CIA bank accounts used to funnel oil deal money, court documents claim
July 18, 2011 15 Comments
CIA HQ
By JOSEPH FITSANAKIS | intelNews.org |
Court papers in a bizarre lawsuit involving $258 million in missing funds from an international oil deal, appear to show that the funds were channeled to dormant CIA bank accounts with the help of an Agency employee. The case is being ignored by US media, but has attracted attention in the Irish press, because an Irishman, Ed O’Neill, is the primary defendant in the lawsuit. O’Neil was the main consultant broker who helped facilitate a 2008 oil deal between involving NIB Petroleum of Venezuela and Russia’s Gazprom, both of which sold oil to Turkey’s UP Petroleum. Among O’Neil’s tasks was ensuring that six consulting companies were paid a total of $258 million for helping facilitate the complex deal. The Turkish company, UP, paid the funds to O’Neil, but they never arrived to the six companies. The latter are now suing O’Neil for the missing money. But Irish quality broadsheet The Independent, says it has seen copies of the court papers, filed in the US state of Illinois. According to the documents, O’Neil told his clients, who were awaiting the money, that he was having trouble wiring it to them, and that he had enlisted the assistance of a friend of his, by the name of Carlos Jesus Navarro, who was a CIA operative. According to the testimony of the plaintiffs, O’Neil told them that Navarro had access to several dormant CIA bank accounts, which could be used to wire the money around the world. With Navarro’s alleged help, the funds were then transferred to banks in Luxembourg, Lichtenstein and the island of Guernsey, before making their way to the Cayman Islands. From there they were transferred to Germany’s Commerzbank, and finally to a Bank of America branch in New York City. The money was supposed to be transferred one last time to the plaintiffs’ bank accounts in Chicago; but this last transfer never took place. Read more of this post
News you may have missed #541
July 18, 2011 by Ian Allen Leave a comment
Libyan rebels
By IAN ALLEN | intelNews.org |
►►Western-aided Libyan rebels use child soldiers as young as seven, loot towns and abuse civilians. Few in the West would argue that Libyan strongman Muammar al-Gaddafi is a humanitarian leader who deserves international support. It is way too often the case, however, that the Libyan rebels, who have been doggedly fighting Gaddafi for months, are portrayed in the West as angels in military fatigues. Two recent underreported articles from Libya may be worth noting in this respect. In one of them, a British war correspondent supplies substantial photographic evidence to show that anti-government rebels routinely use child solders as young as seven to fight in the civil war, which is both unethical and illegal. In another report, the New York-based group Human Rights Watch, tells Reuters news agency that Libyan rebel fighters who captured villages from forces loyal to Gaddafi have looted shops, burned homes and beaten civilians suspected of supporting the Libyan leader. This raises the question of what will happen to the masses of pro-Gaddafi supporters if the rebels capture the entire country? Should neighboring nations (including Libyan opposition supporters France and Italy) be preparing for an unprecedented exodus of pro-Gaddafi supporters? ►►UK politicians demand extra powers to hold spies to account. In Britain, meanwhile, a group of parliamentarians calling themselves The Intelligence and Security Committee (ISC), have called for immediate measures to improve the transparency and accountability of the country’s intelligence services. Read more of this post
Filed under Expert news and commentary on intelligence, espionage, spies and spying Tagged with 0 British government revives GCHQ VOIP interception plan, 0 Human Rights Watch says Libyan rebels loot towns and abuse civilians, 0 UK politicians demand extra powers to hold spies to account, 0 Western-aided Libyan rebels use child soldiers as young as seven, 2011 Libyan civil war, Africa, communications interception, Counter Terrorism Strategy (UK), France, GCHQ, human rights, Human Rights Watch, Intelligence and Security Committee (UK), intelligence oversight, Italy, Libya, MI5, MI6, Muammar al-Gaddafi, News, news you may have missed, privacy, UK, VOIP