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September 11 Commission Report - Gnostic Liberation Front

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e involved in these probable illegal gold movements are linked to a single gold<br />

company: Barrick. These names are not linked as a group to any other gold company.<br />

These individuals, along with Shiek Kamal Adham, (the former head of the Saudi<br />

intelligence agency and a regular business partner of Khashoggi) have been widely<br />

reported as involved (but not convicted) in money laundering schemes and illegal gold<br />

movements:<br />

• George HW Bush: the Iran-Contra scandal, the Marcos gold;<br />

• Adnan Khashoggi: the BCCI-Vatican Bank money laundering scandal, Iran-Contra,<br />

MJK securities fraud, and the US savings and loans bankruptcies, the Sand casino<br />

bankruptcy, and the Marcos gold;<br />

• Shiek Kamal Adham: the BCCI-Vatican Bank scandal, Iran-Contra; and<br />

• Edgar Bronfman: Harris Bank and Household Bank money laundering, the Nazi gold<br />

hoards, as well as the family history in Canada of bootleg alcohol smuggling.<br />

If four suspected money-launderers, at least two of which are involved in prior<br />

movements of this gold, are all financially involved in a company responsible for the<br />

generation of billions of dollars of paper gold, and producing bullion from mining<br />

deposits with a history of dubious value, then should not those facts warrant suspicion of<br />

that company’s intent?<br />

In fact, the Barrick gold operation is a phenomenon that could not have occurred without<br />

the assistance of President George Bush Sr. In his last days as President, Bush pardoned<br />

his former political colleagues convicted in the Iran-Contra Scandal, including Adnan<br />

Khashoggi. The Iran-Contra conspirators executed their crime with the heavy<br />

involvement of three individuals who continue to appear throughout this report:<br />

• Adnan Khashoggi;<br />

• Khalid bin Mahfouz, owner of 20% of BCCI; and<br />

• Shiek Kamal Adham, who belonged to a group that owned approximately 55% of<br />

BCCI, and was on the board of directors with Mahfouz.<br />

At the same time that Bush pardoned the convicted Iran-Contra conspirators, he<br />

authorized a procedural change which allowed Barrick (a company started with funding<br />

from Khashoggi and Shiek Kamal Adham as an original investors) to claim $10 billion in<br />

unmined reserves in Nevada, for the meager cost of $10,000. It is speculated this process<br />

needed to be expedited because it was anticipated the Clinton administration would not<br />

approve transaction without sizeable royalty requirements. This report speculates that<br />

Bush expedited the approval so that laundering of gold could happen much sooner – that<br />

having the reserves on the books was a necessary step to begin laundering the stolen<br />

treasuries. Not often reported, Barrick claims it paid $63 million for the company that<br />

owned those rights, although the details of that investment are not known. Even at that<br />

rate, $63 million for $10 billion in assets seems like a suspicious arrangement.<br />

THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 160

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