Nexus - 1006 - New Times Magazine-pages

Page Content (OCR)

deposition given by Rolf van Rooyen to German police in 1995, Rumsfeld and Wolfowitz and to others on the Defense Policy following his detention and questioning. At that time, he admitted Board, which he chaired. to being "involved" with a Jean Ruiz, of Saudi Finance.* A recent story by legendary investigative reporter Sy Hersh Saudi Finance (Saudifin), headquartered in Geneva, owned a revealed that Perle had furtively met with a leading Saudi investor controlling interest in Banque Al Saoudi via the Paris-based hold- in Marseille, France, on 3 January 2081 ing company, Saudi Arab Finance Corporation. Banque Al 03, in what was seen as an attempt to gain private financial Saoudi was, according to a 1999 PBS Online Frontline story, one advantage from the planned war on Iraq. A furious Perle respond- of the principal international financing vehicles for the bin Laden ed to the report by calling Hersh a "terrorist". The meeting was family. Interestingly, in 1989—in the early stages of Project arranged on Perle's behalf by none other than Adnan Khashoggi Hammer's timeline—Banque Al Saoudi would have collapsed in (whom we mentioned earlier). Khashoggi also attended the meet- bankruptcy had it not been for the timely intervention of the ing. French central bank, the Banque de France, which shored it up Khashoggi, a trusted adviser to the Saudi royal family, is one of rior to a partial takeover by none other than Banque Indosuez, the "high net worth individuals" whose past investments have which decided to change its name to Banque Frangaise pour been handled by Mayo Shattuck, formerly head of Alex. Brown ‘Orient. A year later, the bank merged with the Mediterranée (also mentioned earlier). It is of passing interest that Saudi Prince Group. Of note is the fact that a subsidiary, Saudifin SA, was Alwaleed bin Talal bin Abdulaziz took a 10% stake in Citigroup active in Panama until 1997, when it was dissolved. (also mentioned earlier) back in 1991, following a cash "infusion" Moreover, the Frontline story revealed that both Banque Al of US$400 million, which was eclipsed from view by The Carlyle Saoudi and Banque Indosuez were "instrumental" in financing a Group which acted as the facilitator for the investment. ortion of Middle East weapons con- In 1997, Mayo Shattuck was made tracts during the 1970s and 1980s. Trustee of the Bronfman (also men- Meanwhile, those who are familiar tioned earlier) family fortune. He with the story of black gold will recall resigned as CEO of Deutsche Banc that Dr Ole Bay was the controller on Alex. Brown on 12 September 2001, ehalf of the CIA and US Treasury in lf one had to choose a word the day following the tragic events in the YAB/42 bullion transaction that to describe these apparently New York City and Washington, DC— involved then President Marcos of the the day that has come to be known as Philippines. This transaction was diverse connections, "9-1 1"° structured to use cut-outs including On 13 September 2001, news reports Navegocian Global SA and DuPont, that word would surely began circulating of suspicious stock along with other CIA conduits, to have to be incestuous’. market transactions that suggested make it ostensibly a private, non- prior knowledge of the events that government transaction. were to take place on 9-11. Short sales The transaction code YAB/42 is of airline and insurance stocks that also instructive. Not only does "YAB" sharply fell in price in the wake of the spelled backwards yield the name 9-11 tragedy were later traced back to "BAY" but, altogether, 42 "major trusts were tapped to help fund" Alex. Brown. oo the deal. Coincidentally, 42 is also the number of countries in which Santa Romana gold was deposited in the immediate Author's Note: ost-WWII years to form the Black Eagle fund, discussed Documents and other exhibits in support of this story are earlier.® available on my website, http://www.deepblacklies.co.uk, One of the more salient facts about the Puffin Investments where they can be downloaded by interested readers. fiasco is that Alan Shepherd's American wife, Sherry, is the daughter of Dr Ole Bay. Dr Bay is known to have been the = About the Author: "Master Wizard" who arranged and ran the Project Hammer David Guyatt spent 28 years as an investment banker in the trading programme. According to one former intelligence source City of London. His last position was as a divisional Treasurer familiar with the inner workings of Project Hammer, Dr Bay had _ of a major international bank. David now pursues a career in told him that the ultimate responsibility for Hammer lay with the journalism, writing for a variety of media and researching and CIA and the US Treasury, and that Robert Rubin—who later producing factual material on a wide range of associated sub- ecame US Treasury Secretary—acted as Dr Bay's "gofer" on the jects. This is his 10th article for NEXUS, the most recent pub- project. Robert Rubin is now a director and Chairman of the lished in 9/01-9/02 ("Project Hammer" parts 1 and 2). Executive Committee of Citigroup. In addition to his feature writing, David has prepared back- If one had to choose a word to describe these apparently diverse ground papers on Anti-Personnel Electromagnetic Weapons for connections, that word would surely have to be "incestuous". the International Committee of the Red Cross (ICRC), was a Currently, Li Ka-shing (whom we mentioned earlier) is bidding contributing member of ICRC s SIrUS Project that sought to to purchase control of the global communication network giant, define criteria for judging “abhorrent weapons and has written Global Crossing (which was also mentioned earlier), via a joint for the World Development Movement on his "insider's knowl- venture of Ka-shing's Hutchison Whampoa and Singapore edge" of international weapons financing. He has been a con- Technologies Telemedia. Representing Ka-Shing's bid to take sultant on Swiss and UK TV documentaries, exposing the threat control of Global Crossing was the powerful neo-conservative of non-lethal weapons and Britain s weapons trail to Indonesia. . - . - - af He assisted the US-based law firm Easton & Levy in its lawsuit attorney, Richard Perle, who sought a nod of approval from the against the Vatican for the restitution of the Nazi Croatian Pentagon for the deal. Perle, who is one of the present Bush Administration "think-masters", is close to Bush Senior, Cheney, Continued on page 75 to describe these apparently diverse connections, that word would surely have to be "incestuous". Alex. Brown. Author's Note: Documents and other exhibits in support of this story are available on my website, http://www.deepblacklies.co.uk, where they can be downloaded by interested readers. About the Author: David Guyatt spent 28 years as an investment banker in the City of London. His last position was as a divisional Treasurer of a major international bank. David now pursues a career in journalism, writing for a variety of media and researching and producing factual material on a wide range of associated sub- jects. This is his 10th article for NEXUS, the most recent pub- lished in 9/01-9/02 ("Project Hammer" parts 1 and 2). In addition to his feature writing, David has prepared back- ground papers on Anti-Personnel Electromagnetic Weapons for the International Committee of the Red Cross (ICRC), was a contributing member of ICRC's SIrUS Project that sought to define criteria for judging "abhorrent weapons", and has written for the World Development Movement on his "insider's knowl- edge" of international weapons financing. He has been a con- sultant on Swiss and UK TV documentaries, exposing the threat of non-lethal weapons and Britain's weapons trail to Indonesia. He assisted the US-based law firm Easton & Levy in its lawsuit against the Vatican for the restitution of the Nazi Croatian Continued on page 75 36 = NEXUS lf one had to choose a word www.nexusmagazine.com OCTOBER — NOVEMBER 2003