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September 11 Commission Report - Gnostic Liberation Front

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even had an agency codename: “Tumbleweed.” [J. Taylor's Gold and Technology Stocks, Jay Taylor,<br />

1/3/2004]<br />

One of these same investors – Khashoggi – was a primary money mover for the Marcos<br />

family, thus linking him to the origins of one of the major sources of gold at the heart of<br />

this crime, and linking Barrick to a source of knowledge of illegal gold.<br />

"Khashoggi had long been associated with Ferdinand and Imelda Marcos and the so-called Marcos<br />

gold. Indeed, so trusted was he that Marcos had him fronting for two "eclipsed" Marcos accounts--one<br />

in the name of Etablissement Mabari with the private Swiss bank of Lombard Odier & Cie, and the<br />

other in the name of Etablissement Gladiator at COGES Corraterie Gestion SA, Geneva." [Nexus<br />

Magazine, Volume 10, Number 6 (October-November 2003), David G. Guyatt ]<br />

"Marcos and Khashoggi set about to create Five Star Trust in 1983 as a means to create a vehicle to use<br />

the Philippine wealth to create and funnel fungible assets. In 1989, Five Star Trust was officially<br />

established in the Isle of Man by a Houston-based attorney who was a close friend of the Bush<br />

family… Five Star entities, active and dissolved, have been discovered in the Isle of Man, the island of<br />

Nevis, the Bahamas, Florida, Kentucky, and Texas. Other Five Star-related entities stored large sums<br />

of money in the Cook Islands, according to U.S. intelligence sources, and these funds were directly<br />

linked to Khashoggi and BCCI …. Five Star's accounts are said to funnel more funds from Saudi<br />

Arabia as well as cash reserves hidden away in offshore artificial shells by Enron before it collapsed ."<br />

[Texas to Florida: White House-linked clandestine operation paid for "vote switching" software,<br />

Online Journal ,Wayne Madsen http://www.politrix.org]<br />

Khashoggi’s acquaintance with Munk is reported to go back as far as 1974, when they<br />

were investment partners. Peter Munk is a Hungarian who fled from Hungary to<br />

Switzerland with his parents to escape the Holocaust.<br />

Peter Munk was brought into business prominence by Sir Henry Keswick, with an able<br />

assist from Sir Peter Abeles. Peter Abeles was a business partner of Bernie Houghton and<br />

Michael Hand of the Nugan Hand Bank in Australia. Nugan Hand was a major CIA front<br />

for moving Marcos gold and laundering narco trade profits weapons. Keswick himself<br />

appears as no stranger to the money-laundering world. “According the the author’s of the<br />

book “Dope Inc,” the Keswick family control a substantial part of the world’s narcotic<br />

trade and use HSBC, the bank they are said to control, to ‘provide centralized<br />

redsicounting facilities for financing of the drugs trade.” [David Guyatt, Project Hammer<br />

Reloaded, 2003] Munk’s origin’s with the ‘Hungarian Mafia’ in Australia easily could<br />

have provided him with a connection to the Marcos/CIA gold stores.<br />

“Munk's approved biography reports that this Vansittart activated the formidable Sir Henry Keswick,<br />

who made arrangements to lift Munk into a new career. Keswick's family merchant banking firm,<br />

Jardine Matheson, had long been the British Empire's leading, out-in-the-open organizer of Asian<br />

illegal narcotics trafficking and drug-money-laundering. (Keswick, Jardine Matheson, and their<br />

cohorts are central figures in {EIR'}s book {Dope, Inc.} (Washington, D.C.: Executive Intelligence<br />

Review, third edition, 1992.)<br />

Jardine Matheson made Munk the chief executive of a Bahamas-registered hotel corporation called<br />

Southern Pacific Properties (SPP), with Jardine money, and Jardine's chief executive, David<br />

Newbigging, as a director. Then, Jardine's historical dope partner, the Peninsular and Oriental Steam<br />

Navigation Company (P&O), joined the Munk enterprise; P&O's Lord Geddes himself joined<br />

Newbigging on the Munk-SPP board. In future years, as Munk rose to world prominence in the gold<br />

business, the Hongkong and Shanghai Banking Corp. and the Royal Bank of Canada, two ``Dope, Inc.''<br />

financial agencies, would provide credit in the billions of dollars for Munk's expansion.<br />

THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 166

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