THE BCCI TRIAL. A good reason to be thrilled about John Kerry in 2004!

[frank frankly]

Who has the nerve and temerity and resources to go after Kissinger Associates and the Bank of England, perhaps the most powerful and evil cabals on our planet?

John Kerry.

For anybody who believes in social justice of any variety, you must know that the BCCI criminals are the plutocrat elite who are holding the rest of us down. These are not progressive fellows. They don't give a fuck about the environment and they want their SLAVES back. They want us to shut the hell up and be serfs while they go on Big Game hunts at the Yacht Club.

These are the ones to keep in your sights. Think of those old rich bastards in that movie Trading Places, mix in some Wolfowitz/Rummy, add some Deep South Plantation owner, remember that they INVENTED the money we still use, and then you give them a guy like Kissinger to do the legwork.

These guys, like the BFEE, are the problem. They gotta go and I think JK may send them packing.

Thanks in advance to the informative posts that are sure to follow.

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http://www.fas.org/irp/congress/1992_rpt/bcci /

The BCCI Affair
A Report to the Committee on Foreign Relations
United States Senate
by
Senator John Kerry and Senator Hank Brown
December 1992
102d Congress 2d Session Senate Print 102-140

<snip>

One year following the closure of BCCI, federal investigators in the U.S. were still in the process of microfilming BCCI documents from Miami, and liquidators for BCCI in the United Kingdon had indexed 1600 boxes containing approximately 2.4 million separate BCCI documents -- approximately 2.5 percent of the total of BCCI's documents in the United Kingdom.(3)

Adding to the inherent problem of investigating the largest case of organized crime in history, spanning over some 72 nations, has been the destruction of documents at BCCI and its affiliates by shredding and arson; document backdating and falsification; the removal of most key documents from London to Abu Dhabi in 1990; the refusal of authorities in the United Kingdom and in the Grand Caymans to share information with Congress and other U.S. investigators as a consequence of their interpretation of local bank confidentiality and privacy laws; the inability to question Abedi due to his stroke, the inability to question BCCI's other key officials due to their incarceration and segregation in Abu Dhabi by Abu Dhabi officialdom since July 5, 1991, and BCCI's haphazard method of record-keeping.

Regardless of what might be shown in the missing material, the remainder is more than adequate to document BCCI's criminality, including fraud by BCCI and BCCI customers involving billions of dollars; money laundering in Europe, Africa, Asia, and the America; BCCI's bribery of officials in most of those locations; its support of terrorism, arms trafficking, and the sale of nuclear technologies; its management of prostitution; its commission and facilitation of income tax evasion, smuggling, and illegal immigration; its illicit purchases of banks and real estate; and a panoply of financial crimes limited only by the imagination of its officers and customers.

Among BCCI's principal mechanisms for committing crimes were shell corporations, bank confidentiality and secrecy havens, layering of corporate structure, front-men and nominees, back-to-back financial documentation among BCCI controlled entities, kick-backs and bribes, intimidation of witnesses, and retention of well-placed insiders to discourage governmental action.

[saltara]

1. it's not just the PNAC/neocon crowd, however

Section 11 of the report, BCCI, The CIA and Foreign Intelligence, makes for illuminating reading despite the wall of secrecy which the committee hit in trying to investigate CIA connections to the arms and drugs-dealing BCCI network.

I urge all Richard Clarke cheerleaders to read this section of the report and reflect upon these remarks by Clarke to the 9/11 Commission:

"And there is something else that I think we need to understand about the CIA's covert action capabilities.

For many years, they were roundly criticized by the Congress and the media for various covert actions that they carried out at the request of people like me and the White House - not me, but people like me. And many CIA senior managers were dragged up into this room and others and berated for failed covert action activities, and they became great political footballs.
...
Robert Gates, when he was deputy director of CIA, and when he was director of CIA, and when he was deputy national security adviser, Robert Gates repeatedly taught the lesson that covert action isn't worth doing. It's too risky....

Now, George Tenet says they're not risk-averse, and I'm sure he knows better than I do.

But from the outset, working with the D.O. over the course of the last 20 years, it certainly looks to me as though they were risk-averse, but they had every reason to be risk-averse, because the Congress, the media, had taught them that the use of covert action would likely blow up in their face."

http://www.cnn.com/TRANSCRIPTS/0403/24/bn.00.html

The Kerry committee report on the BCCI does not support Clarke's unbelievable portrait of the CIA's as "risk-averse" and falling down on the job when it comes to "covert action" - because they were handcuffed by the big bad media and "dragged" into congressional committee rooms "like this one." It points toward secrecy surrounding the CIA's knowledge of and possible involvement with the dangerous BCCI global terrorist network.