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CIA connection[edit]
Politician and jurist, John Dowd, states that Nugan Hand became the vehicle to quietly move drug industry money. Dowd advises that this led to dealing with corrupt governments and the CIA, but in Australia during the 1970-80s, the CIA was seen as "the good guys".[33] Similarly, former NSW Attorney General, Frank Walker, insists that from the government’s perspective, having good relations between ASIO and the CIA was more important than bringing criminals to justice.[34]
Investigative authors, Kwitney J. (1987) and McCoy A.W. (1991) asserted that Nugan Hand Bank had facilitated the international movement of illegal funds for both drug smugglers and the CIA. The Stewart Royal Commission’s decision that there was no evidence to support these allegations astonished these early investigators.[35]
Revelations by the American defence industry employee, Christopher Boyce, initiated speculation that the CIA and Nugan Hand had also played some part in the dismissal of Australian Prime Minister, Gough Whitlam. For instance, William Blum (1999) states inter alia, that the bank allegedly transferred $2.4 million to the Liberal Party of Australia which contested two forced elections in 1974 and 1975 to oust Whitlam's Labor government. He also states that the Governor General, Sir John Kerr, who was instrumental to the dismissal, was referred to by the CIA as “our man”.[36] The CIA responded to these allegations with an emphatic denial: “The CIA has not engaged in operations against the Australian Government, has no ties with Nugan Hand and does not involve itself in drug trafficking.”[37]
originally posted by: TheConstruKctionofLight
a reply to: MrBlaq
You reminded me of the Nugan Hand bank - CIA money laundering etc
en.wikipedia.org...
CIA connection[edit]
Politician and jurist, John Dowd, states that Nugan Hand became the vehicle to quietly move drug industry money. Dowd advises that this led to dealing with corrupt governments and the CIA, but in Australia during the 1970-80s, the CIA was seen as "the good guys".[33] Similarly, former NSW Attorney General, Frank Walker, insists that from the government’s perspective, having good relations between ASIO and the CIA was more important than bringing criminals to justice.[34]
Investigative authors, Kwitney J. (1987) and McCoy A.W. (1991) asserted that Nugan Hand Bank had facilitated the international movement of illegal funds for both drug smugglers and the CIA. The Stewart Royal Commission’s decision that there was no evidence to support these allegations astonished these early investigators.[35]
Revelations by the American defence industry employee, Christopher Boyce, initiated speculation that the CIA and Nugan Hand had also played some part in the dismissal of Australian Prime Minister, Gough Whitlam. For instance, William Blum (1999) states inter alia, that the bank allegedly transferred $2.4 million to the Liberal Party of Australia which contested two forced elections in 1974 and 1975 to oust Whitlam's Labor government. He also states that the Governor General, Sir John Kerr, who was instrumental to the dismissal, was referred to by the CIA as “our man”.[36] The CIA responded to these allegations with an emphatic denial: “The CIA has not engaged in operations against the Australian Government, has no ties with Nugan Hand and does not involve itself in drug trafficking.”[37]