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 Internationa
l
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..
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