From: "Introduction to George Shultz, International Terrorist," posted on November 4, 2007
By Alex Constantine
Nugan Hand's Status in the World
... Alex Butterfield, recall, made headlines when he casually announced that the president had tape recorded conversations in the oval office. That was the end of Richard Nixon, who was badly kicked around .. and not one reporter stopped to ponder why a spook in the White House would crucify his boss with this devastating revelation.
Butterfield gave away the store at another key point in history when he spilled the dope beans to Wall Street Journal reporter Jonathan Kwitny, author of The Crimes of Patriots. When asked about Bernie Houghton and other principals at Australia's Nugan Hand Bank, the CIA's cash laundry, Butterfield gave him a few names that broke the bank, so to speak.
Kwitny was referred to General Heine Aderhold, who ran covert operations throughout Asia with John Singlaub, and was in a position to observe the actions of Maurice "Bernie" Houghton at Nugan Hand.
Houghton, it emerged, had been active in the opium trade in the Golden Triangle. Kwitny's investigation led him to dig up a legal claim letter signed by Tom Rahill, an American worker in Dhahrain, Saudi Arabia.
According the this letter, "Mr. Houghton's representatives would visit Aramco construction camps in Saudi Arabia shortly after each monthly payday. We investors would turn over Saudi royals to be converted at the prevailing dollar exchange rate, and receive a Nugan Hand dollar certificate. ... The monies, we were told, were to be deposited in the Nugan Hand Hong Kong branch for investments in various 'secured' government bonds."
But Aramco wasn't the only company that turned Nugan Hand into a burgeoning financial center. "Other large U.S concerns are said by investors to have boosted Nugan Hand, and let salesmen hold meetings on company property. Among them were Bechtel, the giant international construction firm then guided by George Shultz and Caspar Weinberger, and University Industries, Inc. of San Diego." (University Industries is still around, now known as JWP West. The corporate website reports that the company was founded "in the mid-1960s as a water supplier to Long Island and Queens, New York, JWP transformed itself through acquisition. By the start of the 1980s, JWP was the nation's largest computer reseller and the biggest electrical and maintenance contractor. Essentially, clients use JWP to help increase productivity and decrease costs by upgrading their facilities through, for example, more efficient communication and computer systems. JWP designs, installs, and supports these technical systems." For more, see: Pollack, Andrew, "JWP Gains Control of Businessland," New York Times, August 6, 1991, and Steinberg, Jacques, "Water Utility of a Thousand Faces," New York Times, November 2, 1991.. )
Employees of Aramco, Beck, Bechtel and University Industries (officials there actually confirmed Kwitny's allegations, to his complete surprise, with the comment, "sounds like you've got quite a story there.") were directed to Bernie Houghton, who talked them into investing in the bank at a promised return of 18%. Houghton only dealt in hard cash, and was seen leaving Bechtel with garbage bags stuffed full of paper money.
When the bank went bust, the employees lost their investments. The scheme made Enron's stock manipulations look like a putting gteen. ...
From: "Media Mafia (Part Five): The CIA/Mafia's Rupert Murdoch, Jim Cownie, et al," posted September 13, 2007
Edited by Alex Constantine
... Michael Jon Hand, the son of a civil servant, was born in the Bronx on 8th December, 1941. According to Jonathan Kwitny in his book The Crimes of Patriots: A True Tale of Dope, Dirty Money, and the CIA: "Hand passed every class he took, and was noted for exceptional character, courtesy, cooperation, and appearance. His IQ registered an also exceptional 131."
In 1959 his mother died after falling or jumping from a third-floor window. Soon afterwards he attended a one-year course at the New York State Ranger School. This was followed by a year managing a sports school in Los Angeles.
In May 1963 Hand joined the US Army and started his training at Fort Bragg, North Carolina. During the Vietnam War he won the Distinguished Service Cross (DSC). According to the DSC citation he almost single-handedly held off a fourteen-hour Vietcong attack on the Special Forces compound at Dong Xaoi.
In 1966 he left the army to work "directly for the U.S, Government". Friends of Michael Hand have suggested that he was employed on undercover missions for the Central Intelligence Agency in Vietnam and Laos. One reported that he "helped train the mountain people - Montagnards - and worked closely with the Air America crews that supplied them". According to Jonathan Kwitny, Hand worked under William Colby during the Vietnam War.
Michael Hand moved to Australia in September, 1967. At first Hand went to work selling development lots along the Australian coast. The company, Ocean Shores Development, was run by lawyer Fred Miller, a senior executive for the shipping empire owned by Sir Peter Abeles, the longtime business partner, Rupert Murdoch. One of the largest investors in this scheme was the singer Pat Boone. The registered directors included Boone of Beverly Hills, California and Patricia Swan of Sydney, Australia. Swan was Frank Nugan's secretary. ... "
MICHAEL HAND JOINS THE CIA
[Rupert Murdoch's CIA-Mafia business partners are the most probable suspects. Hand's partner Frank Nugan was also murdered by Murdoch's CIA-Mafia business partners. Many others have been murdered by Murdoch's CIA-Mafia business partners. The murders by Murdoch's CIA-Mafia business partners are often disguised as "suicides."- AC]
" ... In May 1963 Hand joined the US Army and started his training at Fort Bragg, North Carolina. During the Vietnam War he won the Distinguished Service Cross (DSC). According to the DSC citation he almost single-handedly held off a fourteen-hour Vietcong attack on the Special Forces compound at Dong Xaoi. In 1966 he left the army to work "directly for the U.S, Government". Friends of Michael Hand have suggested that he was employed on undercover missions for the CENTRAL INTELLIGENCE AGENCY in Vietnam and Laos. ... "
THE CIA'S HAND WORKED FOR PETER ABELES IN AUSTRALIA - ABELES, MURDOCH'S BUSINESS PARTNER, WAS A MAFIA KINGPIN:
" ... Bob Hawk's (Australian Prime Minister from 11th March, 1983 until 20th December, 1991) little mate SIR PETER ABELES was the US MAFIA representative in Australia for many years and is known to have attempted to bribe well known anti-corruption journalist Bob Bottom. Of course Bottom refused but it was well known that Abeles would tie someone up in court for years if they dared to print anything derogatory about him ... "
RUPERT MURDOCH, NARCOTICS KINGPIN
" ... Abeles and RUPERT MURDOCH (I seem to have heard that name before) just happened to own 55% of Australia's second biggest domestic airline - ANSETT. Ansett in turn just happened to own a 20% share in another airline - AMERICA WEST Airline. One of their planes was caught in the US chock a block full of DRUGS in the US. The result was intertesting to say the least. ... "
MORE ON MURDOCH, NUGAN HAND, THE CIA, DRUGS:
" ... Twenty percent of the stock of AMERICA WEST was owned by ANSETT AIRLINES of Australia and 55% of ANSETT was held by Sir Peter Ables and Rupert Murdock. We know from Jonathan Kwitney's book THE CRIMES OF PATRIOTS that Burny Houghton, perhaps the key figure in the founding of the CIA drug money laundering bank NUGAN)HAND in Australia, had coffee with Sir Peter Ables the night of his first day in Australia. ... "
CIA's Paul Helliwell meets Michael Hand and Frank Nugan
When Frank Nugan was found dead in Australia in 1980, it was accepted as a suicide and the sighs of relief could almost be heard in Langley, on the other side of the globe. But then William Colby's business card was found in Nugan's wallet, and Nugan's partner, Michael Hand, had been a contract agent for the CIA in Vietnam. Australian authorities began tracking Nugan Hand Bank, which developed into the most fun story of Golden Triangle drugs, money-laundering, profiteering, corporate shell games, and financial fraud that has yet surfaced in the CIA's unofficial history.
The most intriguing aspect of Nugan Hand Bank was the list of Yankees who were in on the scam. Theodore Shackley, Richard Secord, Thomas Clines, and Edwin Wilson played peripheral roles, while Gen. Edwin Black ran the Nugan Hand Hawaii office, Gen. Erle Cocke ran the Washington office, Gen. LeRoy Manor ran the Philippine office, Colby was their lawyer, former CIA deputy director Walter McDonald was a consultant, Adm. Earl Yates was president of Nugan Hand, and Robert Jantzen, a former CIA station chief in Thailand, got out of Nugan Hand when he smelled drugs. He needn't have bothered; apart from Kwitny's Wall Street Journal articles in 1982, Nugan Hand received little coverage and no official interest in the U.S.