Inside story: the Bush gang and Barrick Gold Corporation

The real history of Barrick Gold


by Anton Chaitkin

Barrick Gold, caught scrambling for loot amid the corpses in Zaire, is a corporate front for the George Bush-allied covert political apparatus. The Canada-based Barrick is Bush's only known current business enterprise. The company, which Bush now personally leads, was created by Bush's political partners--British elite narcotics financiers, and arms traffickers and money launderers.
Using the influence of this political faction, Barrick acquired important interests, first in the United States, then in Canada and South America. In South America, as Barrick boasts in its 1995 annual report, the company has an aggressive, long-term approach, with mines and projects established in strategic locations in Argentina, Chile, Peru, Bolivia, and Brazil. ``Almost two-thirds of the exploration and development drilling budget will be spent in South America, where the company has decided to focus its efforts,'' the annual report states. In addition, with its intended conquests in Indonesia and Africa, the firm now says it aims to move from third to first among the world's largest gold mining companies.
We present here the results of {EIR'}s investigation of the Bush company, centering on the following principal figures:

George Herbert Walker Bush:
whose father was a partner in the powerful London-controlled private banking firm Brown Brothers Harriman. Relevant to the Barrick story, Bush was U.S. vice president and chief of covert operations in the Reagan-Bush (1981-89) administration, and U.S. President (1989-93). As a former President and power broker, Bush is Barrick Gold Corp.'s chief lobbyist, a stockholder in Barrick, and honorary senior adviser to Barrick's international advisory board.


Adnan Khashoggi:
a Bush-allied Saudi billionaire and arms trafficker, founder of the Barrick Gold Corp.; famous for his illegal weapons sales to Iran.


Peter Munk:
a business failure who became a protege of the British royal family, and Khashoggi's partner. Munk is chairman of Barrick Gold Corp.

Brian Mulroney:
Canadian prime minister (1984-93) and George Bush's errand boy; Barrick Gold lobbyist and director, Bush's lieutenant on the Barrick international advisory board.

Barrick Gold was founded in Toronto, Canada, in 1983. The majority investment in the firm was held by Khashoggi and his arms-trafficking partners, who were just then gearing up the Iran-Israel-Nicaragua guns and cocaine tangle which would explode in 1986 as the ``Iran-Contra'' scandal.



The nominal chief of Barrick Gold was Peter Munk, a Hungarian Jewish immigrant who had repeatedly ``died'' as a businessman, only to be repeatedly revived by princes and principalities. This much of Munk's story is before the public in a biography that was written and published with Munk's support, entitled {Peter Munk: The Making of a Modern Tycoon,} by Donald Rumball (Toronto: Stoddart Publishing Co., 1996). It vaguely describes Munk's public disgrace, his self-exile in London, and his sudden rise to near-billionaire status, ending with Munk's invitation to George Bush became honorary senior adviser to the board, created in May 1995.

- The Clairtone heist -
Peter Munk first became notorious in Canada in the late 1960s, as the beneficiary in an insider trading scandal. Munk and a partner named David Gilmour owned an audio equipment manufacturing company that had been heavily subsidized by the province of Nova Scotia. Munk and Gilmour quietly dumped 29,000 shares of Clairtone stock in 1967, just before publication of the company's financial report tipped off other investors that the company was failing. After Munk sold at $9 per share, the stock plunged to $1.
Dr. Morton Shulman, a member of the legislative assembly of the province of Ontario, asked government representatives if Munk would escape with his money and no legal consequences (see Ontario Legislative Library record of Ontario provincial parliamentary debate on June 3, 1969).
Ontario Minister of Financial and Commercial Affairs H.L. Rowntree responded that a court had been requested to order the Ontario Securities Commission ``to commence an action in connection with [Munk's] Clairtone Sound Company ... for an action in the name of the company for the accounting of profits allegedly made by him by reason of the improper use of inside information.''

Khashoggi, Barrick, and the ayatollahs -
In 1974, Munk signed an investment partnership agreement with arms-trafficking billionaire Adnan Khashoggi of Saudi Arabia. According to Munk's approved biography, the new alliance was cemented when Munk and Khashoggi were summoned to the London headquarters of Peninsular and Orient. P&O's hereditary boss was Lord Inchcape, whose predecessor in the 1920s (also Lord Inchcape) had directed Britain's India Commission to continue the Empire's opium production.

Khashoggi used the Monte Carlo office of the Bank of Credit and Commerce International to launder money for Iran arms sales. Barrick Gold Corp. co-founder Kamal Adham was later prosecuted for fraud in the BCCI case, and paid a $100 million fine



As the U.S. Congress took up the arms-for-drugs investigation and other trails leading to Vice President Bush, Khashoggi became too hot for the Canadian partnership, and the Khashoggi group's shares were officially sold off. Khashoggi was himself arrested in 1989, in a fraud case involving the Philippines' Marcos regime. Taken from Switzerland and jailed in New York, Khashoggi was bailed out with a $4 million check from his partner, Peter Munk
.
In 1983, the Khashoggi-led group formed the gold company whose name was soon changed to Barrick Gold Corp. Sheik Kamal Adham was reportedly one of the new company's founding co-owners. Adham, the chief of Saudi intelligence, had coordinated royalist guerrillas in Yemen, with British arms secretly provided through Khashoggi.

Beginning in 1985, Khashoggi borrowed $21 million, using his Barrick stock as collateral, for the covert transfer of arms to Iran for the Bush-North group, during an official U.S. arms embargo against the Khomeini regime. Khashoggi made Donald Fraser, the Toronto-based businessman who allegedly provided the loan from his Cayman Islands company, president of Khashoggi's Triad American holding company.


- Bush cashes his gold chips -
In 1986-87, at the height of the Iran-Contra controversy, the Barrick Gold Corp. acquired the Goldstrike property in Nevada for $63 million. The land, proving to hold $10 billion in gold, was the property of the U.S. government. Bush was elected President in 1988, and his administration put through a special dispensation--applied only to the Barrick Gold Corp.--to speed up the normal procedures for a mining company to take official title (``patent'') to the land.
With the Bush Goldstrike intervention, Barrick Gold shot up from insignificance, to world power status, and Bush himself climbed onboard.

In 1994, Mulroney's phone calls to the Presidents of Chile and Argentina, and the prime minister of China, helped Barrick move into gold mines in those nations. His ``advice'' was rewarded with $1.2 million in stock options and $300,000 in fees. Rev. Sun Myung Moon rewarded Mulroney and Bush for their vouching for him in Ibero-America in November 1996. Mulroney, a board member of Archer Daniels Midland, ran ADM's internal ``investigation'' of its price-fixing scandal.

Rev. Sun Myung Moon was a Korean religious leader best known as the founder of the Unification Church and for his claim that he was a messiah.[1] He was also known as a media mogul and an anti-communist activist. By the time of his death, the Unification Church's affiliated organizations had become a multi-billion-dollar empire



etc, etc...
dont forget about Gustavo Cisnero,a Venezuelan media mogul . He is among the world's richest men according to Forbes magazine, which estimated his fortune at $4.2 billion in 2010. The New York Times calls Cisneros, "one of Latin America’s most powerful figures"who tried a coup-d'etat against the president Chavez is part of the Barrick organization as well .

click here http://www.barrick.com/investors/news/news-details/2003/BarrickAppointsGustavoCisnerostoBoardofDirectors1020031037230/default.aspx



Estos son los personajes tenebrosos duenos de la Barrick Gold. Para muestras un boton.
Los politicos nuestros ignorantes tienen que pelear contra ellos.

Usted siendo inteligente, saque sus propias conclusiones..