Australian Nugan Hand Bank

2 years ago
52

Australian Nugan Hand bank became known for drug dealing, gun running, organised crime & intelligence activities," The Sydney Morning Herald.

"Nugan Hand had enough generals, admirals, and spooks to run a small war," Wall Street Journal investigative reporter Jonathan Kwitny in his book about the bank, The Crimes of Patriots: A True Tale of Dope, Dirty Money, and the CIA. Kwitny described Nugan Hand as "a giant theft machine" involved in CIA operations from Angola to Iran. In Saudi Arabia, where interest-charging banks are illegal, it acted as a cash depository for expats.

“I think the reason nothing was done about it was the nature of the people on the board of the Nugan Hand bank. They were very senior military officials of USA & they certainly weren't going to be investigated by the American government."

The bank collapsed 1980 after the ‘suicide’ of its founder

Military intelligence, the shadow government, pulls rank on political puppets the world over.

Loading comments...