September 11 Commission Report - Gnostic Liberation Front

[Profits of Death (A Special FTW Series) Part II -- Trading with the Enemy, Tom Flocco - Edited by
Michael C. Ruppert, Copyright 2001. From The Wilderness Publications]
However, it should be noted that the US Justice Department investigations were
significantly less than thorough and addressed substantially less than the tip of the
iceberg. The original Bank of New York investigation found $500 million to be
laundered for the Russians. After the Swiss re-opened the case, the actual amount
laundered was reported to be closer to $10 billion. Subsequent estimates provided at the
Russian criminal trials suggested the amounts might be closer to $15 billion.
“An aggressive European investigation of international crime has revealed alleged Russian mafia
leaders operating in the United States. The U.S. Justice Department, write PNS contributors Lucy
Komisar and Ivan Feranec, dropped the ball three years ago during the Bank of New York scandal,
which now threatens to explode. Nearly three years ago, the Justice Department called the Bank of
New York (BoNY) money-laundering scandal "just" a Russian tax-evasion scheme. Now, European
investigations show that BoNY was a channel for organized crime. And according to a document
obtained by Pacific News Service, some of the alleged Russian mafia leaders have operated freely in
the United States. The widening scandal reveals Washington's dangerous reluctance to confront
international criminal networks.” [U.S. Investigators Missed Russian Mob in N.Y. Bank Scandal,
Lucy Komisar And Ivan Feranec, Pacific News Service, 8/6/2002]
In fact, there are grounds to assume that the Justice Department was under similar
instructions from the administration to initially “block” the sharing of information on this
case, just as the CIA put a block on FBI investigations:
“In June, at a conference on dirty money at Washington's Brookings Institution, New York District
Attorney Robert Morgenthau questioned whether the Justice Department "thoroughly investigated" the
case (Bank of New York). A top official in the district attorney's office said the Justice Dept. would not
provide his office with information and told them to drop the case.
Morgenthau ran into similar federal displeasure a decade ago when he brought criminal charges against
leaders of the Pakistan-based Bank of Credit and Commerce International (BCCI), which collapsed in
a mega-fraud that made $8 billion "disappear." [U.S. Investigators Missed Russian Mob in N.Y. Bank
Scandal, Lucy Komisar And Ivan Feranec, Pacific News Service, 8/6/2002]
A similar lack of aggressiveness on the part of the Justice Department also may have
contributed to the success of Adnan Khashoggi’s GenesisIntermedia to defraud MJK
securities in September 2001. It appears that GenesisIntermedia, and its Pakistani
promoter Rafi Khan, had been under intensive investigation by a number of U.S.
authorities, including the United States Securities and Exchange Commission, more than
a year before those stocks mysteriously disappeared, forcing MJK into bankruptcy:
“As noted in SEC court filings, the period of investigation dates back to June, 2000, less than a month
after Mr. (Rafi Mohamad) Khan signed his consent settlement with the regulator.” [Street Wire, Brent
Mudry, 11/14/2002]
Finally, of ‘interesting’ historical note, there was another trial related to the Kevin Ingram
money laundering investigation. A New Jersey surgeon, who was a brother to one of the
terrorists in the Ingram deal, was indicted for fraud and accused of diverting government
funds to terrorists. Although $15 million dollars of taxpayer funds were never recovered,
he was released without conviction. His lawyer was a de jure Israeli citizen named
THE SEPTEMBER 11 COMMISSION REPORT Page 93