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[casi] CIA bank heist in Iraq?

Dear list,
I am passing this along in case anyone wants to check it
out. Somehow, it rings so true...Philippa Winkler

>===== Original Message From Vicki Andrada <> =====
Now I do not know if this report is true, and I have know way of varifying
this.  However, I thought it was interesting reading.  It wouldn't surprise me
at all, but like I said I can not varify it.  All the same interesting


CIA Accused Of Bank Heist

   Shortly before U.S. forces began streaming across the
   Iraqi border, commencing Persian Gulf War II, the CIA
   and the Department of Defense, with a little help
   from Israel and some Europeans, pulled off a massive
   bank heist in Iraq to the tune of several billion

Exclusive to American Free Press

By Gordon Thomas

The CIA and the Defense Intelligence Agency (DIA) are
accused by International Currency Review, the London-
based journal, of mounting a joint ultra-secret
operation to electronically remove an estimated $10
billion out of the Iraqi Central Bank hours before the
start of Persian Gulf War II. The whereabouts of the
money is not known. "We believe it is in a secret CIA
fund which will be used to mount further special
services operations, such as tracking down Saddam
Hussein," said

the Review's publisher, Christopher Story. Story is a
former financial advisor to Lady Thatcher when she was
Britain's prime minister. In the past 10 years, he has
testified before several congressional committees
dealing with financial scandals. DIA coordinates all
intelligence for the Joint Chiefs of Staff. It is
headquartered in the Pentagon. The report is titled "The
Great Robbery of the Central Bank of Iraq." It

has been sent to finance ministers of leading nations,
the World Bank, the Bank of England and heads of all
other major banks. The report is bound to cause huge
embarrassment to President Bush after he signed an
executive order on March 23, ordering a worldwide hunt
for the

hidden assets of Saddam Hussein and his family. The
Review claims that using skilled hackers recruited by
the DIA and key Iraqi bank officials who had been bribed
to provide secret access codes to the Central Bank's
accounts for Saddam Hussein and his family, the money

was transferred out of the bank in a high-tech
operation. According to the General Accounting Office
(GAO), the investigative agency of Congress, Saddam was
estimated to have accumulated "$6.6 billion between 1997
and 2000 from illegal oil smuggling and from illicit
deals connected with the United Nations oil for food
program." But a substantial portion of that money may
have been lifted by the secret CIA/DIA operation. The
operation, claims the Review, was masterminded by the
CIA/DIA out of a military facility, Redstone Arsenal, in
Alabama. It is the base for U.S.

Special Ser vices. "The money was laundered through a
number of CIA controlled accounts, including some held
in the Discount Bank of Israel, Credit Suisse in
Switzerland and the Dresdner Bank in Germany," said
Story. He confirmed that Germany's secret service
Bundesnachrichtendienst (BND) is checking with the major
German banks on electronic transfers, which could match
the $10 billion. The Review states in its 25-page report
that it had questioned a key member of the operation.
She is identified as "Nelda Rogers, a debriefing officer
with the Defense Intelligence Agency." "She was in
Germany last year when American intelligence officials
were devising covert operations ahead of the long-
planned conflict. She has revealed that a covert
operation targeting the Central Bank of Iraq took

place prior to and during the war. The operatives
involved were military

'black operations' personnel brought into service for
this purpose," said Story. The Review claims that Rogers
and a team of ten DIA operatives were financed through
the U.S. Department of Agriculture. They were supported
by CIA agents in Iraq. "In all, 100 people were involved
in the operation," says the report. "The Department of
Agriculture has been consistently used to hide payments
for U.S. covert operations," claimed Story, whose
headquarters are close to Whitehall. The Review states:
"The U.S. Department of Agriculture is used as a
paymaster for certain DIA 'black operations' because it
has traditionally remained unscrutinized." "Like the
Federal Reserve Board and the U.S. Treasury's secret
Exchange Stabilization Fund, the Department of
Agriculture is yet another federal

agency which benefits from a special exemption from
rigorous auditing by

the General Accounting Office." The Review also states
it has testimony from Rogers that the operation was
designed to "purloin the Iraq Central Bank's assets
ahead of the arrival of U.S. troops in Baghdad. This
suggests that the operation was designed for a nefarious
purpose, rather than to help use it for the rebuilding
of Iraq." After interviewing Rogers and "a number of
U.S. intelligence operatives," Story confirmed he
received three warnings to stop his investigation. "I
was told that 19 people are very dead as a result of
trying to cover what you are exposing," Story wrote in
an editorial in the Review. The Review costs $475 a copy
and is one of a small group of titles that Story
publishes on financial intelligence for the world
banking community.

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