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Response to msanthrope (Reply #107)

Sat Jan 10, 2015, 01:08 PM

159. He doesn't get to tell his side of the story in a court of law.

There's a lot to learn:



Questions Linger About Bushes and BCCI

Analysis by Lucy Komisar
Inter Press Service (IPS) – April 4, 2007

EXCERPT...

The CIA used BCCI Islamabad and other branches in Pakistan to funnel some of the two billion dollars that Washington sent to Osama bin Laden’s Mujahadeen to help fight the Soviets in Afghanistan. It moved the cash the Pakistani military and government officials skimmed from U.S. aid to the Mujahadeen. It also moved money as required by the Saudi intelligence services.

The BCCI operation gave Osama bin Laden an education in offshore black finance that he would put to use when he organised the jihad against the United States. He would move money through the Al-Taqwa Bank, operating in offshore Nassau and Switzerland with two Osama siblings as shareholders.

SNIP...

Kickbacks from 15 percent commissions on BNL-sponsored loans were channeled into bank accounts held for Iraqi leaders via BCCI offices in the Caymans as well as in offshore Luxembourg and Switzerland. BNL was a client of Kissinger Associates, and Henry Kissinger was on the bank’s international advisory board, along with Brent Scowcroft, who would become George Bush Sr.’s national security advisor. That connection makes the Bush administration’s surprise and indignation at “oil for food” payoffs in Iraq seem disingenuous.

Important Saudis were influential in the bank. Sheik Kamal Adham, brother-in-law of the late Saudi King Faisal, head of Saudi intelligence from 1963 to 1979, and the CIA’s liaison in the area, became one of BCCI’s largest shareholders. George Bush Sr. knew Adham from his time running the CIA in 1975.

Another investor was Prince Turki bin Faisal al-Saud, who succeeded Adham as Saudi intelligence chief. The family of Khalid Salem bin Mahfouz, owner of the National Commercial Bank, the largest bank in Saudi Arabia, banker to King Fahd and other members of the ruling family, bought 20 to 30 percent of the stock for nearly one billion dollars. Bin Mahfouz (shown here) was put on the board of directors.

SNIP...

The Bushes’ private links to the bank passed to Bin Mahfouz through Texas businessman James R. Bath, who invested money in the United States on behalf of the Saudi. In 1976, when Bush was the head of the CIA, the agency sold some of the planes of Air America, a secret “proprietary” airline it used during the Vietnam War, to Skyway, a company owned by Bath and Bin Mahfouz. Bath then helped finance George W. Bush’s oil company, Arbusto Energy Inc., in 1979 and 1980. - See more at: http://www.thekomisarscoop.com/2007/04/questions-linger-about-bushes-and-bcci/#sthash.8poseGth.dpuf

CONTINUED...

http://www.thekomisarscoop.com/2007/04/questions-linger-about-bushes-and-bcci/



So, there's that and the rest from the Dead Men Don't Tell Tales Department of Just-Us.

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