Black Eagle Fund, the Shadow CIA and the

relationship to Sept. 11th

Source:
http://webabuser.blogspot.com/2011/07/black-eagle-fundshadow-cia-and.html

From SomeUnknownUSHistory
What happened to the Marcos gold after it was
confiscated by US agents in 1986 has never been reported,
but throughout the early 1990s, the world gold market
would be befuddled by the mysterious appearance of
thousands of tons of gold which appeared to suppress the
price of gold. There were lawsuits introduced in the U.S.
against a number of financial institutions and Alan
Greenspan to determine the source of this gold. Gold traders
suspected the US Treasury was the source of this gold, and
contended that U.S. gold stock was being illegally
manipulated for private gain by the bullion banks. A suit by
Donald W. Doyle of Blanchard in which Barrick Gold was a
primary defendant was settled out-of-court in 2006 and
sealed under agreement. Barrick was also mentioned in
another suit as a knowledgeable party. In 1992,Barrick had
received special treatment from George H.W. Bush during
the last several days of his Presidency, when for a
nominal $10,000,Barrick
received
rights
to
mine
deposits `valued' at $10 billion on public domain lands in
Nevada. While there was nothing illegal to the arrangement,
a special process put in place by President Bush allowed
Barrick to use outside specialists to determine the value of
the claim, allowing them to control the appraised value of
the deposit. That special process was not made available to
other mining applicants.
In 1992, George H.W. Bush served on the Advisory
Board of Barrick Gold. In the long term, the Barrick
1

operation would create billions of dollars of paper gold by

creating gold derivatives. A major distribution channel for
the sale of Barrick's gold futures would be Enron. Enron
would also become the vehicle by which oil and gas
contracts from the former Soviet Union (vehicles for Soviet
money-laundering) were processed.
Another key player in
the Marcos gold was Banker's Trust, which was taken over
by Alex Brown & Sons, after Banker's Trust floundered
financially on its Russian loans in the mid 1990s. These
Russian loans were facilitated by Enron, starting in August of
1993, and very possibly were part of the takeover of Soviet
industry.
Barrick Gold Corporation, which has no mining
operations in Europe, used two refineries in Switzerland:
MKS Finance S.A. and Argor-Heraeus S.A. The big unknown
is what gold was Barrick refining in Switzerland, as they
have no mines in that region. Barrick would become a quiet
gold producing partner for a number of major banks, and its
activities became subject to an FBI investigation into goldprice-fixing. The gold that flooded the market for ten years
has never been officially explained. The records of many of
those transactions disappeared when Enron collapsed and
the trading operation and all its records were taken over
by Union Bank of Switzerland, another major recipient of
Marcos gold.
The "tracking the money" project was
conducted over-all by Household International with the
assistance
reportedly
of
Systematics,
a
banking computer /wire transfer firm, originally a subsidiary
of an Arkansas-based operation. Targeted have been the
banks of both friends and enemies alike. Vince Foster and
his crew -- Hillary Clinton and Webster Hubbell -- used as
a cover
that they were supposedly attorneys for
Systematics. Vincent and Hillary's role in this was arranged
and supervised by a Chicago-based law firm Hopkins &
Sutter.
http://www.scribd.com/doc/4866520/Collateral-Damage911-Covert-Ops-Funding-Targeted

The Yamato Dynasty: The secret history of Japan's

imperial family by Sterling and Peggy Seagrave (Corgi,
2000)

This book brings to light new evidence that points to the

implicit involvement of Hirohito and other members of the
imperial family's inner circle in the war crimes of World War
II.
Asian Loot: Unearthing the secrets of Marcos,
Yamashita and the gold by Charles C McDougald (San
Francisco Publishers, 1993).
---------Beginning in 1969 James Giffen started traveling to
Moscow as an aide to a Connecticut metals trader. Giffen
worked his way up to become a major player in a US-Soviet
business association with top-level political ties in both
Washington and Moscow. The goal was to prevent the
Russians and PRC/China from gaining control of what was
estimated to be the world's largest untapped oil reserves Kazak
oil
in
the
Caspian South
of
Russia,
in
Kazakhstan, Giffen became an oil adviser to Kazakhstan's
president in 1992. As a result of his business dealings, he
wascharged in 2003 of giving $78 million from oil companies
to senior officials in Kazakh government (aka bribery).
In
2003, he was charged by the US attorney's office with
violation of the Foreign Corrupt Practices Act of 1974 and
with money laundering. When arrested he was carrying a
Kazakhstani diplomatic passport, though dual citizenship is
not allowed by the laws of Kazakhstan. Giffen was charged
with creating Swiss bank accounts and transferring $20
million, paying tuition at exclusive boarding schools for
family members of Kazakh officials, and buying millions of
3

dollars
in
jewelry. J.
Bryan
Williams
III,
a
former Mobil executive, was also charged with tax evasion
relating
to
kickbacks
from
Mobil's
business
in
Kazakhstan. In the 1970s, after American firms admitted to
spending hundreds of millions of dollars bribing foreign
officials, so Congress passed the Foreign Corrupt Practices
Act to prevent US corporations from supporting corrupt
dictatorships.
Giffen's lawyers had argued in his defense
that whatever crimes he had allegedly committed occurred
while he was a highly valued foreign asset of American
intelligence. Giffen had requested access to classified
information at his trial to back up his claims, but the
government
opposed
the
revelation
of
classified
information. His five trials of these charges lasted over
seven years. The case seemed open and shut, since the
prosecutors presented a detailed paper trail -- provided by a
Swiss magistrate -- of Giffen slicing payments into tiny
discrete pieces for transfer into secret Swiss bank accounts,
rather than shifting them as a whole, a classic method of
money laundering.
Eventually, prosecutors dropped all
foreign bribery, money laundering, and fraud charges
against Giffen in exchange for a guilty plea on a
misdemeanor tax charge, U.S. District Judge William Pauley
ordered no prison time and no fines in sentencing
proceedings at a New York City courthouse. Four years later,
with oil going for $95 a barrel, it's not so clear. The British
government, citing-national security concerns, has called off
an investigation into bribery of influential Saudis.
Shortly
after
Giffen
established
a
foothold, the
president
of Kazakhstan was working with Shaul Eisenberg, Marc
Rich, Dick Cheney and George Soros. The illegal flow of
money from the various oil companies would reach a
number of banks. These same oil interests would
engage March Rich and the Israeli Eisenberg Group, owned
by one of the Mossad's key operatives, Shaul Eisenberg, to
move the oil.
Attorney General John Ashcroft did not
recusal himself in the case of federal grand juries in New
York and Washington investigating two additional Ashcroft
4

donors, ExxonMobil and BP Amoco. ExxonMobil had given

more money to Ashcroft's campaign.
Ashcroft had quietly
moved to exert control over the New York grand jury from
Washington and to exercise "unusual influence" over the
Washington investigations. There were also multiple
reports that several high-ranking career prosecutors in both
New York and Washington have raised serious objections to
Ashcroft's actions and his failure to publicly recluse himself
in these cases. The two grand juries had been investigating
allegations that ExxonMobil and BP Amoco paid cash bribes
to the president of Kazakhstan and his oil minister and that
Mobil engaged in an illegal oil swap of Kazakh oil through
Iran in 1997. Vice President Dick Cheney's energy task
force was meeting representatives of both companies after
the grand juries had been empanelled.
At issue is a 25
percent stake purchased by Mobil in Kazakhstan's Tengiz oil
field, following an earlier purchase of 50 percent by Chevron
and an apparently desperate attempt a year later to start
making money from the fields by engaging in an illegal swap
with Iran as a means of getting the Tengiz oil to market.
Until Sept. 11, there was only one obstacle preventing the
oil companies and their related industries from building the
necessary pipelines, immune from Russian influence, which
would have turned the Central Asian oil into dollars -- the
Taliban.
ExxonMobil's role in the bribery and illegal oil
swap, as well as the ensuing federal investigations, was
comprehensively documented in a July 2001 New Yorker
article entitled The Price of Oil by the venerable Seymour
Hersh. Allegations being investigated by the New York grand
jury involve felony violations (bribery) of the Foreign Corrupt
Practices Act. The Washington, D.C. grand jury is
investigating evidence that links Mobil to an illegal 1997
swap of Kazakh oil through Iran, which would constitute a
felony violation of the 1996 Iran Trade Sanctions Act.
http://www.rense.com/general21/grandjuriesinNY.htm
The coup began the dissolution of the Soviet Union and
the beginning of the reign of Boris Yeltsin and his `family' of
5

Russian Mafia Oligarchs, and President of Kazakhstan.

In
the final phase, a series of operatives assigned by President
George H.W. Bush would begin the takeover of prized
Russian and CIS industrial assets in oil, metals and defense.
This was done by financing and managing the moneylaundering for the Russian oligarchs through the Bank of
New York, AEB and Riggs Bank.
A closer look at other activities leading up to these
phases makes it clear that is was a U.S. orchestrated
intelligence effort from the beginning. The economic war
involved Gerald Corrigan of the NY Federal Reserve Bank,
George Soros, an international currency speculator who was
responsible for crashing the British pound a few years
earlier, former Ambassador to Germany R. Mark Palmer, and
Ronald Lauder-financier and heir to the Estee Lauder estate.
Palmer and Lauder would lead a group of American investors
in an Operation called the Central European Development
Corporation, and combine forces with George Soros and the
NM Rothschild Continuation Trust. This group ended up
controlling Gazprom, the Russian natural gas giant, while
the Riggs group ended up controlling Yukos, the oil giant.
Ownership for both remains largely `hidden' today, while its
front men endure the hardships of the Russian wrath by
spending time in prison.Azeri-Armenian War in 1993
Bush Sr. had assigned a wide array of former Iran-Contra
criminals to take a role in Azerbaijan. Initially, he sent in the
covert
operativesRichard
Armitage and Richard
Secord who worked with their old colleague from the
Mossad, David Kimche, and their old arms running
colleagues Adnan Kashoggi and Farhad Azima to hire,
transport,
and
train more
than
1,000
Afghan
mujahideen mercenaries (aka Al Qaeda) to fight on behalf of
the Azeri freedom fighters. Osama Bin Laden was reported
to have been part of this mercenary force.
Captured documents taken from battlefields in
southwestern Azerbaijan provide the first hard evidence that
Afghan troops hired by the Azerbaijan government were
6

actively involved in recent fighting with Armenian

forces. Armenian officials now warn that the introduction of
Muslim Afghan fighters poses the danger of turning the
conflict, between Christian Armenians and Muslim Turkic
Azeris, into a religious war. It further intensifies the danger
of broadening of the conflict to involve neighboring Iran and
Turkey, provoking a reaction from Russia, which also borders
this region. Azerbaijan and Armenia are both former Soviet
republics.
Ten years later in 2001, these programs had
finally come back to haunt the US policy makers. Most, if not
all of these programs appear to have stepped outside of the
boundaries of the law. As a result, investigative agencies
from Britain, Switzerland, Russia, Kazakhstan and the
Philippines were putting pressure on Congress and the US
Department of Justice to open up the accounts in the banks
used to finance these covert activities. Pressure was being
put on the Swiss banking cartel to open its bullion records to
public scrutiny. Full disclosure by these banks during an
investigation would have resulted in a major exposure of US
complicity in some of the greatest financial frauds of the
1980s and early 1990s as well as 50 years of gold bullion
theft by numerous US and British government agencies.
Moreover, investigation into these accounts would disclose a
National Security secret known as the Black Eagle fund, and
virtually every covert operation since World War II.
History suggests that in September of 1991, George H.W.
Bush and Alan Greenspan did indeed finance $240 billion in
bonds in a buyout of the Soviet Union as part of a broader
program to end the Cold War through an attack on the
economy of the Soviet Union. and ten years later in 2001,
these programs had finally come back to haunt the U.S.
policy makers. Most, if not all of these programs appear to
have stepped outside of the boundaries of the law.
As a result, investigative agencies from Britain,
Switzerland, Russia, Kazakhstan and the Philippines were
putting pressure on Congress and the U.S. Department of
Justice to open up the accounts in the banks used to finance
these covert activities, which were being viewed as criminal
7

activities in foreign courts. Alan Greenspan, the Treasury

Department and key banks in the U.S. and Europe were
being sued for gold-price fixing or illegal gold sales which
appears to have it's origins in the covert war chest used to
wage this war.
These investigative and legal pressures began to
accumulate in 1997, and in February 1998 increasing the
magnitude of exposure these bankers and government
officials faced.
Carlyle Group is the biggest defense contractor on the
planet. The majority owners of the Carlyle Group are
the Bush family and the bin Laden family. They are profiting
in the hundreds of billions off of this new war
(Judicial Watch, September 28, 2001, "Bush Sr. in Business
with Bin Laden Family Conglomerate Through Carlyle
Group"; The Village Voice, October 11, 2001, "Bush Sr.
Could Profit from War"; BBC News, December 4, 1997,
"Taleban in Texas for talks on gas pipeline")....
On
December 4, 1997, a BBC headline read, "Representatives of
the Taleban are in Texas Visiting the Headquarters
of Unicol." The article went on to report that they were in
Texas with the Halliburton-connected pipeline construction
company. Dick Cheney was the CEO of Halliburton from
1995 to 2000), Unicol to negotiate their support for a
pipeline, which would be built by Halliburton.
The Bush
family have strong ties to the oil industry going back to John
D. Rockefeller and the early days of the industry. George W.
Bush's great-grandfather, Samuel Bush, was an associate of
John D. Rockefeller and ran Buckeye Steel Castings in the
early 20th century. The daughter of George Herbert Walker,
the financier and associate of the Harrimans, married
Samuel's son, Prescott Bush, investment banker, U.S.
senator, and father of George Herbert Walker Bush (Bush
senior).
In the decade 1991-2001, Americans paid $1.6
trillion more in taxes that energy extraction corporations,
and
energy
extraction
corporations
received $0.8
trillion more in federal payments than it paid in federal
8

taxes. The lion's share of subsidies and tax breaks to the

energy industry goes oil, gas, and coal corporations.
The primary reason these noneconomic subsidies
continue to flow decade after decade is the political power of
the extraction industries, a power that has been wielded in
both Republican and Democratic administrations but has
been greatly magnified under the Bush administration.
There 53 members of the Bush administration with close ties
to the extraction industries.
----------According to leaked documents from an intelligence file
obtained through a military source in the Office of Naval
Intelligence (ONI), on or about September 12, 1991 nonperforming and unauthorized gold-backed debt instruments
were used to purchase ten-year bonds. The bonds in turn
were illegally employed as collateral to borrow $240 billion-120 in Japanese Yen and 120 in Deutsch Marks--exchanged
for US currency under false pretenses; or counterfeit and
unlawful conversion of collateral against which an unlimited
amount of money could be created in derivatives and debt
instruments.
The illegal transactions are also linked to the murder of a
US Army Colonel Russell Hermann, who was charged with
overseeing approximately 175 secret CIA bank accounts,
according to the officer's wife, Mrs. V. K. Durham. During
multiple interviews, Mrs. Durham said that Bush 41 and
Clinton administration officials visited her husband several
times in the months prior to and three days before his
torture and murder on August 29, 1994. She stated that
Col. Hermann believed these funds were the property of the
US citizens rather than the private slush fund of the Bush
circle, and protested the manner in which they were being
used. Ambassador Leo Wanta has since maintained a similar
stance, that the earnings from his covert operations should
be public funds rather than covert slush funds used by
criminal US presidents.
Durham said $240 billion in stolen currency was obtained
9

resulting from George H. W. Bush's presidential abuse of

power,
when
he
authorized
former
Treasury
Secretary Nicholas
Brady and
former
Secretary
of
State James Baker III to make fraudulent use of
theDurham Family Trust collateral without her permission.
There is evidence that Colonel Hermann's and V. K.
Durham's signatures were forged on a Goldman-Sachs bank
account certification requesting the conversions to U.S.
currency.
The money was never repaid since the ten-year bonds-purchased before September 13, 1991 using the fraudulent
collateral and gold bullion as security came due on
September 12, 2001--the day after the 9.11 attacks,
having allegedly been underwritten and held by the trustee,
Cantor-Fitzgerald bond brokerage firm . Moreover, Durham
alleges that any 10-year bond payoff for notes due on 9-122001 would have led to additional evidence of trillions in
stolen funds from the US Treasury. Besides the intelligence
file leaked to Durham, other documents were obtained by
Tom Flocco from whistleblower Stewart Webb's intelligence
sources.
http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm
The following is a summary of the book, Gold Warriors The Vulcans - Murdering Liberty and Killing Hope on
911 by Jeff Prager
WHY September 11th - The Cover-up of the Black
Eagle Trust and Project Hammer
With the bonds out in the market, they sat for ten years, like
a ticking time bomb. At some point, they had to be settled or cashed in, onSeptember 11, 2001.
The two firms in the US most likely to be handling them
would be Cantor Fitzgerald and Eurobrokers the two
largest government securities firms in the US. The federal
agency mostly involved in investigating those transactions
was the Office of Naval Intelligence. All three offices
10

destroyed on Sept. 115h.

There were at least nine federal investigations being
conducted into bank accounts related to operations. All of
these investigations were initiated, in 1997-98 timeframe:
1) The Marcos Gold Hearing began in Los Angeles, in August
1997. The banks and accounts involved in that hearing, were
the Swiss banks: UBS, and Bank Julius Baer.
2) The Eizenstatz Report and a public campaign waged by
the Simon Wiesenthal Center launched suits against three
Swiss banks.
3) The Reginald Howe suit - in which the US bullion banks
were accused of dumping US Treasury gold on the market
illegally. The Reginald Howe & GATA Lawsuit was filed on
January
8th,
2000
naming
Deutschebank
(a.k.a.
Deutschebank Alex Brown), US Treasury, Alan Greenspan,
Federal Reserve, Citibank and Chase, as defendants. Also
mentioned as having non-public knowledge of the scheme
are Gerald Corrigan and Barrick Gold. (The 2000 filing
suggests investigations began long before.)
4) The Bank of New York money laundering scandal: the
Department of Justice was under pressure to investigate
accounts of multiple individuals who benefited from these
transactions: Loutchansky, Marc Rich and Berezovsky
(Berezovski). The FBI investigation started in the Fall of
1998, The investor lawsuit was opened in September 1999.
These investigations involved accounts at Credit Suisse,
Union Bank of Switzerland (UBS), Dresdner Bank,
Westdeutsche Landesbank and Banque Internacionale of
Luxembourg.All of these individual would at some point be
mentioned as playing a role in the money laundering scandal
at the Bank of New York, that would ultimately be reopened
in 2002, after being buried for three years by federal
prosecutor Mary Jo White, a first cousin to former
11

President George Bush.

5) The Avisma law suit was filed August 19th, 1999 naming
as defendants Bank Menatep, Harvard Institute for
International Development, and the Bank of New York;
6) The federal investigation of Konanykhine's European
Union Bank: The Konanykhine investigation was begun by
the INS in February 1999. Other banks included in that
investigation would have been the European Union Bank
and Bank Menatep.
7) Richard Giffen/Mobil Oil scandal - The FBI Probe began in
1999, and would have involved accounts at Credit Suisse,
Bank of New York, Cayman Islands, and the Deutsche Bank
(a.k.a. Deutschebank Alex Brown).,
8) Yeltsin's Union Bank of Switzerland accounts were being
investigated for bribery.
9) Kevin Ingram would testify that he had advised Bob
Graham in advance that the World Trade Center was to be
attacked. This Deutsche Bank executive was convicted of
laundering money for weapons purchases for Muslim
terrorists through Pakistani agents; The Ingram investigation
was begun by the FBI as early as July 1999, and involved
the Deutschebank (a.k.a. Deutschebank Alex Brown). The
records for some of these investigations resided in World
Trade Center, Building Six, Building Seven and the North
Tower. The account structure set up by the US intelligence
operations was besieged by investigations from nine
different directions, any one of which may have exposed the
source of that funding, and traced it to its Black Eagle
Fund origins. Those investigations needed to be diverted.
On September 11th, the Federal Register reported that the
physical securities held by the brokers in their vaults had
been destroyed.
The Federal Reserve Suspends the Rules
12

On the first day after the Sept. 11, 2001 alleged terrorist
attack, the Security and Exchange Commission (SEC) lifted
"Rule 15c3-3 - Customer Protection, Reserves and Custody
of Securities," which set trading rules. As a result the
Federal Reserve and the Government Securities Clearing
Corporation
( GSCC)
had
created
a
settlement
environment totally void of controls and reporting
where it could substitute valid, new government securities
for the mature, illegal securities, and not have to record
where the bad securities came from, or where the new
securities went all because the paper for the primary
brokers for US securities had been eliminated.
The Government Securities Clearing Corporation ( GSCC)
part of the Division of Market Regulation of the
SEC. GSCC is registered with the Securities and Exchange
Commission as a securities clearing agency for U.S.
government securities. GSCC provides automated trade
comparison, netting, and settlement services for U.
S GSCC employs a number of risk management procedures
that enable it to guarantee settlement of all net settlement
positions. Through its daily mark to the market
process, GSCC brings net positions that are not due for
settlement from contract value to current market value each
day. Each morning, GSCC collects mark payments from
Netting Members that are in a debit mark position and pays
such marks to Netting members that are in a credit mark
position. In addition to the risk management procedures
described above, another of GSCC s risk management
controls is its Clearing Fund. The Clearing Fund ensures that,
if one or more of its members fails, GSCC has sufficient
liquidity at all times to meet its payment and delivery
obligations.
The Federal Reserve did not have enough "takers" of the
new 10 year notes. Rather than simply having to match buy
and sell orders, which was the essence of resolving the "fail"
problem, it appears the Fed was doing more than just
matching and balancing it was pushing new notes on the
13

market with a special auction. It appears some of the

beneficiaries wanted to cash out!
"Acute settlement problems with the on-the-run ten-year
note led the U.S. Treasury to reopen the issue on October 4
and hold an unusual "snap" auction of new ten-year
securities."
If the Federal Reserve had to cover-up the clearance of $240
Billion in covert securities, they could not let the volume of
capital shrink by that much in the time of a monetary crisis.
They would have had to push excess liquidity into the
market, and then phase it out for a soft landing, which is
exactly what appears to have happened. In about two
months, the money supply was back to where it was prior to
911.
In the aftermath of September 11th, the SEC appears to
have allowed the Bank of New York and the Federal Reserve
to engage in securities refinancing that resulted in the
American
taxpayer refinancing
the
$240
billion
originally used for the Great Ruble Scam. A review of the
explanations for the actions of the Federal Reserve after
September 11th exposes an amazingly complex web of
analysis and speculation. The reports published by the
Federal Reserve argue that the Federal Reserve's actions
increasing the monetary supply by over $300 billion were
justified to overcome operational difficulties in the financial
sector.
A Federal Reserve report about what happened in the
aftermath of the 9/11 attack, indicated that only "a few"
were seriously disrupted. Ananalysis of the FED report
suggests that any disruptions were essentially concentrated
in one bank the Bank of New York (BoNY). The same
Bank of New York was being investigated for money
laundering charges in relation to the economic pillaging of
Russia by criminal oligarchs.
14

"At one point during the week after September

11, BoNY publicly reported to be overdue on $100 billion in
payments."
The Deutschebank, which sat inside the World Trade Center
and was totally decimated, reported no such account
balance increase, and JP Morgan, the other of only two
clearing banks which uses the same traders and
communications hub, reported no such increase in its
account balance. No one has publicly asked: why is it that
these other two banks were not seriously disrupted, while
the Bank of New York which had no structural damage,
seemed unable to operate? Understanding what was
happening at the BoNY becomes critical to understanding
the securities settlement issues:
GSCC and several dealers could not verify what came into
and what left their custodial accounts at BoNY, they could
not advise BoNY of securities they expected to receive, and
they could not give BoNY instructions for delivering
securities. Additionally, GSCC was unable to verify the
movement of funds into and out of its account at BoNY
(GSCC Important Notice GSCC068.01).
Finally, with respect to the Bank of New York operations and
the level of disruption experienced on September 11th, an
important element needs to be highlighted. Disruptions to
the financial system were attributed to the loss of the
communications hub in downtown Manhattan. The telephone
network operations center (NOC) or hub was decimated
when the WTC collapsed onto it. However, the BoNY Funding
Transfer operations, which reportedly could not communicate
with the Fed, were located in Utica, New York, and had none
of its communication abilities impaired. Moreover, the four
BoNY back-up datacenters were all located within 46 miles of
Manhattan, and could and did deliver data on tape regularly
to the Fed via courier.
15

 The disruptions to the U.S. financial system were not as

widespread as the reports from the Federal Reserve would
have the public believe, but that the public had to be made
to perceive a widespread need for declaring a national
financial emergency, suspending key provisions of the
Federal Reserve Act and driving the `ten-year special rate'
to almost zero.
Certain key unknown figures in the Federal Reserve may
have `conspired' with key unknown figures at the Bank of
New York to create a situation where $240 billion in off
balance sheet securities created in 1991 as part of an official
covert operation to overthrow the Soviet Union, could be
cleared without publicly acknowledging their existence.
These securities, originally managed by Cantor-Fitzgerald,
were cleared and settled in the aftermath of September 11th
through the BoNY. The $100 billion account balance bubble
reported by the Wall Street Journal as being experienced in
the BoNY was the tip of a three day operation, when these
securities were moved from off-balance-sheet to the balance
sheet.
By reducing the `ten-year special rate' to almost zero, the
Fed structurally increased the number of refinancing (Repo)
settlement fails. Under the umbrella of this artificially
created statistical bump of fails, the high level of fails due to
the laundering of the $240 billion was able to be processed
unnoticed.
The cover for this bubble is found in the footnotes to the
BoNY annual and quarterly reports, which report that the
BoNY took over $330 billion of commercial securities
business from U.S. Trust between June and October of 2001,
although the assets under control of U.S. Trust in 2000 were
reported by two sources as $80 or $86 billion.
On over-riding consideration in the Fed's management of the
16

aftermath of September 11th was the concentration in

account balances at the Federal Reserve.
It is clear that the concentration in account balances at the
Federal Reserve rising more than fourteen- fold from
its normal levels on the days following the terrorist
attackswas a most unusual event. If a large proportion of
the balances in the banking system concentrate in one
bank's account, then other banks will face, all else being
equal, higher costs of making payments, or alternatively
may face liquidity constraints on their borrowing, which
could preclude their submission of further payments."
A key consideration is the pre-911 daily average for this
balance. These balances and service-related balances for
August 2001 averaged $14.65 billion per day. This makes
the actual surges due to the 9/11 attack show a net impact
of $352 billion on the account balance over the remainder of
the week. What appears to be the case is that the Federal
Reserve imbalances reported on three consecutive days in
the aftermath were largely concentrated at the Bank of New
York, which is reported to represent over 90% of the
imbalance, suggesting the Bank had been the recipient of
massive fund transfers, and unable to send out transfers.
None of the BoNY's systems failed or went non-operational.
Todd Gibbons of the BoNY reported an "increase" in the
volume of securities on September 11.
"The contingency site muse be able not only to
accommodate normal business loads, it must be able to
accommodate extreme business surges, such as we saw in
the first day in the equities market. Our contingency plans
had included the ability to handle a great amount of excess
capacity; and we were able to handle the increase in
volumes..."

17

However, the overall volumes for the day were 25% less
than normal and one third of the volume or $400 billion
came in after normal business hours in very few
transactions. Overall transactions for Sept. 11th were
seemingly down even more significantly than volume, but
the transactions that came in after closing were
extremely large, averaging in size in packages of $35
million or more. This would be consistent with a hypothesis
that $240 billion of securities were being pushed
surreptitiously into the money supply. Additionally, the
conflicting information from the BoNY and Fed suggests the
activity in the bank was different that that being reported to
the public.
"August 2001, the value of Fedwire funds transfers averaged
more than $1.6 trillion per day, while banks held about $15
billion on account. The value of funds sent on September
11th was $1.2 trillion, about three-fourths of the average for
the benchmark period. However, unlike volume, the value of
funds sent had returned to normal levels on the twelfth and
was then at elevated levels for the next seven business
days."
(Liquidity Effects of the Events of September 11, 2001,
James J. McAndrews and Simon M. Potter, Federal Reserve
Bank of New York Economic Policy Review, November 2002,
p65).
The Federal Reserve, without providing the detail required to
substantiate it's claims, would have the public believe that
there were widespread liquidity issues, when in fact the
issues were very concentrated primarily, if not singularly, in
the BoNY, which has been the subject of an ongoing major
money-laundering investigation for many years.
Summary:
What we have is evidence of some people knew how to
game the financial system and on Sept. 11, 2001 nine
federal investigation were stopped and there is every reason
to believe activities in the Bank of New York in the aftermath
18

of September 11th are worthy of suspicion.

http://www.writingroom.com/viewwriting/Dakota1955/GoldWarriors---The-Vulcans---Murdering-Liberty-and-KillingHope-on-911
Copyrighted July 11, 2011
What we have is evidence of some people knew how to
game the financial system and on Sept. 11, 2001 nine
federal investigation were stopped and there is every reason
to believe activities in the Bank of New York in the aftermath
of September 11th are worthy of suspicion.
It is said that in 1936 Japan's Emperor Hirohito realized
that a new world war was coming. He foresaw that to defeat
the United States would require extraordinary military forces
backed by unprecedented financing. He organized a special
team to confiscate the wealth of Asia, overseen by his
brother Prince Chichibu. Japan's top underworld crime
boss, Yoshio Kodama, was made an admiral and put in
charge of looting occupied Asia's gangsters. The latter's
organization was code-named kin no yuri, or 'Golden Lily',
the title of one of the emperor's poems.
Other princes headed different parts of Golden Lily across
the conquered territories. One of these was Prince Takeda
Tsuneyoshi, one of Hirohito's first cousins and grandson of
the emperor Meiji, who is said to have been ultimately
responsible for seeing that all the gold in the Philippines was
buried.
The first major project of this group the rape of
Nanking was only the tip of the iceberg. As the Japanese
imperial army swept through China and occupied virtually all
of south-east Asia, it seized over 4,000 years' worth of
stored gold, silver, precious gems and works of art.
Much of Europe's vast wealth had also been secretly
placed in Japan's path. This included moving many of the
national treasures of the Netherlands to the Dutch East
Indies (Indonesia), French Indochina (Vietnam) and those of
Britain to Singapore. Field Marshall Count Terauchi
19

commanded the Japanese imperial forces in the southeastern Pacific. He sent orders to Admiral Masaharu, the
military commander of the Philippines before Yamashita, and
several other admirals and generals saying that all war booty
taken from their respective occupied territories Java,
Sumatra, Singapore, Malaya, Thailand, Burma and northern
India should be collected and transferred to
Japan. However, from theend of 1943, the great bulk of
the World War II treasure was sent to the Philippines. The
Japanese strongly believed that they would be able to keep
the Philippines as a concession for peace, then would use
the vast wealth hidden there to rebuild their empire. Thus,
the relocation of the enormous shipments of war treasure to
the Philippines was seen as Japan's only hope of ethnic
survival.
As the shipping lanes to Japan became too
dangerous due to patrolling US Navy. The Japanese forces
were busy hiding and securing the stolen loot. Elaborate
tunnels were dug, some to depths of hundreds of feet, to the
final 'storage chambers'. Many of these tunnels were
excavated just below the water table during the dry season,
which meant that they would eventually fill with water a
deterrent to any future salvagers. And if that were not
enough, most if not all of the tunnels were booby-trapped
with 1,000- and 2,000-lb bombs and poisonous gas.
In most cases, POW labor was used to dig the intricate
tunneling systems. In all cases, when securing the gold in
the pits was completed, the POWs were executed and buried
along with the treasures. In rare cases, Japanese officers
even had their own soldiers killed and buried along with the
treasure, to protect the secret locations.
In June 1945, with US tanks less than 30 kilometers
away, General Yamashita, head of the Japanese occupying
army in the Philippines, knew the war was lost. He held a
farewell party in Luzon province for 175 Japanese chief
engineers, in one of the 175 underground tunnel complexes
the engineers had constructed. At midnight, with the sake
and patriotic singing in full flow, Yamashita (with two of
20

Emperor Hirohito's princes) slipped out and detonated

dynamite at the tunnel's entrance. Buried 70 meters
underground, the engineers had only the mute company of
row upon row of gold bars, looted by the Japanese army
from the territories it had conquered in Asia.
When the Americans invaded the islands, there was still
much treasure remaining to be buried. Japanese forces took
it with them during their retreat and interred it in many
different locations.
In the Philippines, there are said to be
172 "documented" official Japanese imperial burial sites
(138 on land and 34 in deliberately scuttled ships), not to
mention the numerous instances of World War II loot buried
by greedy officers and renegade soldiers. The worth of all
this booty is estimated to be as much as $3 billion at 1940
rates the equivalent of over $100 billion today. According
to various post-war estimates, the gold bullion alone totals
4,000 to 6,000 tons.
In October 1945, American intelligence agents learned
where some of the Japanese loot was hidden. OSS spies
watched as Japanese troops buried treasure on the island of
Luzon and the OSS began a clandestine recovery operation
that lasted until 1948. This was headed by a FilipinoAmerican OSS contract agent, Severino Garcia Santa
Romana. Santa Romana`s OSS case officer was BG
Edward Lansdale. Lansdale was a member of the staff of
General Charles Willoughby, who was General MacArthur's
chief of Intelligence. Lansdale and Severino Garcia Diaz
Santa Romana tortured Major Kojima Kashii, General
Yamashita Tomoyuki's driver, until he revealed the sites of
the gold.
General
Douglas
MacArthur,
former
US
president Herbert
Hoover and
CIA
Director Allen
Dulles knew the US was confiscating this loot. Lansdale
briefed Assistant Secretary of War John J. McCloy about
the findings, and a US Cabinet-level decision was made to
confiscate the gold and cover-up its discovery. President
Truman may also have been in the charmed circle of those
who were in the know. Santa Romana set up numerous front
21

companies to launder the secretly recovered gold bullion.

The Golden Lily loot now financed the clandestine
Yotsuya Fund which supported a death squad of Kodama's
criminal associates, headed by a US army colonel, which
targeted student leaders, liberals, leftists, union organizers,
journalists and others who got in the way of the revival of
capitalism in Japan.
The Keenan Fund, named after Joseph Keenan, the chief
prosecutor in the Tokyo war crimes trials, also drew on
Golden Lily funds to bribe witnesses to falsify their testimony
so that the reputations of the emperor, right-wing politicians
and criminal bosses like Kodama could be refurbished and
bolster pro-US and solidly conservative political influence in
post-war Japan.
The fund bribed witnesses of Japan's chemical and
biological warfare program to commit perjury so that the
deadly knowledge they held could be kept secret and passed
on to the US military. It also bribed witnesses of the Golden
Lily project itself. Making common cause with the Yotsuya
Fund, there were violent deaths and suspicious "assisted
suicides of those who resisted the bribes.
Both funds were eventually rolled into the M-Fund, which
began at a "modest US$2 billion, but grew quickly to be
almost 10% of Japan's gross national product by 1950. The
profits financed Japan's "self-defense army and the
formation of Japan's hegemonic right-wing Liberal
Democratic Party (LDP).
The M-Fund paid huge inducements to all LDP factions to
support Nobosuke Kishi, who was actively involved in the
use of slave labor as a wartime minister (and with a sideline
in narcotics since the 1930s), as LDP leader against a less
pro-US rival. During his three-year reign as prime minister,
from 1957-1960, the LDP received $10 million each year
from the CIA, chiefly drawn from the M-Fund.
Under international law the gold should have been either
returned to the countries from which it was stolen or should
22

have been incorporated into the US Treasury. The name of

this secret fund most commonly used is the Black Eagle
Trust, which came from the Eagle stamped on capture Nazi
gold and was the original captured gold. This secret fund is
also known as the Marcos gold, Yamashita's Gold, the
Golden Lily Treasure, and the Durham Trust or Project. Over
the years, the significance of the Nazi gold would pale in
comparison to the confiscated Japanese treasure. The
Japanese Army for over fifty years had been pillaging of
Southeast Asia and China. Reports vary, but documents in
the public domain suggest the recovered treasure was in
excess of 280,000 metric tons of gold.
The men responsible for initiating and executing the
confiscation this gold were the most senior Intelligence
officers in the US and Britain Armies at the end of World War
II, and the Cabinet of the President of the United States. The
financial institutions represented by these individuals would
become the major financial banks in the world, along with
the Swiss-German banks where they hid their gold.
Allen Dulles, future Director of the CIA and boss of the
following people, a principal of Bank of New York, and legal
representative of Brown Brothers, Harriman.
Henry S Morgan and Spencer Morgan. Henry and Spencer
were the sons of JP Morgan, and would return from their
service to manage the financial empire that would evolve
from JP Morgan to `Morgan and Chase' to then to `Chase
Manhattan' to finally what in 2008 was known as Chase.
Paul Helliwell would become the primary covert operations
banker for U.S. intelligence, setting up in Nassau Castle
Bank and then Mercantile Bank and Trust. When Castle Bank
needed to be closed, he set up Nugan Hand Bank. When the
Nugan Hand Bank closed, he helped shift banking operations
to Household Bank in Chicago, Illinois and to the notorious
BCCI bank. His front man, and associate of Bill Donovan was
General Earle Cocke.
23

 General Earl Cocke would be the financial advisor to every

President from Truman until Cocke's death in the year 2000.
Cocke was a true American hero in the classical sense: the
recipient of the Silver Star, four Bronze Stars and four Purple
Hearts. He was also the coordinator for the Black Eagle
Fund and Project Hammer, which would be used to bring
down the Soviet Union and attempt to bring Soviet oil and
gas resources under the control of Western investors.
George S Moore; future President and CEO of First
National City Bank of New York, which would evolve to
become Citibank. Citibank would end up with over 116,000
metric tons of the Marcos Gold.
General George Olmsted; was another World War II hero
who subsequently was responsible for distributing U.S.
Military Assistance, later becoming President of a
Washington DC based bank holding company known as
International Bank, which took over the CIA's Mercantile
Bank and Trust in the Bahamas. Under Olmsted's leadership,
International Bank sold Financial General Bankshares (FGB)
then known as First American, to BCCI.
William Colby, future CIA director and lawyer for Helliwell's
covert operation banks.
William Casey, future Director of the CIA. Casey took over
from Paul Helliwell the "Secret Intelligence Branch" of the
OSS in Europe in 1945.
John and William Keswick
Virtually all of these men would play a dominant role in
the worlds' most important banks. The sons of Henry
Keswick, John and William Keswick, were British OSS
officers and participated and support for the OSS. The
British
OSS
was
called
the
Special
Operations
Executive. From the British Special Operations Executive
came participation and support for the OSS from. Fifty years
24

later, the financial institutions represented by these

individuals would become the major financial banks in the
world, along with the Swiss-German banks they hid their
gold in.
The Henry Keswick (British) family had controlling
interest in Jardine Matheson Bank, which owned and
operated Ferdinand Marcos' gold smelting operation, which
was opened in the mid 1970s. The Keswick family also had
controlling interest in the Hong Kong and Shanghai Banking
Corporation (HSBC), which was the largest holder of Santa
Romana's known gold accounts, although Citibank would be
the largest recipient of the confiscated treasure. When
Romana died, the bank refused to hand over his accounts to
his heirs, and confiscated his accounts.
William Keswick (1834-1912)
The company operated as merchant traders and had a major
influence in the opium wars although the company stopped
this trading in 1870 to pursue a broad range of trades
including
shipping,
railways,
textiles
and
property
development.
William arrived in China and Hong Kong in 1855,
2nd Generation
Henry Keswick (1870-1928)
Represented Hong Kong at the coronation of King George
V in 1911
3rd Generation
William Keswick (1903-1990)
John Keswick
(1906-1982)
They served as members of the Legislative and Executive
Councils in Hong Kong and of the Council of the
International Settlement in Shanghai. They were also
Chairmen of the Shanghai Municipal Council and Chamber of
Commerce at various times. When William and his father
Henry Keswick returned to the United Kingdom they both
served as Members of Parliament with responsibility for Far
Eastern interests.
4th Generation
Sir Henry Keswick 1938 25

firm's offices in Hong Kong, Singapore and Malaysia.

As the fund grew, it was distributed in private accounts
across the globe in over 100 banks, and administered
by Brigadier General Earle Cocke. Cocke's deposition in
US District Court, Southern District of New York, April 13,
2000, is a critical starting point for understanding the fund.
In page 10 of the deposition, Cocke testifies he has
reported on the gold to every President since Truman. The
Secretary of War proposed the idea of a trust to President
Roosevelt.
(Sources: Gold Warriors: America's Secret Recovery of
Yamashita's Gold, by Sterling and Peggy Seagrave," Verso,
2005, pp 96-99, and Guyatt's Project Hammer Files),
Lansdale and Santa Romana were made responsible for
recovery of the treasure, confiscated the land where much of
the gold was buried, and proceeded to mine it. Several sites
sit on Clark Air Force Base. Over the years, Lansdale's
personal account in Zurich grew to over 30,000 metric tons
greater than the national treasury of any modern nation
state. Santa Romana had multiple accounts and the largest
single account was valued at over 20,000 metric tons. While
these accounts were created in their names, over time it
would be shown these were actually government accounts.
As a point of reference, the annual gold production of the
world is estimated to be 1,200 tons, and the US gold
repository at Fort Knox held in 1980 was only 8,221
tons. On his death, Santa Romana's will and his tax record
have provided evidence of his fortune deposited in the US,
Switzerland, Hong Kong and elsewhere.
It would be Lansdale who would initiate a bond between
the US intelligence organizations and the Israeli intelligence.
It would be Lansdale that would set precedents for the
Intelligence community to retain the services of organized
crime. Lansdale hired the Italian Mafia families to wage an
26

illegal operation against the Italian Communist party. He

also hired American Mafia family heads Carlos Marcello,
Santos Trafficante, Meyer Lansky, and Lucky Luciano in the
US war against Fidel Castro in 1961.
http://www.channel4.com/history/microsites/H/history/im/lastdays4.html
With CIA blessing, and using drug running as a way of
financing activities, the Mafia set up drug supply routes back
to the US. Many an Federal Bureau of Narcotics (FBN)
operation would trace the drugs back to Mafia sources, in
turn supplied through Lebanon, Turkey, Afghanistan, and
elsewhere in the Middle East, only to be thwarted by the far
more powerful CIA stepping in and terminating the
investigation on national security grounds."
Uncovered declassified U.S. Army counterintelligence
records established that the one-time fascist war criminal
suspect, Yoshio Kodama, was a contract agent of US
military intelligence. During World War II, the Kodama
Agency consisted of "systematically looting China of its raw
materials" and dealing in heroin, guns, tungsten, gold,
industrial diamonds and radium. In 1948, Yoshio Kodama
was a leading figure in Japan's organized crime syndicate
Yakuza. (In January 1995, Japan's KYODO news-service)
To understand the role Sun Myung Moon's Unification
Church plays in US politics, one must start with Ryoichi
Sasakawa, as a key money source for Moon's far-flung
world empire. In the 1930s, Sasakawa was one of Japan's
leading fascists. He organized a private army of 1,500 men
equipped with 20 warplanes. His men dressed in black shirts
to emulate Mussolini. Sasakawa was an "un-condemned
Class A war criminal" suddenly freed with another accused
war criminal (Source: a PBS Frontline investigative report)
Moon's church made its first important inroads in Japan in
the early 1960s after gaining the support of Ryoichi
Sasakawa, a leader of the Japanese yakuza crime syndicate
who once hailed Italian dictator Benito Mussolini as "the
perfect fascist." In Japan and Korea, the shadowy yakuza
ran lucrative drug smuggling, gambling and prostitution
27

rings. In 1964, Kodama served as Chief Advisor to the

Moonie subsidiary, Win Over Communism, an organization
that served to protect Moon's South Korean investments.
Sasakawa acted as chairman of this organization.
Both Sasakawa and Kodama's CIA ties are a reoccurring
theme in their relationship with the Moonies. In 1977,
Congressman Donald Fraser launched an investigation into
Moon's background. The 444-page Congressional report
alleged Moonie involvement with bribery, bank fraud,
kickbacks and arms sales and revealed that Reverend
Moon's 20,000-member Unification Church was a creation of
Korean Central Intelligence Agency (KCIA) Director Kim
Chong Phil as a political tool to influence US foreign policy.
The CIA was the agency primarily responsible for the
founding of the KCIA.
Moon, Sasakawa and Kodama, first joined together in
the 1960s to form the Asian People's Anti-Communist
League with the aid of KCIA agents, alleged Japanese
organized crime money and financial support from Chinese
Generalissimo Chiang Kai-Shek. The League concentrated on
uniting fascists, right-wing, and anti-Communist forces
throughout Asia. The Taiwanese now control all the drug
trafficking out of Southeast Asia.
New Zealand Great South Basin oil and the connection to
Nugan Hand Bank
In May, 18, 1967, Texas oil billionaire Nelson Bunker
Hunt, using sophisticated satellite technique to detect global
deposits, discovers a huge oil source south of New Zealand
in the Great South Basin. June, 10, 1967: Hunt and New
Zealand Finance Minister reach an agreement: Hunt will
receive sole drilling rights.
The Great South Basin is an area of mainly sea to the
south of the South Island of New Zealand. Starting in the
1960s, the area was explored and drilled for oil deposits by
various minerals companies, mostly international, but by
1984 all of these companies had left empty-handed.
The Great South Basin is one of New Zealand's largest
28

undeveloped offshore basins. Situated to the east and south

of Southland the Great South Basin was explored between
1976 and 1984 with eight wells drilled. Hydrocarbons were
present in half of these.
In
May
10,
1968, Aristotle Onassis and William
Colby and Gerald "Gerry" L. Parsky met to discuss
establishment of a new CIA front company in Australia
Australasian and Pacific Holdings Limited - to be managed
by Michael Hand.
Gerald Parsky was the deputy to former CIA/FBI Robert
Maheu in the Howard Hughes organization. He took orders
from Onassis and was made responsible for laundering skim
money from the Onassis casino operations in Las Vegas and
the Bahamas. Using Onassis-Rockefeller banks, Chase
Manhattan and Shroders, Travelodge Management Ltd, sets
up another front to link the operations to the US. Onassis
ran a heroin operation in the Golden Triangle (Laos, Burma,
Thailand) with 200 Green Beret Mercenaries.
Onassis made large profits when the big oil companies
like Mobil, Socony, and Texaco signed long-term contracts at
fixed prices with him for the use of his fleet. Onassis's
fortune consisted of a fleet of freighters and tankers that
exceeded the 70 ships. Stocks that accounted for one-third
of the capital of Onassis, in oil companies in the USA, the
Middle East, and Venezuela.
1941-1945: World War II; very profitable for Onassis,
Rockefeller, Kennedys, Roosevelts, I.G. Parben, etc. Onassis
selling oil, and arms to both sides went through the war
without losing a single ship or man. 1949: Onassis buys
U.S. surplus "Liberty Ships".
Mid-July, 1968: Placid Oil Co and the Seven Sisters
(major oil companies) begin Great South Basin oil
exploration - hunt finances 45.5% of exploration costs, Gulf
Oil 14.5%, Shell (US) 10%, B.P. Oil 10%, Standard Oil
California 10%, Mobil 6.5% and Arco 6.5%.
On October 12th, 1968: Hunt and Seven Sisters
announce confirmation of new oil source comparable to the
Alaskan North Slope gas reserves estimated at 150 times
29

larger than the Kapuni Field.

In
early
1969,
banking
operations
were
consolidated. David Rockefeller becomes Chairman of Chase
Manhattan; Wriston at Citibank and Michele Sindona
captures the Vatican Bank,
Partnership Pacific launched by Bank of America, Bank of
Tokyo and Bank of New South Wales.
In February, 24, 1969: Aristotle Onassis calls Council
meeting in Washington to discuss strategy to monopolize the
Great South Basin discovery. Council members included
Nelson Rockefeller and John McCloy, who managed the
Seven Sisters. McCloy outlines the plan to capture all oil
and mineral resources in Australia and N.Z.
In March 10, 1969: Gerald Parsky and Colby use
Australasian and Pacific Holdings to set up a front company
in Australia. Using old banks -Mellon Bank and Pittsburgh
National Bank, they buy control of near-bankrupt Industrial
Equity Ltd (I.E.L.).
Asian and Pacific Holdings consultant Bob Seldon helps
Michael Hand set up the new organization. Seldon took
orders from Mellon and Pittsburgh National Banks, while
Hand was directly responsible to Gerald Parsky and William
Colby. In August, 16, 1972 a Gulf Oil associate Bob
Seldon helps establish new banking operation, NZ
international banks include Bank of New Zealand, D.F.C.
(Aust), N.Z.I., Morgan Guaranty Trust, Morgan Grenfel and
S.F. Warburg.
In February 17, 1970, Gerald Parsky sets up a new
heroin-dollar laundry in Australia - Australian International
Finance Corp. using the Irving Trust Co New York.
In May, 26, 1972: Gerald Parsky installs Michele
Sindona as owner (or more likely front man action as the
owner) of Franklin National Bank, with the help of the
Gambino Mafia family. Michele Sindona, acting as the gobetween for the Mafia and the CIA, was the conduit between
US and European banks. The New York Justice Department
indicted Michele Sindona and charged him with 99 counts of
fraud, perjury and misappropriation of bank funds, which
30

had led directly to the collapse of the Franklin National

Bank.
In July 1982, American Bishop Paul Marcinkus was
implicated in the collapse of Banco Ambrosiano). It was
learned that Michael Sindona had paid a brokerage fee of
6.5 million dollars to Marcinkus for the fraudulent purchase
of the Banca Cattolica del Veneto, called the "priests' bank of
Venice." Bishop Marcinkus had
been
a
director
of Ambrosiano Overseas based in Nassau, Bahamas. After
the collapse of the Banco Ambrosiano, on July 11,
1979 Giorgio
Ambrosoli was murdered
. He
was
an Italian lawyer and he was investigating the malpractice of
banker Michele Sindona. However, because of the files kept
by Giorgio Ambrosoli, everything was uncovered.
Only hours after talking to US authorities, Giorgio
Ambrosoli was
shot
dead
by
three Mafia hitman
commissioned by Michele Sindona. Sindona feared that
Ambrosoli would expose his manipulations in the Banca
Privata Italiana case. In 1986 Sindona was sentenced to
life imprisonment for having ordered the murder.
Archbishop Paul Marcinkus was President of the Vatican
Bank from 1971 through 1989.
Pope John Paul I was a staunch believer in ecumenism
and the reduction of Church wealth. He was warm, humble
and had no aspirations for the papacy. He was praised as a
liberal reformer who read Mark Twain. He was on a mission
to reverse the Church's position on contraception, cleaning
up the Vatican bank and dismissing many Masonic
cardinals. The Pope also wanted the Church's wealth shared
with the poor. He was also on the verge of reversing the
Church's position on artificial birth control, as well as
cleaning up the messy Vatican Bank scandal. He was about
to approve the birth-control pill. In his "Humanae Vitae," he
urged pastoral clergy acceptance of contraception and also
acknowledged those children born by in-vitro fertilization.
Vatican Bank was used to finance CIA neo-fascist
Italian/Latin American operations through Licio Gelli's P2
Lodge, which helped toorganize the death squads of
31

Argentina, Uruguay and Chile. This aided the P2 members

such as Klaus Barbie ('The Butcher of Lyons') and Jose Rega
- organizer of the A.A.A. in Argentina.
On September 28, 1978, Pope John Paul I was found
dead in his bed only a month after his election to the
Papacy. ArchbishopMarcinkus was named as a possible
accomplice in the murder for the purpose of covering up his
dealings with the mafia.
(Source: In God's Name: An Investigation into the Murder
of Pope John Paul I by investigative journalist David
Yallop, 1984)http://www.skepticfiles.org/cp002/illumin.htm
In early 1971, Onassis and Rockefeller use Lockheed,
Northrop and Litton Industries agent Adnan Khashoggi, to
organize operations in the Middle East, Iran and Indonesia.
I.C.I.
set up $2.5 million slush fund to Australia and N.Z.
It is alleged that Aristotle Onassis was the head of a
mafia the ran a world-wide empire of super-tankers in
addition to doing business in arms and drug trafficking and
gambling.
(Source: Inside the Gemstone File by Kenn Thomas and
David Hatcher Childress)
In February 1972, Onassis and Rockefeller help
associate Adnan Khashoggi buy the Security Pacific
National Bank in California and take control of the United
California Bank through CIA-linked Lockheed Aircraft
Corporation. Both banks used by Onassis and Khashoggi to
funnel bribes and payoffs via the "CIA's" Deak Bank to
captive Japanese and other crooked politicians. Security
Pacific National bank was also used to launder over $2
million for Nixon's re-election campaign.
(Source: THE OPAL FILES - PART 2)
http://www.guerillamedia.co.nz/content/opal-files-part-2stand-new-zealand-neal-king
Peter Abeles (member of the Hungarian Mafia and the
former business partner with Frank Nugan) and Henry
Keswick
went
into
business
with Canadian
businessman Peter Munk. Munk had been accused
32

of insider-trading lawsuit in Canada in 1967. Munk would

partner withAdnan Kashoggi, Sheik Kamal and Edgar
Bronfmann in a series of operations which ultimately would
evolve into Barrick Gold Corporation.
Adnan Khashoggi is a Saudi billionaire was the
international arms trafficker that has supported the October
Surprise, helped Marcos sell his gold on the market; and was
part of the cocaine tangle which would explode in 1986 as
the ``Iran-Contra'' scandal.
David Kimche turns up in almost every covert operation
ever conceived and Adnan Khashoggi, a billionaire several
times over, a criminal arms trafficker and the money-man
behind several major covert operations. David Kimche was
the chief of Tevel, the foreign relations unit of Mossad.
Sheik Kamal Adham was Chief of Saudi Intelligence.
The Bank of Montreal would be controlled by the
Bronfmann family, which became heavily invested in Barrick
Gold Corporation. It would be Edgar Bronfmann that would
cut a deal with the Swiss banking cartel in 1998 that would
derail U.S. Congressional and Israeli pressure for an
investigation into the Holocaust and Marcos gold accounts.
Barrick Gold Corporation was founded in Toronto,
Canada, in 1983 by Peter Munk. He is chairman of Barrick
Gold. Barrick Gold would become an investment for nearly
every gold bullion bank associated with the Marcos gold
recovery. These banks would loan gold to Barrick Gold Corp,
which would then sell the borrowed gold as derivatives, with
the promise of replacing the borrowed gold with their gold
mining operation.
Peter Munk was born into a well-to-do Jewish family.
With the Nazi takeover of Hungary, the Munks and family
escaped to Switzerland, arriving in Basel in late August
1944.
The Barrick Gold Corporation was able to take over 1,945
acres of onetime federal land with a gold deposit worth
billions for less than $10,000 because of the generous terms
of the 1872 Mining Law. Munk also founded TrizecHahn
33

Corporation, a Toronto-based integrated real estate

development firm, one of the largest in North America,
which owns over US$ 8 billion in real estate assets.
http://www.americanhungarianfederation.org/FamousHunga
rians//businessandpolitics.htm
The records of many of those transactions disappeared
when Enron collapsed and the trading operation and all its
records were taken over by UBS, another major recipient of
Marcos gold. The FBI was reportedly conducting an
investigation into those transactions, and the investigation
files were destroyed on the North Tower of the World Trade
Center on September 11th 2001.
---------A new political party, the New Zealand Party was
established in May 1983. The reason for it was that Parsky
and Colby wanted Muldoon out because he had welched on a
deal to set up two US military deep-water submarine bases
planned for Dusky Sound and Guards Bay in the South
Island.
Former CIA executive Ray S. Cline was 'consultant' to
the CIA's Deak Bank, took orders from former CIA
Director William Colby, and was responsible for the 10
Australian politicians on the CIA's payroll, including Bjelke
Petersen, I. Sinclair, Keating, McMullen, M.Fraser, D.
Anthony, K. Newman, J Carrick, B. Cowan and R. Connor.
Colby
officially
left
the
CIA
on January
30,
1976 and Cline officially left the CIA in 1973 at age 55.
Parsky, Ron Brierley (aka Brierly a New Zealand
businessman) and Ray Cline hold a separate meeting to
discuss the purchase of New Zealand politicians including
Lange, Douglas and Bolger.
On July 20, 1983 a New Zealand politician R. Douglas
meets Ray Cline and agrees to join the organization for a
monthly fee of $10,000 to be paid into an account at the
Sydney Branch of the Deak Bank.
http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm
On August 18, 1985 Cline and a 6-man CIA team begin
34

installation of subliminal television equipment in Sydney,

Brisbane and Perth.
In the book Acid Dreams: The CIA, LSD and the Sixties
Rebellion by Martin A. Lee, he reports that a former
unnamed CIA officer stated the CIA was committed to
investigating whether or not subliminal messages could be
used to influence the outcome of a political campaign. They
were especially interested in using of subliminals in this way
on television and radio. In a January 17, 1958 declassified
document, Operational Potential of Subliminal Perception,
the CIA stated that it might be possible to include a
subliminal message such as "Obey " in their subliminal
projection and added that subliminal messages had achieved
some success in commercial advertisements! The CIA did
experiments on subliminal messages under the MK/ULTA
program.
http://www.articlegarden.com/Article/The-CIA-SubliminalProgram/76873
On May 24, 1984, a four-man CIA team coordinated by
Ray Cline arrive in New Zealand to begin installation of
equipment for subliminal television advertising at five
sites - Waiatarua, Mt Erin, Kaukau, Sugarloaf and
Obelisk. Sophisticated equipment can be installed within
one kilometer of TV relay arrivals and all linked to one IDAPS
computer bureau in Auckland.
The same equipment was installed in Australia August 1985;
Japan September 1986; UK February 1987: New York 1987.
On July 17, 1984, in New Zealand, subliminal advertising
begins on TV Channel Two between 6pm and midnight hours later extended to begin at noon. Subliminal messages
prepared in the US by the CIA and with New Zealand
election imminent, tell voters to support the Labour Party,
the New Zealand Party and to buy Mafia company products.
William Colby would organize a 8-man 'hit squad' to be
headed by former FBI agent Gordon Liddy who had worked
for Colby in the 1960's as a CIA contract killer, and was
responsible for over ten murders.

35

In July 1983, Parsky launches a new front company,

Chase Corporation, with 25% of the stock being held
through Security Pacific National Bank in Australia and 25%
held
in
Hong
Kong
by
Chase
Manhattan.
Ron
Brierley and Alan Hawkins set up a 'back-door' listing to
cover up true-ownership. Parsky had run CIA front
companies in 1968.
http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm
Gerald "Gerry" L. Parsky, a lawyer, served as Assistant
Secretary
to US
Departments
of Treasury (1974
to
1977) and Energy (underNixon); as Assistant Secretary for
International Affairs with the US Department of Treasury
(under Ford); the President's Council on Productivity
(under Reagan);
the
President's
Export
Council
(under George H.W. Bush) and the President's Commission
to Strengthen Social Security (under AWOL George W.
Bush. He is also a Trustee of the George Bush Presidential
Library Foundation and also a Trustee of the Ronald Reagan
Presidential Foundation. He is worth $500 million.
Parsky was Chairman of the 1996 Republican National
Convention Host Committee, in San Diego and spearheaded
three
Republican
presidential
campaigns;
first
as
the California organizer for then-Governor George W. Bush
of Texas during the primary of 2000 and finally as the BushCheney California Chairman in both 2000 and 2004.
Parsky was a member of the Council on Foreign Relations
and was a trustee of the George Bush Presidential Library
Foundations and the Ronald Reagan Presidential Foundation.
California Governor Pete Wilson appointed Mr. Parsky to the
Board of Regents of the University of California in
1996. Gerald Parsky was one of the original partners, along
with William Simon, in HonFed Savings and Loan and SoCal.
Murdoch and Brierley expand their close ties by each
taking a piece of New Zealand Maritime Holdings and with
the election imminent, divide up New Zealand media for
takeover. NZ
News buys Hawkes
Bay
News, Nelson
Tribune, Timaru Herald, etc. Brierley increases holding in
Hauraki Enterprises and other private radio stations. Brierley
36

and Murdoch have majority stockholding in NZPA with

48.5%, while in the UK, Murdoch has large stockholding
in Reuters.
In January 1984, Equiticorp company was launched using
Hawkins, with 50% of the stock held by Security Pacific
National Bank and Chase Manhattan in the US. Equiticorp is
registered in Hong Kong to cover up true ownership, and will
use the same laundry as Chase Corporation. Hawkins will set
up a maze of shell companies and dummy organizations to
disguise operations.
Hawkins previously associated with Kashoggi when
Corporate Secretary of Marac, and linked with Renouf
through their stockholding in CBA Finance, which is a
partner in Commercial Pacific Trust with United California
Bank, Hawkins forms umbrella company with Chase Corpl,
Jedi Investments and Teltherm and begins setting up a maze
of cross holding companies. Brierley retains his connection
through his Charter Corporation's holding in Teltherm.
Parsky, Brierley and Seldon hold a separate meeting with
Parsky, outlining plans for an expanded laundry operation
which will coincide with the launch of 'Crack' - a
cocaine product developed by CIA chemists for the world
market.
http://www.bibliotecapleyades.net/esp_sociopol_opalfile.htm
-------George H. W. Bush was Barrick Gold Corp.'s chief
lobbyist, a stockholder in Barrick, and honorary senior
adviser to Barrick's international advisory board.
Brian Mulroney was Canadian prime minister (1984-93),
Barrick Gold lobbyist and director, and Bush's lieutenant on
the Barrick international advisory board.
http://www.members.tripod.com/~american_almanac/bush
gold.htm
Bank operations of Nugan Hand were transferred
to House Hold Bank in Chicago, Illinois, where William
Colby would be come the unofficial counsel. There, according
37

to Herman Skolnick, Household Bank would continue the

work of Nugan Hand. Many units of Household Finance were
shortly thereafter taken over by Harris Bank, which was
then taken over by the Bank of Montreal. The Bank of
Montreal would be controlled by the Bronfmann family,
which became heavily invested in Barrick Gold Company. It
would be Edgar Bronfmann that would cut a deal with the
Swiss banking cartel in 1998 that would derail US
Congressional and Israeli pressure for an investigation into
the Holocaust and Marcos gold accounts.
Bronfmann
Sr. was
the
head
of
the
family
business, Seagram
Company
Ltd. headquartered
in Montreal,
Quebec, Canada and
the
largestdistiller of alcoholic beverages in the world. His
father was a Russian immigrant who in 1924 founded
Distillers Corp. in Montreal and ran whiskey across U.S.Canadian border during Prohibition. In 1981, Edgar M.
Bronfman Sr. was elected president of the World Jewish
Congress, the federation of Jewish communities outside
of Israel. On his death at 81, he is allegedly was worth
$3.5 billion.
Five Star Trust (bank) has been connected by these
informed sources to have originated in 1983, when deposed
Philippine
dictatorFerdinand
Marcos,
Saudi
billionaire Adnan Khashoggi, and Vice Pres. George H.W.
Bush were allegedly looking for a repository for an
estimated $3 billion in looted Philippine gold and
gems. Some of the Marcos money was stashed in accounts
in the Cook Islands, a dependency of New Zealand that has
its own banking and corporation laws. Marcos and Khashoggi
created Five Star Trust in 1983. It was as a means to
create a vehicle to use the Philippine wealth to create and
funnel fungible assets.
According to US intelligence sources, Vice Pres. Bush
authorized a Boeing 747 with a special airlift of several tons
of gold bars from Clark Air Force base in the Philippines to
LaGuardia Airport in New York. The gold bars were then
transported to the International Diamond Exchange Vaults
38

near Rockefeller Center. The Marcos fortune was the price

exacted by Vice President Bush for his being granted asylum
in Hawaii. A CIA front company called Oceaneering
International of Houston was reportedly involved in
airlifting some of the gold from the Philippines, in addition to
sea-lifting the remainder to the state of Oregon.
During
his
Hawaiian
exile, Marcos declared
that
he
had
givenReagan $4 million in 1980 and $8 million in 1984.
(Source: Lost History: Marcos, Money & Treason, by
investigative reporter Robert Parry)
Union Bank of Switzerland had other connections; it was
a joint-venture partner with the notorious BCCI in a Genevabased bank, and was involved in a scandal surrounding
the Nugan Hand Bank, a CIA operation in Australia whose
executives were advised by William Quasha,Quasha, a
Filipino banker, had been at strong supporter of President
Ferdinand Marcos. Union Bank of Switzerland was also
involved in scandals surrounding Panamanian money
laundering by BCCI, and Ferdinand Marcos' movement of
325
tons
of
gold
out
of
the
Phillipines. http://www.realchange.org/bushjr.htm
William Quasha owned 21 percent of Harken Energy
Corporation's stock. In September 1986, Harken Energy
was purchased by a New York lawyer, Alan Quasha who
father is William Quasha. In June 1990, Bush sold twothirds of the Harken stock he had acquired in the Spectrum
7 deal at $4 a share for $848,560 $318,430 more than it
was worth when he got it.
http://www.consortiumnews.com/2000/081500a2.html
http://www.texasobserver.org/showArticle.asp?
ArticleID=562
http://www.publicintegrity.org/dtaweb/report.aspReportID=
431&L1=10&L2=10&L3=0&L4=0&L5=0
Five Star Trust (bank) came up in relation to the covert
activities of the Nugan Hand Bank. Five Star entities,
active and dissolved, have been discovered in the Isle of
Man, the island of Nevis, the Bahamas, Florida, Kentucky,
and Texas. Other Five Star-related entities stored large sums
39

of money in the Cook Islands, according to US intelligence

sources, and these funds were directly linked to Khashoggi
and BCCI. Khashoggi also approached top Nigerian leaders
in 1982.
http://www.onlinejournal.com/Special_Reports/120604Mad
sen/120604madsen.html
In 1989, Five Star Trust was officially established in
the Isle of Man by a Houston-based attorney who was a
close friend of the Bush family. Since that time, Five Star's
accounts are said to funnel more funds from Saudi Arabia as
well as cash reserves hidden away in offshore artificial shells
by Enron before it collapsed. "French law enforcement
authorities who investigated a major international fraud
scheme involving bribes paid to Nigerian officials
by Halliburton's Kellogg, Brown and Root subsidiary
(while Dick Cheney was President and CEO) and its TSKJ
business partners in return for a Nigerian liquefied natural
gas contract, have confirmed that Five Star Trust, an offshore entity with a presence in the Bahamas and the Isle of
Man, and which is linked to the Bush family, is the subject of
a major international criminal investigation.
The scandal, known as the Technip Affair in France,
involves French, American, British, Italian, Japanese, and
Portuguese criminal investigations. Five Star Trust funds
were moved illegally into the United States from Nigeria and
other off-shore locations through the use of counterfeit
"markers" used to secretly transfer large sums of money
outside normal (and surveilled) banking networks like
SWIFT."
It was such a counterfeit marker, a money order from
Canada's Laurentian Bank.
And the intrigue does not end with Fuller and Bush. In
the late 1980s, Oceaneering needed to come up with some
capital. A New York financial investment manager
named James Marquez steered investors into stocks of
Oceaneering. He also pushed for Halliburton. Marquez and
his partner Samuel Israel II would later establish the
Bayou Management hedge fund. In December 2006,
40

Marquez pleaded guilty to conspiracy to commit fraud with

Israel and was later sentenced to 51 months in prison. In
June of this year Israel faked his own suicide in New York
but turned himself in to federal law enforcement last month.
Israel is serving a 20-year prison sentence for investment
fraud.
http://portland.indymedia.org/en/2008/08/378631.shtml
-----------

US intelligence operations had been siphoning off

the Marcos gold for three decades. Ferdinand Marcos,
however, continued to discover even more of the
buried treasure. Marcos had started to sell it on the
market during the 1970s in bits and pieces, with the
assistance of Adnan Khashoggi.
For some unknown reason, the Enterprise decided
they wanted it all in 1986. That reason is now known
to fund a financial war against the Soviet Union.
Vice President George Bush ultimately took the gold
from Marcos in 1986 when Marcos was forced out of
office. It is estimated that Marcos was in possession
of 73,000 tons of gold at that time. In removing
Marcos from office, the US was supported by his
General Fidel Ramos, who defected from Marcos's
ranks to support Corazon Aquino. Fidel Ramos was
later made a Board member of theCarlyle Group. The
Marcos gold was removed to a series of banks, most
notably Citibank, Chase Manhattan, Hong Kong
Shanghai Banking Corporation, UBS and Banker's
Trust, and held in a depository in Kloten Switzerland.
Bush administrators involved in the forced departure
of Marcos were Richard Armitage and Paul Wolfowitz.
Adnan Khashoggi was also involved, helping move the
gold. It was at this time that Khashoggi , Shiek Kamal
Adham, Khalid bin Mahfouz, and Peter Munk would
create a Canadian gold mining company called Barrick
41

Gold.
Adnan Khashoggi was the international arms
merchant that has supported the October Surprise and
Iran-Contra deals and helped Marcos sell his gold on
the market;
Sheik Kamal Adham was Chief of Saudi Intelligence;
Khalid bin Mahfouz was a Saudi investor in several
Bush family companies, notably Harken Energy, and a
20% owner of the BCCI criminal banking enterprise.
Much later, Kashoggi and Adham would be primary
investors in a Dubai base company named Oryx. Oryx,
along with US investor Wally Hilliard would later be
shown to have the backing of the Bush family, Jeb
Bush in particular. Wally Hilliard became owner of
Huffman Aviation where Mohammad Atta and several
September 11 hijackers would do their flight training.
Barrick would become a quiet gold producing
partner for a number of major banks, and its activities
subject to an FBI investigation into gold-price-fixing.
The records on this investigation were kept in the FBI
office on the 23rd floor of the North Tower which was
destroyed by bomb blasts shortly before the Tower
collapsed on Sept. 11, 2001. The ultimate destination
of the Golden Lily Treasure, and the source of the
loaned gold that flooded the market for 10 years has
never been officially explained.
A key player in the Marcos gold would be Banker's
Trust, which was taken over by Alexander "Alex"
Brown & Sons (investment bank) after Banker's Trust
floundered financially on its Russian loans in the mid
1990s. These Russian loans were facilitated by Enron,
starting in August of 1993, and very possibly were
42

part of the Project Hammer (the takeover of Soviet

industry). Alex Brown bank`s involvement would
bring to the forefront the names of three names of
individuals who would play multiple roles in this
mystery: Those
three
individuals
were
Buzz
Krongard, Mayo Shattuck and J Carter Beese Jr.
A.B. "Buzz" Krongard is reported as the mentor of
Beese and Shattuck from their years together at Alex
Brown. Additionally, he managed the merger between
Bankers Trust and Deutschebank Alex Brown.
Bankers Trust, Zurich was a key Marcos gold holder.
Krongard would move on to become Chairman of the
investment bank A.B. Brown, Vice Chairman of
Banker's Trust, and Executive Director of the CIA. In
January 2008, Krongard resigned from the Board
of Blackwater. His brother Howard simultaneously
quit as State Department Inspector General, after he
was exposed for blocking Blackwater investigations.
Mayo Shattuck would be reported to be the
personal banker for Adnan Khashoggi and Edgar
Bronfmann during their partnership at Barrick Gold.
He would move on to become the CEO of
Deutschebank
who
would resign
as
CEO
for
unexplained reasons the day after September 11,
2001 and would not be at the WTC office that day
when the tower collapsed. It was his bank that was
identified as the source
of the illegal stock
options that indicated there was insider trading on
September 1, 2001.
After September 11, he would immediately move
over to the firm that would replace Enron as the
primary oil and gold derivatives trader Constellation
Energy.
Lifelong Bush family functionary, John Carter
Beese Jr. went to school at the CIA training facilities
43

of the US War College and John Hopkins. In 1987

Beese was listed among the founders of the Carlyle
Group, (that had a $60 billion dollar portfolio as of
2008). George H.W. Bush appointed him to the board
of directors of the Overseas Private Investment
Corporation in 1992. Since 1992, OPIC has provided
more than $4.5 billion in finance and insurance to
more than 140 projects in Russia. He was an SEC
Commissioner (appointed in 1992 by Bush) and he
was CFO at the Bush family controlled Alex Brown &
Sons from 1994 to 1997. Alex Brown bank was started
by Prescott Bush, grandfather of George H.W. Bush.
Beese ties to the Bush family date back to the mid1970s. While a student at Florida's Rollins College he
was friendly with Marvin Bush, youngest brother of
President George W. At age 24 Beese was named
finance co-chair of George H.W. Bush's unsuccessful
1980 presidential bid. In another insider placement,
Beese rose through the ranks at Alex Brown and
worked under Buzz Krongard. He was also President
of Riggs Capital Partners. Riggs Capital Partners was
created right after the Jonathan Bush joined the bank
(the brother of George H.W. Bush). Jonathan brought
with him the accounts of several Saudi Royals,
including that of Prince Bandar bin Sultan, the onetime Saudi ambassador to the U.S.
After
9/11,
it
was
learned
that Prince
Bandar's wife had actually sent more than $70,000 to
a San Diego couple, who then turned it over to two of
the 9/11 hijackers. The matter of Bandar's wife's
involvement was not pursued by the FBI (also known
as a cover up).
Beese was also
Chairman
of
Riggs
National
Bank, when
evidence
of
international
money
laundering led to the bank's downfall in 2004. Riggs
Bank was fined more than $40 million dollars for
hiding transactions involving the Saudi Royals, money
transfers to the alleged 9/11 hijacker, former Chilean
44

dictator Augusto Pinochet, and a corrupt regime in

Equatorial Guinea.
Carter Beese, 50, committed suicide in April 11,
2007 at a home in Malibu, Calif. He was being treated
for depression, family members said.
http://www.nationalcorruptionindex.org/pages/profile.php?
profile_id=524
George
H.W.
Bush became
director
of Joe
Allbritton's Houston Interstate Bank after leaving his post
as Director of the CIA in 1976. Allbritton would eventually
control 41% of Riggs' stock.
Riggs Bank controlled the famous Riggs-Valmet consultants
who set up the international financial apparatus for the
Russian oligarchs and rogue KGB allowing them to steal the
Soviet treasury and destroy the Russian economy.
In 1988, Riggs Bank, under the direction of Jonathan
Bush and J Carter Beese, would purchase controlling
interest in a Swiss company named Valmet. In early 1989,
the new subsidiary of Riggs called Riggs-Valmet would
initiate contact with a group of KGB officers and their frontmen to start setting up an international network for moving
money out of the former Soviet block countries.
In the first phase of the economic attack on the Soviet
Union, George Bush authorized Leo Wanta and others
to destabilize the ruble and facilitate the theft of the
Soviet/Russian treasury. This would result in draining the
Russian treasury of between 2,000 to 3,000 tons of gold
bullion, ($35 billion at the time). In the meantime, Riggs
Bank was quickly solidifying banking relations with two of
the old Iran-Contra scandal participants: Swiss bankers
Bruce Rappaport, and Alfred Hartmann. Through this group
George Soros opened a second front assault on the ruble. It
is at this stage of the operation that three more groups
would be brought into the plan by Rappaport and Hartmann:
The Russian Mafia, the Israeli Mossad, and the Rothschild
family interests represented by Jacob Rothschild.
This step would prevent a monetary defense of the ruble
and thus destabilize the currency. The gold was `stolen'
45

in March of 1991, facilitated by Leo Wanta and signed off

by Boris Yeltsin's right hand man. The majority of the leaked
reports from the CIA and FBI suggest the theft of the
Russian treasury was a KGB and Communist party operation,
but what those reports omitted was the extensive
involvement of Boris Yeltsin, the U.S. CIA and the U.S.
banking industry.
In November 1989 George H.W. Bush appears to have
arranged for Alton G. Keel Jr, to go to work at Riggs Bank,
which would become the controlling owner of a small Swiss
bank operation known as Valmet. The Riggs-Valmet
operation, would become the `consultants' to the World
Bank and to several KGB front operations run by future
Russian oligarchs Khordokovsky, Konanykhine, Berezovsky
and Abromovich.
These soon-to-be Russian oligarchs had been set-up as
front
men
by
KGB
General Aleksey (Alexei) Kondaurov; and General Fillipp
Bobkov, who previously reported to Victor Cherbrikov, who
worked with Robert Maxwell, a British financial mogul, an
Israeli secret service agent, and a representative of US
intelligence interests.
The KGB was well aware of President Bush's eagerness to
see a collapse of Gorbachev. The CIA was moving hundreds
of millions of dollars to the Generals before the coup through
Robert Maxwell. Many who observed the coup described it as
a fake coup, which was never intended to succeed. Yeltsin
himself writes in his memoirs that the coup was actually a
veiled, pro-Yeltsin coup. The generals who conducted the
coup said the same.
A1991 coup against Gorbachev was engineered by KGB
General Vladimir Kruchkov who reported to General Victor
Cherbrikov. These two would bring a previously unknown
politician, Boris Yeltsin to the forefront of Russian politics
by providing 50% of Yeltsin's campaign funding. Both of
these men were business partners with Robert Maxwell..
Maxwell assisted Cherbrikov in selling military weaponry to
46

Iran and the Nicaraguan Contras during the course of the

Iran Contra deals, and made hundreds of millions of dollars
available to Cherbrikov's Russian banks. It had been Maxwell
that initiated the dialogue about a coup with Kruchkov. In
the same month as the coup, Maxwell was in Russia and
received $780 million dollars from the CIA via the Israelis to
pass on to General Kruchkov. Maxwell's chief U.S.
connection was Senator John Tower, who was long time
confidante of George H.W. Bush and participant in the
October Surprise. After his Senatorial career, Tower actually
worked for Maxwell on the Board of one of Maxwell's smaller
publishing firms - Pergamon-Brassey.
In this operation, Maxwell was supported by a former
four star general, a retired U.S. Air Force General and a
retired British Major General. Senator Tower had arranged
for the Israeli government to provide a $1 billion dollar loan
to Maxwell in 1988, and given the generosity of US financial
aid to Israel, it might be fair to argue this was a passthrough loan.
In the second phase, there were two major operations:
the largest was coordinated by Alan Greenspan, Oliver
North, (and implemented byLeo Wanta), George Soros and
a group of Bush appointees who began to destabilize the
ruble. They are accused of fronting $240 billion in covert
securities to support the various aspects of this plan. These
bonds were created (in part or in whole) from a
secretive Durham
Trust,
managed
by
ex-OSS/CIA
officer, Colonel Russell Hermann, who was a fund
controller for the CIA's covert fund. The war chest had been
created with the Marcos gold.
Mrs. V.K. Durham, wife of Russell Herman, has
contended in sworn testimony that George H.W. Bush, Oliver
North and Alan Greenspan forced her husband into
relinquishing the funding for the bonds on that date. They
later forged Herman's signature on related financial
transactions.
Shortly before the attempted coup of 1991, Robert
47

Maxwell met Kruchkov on Maxwell's private yacht. Shortly

afterwards, Maxwell
died
mysteriously on
his
yacht. Maxwell's wife was advised by a CIA agent to
discourage any investigation into her husband's death if she
valued her life. Robert Maxwell had been introduced to
George Bush in 1976 by Senator Tower for the sole purpose
of using Maxwell as an intermediary between Bush and the
Soviet Intelligence.
Senator Tower died in a plane crash under suspicious
circumstances in April of 1991.
Note: for more about mysterious death see: History of
some
Mysterious
Deaths
parts
1
of
11 at http://groups.yahoo.com/group/SomeUnknownUSHist
ory/messages
Nicholas Dek was born to a family of bankers and lawyers
in a part of Transylvania that now part of Rumania, Deak
was educated in Hungary, Austria, Switzerland and France
and he immigrated to the US. He founded Deak & Co. a
foreign exchange firm in New York in 1939. He became a
senior intelligence officer in the Office of Strategic Services
(OSS) during World War II. He established two o
subsidiaries, Deak-Perera U.S. and a foreign commerce
bank, Deak National Bank. Eventually he had 70 currency
outlets throughout the world. In the gold-rush days of the
late 1970s, Deak & Co. was handling 20% of U.S. retail gold
sales.
In March 1978, Deak & Co. was convicted by a federal
court and fined $20,000 on charges of failing to report $11
million in large currency transactions by two Philippine
businessmen. Then in October 1984 the President's
Commission on Organized Crime charged that the firm had
been involved in a multimillion-dollar laundering operation
for international drug dealers. The Treasury Department
handed down a $572,000 civil penalty against a Deak
subsidiary in connection with the drug-money case. In
1984, Deak & Co. faced allegations from the President's
48

Commission on Organized Crime that they laundered

money for Latin
American drug
traffickers,
facilitated
the Lockheed bribery scandals, and smuggled currency from
the Philippines. Nicholas Deak's son, Robert served as
President and Chief Executive Officer of Deak-Perera. He was
also the Chairman and Chief Executive Officer of American
National
Bank
of
New
York. http://www.time.com/time/magazine/article/0,9171,1
074802-2,00.html
It is through Frank Nugan (of Nugan Hand Bank) and his
business partner Peter Abeles, that insight is provided to
the flow of some of this Marcos treasure. Their bank, Nugan
Hand Bank would be one of the many banks used for
transferring the Marcos gold from the Philippines into covert
operations. Peter Abeles was reputed to be a member of
what was known in Australia as the Hungarian Mafia and a
partner with Sir Henry Keswick. Henry Keswick was the
son of John Keswick.
Barrick Gold would become an investment for nearly
every gold bullion bank associated with the Marcos gold
recovery. These banks would loan gold to Barrick, which
would then sell the borrowed gold as derivatives, with the
promise of replacing the borrowed gold with their gold
mining operation. The records of many of those transactions
disappeared when Enron collapsed and the trading operation
and all its records were taken over by Union Bank of
Switzerland (UBS), another major recipient of Marcos
gold.
The Nugan Hand bank was founded as a funding
operation for US covert operations in Australia, and was a
conduit for Marcos gold. One of the objectives of this a
shadow CIA front bank was to bring about the pre-mature
closure of the Australian labor government. The Whitlam
government
had
quietly
threatened
to
nationalize
subsidiaries of American corporations.
From late 1973 until April of 1975 (the end of the
Vietnam war), CIA officer Theodore Shackley, Thomas Clines
49

and
Navel
Intelligence
officer
Richard
Armitage
disbursed/handled a vast amount of the profits from their
sale of opium by the CIA's secret army in Laos headed by
Vang Pao. Former Special Forces Lt. Colonel James "Bo"
Gritz stated the Richard Armitage "handled the [opium]
money with the banks in Australia."
The money was also secretly smuggled out of Vietnam in
large suitcases, by Maj. Gen. Richard Secord, USAF (who
resign from the US Air Force in 1983) and Thomas Clines
and carried into Australia, where it was deposited in a
secret, personal bank account (privately accessible to
Theodore
Shackley,
Thomas
Clines
and
Richard
Secord). Also between 1973 and 1975, Theodore Shackley
and Thomas Clines stole thousands of tons of US weapons,
ammunition, and explosives that had been secretly removed
from South Vietnam and stored at a secret cache hidden
inside Thailand.
The "liaison officer" to Shackley and Clines during this
1973 to 1975 period, from the "40 Committee" in the Nixon
White House was an Assistant Secretary of State for Far
Eastern Affairs, one Eric Von Marbod. Von Marbod
supervisor was Henry Kissinger.
The subsequent inquiries have established the NuganHand bank was to be the organization used as cover for the
operations of Task Force 157. The Task Force 157 was a
group set up by Henry Kissinger. It was a mini-CIA which
was actually separate from the CIA and probably was set up
by Kissinger so he could deny any connection between what
the Task Force 157 was doing and the CIA. Nevertheless, the
personnel of Task Force 157 included Ted Shackley, who
was one of the head of sabotage operations against Cuba,
he was Station Chief in Saigon during the Vietnam War, and
he was the Chief of the CIA Western Hemisphere Division, so
with an impeccable CIA record like that it would be very
difficult to disassociate him from what the CIA was doing.
The concept of Task Force 157 seems to have been two-fold:
firstly, to set up operations against the Whitlam
government. And secondly, to go ahead with using Australia
50

as a base for certain clandestine US operations such as arms

dealing and smuggling of contraband goods.
Admiral Bobby Inman who was connected of Task
Force 157, a former Deputy Director of the National Security
Agency and Deputy Director of the CIA, said on two
occasions
that
he
expressed
deep
concern
that
investigations of Nugan-Hand would lead to disclosure of a
range of dirty tricks played against the Whitlam government
(Australian labor government). Inman eventually shut down
Task Force 157 covert operations. Bank operations were
transferred to House Hold Bank in Chicago, Illinois, where
William Colby would become the unofficial counsel. There,
according to Herman Skolnick, Household Bank would
continue the work of Nugan Hand.
In South
east Asia operations were financed
through Nugan Hand Bank in Sydney, Australia which
would be one of the many banks used for transferring the
Marcos
gold
from
the
Philippines
into
covert
operations. The Nugan Hand Bank begins operations with
30% of the stock held by Australasian and Pacific Holdings
(100% a Chase Manhattan Bank), 25% by CIA's front
company , and 25% by South Pacific Properties and 20%
held by Seldon, Nugan and Hand.
Bernie Houghton also brought on board Admiral
Yates, a retired chief strategist for the U.S. Pacific
Command. According to retired Air Force officer Alexander
Butterfield, Houghton worked with him as an intelligence
officer during the Vietnam War. Butterfield served in
Australia
as
a
senior
Defense
Department
representative. After retiring from the Air Force, Butterfield
became Deputy Assistant to the President and supervised
internal security at the White House working closely with the
Secret Service. Butterfield also helped to organize the
installation of the Nixon's secret taping system in the White
House. Allan Parks, a former air force colonel stated that
Houghton "ferried C-47s, cargo airplanes" in South-East
Asia. Parks adds that Houghton was also connected
to General John K. Singlaub, who ran covert air operations
51

throughout the Vietnam-Laos-Thailand war.

The following were the members of the board of directors of
Nugan-Hand bank.
Bernie Houghton
Frank Nugan
Michael Hand
Admiral Earl F. Yates (manager of the of Sydney Australia
branch);
General Leroy J. Manor (manager of the Manila branch);
General Edwin F. Black (president of Hawaii branch);
BG Erle Cocke Jr. (president D.C. branch);
Dr. Guy Parker (an expert from the RAND Corporation who
came on as a bank consultant);
Major General Richard Secord (while he was still on active
duty - he retired in 1983).
Walter McDonald (retired CIA deputy director, headed
Annapolis branch);
Dale Holmgreen (former chairman CIA's Civil Air Transport,
manager Taiwan branch);
Theodore Shackley (former CIA deputy director for
clandestine operations);
Richard L. Armitage (was special consultant to the Pentagon
in Thailand who oversaw the transfer of heroin profits from
Indonesia to Shackley's account in Tehran),
William Colby (former director of the CIA as legal counsel),
and Patry Loomis (former CIA officer).
Maj. Gen. John "Jack" K. Singlaub had a long history of
involvement in covert operations, beginning with service in
the World War II Office of Strategic Services (OSS). He had
served as CIA Desk Officer for China in 1949 and Deputy
Chief of Station in South Korea during the Korean War, In
1964 Singlaub became chief of Military Assistance Command
Studies and Observation Group (MACV-SOG) - Operation
Phoenix. After Pres.Carter decided to cut the number of US
troops stationed in South Korea, MG Singlaub publicly
denounced the Carter's decision. Singlaub was chief-of-staff
of the United Nations command in Seoul and had spent the
better part of his life building up the Korean generals as a
52

solid rock of anti-communism in the Far East. On March

21, 1977, President Carter immediately relieved him of his
command and Singlaub was forced to resign from the army.
In early 1982 Singlaub organized an American chapter of the
World Anti-Communist League (WACL), called the United
States Council for World Freedom (USCWF).
Eric von Marbod - Lifelong associate of Armitage, Shackley,
Clines, et al. Vietnam hand connected to CIA/Laotian heroin.
He headed the Defense Security Assistance Agency for the
Pentagon in the Reagan years, which provided cover for a
multitude of covert ops connected to the Contras and other
activities.
Rafael Quintero (aka Chi Chi Quintero) helped move drug
money into the Nugan Hand Bank in Sydney from the profits
of drug trafficking in South Vietnam. During the late
1980s, Quintero acted as liaison to the Contras.
http://www.combatdiaries.co.uk/diary27/diary27chapter12/13.htm
DEA special agent Michael Levine told me he saw heroin
being shipped in bodies by the CIA while working undercover
in Thailand at the time. When he tired to report this, his
report on this drug trafficking was covered up by DEA. US
Justice Department covered-up and failed to investigate or
prosecute the drug trafficking case.US Customs Attach to
Thailand, Joe
Jenkins and
an
unknown
named CIA
Officer. The Department of Justice along with the CIA and
the State Departments covered up and failed to
prosecute DEA agent Michael Levine open and shut
case US
v
Liang
Sae
Tiew,
et
al.,
in July
1971. (Source: Deep Cover (1990) and The Big White Lie,
(1993) by
Michael
Levine) https://deeppoliticsforum.com/forums/showthread.
php?5997-quot-War-on-Drugs-quot-CIA-RecruitedMercenaries-and-Drug-Traffickers
David Westrate - High ranking DEA official who handled
53

sensitive intelligence liaison between CIA, DEA and Congress

dating back to the mid-70s. He rose to become Assistant
DEA Administrator.
The Irving Trust Bank's New York Branch establishes
US links between the CIA and Nugan Hand Bank. It had a
worldwide network of 22 banks set up to: "launder" money
from Onassis heroin operations in the Golden Triangle and
Iran; as a CIA funnel to pro-US political parties in Europe
and Latin America, a spying conduit for information from
Cambodia, Laos, Vietnam and Thailand; and finance arms
smuggled to Libya, Indonesia, South America, Middle East
and Rhodesia using the CIA officer Edward Wilson.
From February to June 1973, William Colby and
Kissinger use key CIA and Naval Intelligence officers to
oversee the operation, includingWalter McDonald (former
Deputy Director CIA), Dale Holmgren (Flight Service
Manager CIA Civil Air Transport), Robert Jansen(former
CIA Station Chief, Bangkok), etc.
Heroin was flown into Australia by CIA's Air America and
trans-shipped to Onassis lieutenant in Florida, Santos
Trafficante Jr, assisted by Australian Federal Bureau of
Narcotics officials and coordinated by CIA officer Ray
Cline. In August 18,1973, Ray Cline and Michael Hand meet
in Adelaide to discuss CIA plan to establish spying
operations in New Zealand.
On February 26, 1974, the CIA implement a new spying and
eavesdropping operation targeting France, Chile, West
Germany and Israel.
-------------So what did the shadow CIA due with all the money they
laundered thru Nugan Hand bank? They were influencing
54

the
internal
affairs
of
Australia
and
New
Zealand. After Watergate and the Church Committee
investigations into the crimes of the CIA, funding started
coming from the Shadow CIA to prevent Congressional
oversight. Of course, it is an violation of international law to
influence the internal affairs of a foreign nation.
One of the most successful CIA covert operations
concerns the removal of Gough Whitlam, the prime
minister of Australia. As leader of the Labour Party he
advocated the abolition of conscription and Australian
withdrawal from the Vietnam War. In 1971 he visited China
promising to establish diplomatic relations. This left-wing
stance was popular with the Australian people and
on December 2, 1972 won election. After 23 years of
continuous conservative rule as well as conservative state
governments, Whitlam embarked on a massive legislative
reform program.
Whitlam tried to pass legislation including for;
a universal, free health insurance system to be known as
Medibank.
Regulate the size of House of Representatives electorates
to ensure one vote one value.
Institute government overseeing of exploitation of minerals
and oil.
However the Australian Senate prevented this from
happening. The introduction of universal health care was his
greatest legacy, and he also did great things for indigenous
Australians with the introduction of the Aboriginal Land
Council and the handing back of much Commonwealth land
to its traditional custodians.
In mid-1974, Gough Whitlam refuses to waive restrictions
on overseas borrowings to finance Alwest Aluminium
Consortium of Rupert Murdoch, BHP and R.J. Reynolds.
55

Whitlam had also ended Vietnam War support and blocked

uranium mining. The CIA discovered that Whitlam wanted
more control over the NSA satellite downlink base, Pine Gap
near Alice Springs. This was very important for American
satellite intelligence operations. This was followed
on November 2, 1975, by Whitlam making a speech
claiming that the CIA had been funding the National Country
Party.
Whitlam's foreign policy upset the CIA and the Australian
Security Intelligence Organization (ASIO). Whitlam became
convinced that the ASIO was plotting against him.
According to Frank Snepp, his boss, CIA officer Ted Shackley
began to plot Whitlam's removal. CIA officer Ray Cline and
CIA boss William Colby have both admitted that the leftwing government in Australia caused a crisis for the CIA. CIA
boss James Angleton claimed that Whitlam was a Soviet
agent.
On 8th November, 1975, Ted Shackley sent a message of
the ASIO, pointing out the dangers posed by Whitlam. Three
days later, Governor-General Sir John Kerr, dismissed
Whitlam
and
installed
Australian
Defense
Secretary Malcolm Fraser as caretaker Prime Minister until a
federal election could be held. On July 22, 1978,
the Director of Australian Federal Bureau of Narcotics
suspends his investigation into the Nugan Hand Bank after
pressure from the CIA and Australian politicians, particularly
Malcolm Fraser.
For some background into Australian politics, it is
interesting to note that in the summer of 1967, Australia's
Prime Minister Harold Holt, 59, allegedly drowned. He was
an experienced swimmer, a keen snorkeler and spear
fisherman. His body was never recovered and people
speculated that he was assassinated because he intended to
pull Australian troops out of Vietnam.

56

The Ruppert Murdoch's press now launched a massive

propaganda campaign against the Labour Party and
the National Country Partywon the new election. The
Shadow CIA gave Murdoch covert funds that saved his
nearly bankrupt newspaper.
http://educationforum.ipbhost.com/index.php?
showtopic=7532
In mid- 1974, New Zealand's Prime Minister Norman
Kirk had introduced a new, tough Anti-Monopoly Bill and
had tried to redistribute income from big companies to the
labor force through price regulation and a wages policy. He
had also rejected plans to build a second aluminum smelter
near Dunedin and was preparing the Petroleum Amendment
Bill to give more control over New Zealand oil resources.
Kirk found out that Hunt Petroleum, drilling in the Great
South Basin, had discovered a huge resource of oil
comparable in size to the North Sea or Alaskan North Slope.
Gas reserves alone now estimated at 30 times bigger
than Kapuni and oil reserves of at least 20 billion barrels enough for New Zealand to be self-sufficient for years. Oil
companies completely hushed up these facts. To have
announced a vast new oil source would probably mean a
decline in world oil prices, which would not have
allowed OPEC and Onassis plans for the Arabs to eventuate.
N.Z. could be exploited at a later date, particularly since the
North Sea operations were about to come on stream - Kirk
was the last to hold out.
------------------Getting back to the money laundering banking crap-o-la
- in 1976, the US Congress cut back on funding for CIA
covert operations, but the Shadow CIA is able to run covert
operations off the books until 1984, when funding is
57

legalized again.
Nugan Hand bank would be one of the many banks used
to transfer Marcos gold from the Philippines into the shadow
CIA's covert operations. Retired US Army Reserve Major
General George Olmsted, (the former head of OSS China
during World War II) was the head and owner of
International Bank a Washington DC bank holding. I could
not find out where he got the money to buy this bank. It is
possible he comes from a rich family. You tell me. This
banks holding company has some five or six sub-entities/big
businesses.
In 1948, Olmsted and Secretary of State Edward R.
Stettinius created International
Registries,
Inc. (IRI). After Stettinius died in 1950, ownership of IRI
passed to Olmsted's International Bank in Washington, DC.
IRI's shipping operations had previously been shifted to the
Republic of the Marshall Islands. Liberian International Ship
and Corporate Registry, is a contrivance that has masked
thousands of questionable shipping and intelligence
operations, banks, and corporations.
In
1959, George
Olmsted purchased Financial
General Corporation, the 7th largest bank holding
company in the country. Financial General Corporation was
a domestic bank holding company which held controlling
interests in 26 banks located in 7 states and the District of
Columbia.
In March
1973 Olmsted
had
the International
Bank (which "had a reputation as a CIA bank") buy 66
percent of the capital stock of the failing Mercantile Bank in
the Bahamas (Castle Bank's predecessor), even though
"International Bank's officers knew the actual state of
Mercantile's (bad) financial health."
A good way to launder money is thru a company that on
58

its books appears to be losing lots of money. Castle

Bank also did mysterious transactions with a Cayman
Islands firm, ID Corporation. ID Corp's sole owner, the
American Shig Katayama, became know as one of the key
facilitators of Lockheed Corp.'s huge payoffs to Japanese
politicians in return for airplane contracts. In the early
1950s, Katayama job was to handle narcotics for the U.S
intelligence work.
The Wall Street Journal investigative journalist, Jonathan
Kwitny, became convinced that the Nugan Hand Bank had
replaced the Castle Bank and Trust Company in Nassau, as
the CIA's covert banker, The bank, run by Paul Helliwell,
was
forced
to
close
after
the Internal
Revenue
Service discovered that he Castle Bank was laundering CIA
funds and drug profits.
(Source: The Crimes of Patriots and Endless Enemies by
Jonathan Kwitny)
Starting in 1977, International Bank started to sell its
stock in Financial General Bankshares (later known as First
American Bankshares a major American bank holding
company, (a bank that owns a whole lot of banks) to BCCI
front men, who later took over First American for BCCI.
In 1974 the Nugan Hand Bank got involved in helping
the CIA to take part in covert arms deals with contacts
within Angola. It was at this time that CIA officer Edwin
Wilson became involved with the bank. Two CIA agents
based in Indonesia, James Hawes and Robert Moore, called
on Wilson at his World Marine offices to discuss "an African
arms deal". Later, Bernie Houghton arrived from Sydney to
place an order for 10 million rounds of ammunition and
3,000 weapons including machine guns. The following year
Houghton asked Wilson to arrange for World Marine to
purchase a high-technology spy ship. This ship was then
sold to Iran.

59

An investigation by the Australia/New South Wales Joint

Task Force on Drug Trafficking discovered that the clients of
the Nugan Hand Bank included several people who had
criminal convictions relating to drug offences. According to
the records the bank was making $100,000 a year from tax
advice. In reality, it was receiving it for money
laundering. Michael
Hand
then
promptly
fled Australia under a false identity on a flight to Fiji in June
1980. Bernie Houghton also disappeared at this time and it
is believed both men eventually reached the United States.
The
Australian
government
asked
the
Royal
Commissioner D. G. Stewart to investigate the Nugan-Hand
Bank scandal. The Royal Commission report was published in
June, 1985. It stated that the "Nugan Hand Ltd. was at all
times insolvent... and flouted the provisions of the legislation
as it then stood in that large volumes of currency were
moved in and out of Australia.
Accuracy in Media ( a right-wing organization) defended
the Nugan-Hand Bank claiming it was really an honest but
hard-luck banking organization that had been maligned by
an anti-military press.
As the Australian government's investigation started look
closely, the shadow CIA moved its money to Iran and into a
bank in Hawaii. In Iran, Armitage the was the person in
charge of funds from the Vang Pao opium money for
Shackley and Clines' planned "Secret Team" ( or shadow
CIA), between May and August of 1975, set up a secret
financial conduit inside Iran, into which secret Vang Pao drug
funds could be deposited from Southeast Asia. The purpose
of this conduit was to serve as the vehicle for secret funding
by Shackley's "Secret Team," of a private, non-CIA
authorized "Black" operations inside Iran.
The Nugan Hand Bank was closed in January
1980 within several days of the unsolved murder or suicide
60

of Frank Nugan. The reasons for his murder have never been
identified, but during that time, the operation was at risk of
being exposed. Nugan Hand bank than it shifted
operations
to Household
Bank in
Chicago,
Illinois
and Bishop,
Baldwin,
Rewald,
Dillingham
&
Wong (BBRDW - bank) in Honolulu, and than to Bank of
Credit and Commerce International (BCCI).
Ronald Rewald provided author Rodney Stich with a
large amount of information about the CIA's money
laundering bank, Bishop, Baldwin, Rewald, Dillingham &
Wong (BBRDW - bank) in Honolulu. By the end of 1980,
BBRDW began setting up offices in Hong Kong, Taiwan,
Indonesia, Singapore, and Australia, all former Nugan Hand
Bank locations, staffing the offices with over 30 CIA
officers. The CIA used BBRDW as an international
investment company cover, with 120 employees staffing
offices in sixteen countries, including Hong Kong, India,
Indonesia, Taiwan, New Zealand, Singapore, London, Paris,
Stockholm, Brazil and Chile. CIA personnel opened and
operated these far-flung offices. BBRDW was involved
heavily in funding covert CIA programs throughout Asia,
including economic espionage against Japan, providing arms
for Afghan mujaheddin guerrillas in their war against the
Soviets and covertly supplying weapons to Taiwan.
Rewald told Rodney Stich that he had recorded a list of
high-level people with secret CIA-funded bank accounts and
the covert aliasesused on the bank accounts were in
financial institutions in Hong Kong, Switzerland, and the
Caymans. Here is the list of names:
Covert
aliases:
names: ___________________________________
Irwin M. Peach
Mr. Bramble
Commander Quinstar

Real

George HW Bush
George HW Bush
General Hunter Harris, Jr.,
61

USAF, (CINCPACAF)
Mr. Apan
Robert W. Jinks
Mr. Grey
Robert Allen
Farrah Fawn
Jackie Vos
General
Shake
Gen.
Arnold
Braswell
(CINCPACAF), Hawaii
Mr. Branch
Richard Armitage (was U.S.
Assistant Secretary of Defense)
Mr. Denile
William Casey (was Director of
the CIA)
Slimey Affirm
Stanley Sporkin (legal counsel
for CIA, and then a federal judge)
Captain Perjury
Ned Avary
Attorney Doright
Robert Smith
B.K.
Kim
Philippine President
Ferdinand and Imelda Marcos
General Hunter Harris called President George HW
Bush to alert him that the cover on BBRDW had been
blown, and wanted instructions as to how to proceed. CIA
Director William Casey, then called Robert W. Jinks, and
told him to work with Robert Allen. Jinks was then ordered
to proceed to Texas to get bank account numbers and then
go to the Cayman Islands where the subsidiary Texas bank
accounts were located.
Rewald's notes indicated that
someone from CIA headquarters at Langley or an associate
of Robert Allen, eventually went to the Cayman Islands and
moved BBRDW funds to another offshore country. Robert
Smith learned that a General in Texas was to give Robert
Jinks bank account information and that he, Robert
Smith, was to go to the Cayman Island to retrieve the
hidden money. Similar efforts were being taken to remove
funds from BBRDW and subsidiary accounts in Hong Kong
and Switzerland.
Rewald wrote in his notes that he had met President
George Bush twice in Hawaii, and had been invited to meet
with the president in Washington for lunch or dinner. CIA
62

allowed the firm to collapse in 1983. Isn't that interesting,

Five Star Trust starts up just as BBRDW shuts down, just like
Nugan Hand Bank shut down and BBRDW started up.
[Drugging America the Trogan Horse by Rodney Stich)
http://www.pbsblog.com/pdf/EDrugging_America_part.pdf

63