APPENDIX 8The following is extracted from Eric A. San Juan's book "Marcos Legacy Revisited," courtesy of "Dirk." The preamble and after word is by, author San Juan and the letter itself does exist and was circulated in the "market" soon after it was written. Since the search for the so-called Marcos fortune began, the nation has been treated to all sorts of reports about cash being stashed in the banks of Switzerland, and gold bullion at Fort Knox, the Bank of England and many places in the Philippines. The diggings at Fort Santiago sanctioned by no less than President Aquino's national security adviser showed how much the government put its faith in the story of the hidden gold treasure. The diggings have stopped but unknown to the public, a small group of men continues to operate at People's Television 4 station under the tutelage of Conrado Limcaoco Jr, for no higher purpose than to pursue leads about the Yamashita treasure with the assistance of Noel Soriano, the National Security Adviser of Cory Aquino. In the last failed coup, military rebels claimed to have carted away from PTV-4 documents pertaining to this gold search. On the basis of these papers, the Rebolusyonaryong Alyansang Makabayan-Soldiers Of the Filipino People-Young Officers Union claimed that the Limcaoco group had recovered some gold and had gathered facts that lead them to believe the Yamashita treasure exists, but they appeared determined to hide this from the Filipino people. Limcaoco denies the charges. But he does not deny the existence of his work and what he has been doing. He says that the group's task is to evaluate every bit of inforwhation that comes along, without prejudging it. Most of what comes along is mind-boggling, but Limcaoco says he is not prepared to reject anything. Based on the group's work, an October 10, 1989, Limcaoco's staff prepared the draft of a report to President Aquino, which proposes to tell all. Limcaoco says he never signed the letter, and that it was not sent at all. But even without the final signature and without it having been sent, the letter reads better than a story, whether factual or fictional. The following is Limcaoco's letter to Mrs. Aquno: FOR YOUR EYES ONLY 10 October 1989 CORAZON C. AQUINO President of the Philippines Malacanang, Manila but which we feel deserves a serious second glance at this particular historical conjuncture. Cipirino Garcia Sta.Dear Mrs. Romana signed a power of attorney over the gold to Marcos. foreign treasure hunters and the AFP (many of the retired generals now in Hawaii) in subsequent years. I. .who wants the gold? Technically. What has been recovered and sequestered to date is not even the tip of the proverbial iceberg.and thus far. Even in our bleakest moments. Further. ship it out. The Japanese brought the gold here and had to leave it here as they retreated in defeat From 1967 to 1973. or (3) reburied under the custodianship of trusted subalterns or heirs. should you feel such a meeting is necessary after going through this. Over 90% of the worlds legal and illegal gold production were in Asia at the outbreak of World War II. and even sell some of it.who owns the gold? Or better still -. President. moved their gold to their Asian colonies and former colonies for safekeeping. The rest you know. fearing a war in the West. I was confident we would triumph -. England moved their gold to Malaysia. To answer the question -The countries of Europe want the gold! They believe much of it was theirs to begin with. An interesting question is -. there reportedly is still 35-37% of the treasure still to be discovered -. and so forth. The Global Implications There is a forty (40) year period within which another country may claim treasure/property taken from it with another country. Background/Premises Our work thus far supports the contention that the Yamashita treasure does exist and appears to be the basis for the Marcos' hidden wealth. Romana found some of this gold and began shipping it out of the country mostly to the PROC. we have. It was either (1) shipped out as is. Singapore. Thus. This period lapsed in November 1985. In 1973/4. Please suspend your judgment and disbelief and know that this report was written after much in-depth intelligence work and soul-searching on my part. Sta. I ask you to please read through this report personally and not show or pass it on to other officials of this govemment until we have had the chance to meet. Why? History will tell us why. II. Hong Kong and Australia -France to Vietnam.parts of which you may have heard before -. we have unearthed a story -. but instead used his position and influence to find it. now the people of the Philippines can lay some claim to the gold. In the course of tracking down the right-wing military adventurists a task which is continuing. assuming Marcos was not an innocent "finder" or "treasure hunter" entitled to a share. (2) laundered via the Central Bank reminting facilities and through other means and then shipped out. This transaction is known by the code JOB/HK/25 which I will detail later. More of the treasure was found with the help of treasuro maps. They want or need it so much they are even willing to buy some of it back. I have never waivered in my commitment to serve you and our people over the past few years. A 1983/84 sale we are reconstructing indicates that the 11 monarchs of Europe syndicated a deal involving over 120 banks with the Bank of England as the lead bank to buy back some of the gold. From the galleon trade where spices and silk were traded for gold and other precious metals to the days before World War II when the Europeans.which the likes of Noel Soriano and company have set their eyes on. A taped conversation with one of the buyer negotiators indicate that senior executive officials of the US Government during the period had to get Congressional approval to increase the US foreign debt to accommodate this deal. For example. Marcos is reported to have revised his will a few months before he died. these are assigned trustees and signatories -some of whom do not even know each other. the umbrella. Marcos organized what is called THE UMBRELLA. Apparently. feelers from their front organizations -. there is no sharp cleavage between this group (family. heirs. Malaysia. There are secret bank/depository arrangements such as access code and security countersigns.The 12 Asian countries conquered and plundered by Japan in World War II want the gold! They believe they have a stake in this as it was from their countries that the Japanese took it from. In theory. Imelda was reportedly vehemently against the revision. not Mrs. followers. The amount involved is staggering. He shipped back some of the gold to them in return for a share in the booty. Before his death. In 1987. Yamashita has alleged shares in some of the gold stock in Asia.e. Marcos shipped large stocks of gold to the USA.. Most of what we know is FM's not Imelda's. One of these transactions in 1984/5 codenamed YAB42 was apparently aborted because of a difference in payment terms. I believe some of our people may have even sat with Mr Bullock. They need it to back their currency and to stave off economic difficulties. through the umbrella. Navegacion Global's Mr. I will also detail this later in this report. As late as mid-1986. 1987 and is enclosed as Annex A). The US offered 20% in cash and 80% in US government securities. US officials were trying to convince Marcos to conclude the deal in Hawaii. asking former Solicitor General Estelito Mendoza to Hawaii for this purpose. etc. negotiated the transactions We are slowy piecing the puzzle together.which the US government wants badly. Marcos struck deals with many of these Asian countries.000 metric tons of the gold to the US. Marcos or his children would execute his will. Bullock was received by Malacanang Records Office last October 8. The Marcos Scheme of Things Marcos compartmentalized this whole operation so that very few could piece it all together.g. At least two members of the umbrella's inner core of about one dozen are already working with us. Bullock were sent to this government (A letter from Mr. Marcos allegedly committed to sell 300. the gold shipped back to Singapore. whether in cash or in bullion. III. Japan allegedly has been promised 50% of Marcos 30% in these Asian settlements.those that shipped the gold out. I do not think they knew what Bullock vas really up to -. the Asian countries and the Europeans would look with displeasure at this -. Obviously. found the buyers. Mrs. For each Marcos account. They reportedly cannot release their new "rainbow dollar" (multicolored dollar bills) that are already printed without this gold to back it up.) and Imelda's. It is doubtful that even she would know all of FM's holdings. The United States of America wants some of the gold! The US had virtually no gold of its own to begin with.or understood or believed him if he told them. The destabilization efforts will most probably come from Imelda's camp not surprisingly. We are trying. Marcos has never died before. The umbrella has never been tested in action before. to get a copy of . Those who now work with me tell me that the chairman of the umbrella is a very decent man who can be talked to on behalf of our nation. a network of 54 people whose task is to manage these assets in the event of his death.if they knew about it or could prove it We have evidence that at least 2 major sales were negotiated with CIA and US Treasury front organizations in 1983/4 and 1984/5. and India are reportedly split now at 70% of the particular country and 30% for Marcos. We have managed to assemble quite a number of Marcos' real operating people -. Marcos wanted 80% in cash and 20% in securities. We allegedly have gold sitting in US depositories -. Indonesia. So.an amount reportedly given to Lee Kuan Yew by IRM in 1975. where is the gold? How much of it have we traced thus far? IV. Where Is It? Our sources have pinpointed the locations. We have left out the volume figures for countries other than the United States which are relevant for understanding points raised in other sections of the report We do have the detailed breakdown of these other accounts in the other countries but thought it best to omit these for now.in three banks in Singapore. is estimated at between 1. and understandably so because of the complex shipping procedures and the compartmentalized nature of the operation.400 metric tons.33 million metric tons (MT). all forms of transport were used from commercial and chartered ocean vessels and aircraft to the military aircraft of the Philippines. Whether one believes this figure or a lessor figure is not material given the magnitude of the entire scenario. banks and signatories identified -. The Phippines' annual gold production is estimated at between 40-60 metric tons The world's "legal" annual gold production. One metric ton of gold is worth about $11 million. Singapore 3. In the later frenzied stages from 1983-85. Malaysia -- in Bank Negara (Central bank). and details of many of the Marcos and Imelda gold accounts around the world. shipped 1973 . Singapore -.200 to 1. now in Tatlee Bank. joint IRM/FM stock an amount allegedly given to Mao Tse Tung by IRM. Asia 1. A. 1973. which is regulated by the London gold cartel so as not to upset gold pricesas well as the value of currencies of the world. volume. The volume/amounts involved are staggering and may be subject to misinterpretation There is admittedly a possibility in some instances of double-counting an entry because of the process of shipping and laundering the gold from one country to another. I have seen documents saying that the gold under the control of the umbrella (there are smaller stocks not reported to or controlled by the umbrella) is in the neighborhood of 1. now with Madam Mao 2. We can present the figures per country and per bank should you wish to see them. Exactly how much gold is involved? The estimates vary. The gold was shipped out in a span of more than a decade from the late sixties to the mid-eighties. Whatever volume figures are ultimately believed or proven.this will. the magnitude remains astounding. PROC --in various depositories in Southern China & Switzerland. various identified depository banks. It is doubtful any of these transactions were actually consumated. Nos.in a New York bank. Hong Kong 7.Fort Knox. as both IRM and Madame Mao are no longer in their respective nation's political structures. flown to and reminted in Switzerland. trustee identified -. identified 3. Indonesia Switzerland 5. A.000 MT -.Bank of Panama.shipped 1978-85. banks.000 MT -.600 MT sold in 1987 for FM to Union Bank of in various depositories. The MAFIA and the CIA helped ship it. Nos. Bahamas 6. Panama B. 2. possible 1983 sales through Navegacion Global's Bullock -.000 MT NOTES: Nos. US and Environs 1. Japan and Mrs.Banco Bahamas. 5. 1 & 2 formed the stock for the YAB42 transaction to be detailed later Nos. 38. IRM's stock -. IRM's stock. India -- -- in at least 4 banks in Jakarta. Philippines ---- more in private storage. 75 kgs. 62. some banks and signatories identified . Yamashita is coowner of some Hongkong stock (already identified). Mrs. Switzerland -. account no. Canada. account numbers. 1 still has to be studied further.600 pieces.300 MT -. IRM's stock. signatories. some identified more still to be dug up estimated at 400. 5 & 6 which are FM stocks are probably covered by the 70-30 deal with each country. identified in private storage. Yamashita have their stakes here as mentioned. 18. signatories.various identified depository banks in New York 2. England -. Europe 1. in 18 identified banks in Metro Manila 9. Nevada. Marianas 8. trustee identified 6. 3. trustee identified 4. Japan may expect 50% of FM's 30% in these Asian settlements. 3 & 4 were also being sold in 1983-1985.000 MT -. 72. Palau -- in private storage. one 94 year-old trustee identified --in 10 Hong Kong banks. etc.in 4 identified London depository banks. then on to London in GLD bars 2. 7 & 8 are also IRM stocks and are not probably covered by the 70-30 deal. account codes identified 4. California. No. including some monitored shipments through Clark Air Base. and Panama NOTES: These were shipped out covering a period of more than 10 years from 1973-1983. 4.in various depository banks. 9.4. Literally hundreds of gold buyers. Three schemes to sell the gold were conceived in this period. In passing.5 4 GLD or Good London Delivery bar is the recognized unit of gold that is numbered and registered in the London Commodity Computer by batches with indicated owners. FM issued "mandates" to select people to sell this gold for him (A sample of a "mandate" granted to a certain Konsehala Candelaria V. . its ultimate destination. some lent to back up FRG's currency C. Third.Fabian Ver and Edna Camcam's account. physical transfer of the stock but merely to credit and debit or swap equivalent currency or other GLDs or GBCs. To highlight a few. bars with various 'hallmarks" like "Suhatra-Loyd. We have a good deal of documentary evidence to prove that gold transactions were indeed negotiated by front organizations as well as legitimate banks in those years. the WB. Second. I understand a few "looseleaf" pieces of 75 kg. These GLDs in batches are covered by Gold Bullion Certificates (GBCs) that are also registered in the London computer If GLDs are bought and sold. the direct sale. Why are they now putting on the screws for our loans? Possibly because we have not concluded YAB42. We have some of the real mandate holders working with us. Santiago is enclosed as Annex B). the loan method where buyers guarantee to lend the GRP money equivalent to the gold they were buying. the 12.FM owns 40% of 4 leading gold mining and processing firms V. and middlemen converged in Manila in the years 1983-85. Still others produced "fake mandates" that they used to con some buyers with to give them hefty advances. Then they would redeem these CB T-bills for gold upon maturity of these notes. Africa -. brokers.. Others managed to secure "sub-mandates" from the original mandate holders.in various depositories in Luxembourg and Bonn -. traders. The movement often required numerous transit points and sometimes "laundering" services like those provided by Johnson Matthey reminting refineries in England and Switzerland or by the Golden Eagle reminting plant in Hong Kong and even possibly by our awn Central Bank refinery in Quezon City. it is often not necessary to effect a." a dragon. the CB Treasury bills method where gold buyers agreed to purchase CB Treasury bills equivalent to the amount of gold they were buying. 91. it could well be that many of our debts are not really debts but are already paid for in gold. This was perhaps triggered by the unrest and re-awakening after 21 August. 75 kg. etc. FRG -.3. method where after a while the sheer magnitude of the gold being sold could no longer be sanitized by either of the two methods described earlier outright sales agreements gold were negotiated. Our sources say that the very top echelon of the WB and the IMF know of this. and the IMF and their prime banks? And this could explain the cavalier spending of these loan proceeds for personal ends. The original form of the treasure was varied and often indicated their countries of origin -e. today there are over 160 gold buyers and brokers now in Manila reminiscent of the 1983-85 years anticipating gold sales by FM heirs or this governments representatives.. How else can one explain the seemingly easy credit FM enjoyed with the ADB.g. Internationally. bars have already been sold.33 kg. FM gave the signal to start selling his gold in grand fashion. First. Using this second method. Some Transactions Worth Looking At We must differentiate between the movement of the stock.. and its final disposition in the event it was sold. In 1983. AAA. FM signed over the 38. The Central Bank of the Philippines may not be able to balance their books as far as gold is concerned. there is a reported P200 B/$10 B commission for the transaction's brokers credited to the PNB through the CB sent from the Chemical Bank of New York.000 MT each. Further.300 MT in Citibank. Using the $200 billion cash as 20% of the transaction. In June 1986. we have evidence of another transaction involving a minimum 62. Senior US officials even called FM to confirm the veracity of the mandate holder negotiating for "the seller. It is doubtful this transaction was consumwhated as these stocks have reportedly been recently verified to still be in place. The stock for this appears to be the 62. and personalities were used to make the deal ostensibly a non-governmental transaction.000 MT. our sources say that there is at least 5. Very simple. then this government will be richer by.000 MT in 4 locations in mainland America plus the 18. let us conduct a surprise physical count of the gold in both CB vaults. The brokers who are claiming these commissions are with us providing us inforwhation on this deal and are willing to negotiate with this government 4. Our sources say that senior CB officials may have begun to cover their tracks by moving the gold out or logging it under someone else's account number.000 MT in New York and the 72. The original GBC was for seven sub-lots of 1.000 MT or over $1 trillion. If this is true.000 MT. 29.000 MT in Ft. The PNB Singapore and New York branches were actively involved in this transaction and the key officers of these banks then can reportedly identify where these seller credits are located. Front organizations. Remember. The JOB/HK/25 transaction. In commissions alone.321 MT of gold bars is enclosed as Annex D). possibly to conclude this transaction. We have the GBC number of this gold in the CB vaults.000 MT in New York which the US government found insufficient. 2." Close to 100 prime banks pledged their participation in helping fund the purchase. Earlier. Knox He declined. and other CIA conduits were used. this was initiated by the US government through the US Treasury and the CIA.000 MT negotiated with Frank Higdon. Sub lots 2 and 4 have already been disposed of leaving a balance 5. In 1983-84. A recent Chronicle article indicates that COA may be getting some wind of this (The newspapers reports that Central Bank has violated audit standards such as under-recording of its actual gold acquisitions and the same is enclosed as Annex E). without working on the rest of what we have uncovered. Navegacion Global's Bruce Bullock tried to make contact with this government. In 1987. this transaction would then involve 110.000 MT in Ft. Knox which total exactly 110. our total annual gold production is only 60 MT and our declared . The stock for this transaction appears to be the 38. The proceeds are allegedly sitting in ledger credits to the seller in the seller's banks and even in some buyer banks. Ole Bay (YAB is BAY backwards) was the main trustee of the buyers' group (A Trust Exchange Agreement and a Funding Trust Pay Order between seller and buyer in transaction code YAB42 are enclosed as Annex C). As reported.1. The US offered 20% cash or $200 billion through these trusts and banks and 80% in US government securities. Dupont. Dr. New York. There is an additional $63 million in commissions for this transaction at the AMEX Bank in Hong Kong. The YAB42 transaction. 3. Navegacion Global SA.327 MT was reportedly sold to the 11 monarchs of Europe with over 120 prime banks participating with the Bank of England as the lead buyer's bank.000 MT up to a maximum of 81. early 1985. A July report by a senior Central Bank official to the PCGG prompted by preliminary inforwhation on this project we passed on to the PCGG does not reconcile with other CB data we have on gold transactions for the 1984-85 period alone. Forty-two (42) other major trusts were tapped to help fund this purchase. US government representatives reportedly asked FM to conclude YAB42 and turn over the 72. $55 billion. another reported CIA intermediary (Investment loans offered to the Philippine Government which is repayable with 62.000 MT of gold in the CB vaults in Manila and Quezon City. In 1983-84. This was negotiated in late 1984. They believe that it would be criminal to allow the nation to suffer in economic deprivation when something can be done relatively quickly to correct it. umbrella members who could be vital in "unlocking" these accounts. We now have our "assets" in various safehouses and lodging areas. More importantly.many of their relatives are impoverished. key actors that actually helped FM on an operational level.the amounts or percentages should be negotiated on a case to case basis depending on the assistance given and the amount to be recovered. Quite frankly. Some of our information may have impact on that visit. but our main sources are testimonies from the people who were actually involved in these transactions who are now cooperating with us. What business does a local bank have keeping and selling 1. I am totally loyal to our people's interest through you and word may get to you from other sources that I am in touch with "loyalists. 5.000 of borrowed money.unleashing a host of now unpredictable events that may make purposive action on our end moot and academic. Second. the project has grown to a scope now requiring your knowledge. FM died -. one of our "assets' will go abroad to contact the umbrella's chairman to check the contents of FM's will and his willingness to help our government and our people. This is one of the aspects needing your approval -. Third. your "mandate" to proceed in directions you agree with. Their testimonies have helped us piece this extremely complex puzzle together. part-owners. They are key actors -trustees. The buyer was Mr. More important. At the very least.000 MT of gold? Apparently. Soon. we now have in our protective custody. you are appraised of what we have gathered to fathom any . We would have proceeded to develop this project further except that certain factors compelled me to bring this matter to your attention now. They are not rich -.000 MT of FM gold deposited at a PCIB branch under FM trustee Alice Lazo (deceased). you are scheduled to take your second state visit to the US next month. They have put their trust in me for the moment." I need you to know what it is I am doing. I am not funded for an operation of this scope. Evaluation and Assessment We have substantial documentation that by their sheer volume indicate these gold transactions did take place. signatories. and to use an FM term. Loyal FM and IRM henchmen would definitely not look kindly on their efforts to assist us. Van Dreck of a organization called MERCANTUS (A PC Bank offer to sell gold to Mercantus International Establishment and an irrevocable Purchase Order by the latter are enclosed as Annex F).gold reserves are possibly only in hundreds of metric tons. We have evidence to support October 1983 transaction of 1. To develop this project to this point has cost nearly P300. What was in his will? Will the umbrella or can the umbrella execute his will? What will IRM and his other relatives do? What will the host of account trustees and signatories do? What will the banks and depositories do? We are trying to ascertain the answers to some of these questions. First. they are Wiling to assist in the recovery effort of the government. this transaction was consumated. VI. These are but some of the transactions we have been able to piece together We do have some documentary evidence. Why are they helping us? Partly out of a sense of patriotism. they also hope for a just reward to be granted by this government for their assistance together with the necessary immunities from suit and documents to allow them to spend their reward or commission. Agree to a detailed presentation only to you or what we have uncovered to date. meaning one negotiation with possibly IRM or the representatives FM. The PCGG has even recently proposed. The concrete action proposals will probably take the form of proposed negotiated settlements with the parties involved aimed at recovering FM's share for our government and our people. Some may even be on a country to country basis. holding public discussion groups to try to get more inforwhation on the whereabouts of the wealth and amounts involved. 5. I propose we discuss this in private. Even if a fraction of what we have uncovered is true. I will detail some possible negotiated settlement formulas when we get to meet 4. On the local front. there are those who propose a "master settlement" approach. Lately. 3. and other properties) and court cases here. a reporting/feed back mechanism directly to you must be set up. This "master settlement" may involve the return of FM's remains and/or some of his exiled relatives and henchmen. and signatories and our government. There are some action proposals that can be done here immediately like the Central Bank gold and the PNB/CB sale proceeds and commissions outlined earlier. trustees.subtle messages that the US officials may send to you. one negotiation will not work because those that propose it are at best making "educated guesses" about the amount of the ill-gotten wealth that is the basis for negotiation. Most will be between specific banks. Also. A "master settlement" on the wealth by those that propose it presently may not result in a fair deal for our government On the other hand. negotiated settlements on a case to case basis based on more precise intelligence inforwhation and with the cooperation of the principals involved (the trustees. At most. and in the United States. if not in November at some other opportune moment. Due to the sensitive nature of these actions and the possible involvement of senior officials of this and the previous government. I agree with these conditions should be rejected at the moment for national security reasons. VII. some of the trustees/owners/caretakers of the gold already discovered but stored here . Each negotiated settlement will be different in nature. it is doubtful that IRM or any one of the FM heirs would know all or even most of his wealth much less make a full disclosure of what little they may know during these negotiations.g. Proposed Courses of Action and Vital Considerations 1. requiring your direct intervention ( e. paintings.g. moving on it correctly and recovering some of it for our people could alter the course of our history. Lastly. the US and some of the Asian countries). What do we have as far as the recovery of FM's ill-gotten wealth? A few hundred million dollars from deals with overt FM cronies the sale of some identified FM assets (buildings. 2. Some funding support is also needed even at this preparatory stage. Allow us to continue the project to pinpoint concrete action proposals for your approval. banks/depositors) in a given case or account may lead to faster and fairer results for our government The ex-FM operatives we are talking to are not politically motivated and place no political pre-conditions (e. in Switzerland. In this regard. the return of FM's remains or relatives) on assisting us. we may be able to put together enough conclusive data to allow you to bring the matter up to President Bush. the FM trustees.whom they believe I report to directly. Initially. Some concerned citizens at hotel coffee shops have circulated other similar photocopies. and caretakers have placed their trust in this government through me and you -. in the U.before I bring this whatter up to you for your consideration. in exchange for her acquittal in the New York court. I have asked that they bring me proof positive -. Thus. Phantom Jet. strongly confirms that the Marcos gold had been successfully amassed from different sources. Limcaoco's Gold Recovery Program had successfully controlled the part of the Marcos gold specifically that taken from the Napindan Channel. the details of which I would rather discuss privately. 1990 printed the same.S.A. I ask in turn for your continued trust and guidance without which we cannot proceed with this task nor hope to succeed. CONRADO A. S. including those at Fort Knox. NOTE.in our country have come to me to explore the possibilities of negotiated settlements. signatories.because success means a better life for all of us. others have had dubious interests at heart. At this point. I was earlier told by one trustee that some of these smaller stocks were a part of Mrs-Marcos' compromise deal with the US.The small stocks being referred to here by Mr. some 3. Cory Aquino was given to me by a RAM officer who is now living. if this succeeds. . Greater men than I have risked their names and reputations on parts of this puzzle -. Trust is a vital dimension to this undertaking! Our newfound "partners" -. This was the very reason why the Yellow Army particularly saw to it that Channel 4 should be the first target area to recover. LIMCAOCO. the persuasion flight of the U. JR. The mere mention of Sta. Even the defunct Newsday dated February 27. The barricades erected surrounding the TV station's perimeter were dismantled only after "the loot" had been successfully brought out and transferred to "safer" ground. there is much more. we must exact a commitment and activate a monitoring mechanism to ensure that the monies released to parties other than our government are not used to destabilize our government 7. I find myself in a situation where I must try to see this through its conclusions -. Romana's name and other long existing gold accounts as having never been moved until the time Marcos gained control over them.some have failed. Limcaoco are actually the so-called unrecorded accounts of Imelda and FM's children. Government.gold bars to show you and a visit by me to the site of the gold stockpile -. I would like to reiterate the misconception that the Marcos gold was the Yamashita treasure. Limcaoco's letter to Pres.000 MT of gold has been offered. 6. and had a role to play among Col. In all negotiated settlements. Red Kapunan's group who took over Channel 4 at the height of the 1989 RAM-SFP-YOU coup d'etat. I have been told. The photocopy of Mr. Some of them have had "sad experiences" with others in our government. Former NATO General (and later US Secretary of State) Alexander Haig is also a Malta Knight. from the NYPD guests. alleged to be involved in the disappearance of Russia’s gold reserves – over 2000 metric tonnes . Joe Colombo and Pauley Castellano amongst others. her father arranged two different reception rooms to separate the “mob” guests. editor of “From The Wilderness” newsletter. reports Mike Ruppert.unlike his near namesake. In more recent decades SMOM has acted as a funding conduit. Al Carone . This followed a period of great personal disenchantment with his life following a secretive mission to Mexico in 1985 when a large number of innocent women and children died unnecessarily. During the “seventies” he became Chairman of the Securities & Exchange Commission (SEC) that regulates the US investment industry. the former Deputy Director of the CIA under DCI George Bush and later appointed a roving Ambassador during the Reagan administration. But that wasn’t half of it. but this didn’t stop him from becoming a “made” man in the Genovese crime family. During his tenor in that role. James Jesus Angleton.” When she got married. another prominent member of the US “spook” agency was also . another “Uncle” was Bill Casey. Casey had been with the OSS during WW11. He existed and also didn’t exist. But this was more window-dressing than anything else. who was made a Knight along with his wartime compatriot and later CIA chief of counter-intelligence. The CIA’s Bill Casey. the former Director of the CIA during the Reagan administration. Another is General Vernon Walters. for example. Carone was a detective in the New York Police Department. around the time that Soviet Premier Mikhail Gorbachev was ousted from office. amongst others – and is known to act as the Vatican’s intelligence arm. One of Carone’s principal functions in the NYPD was to act as the “bagman” in protecting shipments of CIA drugs to the various Mafia families. in view of his close friendship with Bill Casey. Casey used Carone as a “cut-out” to pass sensitive insider information to mob Capo. Dee.APPENDIX 9 HOLY SMOKE AND MIRRORS By David Guyatt Albert Vincent Carone is one of those people who spent his life dancing between raindrops and turning invisible wherever a shadow lingered. Carone was also a full Colonel in the US Army where he had operated in the Army’s Counter Intelligence Corp (CIC). Meanwhile. including Vito Genovese. Dee. he was also a covert operative for the CIA. To Carone’s daughter. Malta knighthoods are awarded to many leading individuals who are part of the military and intelligence community. And John McCone. The legendary head of the OSS – the WW11 precursor of the CIA – was “Wild” Bill Donovan. Pauley Castellano.that vanished during 1991. It was. Unsurprisingly. Al Capone – truly was a paradox wrapped in a mystery concealed behind an enigma. Carone was also a Grand Knight of the Sovereign Military Order of Malta (SMOM) – which historically has been the military arm of the Vatican and is regarded as separate “state” with full powers of statehood including issuing its own diplomatic passports. says his daughter. for example. Carone died in 1990 under mysterious circumstances. was Knight of Malta. He knew all the leading Mafiosa of his day. who has investigated Carone’s life story and written a special report on it (see acknowledgements). Santos Trafficante. a black market gold channel and money-laundry for the CIA. His death was horrific. Sam Giancana. they were all known as “Uncle. One of the figures to emerge in to the spotlight during the 1980’s who was deeply involved in this narcotics traffic was Colonel Oliver North – who authorised the exchange of guns for drugs to finance Contra operations. “John Caffrey.” This was the time when Carone was engaged in CIA controlled cocaine transactions with Joe “Pickles” Percilia. Dr.” One individual engaged in Amadeus activities was former Gestapo officer. Oliver North was known to Al Carone under his “work” name. THE DULLES FACTOR This highly secretive operation was part of the Operation Sunrise negotiations conducted between Allen Dulles – the then senior wartime OSS officer in Switzerland.distinguished with a Malta knighthood. These included such figures as Franz Stangl. known to the world as the “Butcher of Lyon. Tens of thousands of SS and others Nazi’s escaped capture as a result of the ratlines. Most interesting was Reinhard Gehlen the former Nazi intelligence expert recruited by the US in 1945-46 to head the “Gehlen Org” – a secret German-based intelligence arm of the United States that was composed of former SS & Gestapo agents – many of whom. perhaps.” The escape “lines” used to move wanted men around South America away from the prying eyes of Israeli agents also proved ideal as smuggling routes for drugs. The Morphia was accompanied by looted SS gold and large quantities of counterfeit British banknotes forged in concentration camps by captive but skilled counterfeiters as part of an SS scheme known as “Operation Bernhardt. The list goes on.” In other words the “cold war. This was Operation Amadeus. smuggled to Tel Aviv where he stood trial and was eventually executed. a covert operation that had its origin back in 1944. The result of these negotiations (at least those parts that are now known about) was an agreement affording amnesty to an extensive roster of SS-Gestapo forces . This debonair and well-connected SS officer commanded the SS and Gestapo contingents in Italy at the time.in exchange for their agreement to shift their allegiance to the West in the pre-planned covert battle aimed at defeating the Soviet communist “menace. Others to escape in this manner included Adolf Eichmann. One Vatican group that has extremely close ties to the Knights of Malta is the ultra right wing Opus Dei. escaped to Argentina and lived a long life.” South America at the end of the war in accordance with the “Sunrise” agreement. It will not come as a surprise.” The principal means of funding Operation Amadeus activities was the hugely profitable narcotics business.” One spin-off of these Dulles-Wolff arrangements were the Vatican run “rat-lines” that aided wanted Nazi war criminals to slink to safety. commandant at Treblinka extermination camp and his friend. in particular. . Eichmann was later captured by Israeli intelligence agents. whose public “do good” activities eclipse a plethora of the darkest political and financial machinations known to man. Operation Amadeus was exclusively concerned with the flight of SS and Nazi war criminals to the South American continent and their later ferocious covert actions against the indigenous populations justified under the banner of “anti-communism. who ran the Sobibor death camp. Gustav Wagner. a member of the Columbo crime family. including Klaus Barbie. but later to become the Director of the CIA – and SS General Karl Wolff. Joseph Mengele – known as the “White Angel” – a war criminal wanted for his cruel and inhuman experiments on death camp inmates at Auschwitz. Klaus Barbie. Large stocks of SS Morphia had been smuggled out of Europe and into “catholic. the architect of the Holocaust. In comparison. were wanted Nazi war criminals. The foregoing names amount to a listing of some of the most powerful and influential members of the western intelligence community over the last five decades. that Carone was closely associated with Opus Dei and. would be complimented with locally grown Cocaine. This is an immensely powerful faction in the Vatican today. Decades later the stocks of Heroin smuggled to the United States for distribution by the CIA protected Mafia. However. Charles “Lucky” Luciano. Roberto Calvi was deeply engrossed in helping Opus Dei take control of the IOR when he was killed. during WW11. He was also a personal friend of Argentina’s General Juan Peron and his close associations with Argentina would later lead him to be a key figure in shipping a supply of French made Exocet missiles to sink British Task Force ships during the Falklands war. and Mafia don. In terms of hierarchy. As earlier outlined. that is said to have been a “parallel government” in waiting and which planned to effect a coup d’etat in Italy following a communist party victory at the polls.000 Nazi’s were helped to freedom. founder of the Hawaiian based financial institution Bishop. Ortolani is also a member of the inner council of the Knights of Malta and has military intelligence connections that date back to WW11. Rewald. may seem somewhat duplicitous. P2 was run by former Italian fascist and member of the Nazi SS. both Calvi and Sindona were members of the secretive Propaganda Due (P2) Masonic lodge.These curious and usually concealed connections between governments – in the form of the military and intelligence community – organised crime. Benito Mussolini. in Calvi’s financial empire and would quickly grow to include the activities of Mafia financier. Vito Genovese. Not least was the secret agreement reached between US Naval intelligence officers. And while large numbers of former Nazi’s were fleeing south to fight the communist menace is Latin America – and. Meanwhile. the IOR. Michele Sindona – who’s activities. he had been deeply involved in establishing the Vatican run Ratlines that aided the worst Nazi war criminals to escape Allied justice at the end of WW11. These neo-fascist activities would come to prominence in the early eighties following the collapse of Banco Ambrosiano and the death of Italian banker. in the world of “black ops” “friends” and “enemies” are interchangeable words and working both sides of the fence is accepted practice. the spadework was being laid to overthrow. described by one writer as “the great Vatican door opener” and a “secret chamberlain of the Papal Household. or thwart.” In addition to his P2 connections. Roberto Calvi who was “suicided” and left hanging under London’s Blackfriars bridge.” organised under the aegis of Operation Gladio. democratically elected governments via a network of fascist-manned “Stay Behind Units. Gelli’s connections to the ultra hard right and fascists in Europe and Latin America were extensive. According to his family. Both Sindona and Calvi were close to Opus Dei who lost around $55 million when Sindona’s empire crashed. to personally profit from their involvement in the lucrative drug and gun business . This resulted in the Mafia’s decision to aid and assist the Allies by contacting mob figure. Dillingham & Wong – a CIA proprietary company and forerunner of the CIA owned Nugan Hand bank. This would lead to sensational disclosures about the role of the Vatican bank. In fact. would implicate leading blue-blood banks in Europe and America in Mafia activities. Not surprisingly this would also lead to certain involved figures making personal fortunes out of other people’s misery – a circumstance that is so common-place it is barely worth mentioning. more importantly. Gelli reported to Umberto Ortolani. In this endeavour he worked closely with Ronald R Rewald. All told an estimated 50. in turn. Baldwin. Gelli had numerous powerful friends including former Italian dictator.in Europe. Licio Gelli – dubbed the “Puppet Master” by the Italian press. . The involvement of a CIA front company engaged in financing and providing weapons to be used against a key American ally (Britain) that had the whole-hearted public support of the US government. the Vatican and Nazi war criminals have some significant history. in 1943 to prepare the way for the Allied landing in Sicily. it was primarily those SS-Gestapo units located in Italy under command of SS General Wolff that were initially concerned in the Operation Sunrise negotiations. if you could call it that.head of the Milan SD . Marshall describes her investigation of Robert Booth Nichols – one of the central figures of the Octopus whom she describes as being part of a secretive group known as “The Chosen Ones” and who wore “skull and crossbones rings. Walter Rauff . a Pale Horse” but later modified it to “The Octopus. of a “tracking” computer programme known as PROMIS. He was also the investment manager of the family fortune of his first wife’s aunt. in the old German SS occultism. which was founded in Spain in 1928. another fact stretches co-incidence to the point of bursting. that Annemasse is said to have been the centre for the anti-communist “Stay Behind” units of Operation Gladio. who was also the man in charge of laundering forged SS banknotes. Before the war.” who is a self professed Satanist – and who held a top secret security clearance for his work in military intelligence and on classified psychological warfare . Schwendt was an international arms dealer shipping weapons to China and Russia.” During her continuing investigation into the Octopus.THE OCTOPUS AND THE SPIDER There are numerous other Masonic groups and secret societies in Europe that move in and out of focus at various times. Baroness Gemmingen-Guttenberg. Danny Casolaro who at the time of his death was investigating a number of high level illegalities including the theft by the Department of Justice. Michael A. then another Nazi. one could conclude. Aquino. Another important link between the Vatican and SS escape routes was Friedrich Schwendt. a former US “Green Beret. they have numerous subterranean connections to fascists and those on the far right that date back to WW11. If this is not intriguing enough. sophisticated weapon technologies that included biotoxins.” published in 1982. In this.” This title is interesting for it may connect to the so called “Octopus” that ties-in to murdered Freelance journalist. journalist Carol Marshall (a pen name) followed up his investigation and wrote an [as yet] unpublished manuscript titled The Last Circle. Allen Dulles. One of these is the Priory of Sion – a secretive order that first came to public attention in the best selling book “Holy Blood – Holy Grail.by pumping exhaust fumes into the back of a hermetically sealed van. are styled as the “Guardians” of Solomon’s treasure but most interestingly. In recent years the Priory of Sion has moved its headquarters to Barcelona and now boasts a Spanish Grand Master. Marshall found that the SS occultism outlined above was connected to Lt. its tribal and inner circle rites.” After Casolaro’s death. The Priory is closely connected with the alleged treasure of Solomon that is said to have found its way to the small village of Rennes Le Chateau in south western France where it is said to have been buried by the Knights Templars. it has to be noted in passing. Rauff had overseen the development of the Nazi mobile gas vans. Almost all of them are catholic in nature. money laundering and murder-for hire. The Priory.” In a draft page of the book he described this group as an: “international cabal who freelance services covered parochial political intrigue. If Otto Skorzeny was a leading force in running the SS Brotherhood escape routes (Der Spinne – the Spider) after the war. of the vastly wealthy Argentine based Bunge family of the massive transnational firm Bunge Corporation that is also known as the “Octopus. forerunners of the Knights of Malta. Casolaro was writing a book about what he had discovered. drug trafficking.000 Jews – mostly women and children . Earlier in his career. espionage.” Casolaro further stated that this cabal had its origins “spawned thirty years ago in the shadow of the cold war. and shared a common interest.was one of two liaisons with the Vatican involved in the establishment of the Nazi smuggling system. This. known as “Black Ravens” that gassed to death around 100. Meanwhile. near Geneva on the Swiss border. He originally titled it “Behold. and SS General Karl Wolff was the lead negotiator with OSS Swiss Chief. whose headquarters were located at Annemasse. Col. is to enable it to be physically closer to the historical heartland of Opus Dei. in his book “Trading With The Enemy. throughout the cold war. The foregoing connections lend themselves to a larger picture of global interlocking right wing fascist groupings that operate in the shadow-land of deniable military and intelligence operations associated with profit during WW11 and. to note that one of the leading lights of the “Octopus. If one decides. there is the intriguing notion of the Vatican run Nazi escape lines of Austrian Catholic.S. War Production Board in partnership with Goring’s cousin in Philadelphia when American forces were desperately short of them? Or that such arrangements were known about in Washington and either sanctioned or deliberately ignored?” Higham’s “Fraternity” has similar characteristics to the so-called “Octopus” and also shows certain similarities to Colonel Oliver North’s “Enterprise. In this respect it is intriguing to note that the Priory of Sion. It is curious.matters.” All have engaged in the most dubious and illegal activities for profit and all operate hand in glove with organised crime. the Castle once used by SS chief Heinrich Himmler to create an SS order of Teutonic Knights based on the Knights Templars.has eight arms that surround its mouth (ensuring a constant . later. This led the author to ask: “What would have happened if millions of Americans and British people.” according to writer. indeed. “Murchison Oil Lease Company” was 20% owned by Gerardo Catena. as mentioned earlier. according to author Charles Higham. All lean so far to the right. one of the foremost Catholic groups under discussion use as a symbol something that is variously described as an octopus or a spider (l’araignee) on their documents.” Higham’s subsequent research proved the existence of this high cabal that he dubbed “The Fraternity” not only existed but benefited handsomely throughout WW11. on the other hand. the chief lieutenant of the Genovese crime family. flew from New York to Madrid to Berne during the war to help improve Hitler’s communications systems and improve the robot bombs that devastated London? Or that ITT built the Focke-Wulfs that dropped bombs on British and American troops? Or that crucial ball bearings were shipped to Nazi associated customers in Latin America with the collusion of the vice-chairman of the U. struggling with coupons and lines at the gas stations. Otto Skorzeny – and his SS Brotherhood’s “Der Spinne” – the spider.” Higham adds that he had also learned that “certain figures of the warring governments had arranged to assist in this [activity]. Murchison’s oil company. a “made man” of the Genovese mob in addition to his other associations. Aquino officiated at SS black magic ceremonies held at Wewelsburg. was ultra right-wing oil tycoon. The Octopus – or “Oct Opus” as one European documentary film producer renders the spelling when referring to Opus Dei (which began life on 2 October 1928) . Michigan? Or that Colonel Sothenes Behn. Throughout the second world war and thereafter there was. appear committed to stomping on ethics and moral values wherever they meet them. that the word “fascist” can be used without reservation. had learned that in 1942 Standard Oil of New jersey managers shipped the enemy’s fuel through neutral Switzerland and that the enemy was shipping Allied fuel? Suppose the public had discovered that the Chase Bank in Nazi-occupied Paris after Pearl Harbour was doing millions of dollars’ worth of business with the enemy with the full knowledge of the head office in Manhattan? Or that Ford trucks were being built for the German occupation troops in France with authorisation from Dearborn. therefore. Carol Marshall. The Priory association with the octopus could easily relate to the so-called “Octopus” described above where organised crime work hand in glove with operatives from US intelligence and the military.” a “general agreement of certain major figures of American. none of them care very much for the woes of humanity and. that the Priory symbol is a spider. ideologically speaking. Meanwhile. the head of the international American telephone conglomerate ITT. Clint Murchison – owner of the Dallas Cowboys football team. British and German commerce to continue their relations and associations after Pearl Harbour. THE BUSINESS OF GOD Al Carone was. The purpose of all these activities was. Opus Dei and a host of other Catholic-cum-fascist secret groups engaged in a litany of murder. the Alliance was “consolidated with the signing of a joint declaration between the Sovereign Military Order of Malta and the Most Venerable Order. David Rockerfeller. manipulation of financial markets and many other consummate illegalities. The activities of NW7 in Latin America before. Hughes de Payens has been accused by the Vatican to have been a Johannite. The stated purpose of these four. business. for example. But it can also be identified by these oddities. politics. the forces that prevail beneath the play of the shadows of the world…” as described by Nick Tosches in his book “Power On Earth” that tells the life story of murdered Mafia financier Michele Sindona? There is yet another interesting twist to this accumulation of associations: Prince Bernhard of the Netherlands. conducive to starving or dying. Italy’s kingmaker Gianni Agnelli and other illustrious figures. Meanwhile. embezzlement. and Lord Wakehurst. Interestingly. as the true Messiah. arms trafficking. in addition to his Bilderberg role and as head of the Dutch Johannite Order was also an honorary member of Himmler’s SS and worked in NW7 the global intelligence arm of I. Powerful and very influential figures from the world of banking. In facilitating and aligning itself with many of the foregoing activities. Farben that acted in the interests of the Nazi cause. Sweden and Great Britain (the latter being an ancient order known as the “Most Venerable Order”) is to:” to reduce to silence the enemies of Christ. the Vatican aimed to help eradicate a communist ideology that despised Christianity. during and after WW11 deeply interweave with this story. This shadowy and secretive group meet over a weekend in May each year under an almost total media blackout. strangely. Included regularly. the Bilderbergers. Leaving aside this brief foray into esoteric history it is as well to note that Prince Bernhard. was the same year that Prince Bernhard became head of the Johanitter Orde in Nederland. in his place. then Cesar on earth had better watch out… a new landlord has fallen into town. Nederland. arguably. State. two early Grand Masters of the Prieure of Sion are said to have had Johannite tendencies. Or are the three hearts of the Octopus more vital to identify? Could they be analogous to the “Church. money laundering. Not-with-standing that. known as the “Alliance” that are composed of North European nations (Germany. the group that are now in control of the Vatican are undoubtedly one arm of this global criminal network. This. drug peddling. it has been suggested that the Knights Templars were “infected” with the Johannite or Mandaean heresy that denounced Jesus as a “false prophet” recognising. London. trades unions and academia are invited.G. in this writers view. at St John's Gate.” In other words the Catholic and Protestant Orders bound themselves to work together to “silence the enemies of Christ” – a clear reference to Communism. but it is of significance that 26th November 1963. The first meeting took place in May 1954. John the Baptist. Opus Dei. to allow the Vatican to remain the spiritual bulwark of the Christian west. But if such business is the business of a church preaching of a God in Heaven. ENDS . concealing WW11 loot. These are protestant orders rather than catholic. by the Grand Chancellor of the SMOM. the media. The prince was the founding chairman of the publicity shy western power elite. one of four Orders that make up the Chivalric Alliance of Orders of Saint John (Alliance de Chevalerie des Hospitaliers de Saint Jean de Jerusalem). Lord Prior of the Most Venerable Order. the famous founder of the Knights Templars. These were Leonardo Da Vinci and Sir Isaac Newton. the Prince of Resuttano. and Mafia. are Dr. Henry Kissinger.supply of food) and three hearts and is not. therefore." The headquarters of the Alliance is located in Switzerland. Unpublished Manuscript by Peter Dale Scott on Barbie. The Bormann Brotherhood – William Stevenson (Arthur Baker – London. The Last Circle – an unpublished manuscript by Carol Marshall that investigates the so called “Octopus.com Trading With The Enemy – Charles Higham (St. martin’s press – new York.com) for her invaluable help.copvcia. by Mike Ruppert.solari. 1973).” My thanks also go to Catherine Austin Fitts ( www. 2) 3) 4) 5) 6) 7) 8) 9) . Edmundsbury Press – Suffolk -1983) Their Kingdom Come – Robert Hutchison (St. Dulles and Operation Sunrise and which details how the OSS-SS preserved each other while serving their true masters – transnational corporations. is available to order online atwww. 1997) Web of Gold – Guy Patton & Robin Macness (Sidgwick & Jackson – London. London 1991).Acknowledgements: The foregoing essay drew from an indispensable group of published work listed as follows. 1) A full account of the unique story of Al Carone. 2000) Ratlines – Mark Aarons & John Loftus (Mandarin.