911 - Bush - Hamilton Bank - Ex CIA
Hamilton Bank, Ex-CIA
Operatives, & 9-11 Hijackers
By Wayne Madsen
Researchers and investigators have uncovered links between a Miami
bank that collapsed in 2002 amid a fraud scandal that was highlighted by
billions of dollars in questionable cash and fraudulent loans and money
movements linked to the Bush family and businesses linked to funding
pilot training for the 9-11 hijackers.
After the collapse of Hamilton Bank of Miami, the Federal Deposit
Insurance Corporation (FDIC), an entity that WMR has reported has been
transformed by the Bush administration from a regulatory agency into an
investment center, and the Israel Discount Bank assumed liability for
the insured accounts. The FDIC assumed liability for half the accounts
and the Israel Discount Bank took over the other half. Three Hamilton
branches were reopened by the Israeli bank as "IDC." Insiders report
that Hamilton Bank was involved in joint (and possibly rogue)
U.S.-Israeli intelligence and money laundering operations.
In 2002, The Miami Herald reported that bags of cash from Latin
American political leaders would routinely be flown to Hamilton Bank for
money laundering. The Herald reported that one of Hamilton's customers
was then-Panamanian President Mireya Moscoso. Hamilton maintained an
office in Panama. According to court documents filed by the Office of
the Comptroller of the Currency, Hamilton's dubious loans to Maximo
Haddad, the owner of the Mexican construction firm PYCSA that built a
private toll road in Panama and the owner of two offshore companies,
Perpetual International Holdings and Alderly Management; Manuel Cohen,
the Panamanian Consul General in Miami and the managing director of
Alexander H Finance Co.; failed banks in El Salvador and Ecuador;
Metrobank International (Vanuatu); Metrobank Panama, and a Florida
drapery and window covering firm with subsidiaries in Texas, Venezuela,
Brazil, El Salvador, Australia, Mexico, Spain, and Puerto Rico "appeared
to have no legitimate business purposes.'' Hamilton Bank has been
described by intelligence insiders as a front operation for
intelligence-related activities that may include, in addition to money
laundering, weapons and drug smuggling.
Now defunct Hamilton Bank: Interesting clients As previously reported
by WMR last July (Intelligence Whispers), "In 1995, a $10 million
transfer was made to Houston. The source was the Saudi Royal family. The
funds were transferred to Nations Bank via Banca Svizzera Italiana via
SWIFT. On September 28, 1995, a $50,000 check was cashed at Nation's
Bank of Pasadena, Texas. It allegedly originated from the $10 million of
transferred funds from Saudi Arabia and the payee was "Fayyaz Ahmed."
Fayyaz Ahmed, aka Fayez Ahmad, was also named as one of the hijackers
aboard United 175 that crashed into the South Tower of the World Trade
Center . . .
The account from which the $50,000 was paid was in the name of
Treatment Services of the Southwest Corporation, 14359 Torrey Chase
Blvd., Suite D Houston TX 77014-1635, in North Harris County --check
number 266-406556-1; Tax ID # 76-0455993. Much of the funds eventually
ended up in Phoenix, later the location of some of the 911 hijacker
Ahmad also used the aliases Banihammad Fayez Abu Dhabi Banihammad,
Fayez Rushed Ahmed, Banihammad Fayez, Rasid Ahmed Hassen Alqadi, Abu
Dhabi Banihammad Ahmed Fayez, with the FBI officially tagging him as one
Fayez Rashid Ahmed Hassan al Qadi Banihammad. Fayyaz Ahmed had been a
resident of Delray Beach, Florida. The FBI later said that the "Fayyaz
Ahmed" who cashed the check in Pasadena was merely a student paying for
college tuition but the note on the check states "contingent for travel
expenses." Dallas, Texas was also one of the locations used by the
hijackers for flight simulator training. One of the flight training
"tasks," the hijackers trained to do was to maneuver planes between
World Trade Center 1 and 2.
According to information recently obtained by WMR, the facts about
the money transfer are maintained in the Superior Court of Arizona,
Maricopa County, "In the Matter of the Proceeds of Account 41C-07029 RDC
Holdings Co. , Inc." The FBI in Arizona has investigated the case but
may be under pressure not to follow certain leads that could lead to the
Bush family and their business associates.
According to a source close to the case, the $10 million was moved
from Bluelake World SA, a Switzerland-based firm, via Topaz Liberty and
Andromeda International (both Panamanian firms), to the account of
Southwest Services of Houston, the account from which Fayyaz Ahmed was
Another intermediary for the funds transfer was reportedly Hamilton
House of Nassau, Bahamas, a possible off-shore entity of Hamilton Bank
in Miami. The financial network that moved the $10 million to Arizona
and Texas reportedly has close links to Potomac Capital, a Geneva-based
entity set up by CIA Director George H. W. Bush in 1976.
The Bush financial networks involved with Metrobank and Hamilton also
involve the entry of illegal foreign money into the 2004 Bush-Cheney
campaign. See November 2004 article.
This letter, sent to the Senate and House Intelligence Committees'
ranking members, is also germane to the issue of U.S. support for Saudi