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Related imageThe Jonestown Banks
by John Judge, 1982

The assets of Jim Jones’ People’s Temple have yet to be fully accounted, but early research in the press and by independent investigators put the total between $26 million and $2 billion. Following the money leads down a twisted trail of international banks, dummy fronts, real estate investments and conflicting government reports. Various sources estimate a total of at least $17-$20 million in foreign investments, and property worth $2.5 million that passed through deed, sale and ownership from 1976 to 1979. Some $12 million dollars was deposited in mysterious accounts in Panama.

During the recent scandal involving the Vatican Bank, Bank Ambrosiana and deceased Italian financier Roberto Calvi, information surfaced indicating that some of the siphoned millions went to Panamanian Continue Reading »

Image result for debt crisisTHE VALLEY OF THE SHADOW OF DEBT
By Carolyn Baker, 2006

Never before have political leaders urged such large-scale indebtedness on American consumers to rally the economy. — Kevin Phillips, in American Theocracy: The Peril and Politics Of Radical Religion, Oil, and Borrowed Money In The Twenty-First Century

In a recent conversation with a friend, a married mother of three, she anxiously confided that although she has never been scared about money in her entire adult life, she now, in her mid-forties, finds herself feeling terrified. “Sometimes I wonder,” she said tentatively, “if it’s our own fault or if it’s the world we now live in. I’ve never worked harder in my life, but I’ve never found myself and my family falling so far behind financially.”

[Many] are no doubt hearing similar anguish issuing from the mouths of friends and family, and in all likelihood, thinking similar thoughts, but they know that the frightening quagmire of debt in which Continue Reading »

Image result for michael handCIA Heroin Money Launderer Michael Hand Reportedly Alive and Living in Idaho
Constantine Report, 2015

Nugan Hand bank mystery: Michael Hand found living in the United States

One of Australia’s most wanted fugitives, Michael Hand, the co-founder of the Sydney-based international merchant bank Nugan Hand, has been found alive and well and living in small-town America. He vanished in 1980 amid rumours of CIA and organised crime involvement in the bank as the United States attempted to back anti-communist governments and anti-communist insurgents at the height of the Cold War.

Continue Reading »

Image result for nugan hand bankMore CIA Treachery: Nugan Hand Bank Ltd
By Elias Alias, 2015

This latest version of the selected excerpts from Alfred McCoy’s masterpiece on the CIA’s dope dealing escapades is more complete than previous postings. I have typed in passages from pages 461-472 in Alfred W. McCoy’s bombshell book, “The Politics of Heroin: CIA Complicity In The Drug Trade“, (1991; first edition 1972.)

At 4:00 a.m. on January 27, 1980, a state police officer patrolling a country road west of Sydney, Australia, noticed a late-model Mercedes sedan parked by the side of the road and stopped to examine it. Inside the constable found the body of a middle-aged male slumped forward, still holding the rifle he had apparently used […] Searching his wallet, the police found personal identification for one Frank Nugan, a merchant banker of Sydney, and a calling card from one William Colby, a New York lawyer who had recently retired as director of the U.S. Central Intelligence Agency.

The circumstances of Nugan’s [death] and the bank’s spectacular collapse only six months later have inspired hundreds of press probes, three major Australian government investigations, and a lengthy Continue Reading »

Image result for nugan – australiaNugan Hand Bank
By John Simkin, 1997 (updated 2014)

In 1973 Frank Nugan, an Australian lawyer, and Michael Hand, a former CIA contract operative, established the Nugan Hand Bank. Another key figure in this venture was Bernie Houghton, who was closely connected to CIA officials, Ted Shackley and Thomas G. Clines.

Nugan ran operations in Sydney whereas Hand established a branch in Hong Kong. This enabled Australian depositors to access a money-laundering facility for illegal transfers of Australian money to Hong Kong. According to Alfred W. McCoy, the “Hand-Houghton partnership led the bank’s international division into new fields – drug finance, arms trading, and support work for CIA covert operations.” Hand Continue Reading »

Nugan at Hand

Image result for pine gap – australiaNUGAN HAND, THE CIA, AND AUSTRALIA
Project Censored, 2015

An American spy story with more intrigue than James Bond’s best has been unraveling in Australia since 1975 but yet has to grab the attention of our press. While the story is more complex than the proverbial can of worms, it involves:

— CIA involvement in the overthrow of an Australian Prime Minister, Gough Whitlam, representative of the Labor Party;

— Pine Gap, a U.S. satellite and communications base in Australia, said to be our single most important installation for monitoring the Soviet Union and Asia’; Prime Minister Whitlam was trying to shut Pine Gap down when he was ousted; Continue Reading »

Image result for nigeria tanksNigeria: Armsgate – How Dasuki Paid Friends N5.6 Billion for 22 Tanks
Daily Trust (Abuja), by John Chuks Azu, 8 March 2017

A prosecution witness yesterday narrated how former National Security Adviser (NSA), retired Col. Sambo Dasuki, paid N5.6billion to companies owned by his friends to purchase 22 military tanks.

The witness, Hassan Saidu, an operative of the Economic and Financial Crimes Commission (EFCC), was testifying in the trial of Col. Nicholas Ashinze, a former aide to Dasuki; Wolfgang Reinl, the General Manager of Geonel Integrated Services Ltd, Barrister Edidiong Ediong and Sagir Mohammed.

Other companies arraigned are: Unity Continental Nigeria Ltd, Helpline Organisation, Vibrant Resources Ltd and Sologic Integrated Services Ltd. EFCC claimed that younger brother to the former NSA, Abubakar Ibrahim Dasuki, retired Col. Bello Fadile and Bello Abayomi are still at large. Continue Reading »