Open in TheBrain

1973

February, 1973: Gerald Parsky, William Colby, Michael Hand, Frank Nugan and Bob Seldon move to further consolidate the Mafia banking operations. In NZ they acquire 20% Fletcher subsidiary Marac, using the Security Pacific National Bank helped by Marac Corporate secretary Alan Hawkins.

Frank Nugan and Michael Hand use Fletcher and Renouf and their NZ United Corporation to link with I.E.L. and Brierly Investments through cross-shareholding agreement.

In Australia, the Nugan Hand Bank begins operations with 30% of the stock held by Australasian and Pacific Holdings (100% Chase Manhattan Bank), 25% by CIA's Air America (known as 'Air Opium'), 25% by South Pacific Properties and 20% held by Seldon, Nugan and Hand.

The Irving Trust Bank's New York Branch establishes US links between the CIA and Nugan Hand, a worldwide network of 22 banks set up to:

a) 'launder' money from Onassis heroin operations in the Golden Triangle and Iran; b) as a CIA funnel to pro-US political parties in Europe and Latin America, including Colby's P2; c) a spying conduit for information from Cambodia, Laos, Vietnam and Thailand; d) finance arms smuggled to Libya, Indonesia, South America, Middle East and Rhodesia using the CIA's Edward Wilson.

Colby and Kissinger use key CIA and Naval Intelligence officers to oversee the operation, including Walter McDonald (former Deputy Director CIA), Dale Holmgren (Flight Service Manager CIA Civil Air Transport), Robert Jansen (former CIA Station Chief, Bangkok), etc.

Heroin flown into Australia by CIA's Air America and trans-shipped to Onassis lieutenant in Florida, Santos Trafficante Jr, assisted by Australian Federal Bureau of Narcotics officials and co-ordinated by CIA's Ray Cline.

14th June, 1973: Inauguration of the Onassis shadow World Government - the Trilateral Commission. Includes over 200 members from the US, Europe and Japan - bankers, government officials, transnational corporations' top executives, trade unionists, etc. Of the world's largest corporations, 24 directly represented and dozens more through interlocking directorships.

18th August, 1973: Ray Cline and Michael Hand meet in Adelaide to discuss CIA plan to establish spying operations in NZ.

September 1973: Seagram's, with strong links to Chase Manhattan Bank of Montreal and Toronto Dominion Bank, buys 2,800 acres of prime land in Marlborough helped by Peter Maslen.