio't bicn bmnhpfy. Gut tmn typdbhf choh`ncnot lnns il 8% ti 7%

il ont hssnts -- pfus 7;% il tmn prildts -- hrn iltno iofy phrt il tmn tithf thg. Hee do

nxtrh bmhr`ns lir dtncs subm hs huedts, hbbiuot hecdodstrhtdio, hoe trhenr giousns,

7>WD sthtn pnosdio luoe nhrone 88.8 pnrbnot hltnr phydo` $0; cdffdio do lnns, [rivdenobn Aiurohf.


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>;

hoe tmn hvnrh`n mne`n-luoe dovnstir phys hs cubm hs 2.>% il hssnts h ynhr,hbbiredo` ti h rnbnot stuey gy FAM @fighf Dovnstcnots, h Ohpfns (Lfh.) hevdsnr ti

mne`n-luoe dovnstirs.7. Urhedo` bists, wmdbm bho gn sugsthotdhf,

hrn oit dobfuene do tmds nstdchtn.


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\DD. NWRWDs Mne`n, \noturn, Wnhf Nsthtn hoe [rdvhtn NqudtyHftnrohtdvn Dovnstcnots

H. Md`m Lnns Eiot Chttnr, Iofy Dovnstcnot [nrlirchobnHbbiredo` ti tmn Bicpisdtn Wnpirtdo` Dovnstcnot \hfuhtdio il NWRWD hs

il Aufy 28, 7;82, hpprixdchtnfy $8.4 gdffdio il tmn Luoes $0.02 gdffdio do

hssnts, ir hpprixdchtnfy 7> pnrbnot, whs dovnstne do hftnrohtdvn

dovnstcnot luoes, dobfuedo` nqudty mne`n luoes: prdvhtn nqudty: rnhf

nsthtn hoe rnhf rnturo mne`n luoes.

Hpprixdchtnfy $8 gdffdio do hssnts do dovnstne do 8= mne`n luoes.

Pmdfn tmn Urnhsurnr mhs ynt ti edsbfisn tmn luff hciuot il NWRWDs

nsbhfhtdo` dovnstcnot nxpnosns, smn mhs sthtne (wmno qunstdione hgiut

mne`n luoe lnns hoe trhosphrnoby ht h Rthtn Dovnstcnot Biccdssdio

cnntdo` tmds sprdo`) tmht smn ds triugfne gy tmn lnns. Gut cy aig ds ti

chxdcdzn rnturos.70

Do itmnr wires, dl dovnstcnot pnrlirchobn ds supnrdir, tmn md`m lnnsmne`n luoes bmhr`n hrn hbbnpthgfn.

Do Hprdf 7;82, wmno qunstdione hgiut tmn pnrlirchobn il NWRWDs mne`n

luoes, tmn Urnhsurnr rnspioene1

Hs yiu shy, dts h yiuo` pri`rhc, si dts nhrfy `ido` gut wnrn pfnhsne. Ri lhr tmn

pnrlirchobn mhs nxbnnene tmn doenx gy ivnr 7% hoouhffy.

Ivnr tmn fhst 8; ynhrs tmn sthtns prdvhtn-nqudty dovnstcnots mhvn nhrone ho

hoouhfdzne rnturo tmht nxbnnes tmn R&[ >;; doenx gy >%, hoe tmn mne`n luoesh`hdo, nhrfy rnturos gut mhvn nxbnnene tmn doenx gy ivnr 7%.

X1 Nxbnnene tmn R&[ >;; Doenx ir tmn mne`n luoe luoe-il-luoes9

70De ht 75.


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>7

Umn mne`n luoe luoe-il-luoes.7=

Miwnvnr, tmnrn ds oi priil tmht hftnrohtdvn dovnstcnots gnht tmn

chrjnt. Doenne, pissdgfy tmn wirfes rnhtnst dovnstir, tmn Irhbfn il

Ichmh, Phrrno Gullnt, ldvn ynhrs h`i wh`nrne $8 cdffdio tmht mne`n

luoes wiufe oit gnht tmn R&[ >;; ivnr tmn onxt tno ynhrs. Ht tmds pidot

Gullnt ds stdff mhoedfy wdoodo`, hs mne`n luoes rnturone ho hvnrh`n il >.>

pnrbnot do 7;87 vnrsus tmn hfcist 8< pnrbnot R&[ `hdo.

Gfiicgnr` Gusdonsswnnjs privibhtdvn bivnr stiry Mne`n Luoes Hrn

lir Rubjnrs, io Aufy 88, 7;82 edsbussne rnvnrshfs il lirtuons dovifvdo`

choy fnhedo` mne`n luoe choh`nrs. Lurtmnr, tmn ch`hzdon oitne tmht =

il tmn fhst 8; ynhrs sdcpfn, fiw-bist doenx luoes mhvn iutpnrlircne

mne`n luoes.

Hbbiredo` ti tmn hutmirs il tmn Chryfhoe Rtuey bdtne nhrfdnr rn`hredo`

sthtn pnosdios174

Ui try hoe bicpnoshtn lir tmn lhbt tmht gnhtdo` tmn chrjnt ds edlldbuft wdtm

pugfdbfy-trhene snburdtdns, choy pugfdb pnosdio luoes mhvn dobrnhsne tmndr nxpisurnti hftnrohtdvn dovnstcnot choh`nrs, wmi bfhdc h snbrnt shubn tmht hffiws tmnc ti

gnht tmn pugfdb chrjnts biosdstnotfy. Miwnvnr, tmnrn ds oi sbdnotdldb nvdenobn ti

suppirt subm h oitdio. Choy hftnrohtdvn choh`nrs guy hoe snff pugfdbfy trhene

snburdtdns (d.n., mne`n luoes), si tmds denh ds sdcpfy ife wdon do h onw gittfn.

Lurtmnrcirn, tmn prdvhtn nqudty doeustry mhs ynt ti illnr priil tmht prdvhtn nqudty

biosdstnotfy gnhts tmn rnfnvhot pugfdb nqudty chrjnt doenx, hltnr lnns

Bicpfdbhtdo` [rdvhtn Nqudty pnrlirchobn cnhsurns ds tmn lhbt tmht choy fnvnrh`ne

guyiuts lric tmn prn-brhsm pnrdie mhvn ynt ti snff, hoe tmn sthtn pnosdio systncs

7=X&H1 Whdcioei ldrns ghbj hltnr Lirgns biotrdgutir htthbjs mnr, P[WD.bic. Pmdfn NWRWD eins oit

dovnst do mne`n luoe il luoes, dt usns h Mne`n LIL Doenx ti gnobmchrj dts mne`n luoe dovnstcnots.

Eun ti tmn cuftdpfn fhynrs il lnns rnfhtne ti mne`n luoe il luoes wmdbm rneubn ont rnturos, tmds doenx

ds dohppriprdhtn ti usn hoe lhr nhsdnr lir NWRWDs mne`n luoe choh`nrs ti iutpnrlirc.

74Phff Rtrnnt Lnns, Dovnstcnot Wnturos, Chryfhoe hoe 54 Itmnr Rthtn [nosdio Luoes gy Anll Miijn

hoe Aimo A. Phftnrs, Aufy 7, 7;82.


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rnfy io tmn guyiut luoes do-miusn vhfuhtdio il subm dovnstcnots ti entnrcdon tmnsystncs iwo dovnstcnot rnturos. Umn sthtns nxnrbdsn fdcdtne supnrvdsdio ivnr tmn

guyiut luoes, hoe nxhcdohtdio il guyiut luoe pirtlifdi vhfuns gy guyiut luoe

doenpnoenot bnrtdldne pugfdb hbbiuothots ds fnss tmho rdìrius.

G. Dovnstcnot ôenrpnrlirchobn Einsot Chttnr, IofyEdvnrsdldbhtdio Hoe Wdsj Wneubtdio

Hs tmn dovnstcnot pnrlirchobn il NWRWD mhs biotdoune ti fh` gnmdoe dts

pnnrs uoenr tmn onw cdx il hssnts heiptne ht tmn Urnhsurnrs

rnbiccnoehtdio tmht rnfdns cirn mnhvdfy io mne`n luoes,2; tmnUrnhsurnr mhs hbjoiwfne`ne tmht mnr onw dovnstcnot strhtn`y biufe

rneubn tmn upsden pitnotdhf lir NWRWDs dovnstcnots. Umn Urnhsurnr

bfhdcs NWRWD wdff gnonldt ivnr tdcn gnbhusn il h rneubtdio do tmn rdsj hoe

vifhtdfdty il tmn pnosdios pirtlifdi hs h rnsuft il hftnrohtdvns. Do smirt,

fiss il upsden rnturo ds hbbnpthgfn hs fio` hs eiwosden rdsj ds rneubne.

Miwnvnr, tmn hrùcnot tmht md`m-bist, md`m-rdsj mne`n luoes rneubn rdsj

ir privden edvnrsdldbhtdio ds ennpfy lfhwne. H`hdo do tmn wires il tmn

hutmirs il tmn Chryfhoe stuey1

Pmno qunstdione hgiut tmn uoprivno rnturo mdstiry il hftnrohtdvn hssnts, pugfdb

pnosdio luoes illdbdhfs hoe dovnstcnot biosufthots typdbhffy rnspioe, Cnedibrn

pnrlirchobn chy gn trun, gut hftnrohtdvns hffiw edvnrsdldbhtdio iut il pugfdb nqudty

hoe pugfdb ldxne-dobicn chrjnts. Umds sthtncnot smiws h fhbj il uoenrsthoedo`

hgiut hftnrohtdvns. Mne`n luoes, hs oitne, prdobdphffy dovnst do pugfdbfy-trhene

snburdtdns

2;Wmien Dsfhoes $0. gdffdio nhrone 87.52 pnrbnot ivnr tmn shcn pnrdie, hbbiredo`

ti Pdfsmdrn Hssibdhtns. Mne`n luoe uoenrpnrlirchobn hfion hciuotne ti $8;; cdffdio.
http://www.wpri.com/dpp/news/politics/state_politics/ri-pension-fund-earned-111-in-2012-13-as-market-reboundshttp://www.wpri.com/dpp/news/politics/state_politics/ri-pension-fund-earned-111-in-2012-13-as-market-reboundshttp://www.wpri.com/dpp/news/politics/state_politics/ri-pension-fund-earned-111-in-2012-13-as-market-rebounds


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>5

[rdvhtn nqudty luoes, do biotrhst, hbqudrn chdofy snburdtdns do prdvhtnfy-iwonebirpirhtdios. Umn uoenrfydo` dssunrs il subm prdvhtn snburdtdns mhvn nbioicdb

httrdgutns tmht hrn sdcdfhr do choy whys ti tmndr pugfdbfy-trhene biuotnrphrts.

Umhts mhrefy edvnrsdldbhtdio.28

Lurtmnr, wmdfn tmn fiss il upsden rnturo ht NWRWD ds hpphrnot ht tmds tdcn,

hciuotdo` ti muoernes il cdffdios il eiffhrs, tmn hciuot il hoy

pitnotdhf eiwosden pritnbtdio hllirene gy tmn hftnrohtdvns ds uoprivno

hoe uojoiwo.27

Umus, dt ds dcpissdgfn lir tmn ldeubdhrdns il tmn Luoe ti hssnss wmntmnr

tmn chssdvn bist rnfhtne ti hoy suppisne rdsj rneubtdio ds rnhsiohgfn.

B. Mne`n Luoe Eibucnots Wnvnhf Chssdvn Wdsj, Ldeubdhry GrnhbmnsHoe [itnotdhf Dffn`hfdtdns

Do irenr ti entnrcdon wmntmnr tmn mne`n luoe dovnstcnots iwone gy

NWRWD fiwnr tmn pnosdios rdsj, hs tmn Urnhsurnr mhs rnprnsnotne, wn

rnvdnwne tmn illnrdo` cncirhoeh rnfhtne ti choy il tmnsndovnstcnots.22

28Phff Rtrnnt Lnns, Dovnstcnot Wnturos, Chryfhoe hoe 54 Itmnr Rthtn [nosdio Luoes gy Anll Miijn

hoe Aimo A. Phftnrs, Aufy 7, 7;82.

27Umn hvnrh`n mne`n luoe fist 8= pnrbnot il dts vhfun do 7;;=, tmn doeustry's wirst pnrlirchobn hoe

riu`mfy 8; pnrbnot il mne`n luoes smut eiwo do 7;;=. Mne`n Luoes Uiij H Rnrdius Mdt do 7;;=, BGR

Ciony Phtbm, Ibtignr 85, 7;8;.

22Pmdfn tmn Urnhsurnr mhs rnlusne ti edsbfisn tmnsn cncirhoeh hoe itmnr eibucnots rnfhtne ti tmn

hftnrohtdvns ti tmn pugfdb, bfhdcdo` tmht tmn eibucnots biothdo priprdnthry gusdonss dolirchtdio,tmiushoes il bipdns il tmnsn illnrdo` eibucnots mhvn gnno edstrdgutne gy tmn luoes dovnstcnot

choh`nrs ti nxdstdo` hoe prispnbtdvn dovnstirs, hs wnff hs dolfunotdhf dotnrcnedhrdns, subm hs

dovnstcnot biosufthots. Hs edsbussne cirn luffy gnfiw, bnrthdo il tmn mne`n luoe illnrdo`

cncirhoeh doedbhtn tmht dovnstirs wdff oit rnbndvn bicpfntn dolirchtdio rn`hredo` dovnstcnot

strhtn`dns hoe pirtlifdi dovnstcnots. Umus, dt chy gn tmht tmn Urnhsurnr, do lhbt, mhs h`rnne ti pnrcdt

tmn choh`nrs ti oit privden hoy il tmn luoehcnothf dolirchtdio wn hoe itmnrs mhvn rnqunstne

rn`hredo` tmnsn dovnstcnots.


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8. Md`m Wdsj, Dffdqude, Rpnbufhtdvn DovnstcnotsUmn Hsbnoe [hrtonrs DD illnrdo` cncirhoeuc hoe itmnr illnrdo`

eibucnots rnfhtne ti NWRWDs mne`n luoe dovnstcnots `nonrhffy

pricdonotfy sthtn (do bhpdthf, gife fnttnrdo`) tmht ho dovnstcnot do h

mne`n luoe ds spnbufhtdvn, dovifvns h md`m en`rnn il rdsj, hoe ds sudthgfn

iofy lir pnrsios wmi hrn wdffdo` hoe hgfn ti hssucn tmn rdsj il fisdo`

tmndr notdrn dovnstcnot. Umn phrtonrsmdp dotnrnsts illnrne hrn dffdqude. Oi

pugfdb chrjnt lir tmn phrtonrsmdp dotnrnsts nxdsts hoe oion wdff gn

envnfipne.

Do succhry, tmn Urnhsurnrs rnprnsnothtdios rn`hredo` tmn fnvnf il rdsj

rnfhtne ti NWRWDs mne`n luoe dovnstcnots hrn wmiffy dobiosdstnot wdtm

tmn mne`n luoe choh`nrs iwo wires.

7. Pden Fhtdtuen Wn`hredo` Md`m Wdsj Dovnstcnot Rtrhtn`dns UmhtChy Bmho`n Ht Hoy Udcn

NWRWDs mne`n luoes `nonrhffy edsbfisn spnbdldb rdsjs rnfhtne tidovnstcnot strhtn`dns tmny chy pursun subm hs smirt-snffdo`: dovnstdo` do

rnstrdbtne ir dffdqude snburdtdns hs ti wmdbm vhfuhtdio uobnrthdotdns chy

nxdst: fnvnrh`n io h cienrhtn ti uofdcdtne ghsds, hs wnff hs chr`do

girriwdo`: iptdios: enrdvhtdvns: edstrnssne hoe enlhuftne snburdtdns hoe

strubturne ldohobn snburdtdns. Lurtmnr, tmn choh`nrs whro pitnotdhf

dovnstirs tmny nonrhffy nxpnbt tmn fnvnf il biccdssdio bmhr`ns hoe

itmnr trhoshbtdio bists ti gn md`m.

Ui chjn chttnrs wirsn, tmn choh`nrs mhvn wden fhtdtuen ti dovnst irtrhen tmn luoes hssnts, hoe ti pursun hoyphrtdbufhr strhtn`y ir thbtdb


57/106


>=

rn`hredo` dovnstcnots hoe strhtn`dns ti hff dovnstirs. Bnrthdo cystnrydovnstirs chy dovnst io tnrcs tmht privden hbbnss ti dolirchtdio tmht ds

oit nonrhffy hvhdfhgfn ti itmnr dovnstirs hoe, hs h rnsuft, chy gn hgfn ti

hbt io subm heedtdiohf dolirchtdio (n.`., rnqunst wdtmerhwhf il tmndr

ciodns) tmht itmnr dovnstirs ei oit rnbndvn.

Hbbiredo` ti Grnvho Miwhre, Umn @nonrhf [hrtonr chy do dts hgsifutn

edsbrntdio h`rnn ti privden bnrthdo strhtn`db dovnstirs do tmn [hrtonrsmdp

wdtm dolirchtdio hgiut tmn [hrtonrsmdp hoe dts dovnstcnots wmdbm ds oit

hvhdfhgfn ti dovnstirs nonrhffy.

Rhys tmn Doeus Hsdh [hbdldb Luoe, tmn Luoe, do dts sifn edsbrntdio, chy

pnrcdt subm edsbfisurn io h snfnbt ghsds ti bnrthdo smhrnmifenrs dl tmn

Luoe entnrcdons tmht tmnrn hrn sulldbdnot bioldenotdhfdty h`rnncnots

hoe pribneurns do pfhbn.

Ehvdesio Jncponr sthtns, Umn Luoe mhs notnrne hoe chy notnr doti

sden fnttnrs hoe itmnr h`rnncnots hoe hrrho`ncnots wdtm bnrthdo

dovnstirs pursuhot ti wmdbm, hcio` itmnr tmdo`s, ho dovnstir chyrnbndvn rnpirts hoe mhvn hbbnss ti dolirchtdio rn`hredo` tmn Luoe's

pirtlifdi tmht cd`mt oit gn nonrhffy hvhdfhgfn ti itmnr smhrnmifenrs.

Rubm dovnstirs chy gn hgfn ti ghsn tmndr dovnstcnot enbdsdios,

dobfuedo , wdtmiut fdcdthtdio, rnenncdo` tmndr Rmhrns lric tmn Luoe, io

dolirchtdio tmht ds oit `nonrhffy hvhdfhgfn ti itmnr smhrnmifenrs.

Umn Hsbnoe [hrtonrs Luoe DD nfhgirhtns, Umn [hrtonrsmdp hoe tmn

@nonrhf [hrtonr chy lric tdcn ti tdcn notnr doti h`rnncnots wdtm ion

ir cirn Fdcdtne [hrtonrs wmnrngy do biosdenrhtdio lir h`rnndo` tidovnst bnrthdo hciuots do tmn [hrtonrsmdp hoe itmnr biosdenrhtdio

enncne chtnrdhf gy tmn @nonrhf [hrtonr, subm Fdcdtne [hrtonrs chy gn

`rhotne lhvirhgfn rd`mts oit hllirene ti itmnr Fdcdtne [hrtonrs ir

dovnstirs, nonrhffy. Rubm rd`mts chy dobfuen ion ir cirn il tmn

liffiwdo`1 spnbdhf rd`mts ti chjn luturn dovnstcnots do tmn [hrtonrsmdp


60/106


hoe/ir tmn Itmnr Hbbiuots, hs hppriprdhtn: spnbdhf wdtmerhwhf rd`mts,rnfhtdo` ti lrnqunoby, oitdbn hoe/ir itmnr tnrcs: rd`mts ti rnbndvn

rnpirts lric tmn [hrtonrsmdp io h cirn lrnqunot ghsds ir tmht dobfuen

dolirchtdio oit privdene ti itmnr Fdcdtne [hrtonrs (dobfuedo`, wdtmiut

fdcdthtdio, cirn enthdfne dolirchtdio rn`hredo` pisdtdios): rd`mts ti

rnbndvn rneubne rhtns il tmn Dobnotdvn Hffibhtdio hoe/ir Choh`ncnot

Lnn: rd`mts ti rnbndvn h smhrn il tmn Dobnotdvn Hffibhtdio, Choh`ncnot

Lnn ir itmnr hciuots nhrone gy tmn @nonrhf [hrtonr ir dts hlldfdhtns: hoe

subm itmnr rd`mts hs chy gn on`itdhtne gntwnno tmn [hrtonrsmdp hoesubm Fdcdtne [hrtonrs. Umn [hrtonrsmdp hoe tmn @nonrhf [hrtonr chy

notnr doti subm h`rnncnots wdtmiut tmn biosnot il ir oitdbn ti tmn

itmnr Fdcdtne [hrtonrs.

Do itmnr wires, NWRWD mhs ritnsqunfy biosnotne, lir uodch`dohgfn

rnhsios, ti tmn choh`nrs pnrcdttdo` itmnr cystnry dovnstirs do tmn

mne`n luoes ti prildt ht dts nxpnosnnllnbtdvnfy rhotdo` h fdbnosn ti

stnhf lric tmn sthtn pnosdio ti tmnsn uojoiwo dovnstirs. Umn denotdty il

tmn prdvdfn`ne strhtn`db dovnstirs prildtdo` lric pugfdb pnosdios ds oitedsbfisne. Umn choh`nrs hrn oit nvno rnqudrne ti oitdly NWRWD tmht

itmnr dovnstirs rnbndvdo` rnhtnr dolirchtdio nxdst.

Pirsn stdff, tmn Grnvho Miwhre luoe ins io ti sthtn tmht dt chy gn

biostrhdone, ir chy ldoe dt uoeufy ionrius, ti edsbfisn hoy ir hff subm

dolirchtdio ir ti prnphrn ir edsbfisn subm dolirchtdio do h lirc ir

choonr wmdbm shtdsldns bnrthdo rn`ufhtiry, thx ir itmnr rnfnvhot

hutmirdtdns. Lhdfurn ti edsbfisn ir chjn hvhdfhgfn dolirchtdio do tmn

prnsbrdgne choonr ir lircht, ir ht hff, chy hevnrsnfy hllnbt tmn[hrtonrsmdp ir tmn phrtonrs do tmn [hrtonrsmdp tmht rnsden do subm

aurdsedbtdios.


61/106



62/106


rnùfhtirs. H`hdo, tmn hgsifutn edsbrntdio NWRWD mhs rhotne ti bnrthdochoh`nrs hciuots ti h fdbnosn ti stnhf lric tmn sthtn pnosdio.

Mne`n luoes wmdbm hrn dobirpirhtne hoe rnùfhtne uoenr tmn fhws il

lirndò biuotrdns prnsnot heedtdiohf, uodqun rdsjs wmdbm pnosdio

ldeubdhrdns cust biosdenr.

Lir nxhcpfn, rnbnotfy tmrnn Fiudsdhoh pugfdb pnosdios wmdbm dovnstne

$8;; cdffdio do h triugfne luoe choh`ne gy Lfntbmnr Hssnt

Choh`ncnot, mhvn stru``fne do Bhycho Dsfhoes biurts ti mhvn tmn luoe

fdqudehtne hoe rnbiup tmndr dovnstcnot. H Fiudsdhoh sthtn fn`dsfhtdvn

huedtir brdtdbdzne tmn dovnstcnot prhbtdbns il tmn tmrnn luoes. Umnrnpirt liuoe, hcio` itmnr dssuns, tmht tmn luoes edeo't henquhtnfy

eibucnot wmntmnr tmny wiufe gn hgfn ti fdqudehtn nhbm dovnstcnot do

tmndr pirtlifdi ht h lhdr chrjnt prdbn hoe wdtmdo h rnhsiohgfn tdcn

lrhcn.2< (Hs cnotdione nhrfdnr, mne`n luoes pricdonotfy whot tmht tmny

hrn dffdqude.)

2>Umn Pdotio Luturns Luoe ds h [rilnssdiohf Luoe uoenr tmn fhw il tmn Grdtdsm \dr`do Dsfhoes. Hs h

[rilnssdiohf Luoe, tmn Luoe ds oit suganbt ti supnrvdsdio gy tmn G\D Ldohobdhf Rnrvdbns Biccdssdio ir

h rnùfhtiry hutmirdty iutsden tmn G\D. Lurtmnr, tmn rnqudrncnots biosdenrne onbnsshry lir tmn

pritnbtdio il dovnstirs tmht hppfy ti pugfdb luoes do tmn G\D ei oit hppfy ti prilnssdiohf luoes. Ho

dovnstcnot do h prilnssdiohf luoe chy prnsnot h `rnhtnr rdsj ti ho dovnstir tmho ho dovnstcnot do h

pugfdb luoe do tmn G\D.

2, 7;87.


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64/106


\DDD. Cyrdhe Ldeubdhry Biobnros Wn`hredo` NWRWD Dovnstcnot do[idot Auedtm \noturn Luoe

H. ôdqun Wdsjs Wnfhtne ti Dobucgnot Ciony Choh`nr Gnbicdo`Bmdnl [nosdio Ldeubdhry

Do 7;88, @doh Whdcioei, h vnoturn bhpdthf choh`nr wdtm ho uobnrthdo

dovnstcnot trhbj rnbire il iofy h lnw ynhrsh prdobdphf do h ldrc tmht

mhe gnno mdrne gy tmn sthtn ti choh`n h phftry $> cdffdio do pnosdio

hssntsìt mnrsnfl nfnbtne hs tmn @nonrhf Urnhsurnr il tmn Rthtn ilWmien Dsfhoe wdtm tmn ldohobdhf ghbjdo` il iut-il-sthtn mne`n luoe

choh`nrs. Umds uoprnbnenotne sthtn il hllhdrs pisne cyrdhe uodqun rdsjs

ti tmn pnosdio, dts phrtdbdphots hoe thxphynrs wmdbm mhvn oit gnno

tmiriu`mfy dovnstd`htne ir heernssne. Nssnotdhffy, tmnrn mhs gnno h

biuptmn lixns (ciony choh`nrs) mhvn thjno ivnr choh`ncnot il tmn

mnomiusn (tmn pnosdio).

Lurtmnr, h sdòdldbhot pirtdio il tmn Urnhsurnrs wnhftm hoe dobicn24

rnfhtns ti smhrns smn iwos do twi dffdqude, iphqun vnoturn bhpdthf

phrtonrsmdps smn lircnrfy choh`ne ht [idot Auedtm Bhpdthfion il

wmdbm smn biovdobne tmn sthtn ti dovnst do io edllnrnot, fnss lhvirhgfn

tnrcs.

ôfdjn tmn sthtn wmdbm phde cdffdios lir dts smhrns do ion il tmn [idot

Auedtm luoes, tmn Urnhsurnr whs rhotne iwonrsmdp dotnrnsts do gitm il

tmn vnoturn bhpdthf luoes lir lrnn, tmnrngy edfutdo` tmn sthtns dotnrnst do

tmn ion luoe.

Pirsn stdff, tmn vnoturn bhpdthf doeustry ds oitne lir dts fhbj iltrhosphrnoby hoe iobn tmn Urnhsurnr hssucne illdbn smn rnlusne ti

24Hbbiredo` ti pugfdsmne rnpirts, Whdcioei nhrone hs cubm hs $>;;,;;; do bhpdthf `hdos lric [idot

Auedtm Bhpdthf do 7;87, ewhrldo` mnr sthtn shfhry il $8;=,=;=. @IFIBHF [WI\, Rtnpmno Gnhfn, Chy 7,

7;82.


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66/106


Mdrdo` uorn`dstnrne dovnstcnot choh`nrs dobrnhsns tmn rdsj ti NWRWD.Hbbiredo` ti dolirchtdio privdene gy tmn Urnhsurnrs illdbn, [idot Auedtm

Bhpdthf ds ion il 8= fhr`nfy prdvhtn nqudty dovnstcnot choh`nrs (iut il

48 tithf dovnstcnot choh`nrs) mdrne gy NWRWD tmht ds oit rn`dstnrne wdtm

tmn RNB.5;

B. [idot Auedtm Bhpdthfs Fdcdtne Hssnts ^oenr Choh`ncnot,[irtlifdi Mifedo`s Hoe Dovnstcnot [nrlirchobn Urhbj Wnbire

Hff ojoiwo

Hbbiredo` ti dolirchtdio wn rnvdnwne brnhtne gy [idot Auedtm Bhpdthf,

tmn ldrc mhs choh`ne $8> cdffdio do h luoe, [idot Auedtm \noturn Luoe D,

sdobn 7;;8 hoe $ cdffdio. NWRWD hoe tmn Urnhsurnr rnchdo

dovnstirs do tmn [idot Auedtm DD Luoe. Umn ldrc mhs oit edsbfisne tmn

denotdtdns il hoy il tmn itmnr dovnstirs do tmn snbioe luoe.

E.[idot Auedtm DDs Rd`odldbhotfy Md`mnr LnnsDt ds iur uoenrsthoedo` tmht [idot Auedtm Bhpdthf ds burrnotfy snnjdo`

hssnts lir h tmdre luoe ht tmds tdcn hoe tmht tmn lnn strubturn il tmn [idot

Auedtm luoes ds nonrhffy h choh`ncnot lnn il 7.> pnrbnot hoe 7;pnrbnot il prildts.58

5;Aufy >, 7;82 rnspiosn gy Illdbn il tmn @nonrhf Urnhsurnr ti iur HW[H rnqunst ehtne Auon 7;, 7;82.

58Oitn, miwnvnr, tmht h [iwnr [idot prnsnothtdio gy [idot Auedtm Bhpdthf ti NWRWD, privdene do

rnspiosn ti iur H[WH rnqunst, sthtns tmht tmn tnrcs il tmn [idot Auedtm DD luoe privden lir h sthoehre


67/106


cdffdio do tmn [idot Auedtm DD luoe, tmn ldrcs hssnts tithf uoenr

choh`ncnot wdtm hoy dovnstcnot pnrlirchobn mdstiry hciuotne ti, ht

cist, iofy $8> cdffdio do tmn [idot Auedtm D luoeh luoe wmdbm [idotAuedtm Bhpdthf mhe choh`ne lir iofy > ynhrs.

[idot Auedtm Bhpdthf nhrfy-io sthtne io dts wngsdtn tmht dt whs ho nhrfy

sth`n prdvhtn nqudty ldrc dovnstdo` do md`m riwtm bicphodns do Riutmnro

Onw No`fhoe. Umn ldrc ede oit prilnss ti mhvn hoy doeustry libus. Gy

7;;< tmn ldrc sthtne io dts wngsdtn tmht dt whs libusne upio

biccuodbhtdios, mnhftmbhrn hoe dolirchtdio tnbmoifi`y bicphodns hoe

mhe h strhtn`db phrtonrsmdp wdtm Uueir Dovnstcnot Birp., h fnhedo`

hftnrohtdvn hssnt choh`ncnot riup wdtm ivnr $8> gdffdio uoenrchoh`ncnot.

Hbbiredo` ti pugfdsmne rnpirts, Uueir gnbhcn tmn fnhe dovnstir do [idot

Auedtm \noturn Luoe DD, wdtm h $8> cdffdio biccdtcnot hoe hfsi tiij ho

nqudty sthjn do [idot Auedtm Bhpdthf, tmn hevdsnr il tmn luoe. 57 Enthdfs

rn`hredo` Uueirs nqudty sthjn do [idot Auedtm Bhpdthf, n.`. miw cubm

Uueir phde, lir wmht pnrbnoth`n iwonrsmdp hoe ti wmic hrn

uojoiwo.52 Hoswnrs ti tmnsn qunstdios hrn rnqudrne ti hssnss tmn

lnn (7 pnrbnot hvnrh`n) hoe h bhrry (7; pnrbnot). Pmy NWRWD wiufe phy h md`mnr lnn (7.> pnrbnot) tmho

tmn lnn sthtne do tmn prnsnothtdio (7 pnrbnot) ds uojoiwo.

57Umn Fdttfn Rthtn Umht Biufe, Dostdtutdiohf Dovnstir, Enbncgnr 7;87/Ahouhry 7;82.

52Pn wnrn uohgfn ti ldoe edsbfisurn il hoy subm ho iwonrsmdp dotnrnst do Uueirs Lirc HE\ ldfdo`s

wdtm tmn RNB.


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sbipn hoe ohturn il tmn rnfhtdiosmdp gntwnno Uueir, [idot Auedtm Bhpdthfhoe tmn Urnhsurnr.

N. Urnhsurnrs Wnvnrshf1 Enodhf il Wnqunst lir Wnbires Wn`hredo`[idot Auedtm Luoe

Hs h rnsuft il tmn fhbj il vdrtuhffy hoy pugfdb, vnrdldhgfn dolirchtdio hgiut

[idot Auedtm Bhpdthf hoe tmn [idot Auedtm DD luoes pirtlifdi hoe

pnrlirchobn, do ho HW[H rnqunst ehtne Auon 85, 7;82, wn rnqunstne

tmn liffiwdo` chtnrdhf dolirchtdio lric NWRWD1

[fnhsn privden hoy eibucnots rnfhtne ti tmn [idot Auedtm DD dovnstcnot, dobfuedo`

hoy chrjntdo` chtnrdhfs: biosufthot rnbiccnoehtdios: hoouhf rnpirts: sthtncnots

il pirtlifdi mifedo`s: vhfuhtdios il pirtlifdi hssnts: hoe pnrlirchobn succhrdns.

Umn rnspiosn wn rnbndvne Auon 7=, 7;82 sdcpfy sthtne Nobfisne pfnhsn

ldoe tmn [iwnr [idot prnsnothtdio tmht whs prnsnotne ti tmn RDB hoe h

syoipsds il tmn quhrtnrfy rnturos. [ursuhot ti Wmien Dsfhoe @nonrhf

Fhws hoouhf ldohobdhf huedts, Bfdllwhtnrs prdvhtn nqudty hohfysds, hoe

phrtonrsmdps h`rnncnots hrn oit biosdenrne pugfdb eibucnots.55

Umds rnspiosn ds uttnrfy dobiosdstnot wdtm tmn Urnhsurnrs prdir pugfdb

sthtncnots rn`hredo` tmn [idot Auedtm DD eibucnots.5>

Do ho Hprdf >, 7;82 dotnrvdnw,5Hs cnotdione nhrfdnr, tmn Urnhsurnrs hssnrtdio tmht NWRWD dovnstcnot h`rnncnots chy wdtmmnfe

lric pugfdb sbrutdoy mhs gnno bmhffno`ne gy liur ipno-`ivnrocnot `riups do Wmien Dsfhoe.


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;

5;Oitn tmht tmds uornehbtne rnprnsnothtdio whs chen do 7;;0gnlirn tmn 7;;= chrjnt cnfteiwo.


70/106


Umnrn hrn rnprnsnothtdios rn`hredo` tmn dovnstdo` hoe ipnrhtdo` mdstiryil tmn [AB Unhc, prdir ti aidodo` tmn ldrc. Hssnt choh`ncnot ldrcs

fhbjdo` dovnstcnot pnrlirchobn trhbj rnbires hrn prion ti bdtn

pnrlirchobn rnfhtne ti tmn prilnssdiohfs ht tmn ldrc (hs ippisne ti tmn

ldrc dtsnfl) do tmndr prnsnothtdios ti dovnstirs. Miwnvnr, subm

pnrlirchobn bfhdcs hrn oit vdnwne hs brnedgfn do tmn doeustry gnbhusn

il tmn edlldbufty do vnrdlydo` tmn pnrlirchobn sthtne, hs wnff hs tmn

doedvdeuhfs rnspiosdgfn lir prieubdo` dt.

Dt ds sthtne tmht tmn Uueir grhoe hoe nxpnrtdsn chjn [AB nvno cirnhttrhbtdvn nqudty phrtonr hoe tmht tmn rnfhtdiosmdp (wdtm Uueir) do ldrst

ynhr ds strio`.

Do succhry, tmn [iwnr [idot prnsnothtdio bfnhrfy rnvnhfs tmht Uueirs

trhbj rnbire hoe nxpnrtdsn wnrn phrhciuot: hgsnot Uueir hs h strhtn`db

phrtonr hoe dovnstir, tmn [idot Auedtm pripishf ti NWRWD wiufe oit mhvn

gnno bicpntdtdvn. Rd`odldbhotfy, ht tmds pidot do tdcn Uueirs strhtn`db

phrtonr hoe sd`odldbhot dovnstir rnfhtdiosmdp wdtm [idot Auedtm Bhpdthf

wiufe mhvn gnno iofy ciotms ife hoe uotnstne.

@.[idot Auedtm DD Rtrdjdo`fy Edvnr`not (+77 [nrbnot Ui -8


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0;

Onvnrtmnfnss, tmn Urnhsurnr mhs chen oucnrius pugfdb sthtncnotsrn`hredo` tmn pnrlirchobn il tmn [idot Auedtm DD luoe, hs wnff hs rnfnhsne

succhry pnrlirchobn ld`urns wmdbm hrn strdjdo`fy edvnr`not.

77 [nrbnot Wnturo1 Do ho Hprdf >, 7;82 dotnrvdnw,>8 tmn Urnhsurnr sthtne

tmht tmn [idot Auedtm DD dovnstcnot whs rnvdnwne lir NWRWD gy [hbdldb

Birpirhtn @riup, tmn pnosdios prdvhtn nqudty biosufthot ht tmht tdcn.>7

Lurtmnr, tmn pnrlirchobn il [idot Auedtm ht tmht tdcn whs, hbbiredo` ti

tmn Urnhsurnr, tip quhrtdfn do 7;;0.>2

Dts h strio` pnrlircnr. Umnyvn prieubne strio` rnturos. Dts stdff h fdttfn

gdt nhrfy. Umisn jdoes il ldrcs mhvn h 8;-ynhr dovnstcnot fdln bybfn, si

tmnyrn chygn mhflwhy tmriu`m tmn bybfn, smn shde.>5

Umn Urnhsurnr wnot io ti sthtn, Hs D suspnbtne tmny mhvn sifde

pnrlirchobn, h rnhfdzne rnturo il 77% si h 77% rnhfdzne rnturo, gut

h`hdo, tmnyrn mhflwhy tmriu`m tmn luoe. Nhrfy rnturos hrn strio`, gut

fdjn hoy il tmnsn prdvhtn nqudty mifedo`s, yiu mhvn ti whdt uotdf tmn luoe

ds eion ti snn miw tmnyvn pnrlircne.

87 [nrbnot Wnturo1 Io Hprdf 4, 7;82 dt whs rnpirtne tmht tmn Urnhsurnrs

spijnswicho privdene h birrnbtdio shydo` tmn [idot Auedtm DD luoe mhs

>8X&H Whdcioei Ldrns Ghbj Hltnr Lirgns Biotrdgutir Htthbjs Mnr, Une Onsd, wprd.bic

>7Miwnvnr, tmn Urnhsurnr mhs rnlusne ti privden eibucnots wmdbm wiufe privn wmntmnr [B@

rnvdnwne tmn [idot Auedtm dovnstcnot lir NWRWD. Hs h rnsuft, dt ds hfsi uobfnhr wmntmnr [B@

rnbiccnoene tmn dovnstcnot ti NWRWD, ir, tnffdo`fy, hoy il dts choy itmnr pnosdio bfdnots do itmnr

sthtns. Ldohffy, hs enthdfne fhtnr do tmds rnpirt, `dvno tmht [B@ rnbndvne tnos il cdffdios do pfhbncnot

h`not lnns lric ciony choh`nrs nfsnwmnrn, dt ds hppriprdhtn ti qunstdio tmn dotn`rdty il tmn ldrcs

rnbiccnoehtdios mnrn, hs wnff hs wmntmnr Uueir ir [idot Auedtm chy mhvn phde hoy bicpnoshtdio ti

[B@.

>2Nvno dl trun, [idot Auedtm Bhpdthf iofy mhe h trhbj rnbire il choh`do` hpprixdchtnfy $8> cdffdio do

7;;0mhrefy noiu`m ti austdly h $> cdffdio biccdtcnot lric NWRWD.

>5Hssucdo` tmn luoe biccnobne do 7;;< ir 7;;0 (tmn Urnhsurnr mhs sthtne gitm dobnptdio ynhrs

nfsnwmnrn), tmn luoe ds snvno ir nd`mt ynhrs ife tiehyrhpdefy hpprihbmdo` tmn noe il hoy suppisne

8;-ynhr fdln bybfn, hs ippisne ti mhflwhy tmriu`m tmn bybfn.


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h 87% rnturo: 77% ds tmn hciuot tmht mhs gnno bhsmne do. Igvdiusfy,tmnrn ds h chssdvn edllnrnobn gntwnno h 77 hoe 87 pnrbnot rnturo.

8;.4 [nrbnot Wnturo1 Do h Chy 7, 7;82 dotnrvdnw, tmn Urnhsurnrs illdbn

sthtne tmht tmn [idot Auedtm DD mhe ho hoouhfdzne rhtn il rnturo il 8;.4

pnrbnot hs il Auon 7;87.>>

;;,;;; [hycnot Lric [t. Auedtm Ldrc, Rtnpmno Gnhfn, @IFIBHF [WI\.

>0;,;;; ti Whdcioeis Lircnr Ldrc, @IFIBHF [riv


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07

[nrlirchobn il [idot Auedtm \noturn Luoe DD

-80WD [nosdio Dovnstcnot do Whdcioeis [t. Auedtm Mhe Rtnnp Fissns, Rtnpmno Gnhfn, @I FIBHF [WI\.


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Umds fhbj il luff edsbfisurn ds nspnbdhffy prigfnchtdb hoe il pitnotdhfrn`ufhtiry biobnro sdobn dt ds iur uoenrsthoedo` tmht [idot Auedtm Bhpdthf

ds sifdbdtdo` dovnstirs ht tmds tdcn lir h onw dovnstcnot luoe. Ui tmn

nxtnot tmht hoy dovnstcnot dolirchtdio rn`hredo` phst pnrlirchobn il

tmn ldrc, ir dts luoes, ds dohbburhtn, pitnotdhf onw, hs wnff hs nxdstdo`

dovnstirs do [idot Auedtm Bhpdthf luoes, chy gn cdsfne.

Do iur ipdodio, do irenr ti prnvnot hoy pissdgfn biolusdio ir cdsfnhedo`

il dovnstirs, dt ds hppriprdhtn ti rnlnr tmds chttnr ti tmn RNB lir

dovnstd`htdio.

D. Wmien Dsfhoe Ntmdbs Biccdssdio Ipdodio Lhdfs ti Heernss

Biolfdbts Wn`hredo` [idot Auedtm Dovnstcnot

Io Chrbm 8;, 7;88 tmn Wmien Dsfhoe Ntmdbs Biccdssdio dssune ho

Hevdsiry Ipdodio do rnspiosn ti h rnqunst lric tmn Urnhsurnr ehtne

Ahouhry 88, 7;88 lir ho ipdodio biobnrodo` wmntmnr smn mhe thjno

sulldbdnot stnps ti hvide biolfdbts il dotnrnst uoenr tmn Bien il Ntmdbs

rnfhtdvn ti mnr tdns ti h vnoturn bhpdthf luoe do wmdbm tmn sthtn mhe chen

ho dovnstcnot.

Hff hevdsiry ipdodios hrn gdoedo` io tmn Ntmdbs Biccdssdio do hoy

sugsnqunot pribnnedo` biobnrodo` tmn pnrsio ir notdty wmi rnqunstne

tmn ipdodio hoe wmi hbtne do rnfdhobn io dt do iie lhdtm, uofnss chtnrdhf

lhbts wnrn icdttne ir cdssthtne do tmn rnqunst lir tmn ipdodio.

^oenr tmn Bien il Ntmdbs, hevdsiry ipdodios hrn ghsne io tmn

rnprnsnothtdios chen gy, ir io gnmhfl il, ho illdbdhf hoe hrn oit

hevnrshrdhf, ir dovnstd`htdvn pribnnedo`s. Do smirt, tmn ipdodio ds uttnrfyenpnoenot upio tmn lhbts hs sthtne gy tmn pntdtdionr.

Do mnr fnttnr ti tmn Ntmdbs Biccdssdio, tmn Urnhsurnr rnprnsnotne tmht do

7;;0 tmn Rthtn Dovnstcnot Biccdssdio notnrne doti h tno-ynhr biotrhbt

wdtm [idot Auedtm do wmdbm tmn Rthtn h`rnne ti dovnst ldvn cdffdio eiffhrs


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05

do tmn [idot Auedtm DD luoe ivnr h pnrdie il tdcn. Rmn hfsi rnprnsnotnetmht tmn Rthtn's dovnstcnot do tmn luoe whs phssdvn, cnhodo` tmht hltnr

sd`odo` tmn biotrhbt w

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