Questions linger about the Bushes and BCCI

[katty]

more: http://ipsnews.net/news.asp?idnews=37212

FINANCE:
Questions Linger About Bushes and BCCI
Analysis by Lucy Komisar*

NEW YORK, Apr 4 (IPS) - Now that the U.S. Congress is investigating the truth of President George W. Bush's statements about the Iraq war, they might look into one of his most startling assertions: that there was a link between Saddam Hussein and Osama bin Laden.

Critics dismissed that as an invention. They were wrong. There was a link, but not the one Bush was selling. The link between Hussein and Bin Laden was their banker, BCCI. But the link went beyond the dictator and the jihadist -- it passed through Saudi Arabia and stretched all the way to George W. Bush and his father.

BCCI was the Bank of Credit and Commerce International, a dirty offshore bank that then-president Ronald Reagan's Central Intelligence Agency used to run guns to Hussein, finance Osama bin Laden, move money in the illegal Iran-Contra operation and carry out other "agency" black ops. The Bushes also benefited privately; one of the bank's largest Saudi investors helped bail out George W. Bush's troubled oil investments.

BCCI was founded in 1972 by a Pakistani banker, Agha Hasan Abedi, with the support of Sheik Zayed bin Sultan al Nahyan, ruler of Abu Dhabi and head of the United Arab Emirates. Its corporate strategy was money laundering. It became the banker for drug and arms traffickers, corrupt officials, financial fraudsters, dictators and terrorists.

[ninkasi]

1. More and more information about the corruption

of the Bush family is finally seeing the light of day. So much is happening that it's hard to keep track of the scandals. K&R

[SharonAnn]

8. And some Democrats were involved in defending the BCCI case.

I believe it was Warren Christopher and the man who was the husband of TV's "Wonder Woman".

Unfortunately, it's been so long ago that I don't remember the details.

I think Warren Christopher was the attorney defending either BCCI or some executive there.

[katty]

13. yes, they are, it has taken practically a century to expose them

[redqueen]

2. SOMEONE in the Senate needs to revisit that issue.

Doubt anyone has the gumption, though.

[katty]

3. no gumption,,,i've read about BCCI for over a decade

[soothsayer]

4. ask danny casolaro how investigating BCCI turns out.

[katty]

5. i know, I hear you!

[Parisle]

10. Yeah,...exactly. Casolero was on to them....

--- The common element between Bush, bin Laden and BCCI is a guy named Khalid bin Mahfouz. Probably the best source material article on the scandal appeared (believe it or not) in the Free Republic. (This was before Bush even was governor, so they weren't cutting him any slack) The article is stunning, and it can be viewed at www.freerepublic.com/forum/a37f1ce197112.htm .......... I strongly recommend taking a look at it. It fills in a lot of the gaps and voids...

[katty]

12. it is an incredible story, indeed

[kitticup]

6. John Kerry exposed the BCCI

at considerable expense to himself. In fact, I believe that he went to That investigation made him a outsider in DC even among democrats. Instead of being celebrating his bravery in going ater Iran COntra and BCCI, Kerry get blasted by the many on the left, while folks with empty rhetoric but great bravado are cheered on. No ambitious politician has a reason to tackle BCCI because it will not be appreciated by anyone, since most peole only seem to care about bravado and empty rhetoric.

You can google kerry and bcci to learn more. Here's a link to one article: http://www.commondreams.org/views04/0820-04.htm

By the way, Kerry was speaking out against BCCI as late as December 2004. I believe he gave testimony to help out BCCI's creditors. http://observer.guardian.co.uk/business/story/0,6903,1376750,00.html

[SharonAnn]

9. Even Democrats were involved with BCCI so they're not supportive of his investigation.

[redqueen]

11. Yes he did...

I didn't know about the 2004 testimony, though... thanks! :hi:

[rman]

7. Lucy Komisar has Very Interesting things to tell about off-shore banking

much more then just BCCI - even though the BCCI case is quite big in its own right.

http://www.spitfirelist.com/f458.html


on edit:
http://en.wikipedia.org/wiki/Lucy_Komisar
...
She exposed the secret 1976 meeting in Santiago at which Henry Kissinger told Augusto Pinochet to ignore the criticisms Kissinger had been pressured to make publicly regarding Pinochet's violations of human rights.

She wrote about Gladio, the secret American funding of a rightist paramilitary in Europe after World War II (Turkey's Terrorists: A CIA Legacy Lives On) - The Progressive, April 1997.
...