Posts Tagged ‘Guyana’

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 (more…)


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President David Arthur Granger of Guyana addresses attendees during the 70th session of the United Nations General Assembly at the U.N. Headquarters in New York, September 29, 2015.President David Arthur Granger of Guyana. Carlo Allegri / Reuters

Guyana Strikes Oil
What the Windfall Means for the Country—and the Region
By Raúl Gallegos, Foreign Affairs, 02-02-2017

Nearly 40 years ago, tragedy struck Guyana when [Jim Jones got] nearly 1,000 of his followers [in Jonestown to get killed while the story got sold as] hole up in their socialist commune and commit mass suicide by drinking cyanide-laced Kool-Aid. The “Jonestown” massacre earned top billing in the news. On its cover, Time magazine ran a photo of dead bodies strewn next to a vat filled with the poisoned drink.

Guyana now faces another threat […] on a much larger scale. The tiny South American country of roughly 800,000 people recently discovered a massive amount of oil in its territorial waters. (Venezuela also claims that territory.) The U.S. energy giant ExxonMobil, which made the discovery, suggests the (more…)

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