Mr Gently Benevolent
02-02-2010, 01:16 PM
U.S. ties Israeli billionaire with Chinese intelligence
By Yossi Melman
The Admiralty complex is one of the trademarks of Hong Kong's urban landscape. Overlooking the port, the complex used to house the soldiers of the British army and the headquarters of the Royal Navy in the region. Today it is part of the city's business center. One building there houses a group of companies nicknamed the 88 Queensway Group (the address of the building), which the U.S. administration suspects is nothing more than a cover for activity conducted by the People's Republic of China's foreign intelligence. Wu Yang, one of the group's senior directors, provided the Registrar of Companies in Hong Kong with an address that matches the address of Chinese foreign intelligence.
The suspicions were spelled out in a report recently compiled by the U.S.-China Economic and Security Review Commission, which was established by Congress in 2000 in order to "monitor, investigate and submit to Congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and the People's Republic of China, and to provide recommendations, where appropriate, to Congress for legislative and administrative action." The report noted, among other things, that the group of Chinese corporations has business ties with Israeli businessman and diamond magnate Lev Leviev. ...............................
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The Chinese companies are assisted in some of their international activities by the Angolan government, a rising economic power in Africa, and particularly its national oil company Sonangol. The report mentions three international businessmen connected to the Angolan-Chinese cooperation, with the help of a company called China-Sonangol, which is registered in Hong Kong. China-Sonangol is part of the 88 Queensway Group.
One is Helder Battaglia, a Portuguese businessman with close ties to Angolan President Jose Eduardo Dos Santos, as well as Chavez and Kirchner. Battaglia has varied investments in Angola, Congo and Latin America. The second is Pierre Falcone, a French businessman who was Arcadi Gaydamak's partner, and together with Gaydamak was involved in supplying arms to the tune of about $800 million to Angola in the 1990s. Falcone, Gaydamak and others were recently convicted in a French court for illegal arms trade conducted in the '90s. In recent years, Falcone moved the main center of his business to Beijing, and has become the person who opens Angola's doors to China (for huge fees). Gaydamak is not mentioned at all in the report; it is known that he is at odds with Falcone and the two are embroiled in legal proceedings over the profits of the arms deal.
http://www.haaretz.com/hasen/spages/1145688.htmlLooks Lev Leviev business interests will be under constant scrutiny.
By Yossi Melman
The Admiralty complex is one of the trademarks of Hong Kong's urban landscape. Overlooking the port, the complex used to house the soldiers of the British army and the headquarters of the Royal Navy in the region. Today it is part of the city's business center. One building there houses a group of companies nicknamed the 88 Queensway Group (the address of the building), which the U.S. administration suspects is nothing more than a cover for activity conducted by the People's Republic of China's foreign intelligence. Wu Yang, one of the group's senior directors, provided the Registrar of Companies in Hong Kong with an address that matches the address of Chinese foreign intelligence.
The suspicions were spelled out in a report recently compiled by the U.S.-China Economic and Security Review Commission, which was established by Congress in 2000 in order to "monitor, investigate and submit to Congress an annual report on the national security implications of the bilateral trade and economic relationship between the United States and the People's Republic of China, and to provide recommendations, where appropriate, to Congress for legislative and administrative action." The report noted, among other things, that the group of Chinese corporations has business ties with Israeli businessman and diamond magnate Lev Leviev. ...............................
...............................................................................
The Chinese companies are assisted in some of their international activities by the Angolan government, a rising economic power in Africa, and particularly its national oil company Sonangol. The report mentions three international businessmen connected to the Angolan-Chinese cooperation, with the help of a company called China-Sonangol, which is registered in Hong Kong. China-Sonangol is part of the 88 Queensway Group.
One is Helder Battaglia, a Portuguese businessman with close ties to Angolan President Jose Eduardo Dos Santos, as well as Chavez and Kirchner. Battaglia has varied investments in Angola, Congo and Latin America. The second is Pierre Falcone, a French businessman who was Arcadi Gaydamak's partner, and together with Gaydamak was involved in supplying arms to the tune of about $800 million to Angola in the 1990s. Falcone, Gaydamak and others were recently convicted in a French court for illegal arms trade conducted in the '90s. In recent years, Falcone moved the main center of his business to Beijing, and has become the person who opens Angola's doors to China (for huge fees). Gaydamak is not mentioned at all in the report; it is known that he is at odds with Falcone and the two are embroiled in legal proceedings over the profits of the arms deal.
http://www.haaretz.com/hasen/spages/1145688.htmlLooks Lev Leviev business interests will be under constant scrutiny.