China Spygate: Arrest of Huawei CFO

Canadian officials arrested Huawei’s CFO, Meng Wanzhou, for allegedly violating sanctions against Iran. Canada claims they did so at the behest of the US and extradition will follow.  But no one in the US seems to have a clue who ordered the arrest, and given that arrests for sanctions violations have never been conducted by the US, the entire scheme seems more than a bit odd, if not a setup, if not falsely reported.

Typically, charges for violations are brought by the Justice Department and involve heavy fines – not arrests.  In this case, HSBC was the favored means of laundering according to reports.  HSBC has a history of laundering with the dubious honor of holding the largest sanctions fine as of 2012 at $1.3 billion as part of a prosecution agreement and $665 million in civil penalties.   At the time, the customers included Cuba, Iran, Libya, Sudan and Burma.  No individual was prosecuted.  In 2014, BNP beat the previous honor and agreed to fork over $8.9 billion in penalties after admitting to laundering transactions involving Iran, Sudan and Cuba.  NO prosecution of individuals ensued.

Bolton has claimed he was both aware in advance – and unaware of the arrest.  Trump was most emphatically unaware, which begs the questions who, why, and how?

The announcement was parlayed on the same day that Trump announced progress in trade talks with China’s Xi Jinping.  And thus alludes to the belief that the arrest was an attempt to defrock the positive and tank the stock market.   China has been relatively quiet, Xinhau News making no comment today, and yesterday relaying a press release that was the only press release available to all media outlets.

Canada has released partial information given a ban on media was requested and granted on Ms. Wanzhou’s request.   According to the Canadian government, they state that Wanzhou, who is ‘Chinese’ is suspected of working for the Chinese government and is a spy.  Which would make the Iran sanctions violation a distraction over the real reason for the arrest.

Ren Zhengfei, founder and President of Huawei Technology, is Wanzhou’s father.  Ren was a member of the Peoples Liberation Party where he worked in the military division as an IT Researcher.  He later joined the Communist Party of China.

Due to his military and Party affiliations, India felt Huawei presented a security concern and barred them from winning particular contracts.   Other countries have made similar security concern comments, but no one – did anything.   Huawei’s attempt to buyout US 3Com was forcibly collapsed due to spying concerns.   They have been on the radar and skated.

Hauwei manufactures telecommunications equipment, smartphones, and networking equipment.  Allegations have arisen that its equipment could contain ‘backdoors’ allowing unauthorized surveillance by the Chinese government and the PLA.  The company response was that their equipment posed no greater threat than any other company – which is legal speak for ‘everyone’s doing it’.  As such, miffed, August 2018, they stated that they would pull out of the US market.  Not quite so easily done.

Huawei is enmeshed in various partnerships with:  Motorola, T Mobile, Honeywell, GE, Deutsche Telekom, Groupe PSA, Symantec, Siemens and others.  Well ingrained in equipment throughout the world, it has overtaken Apple in sales of smartphones and is well on its way to being one of the top five cloud computing companies.

Obviously the Iran sanction violation is a media distraction.  The gag order is being contested.  But given the fact that China is actually being relatively silent regarding the entire situation would indicate that they know considerably more.

The arrest might also be a different backdoor – a bargaining chip…

For an arrest to have been made, evidence of the allegations would be necessary.  The Justice Department is currently head by Acting Attorney General, Matthew Whitaker, hardly a light weight.   He is an avid Trump supporter, and faithful to draining The Swamp.

The media has claimed that William Barr heads the list for Trump’s pick for Attorney General, however whether Barr wants the nomination is unclear and confirmation could easily take months, thereby giving Whitaker reign on the possibility of China spygate.

Tariffs anyone?

 

James Comey: Death of a Salesman

In the play, Death of a Salesman, Willy Loman vacillates between different perceptions of his life. After confronting his boss and demanding a better situation, Willy gets angry and finds himself fired. Caught in a series of lies, debt and a downward spiral, Willy ultimately kills himself enabling his wife and sons to reap the benefits of his life insurance policy.

There seem to be parallels in the life of FBI Director, Comey and Willy Loman. His testimony revealed a weak, unethical, small man unable to take a leadership position, which ultimately resulted in an anger vent that resulted in his getting fired. Now caught in a series of lies, leaks and unlawful actions, Comey is spiraling.

Hillary’s hacked emails and personal server, opened up ‘an investigation’. Former Attorney General, Loretta Lynch, meets with Billy Clinton on his private plane, has a private discussion, and then apparently tells Comey to back off, don’t call it ‘an investigation’, but refer to it as a ‘matter’ so that Hillary’s run for President won’t be impacted.

The Swamp is coming apart at the seams.

Comey got caught in a lie: Comey declared that his ‘leaking’ was a consequence of Trump’s tweet, but in fact the tweet came after the leak.

So we now have a man who was in the position of one of the US government’s highest order and power, admitting that he succumbed to pressure/blackmail in the Hillary email scandal, and just now lied before a Congressional Committee.

During Comey’s short tenure as FBI Director, the department is said to have fractured and as a result of his actions the FBI and Comey are now subject to investigation.  Their reputation in the twalette, and turmoil prevails.

What happened?   It is no coincidence that Comey was appointed as FBI Director in 2013 by Obama, and the same year appointed as Director of HSBC bank holdings. In fact, HSBC created a new committee just for this position, Financial System Vulnerabilities Committee, whose primary focus was ‘risk management’, i.e., preventing money laundering, terrorist financing, and ‘intelligence’. Whoa Nelly – OUCH!  Conflict of Interest?

  1. HSBC is a British company, having shut down it’s US finance arm in 2009
  2. HSBC was heavily involved in the Clinton Foundation.
  3. Theresa May’s husband works for a US investment fund, Capital Group, which closely advises HSBC.
  4. Capital Group lists one ‘private client’ – the US.

In 2012, HSBC was under a US Senate Investigation for money laundering, failure to conduct due diligence, suspicious activity reports, and inadequate and unqualified staffing and leadership.   Their hand was slapped and they were fined $1.9 billion which represented roughly 10% of their 2011 profit.  Shortly thereafter Comes is appointed to Director of FBI and simultaneously as the Director for HSBC ‘risk management’.

In 2016 two HSBC executives were charged with a $3.6 billion currency scheme which defrauded HSBC clients and manipulated the foreign exchange market.  These executives had clients who contributed generously to the Clinton Foundation.

Today HSBC is involved in an investigation brought by Belgium authorities again for  money laundering through their support of clients in the lucrative and unsavory diamond business involving numerous mega-wealthy individuals.

It would appear their new and improved risk management Committee with Comey as Director was not terribly effective…  Or maybe it was.

Obviously, the Swamp has extended its tentacles across the Atlantic into a UK partnership.

What is the Soros HSBC connection?

In 2003, with a shove and a push from Soros, Tony Blair created EITI, Extractive Industries Transparency Initiative, which monitors all the resources in Africa – including the diamond industry.  In 2006 Soros was appointed as governing secretariat.  Under the Soros arm of Global Witness, Soros basically took control of the diamond industry, and is thus the Kingman behind ‘blood diamonds’ creating massive wars, deaths, and resource grabs in Africa.  In 2011, Soros backed, RITC Syndicate Management, bought the insurance division of HSBC.

Just prior to the appointment of Comey as the Director of the new HSBC risk management committee, HSBC and the Clinton Foundation were discovered to have profited upwards of $81 million in ‘donations’ that flowed from money laundered accounts at HSBC to the Clinton Foundation, which included the Chagoury family of Nigeria who purportedly pledged $1 billion.  Chagoury fled arrest in Nigeria for purported implication in bribery, and helping the former President of Nigeria and his family stash solen funds from the government in the amount of $66 million.

The Clinton Foundation was never charged in the HSBC money laundering scandal, while the two HSBC executives were arrested.

Where was Comey?

Most likely cutting a deal to become the wealthy co-conspirator…2013.  Presently, Comey’s net worth is estimated to be in the $15 million range, although given his tenure at USBC, where money laundering “was” historically flagrant, his true worth is questionable.

 

And so we are led down a path of lies, leaks, fraud, money laundering, and more, with James Comey appearing to follow in the footsteps of Willy Loran – while Comey is quite alive, his reputation, his integrity, his respect and his leadership have seemingly come to a very dark death.