Posted on 04/22/2005 10:51:44 AM PDT by Pikamax
Saddam invested one million dollars in Paul Martin-owned Cordex by Judi McLeod, Canadafreepress.com Friday, April 22, 2005
The Canadian company that Saddam Hussein invested a million dollars in belonged to the Prime Minister of Canada, canadafreepress.com has discovered.
Cordex Petroleum Inc., launched with Saddam’s million by Prime Minister Paul Martin’s mentor Maurice Strong’s son Fred Strong, is listed among Martin’s assets to the Federal Ethics committee on November 4, 2003.
Among Martin’s Public Declaration of Declarable Assets are: "The Canada Steamship Lines Group Inc. (Montreal, Canada) 100 percent owned"; "Canada Steamship Lines Inc. (Montreal, Canada) 100 percent owned"–Cordex Petroleums Inc. (Alberta, Canada) 4.6 percent owned by the CSL Group Inc."
(Excerpt) Read more at canadafreepress.com ...
"Wow. This will take years to come out,but we are starting to slowly find out why all these countries opposed us liberating Iraq.
FReepers suspected this all along of course."
I still contend that those treasonous scumbag f*cktwits McDermott and Bonior got $$$ from Saddam for what they did.
Has anyone said the key words for this story yet?
IT IS HUGH AND SERIES!!!!!
Depends on whether or not it was a Democrat or a Republican. If it were it a Democrat, to bring up the allegations is "divisive" and "mean-spirited". If it were a Republican, the media's only interest is figure out when to hold the impeachment hearings.
In my opinion the UN and their ties to the business men of the world leaves a lot to be desired.
I think these people are dirty as any mob family.
It looks like America has bee sold out by these creeps in New York.
Thats right. Absolutely RIGHT.
:-)
Now let's tell EVERYBODY!!!!
ADSCAM is the word.
Ping
All we've seen and heard so far is only the tip of the iceberg. This goes all the way up to Chretien. And Martin is not innocent.
List of shipping companies.......
Do we know any of these names?
i agree...but i suggest that you keep going right back to the Trudeau gang of goons including Paul Martin Sr....this crapola is old news that..the MSM has historically refused to report on for obvious reasons...good post though laddie ,...keep going....blog pressure will vaporize these jerks..MSM or no MSM...ask Dan Rather and JF Kerry
This is G o o g l e's cache of http://www.cbc.ca/news/background/martin_paul/businessinterests.html as retrieved on Apr 14, 2005 09:58:28
05:58 AM EDT
Apr 14
INDEPTH: PAUL MARTIN
Paul Martin Inc.
Justin Thompson and John Bowman, CBC News Online | Updated Feb. 4, 2004
From his days as a deckhand on a Lake
Erie fishing boat and later as a seaman on
ocean-going ships, Paul Martin has long
had an affinity for the sailor's life. And
although he graduated with university
degrees in law and philosophy, he returned
to the nautical life to claim his eventual
fortune. In 1974 he became president of
Canada's largest shipping company,
Canada Steamship Lines (CSL). Seven
years later, he and a business partner
bought the company outright for $189 million.
But success in the business world has complicated Martin's political career.
When his political star rose in the 1990s and he became Canada's finance
minister, Martin signed an obligatory blind management agreement to
avoid a potential conflict of interest. Under the agreement an interim
manager was appointed to assume virtually autonomous operational
control of Martin's companies. Technically, Martin could only be involved in
the affairs of his companies in the event of extraordinary circumstances,
and with the blessing of the federal ethics commissioner.
The Canadian Alliance criticized him for ignoring these requirements by
receiving updates on his companies while he was finance minister. Alliance
members said Martin's business holdings would create a conflict of interest
for Canada's 21st prime minister.
Martin also came under fire from former Progressive Conservative leader
Joe Clark, who charged that the former finance minister was in direct
conflict of interest when he did not close Canadian tax loopholes for firms
like CSL that do business in the Barbados. Barbados is a tax haven for
foreign companies where they can avoid paying their country's taxes and
wages. Some of CSL's subsidiaries are registered in Barbados and pay
almost no tax on their profits.
In August 2003, when Martin was running for leadership of the Liberal
party, he transferred his interest in CSL to his three sons to try to head off
any allegations of conflict of interest. Martin had initially argued that he
could run both his company and the government, but critics said shipping
is so tightly regulated by the federal government that he would constantly
find himself in conflict.
In January 2004, Ottawa said CSL had received $161 million in government
contracts, grants and contributions since 1993. That figure was more than
1,000 times higher than the figure Don Boudria, then government House
leader, gave in 2002 when Canadian Alliance MP James Rajotte asked
about the government's dealings with the company.
Martin said he was "appalled" when he heard the amount originally given,
$137,000, and said he demanded a complete explanation.
In defending the amount of business the government gave to CSL, Martin
pointed out that the company and its subsidiaries were given $82 million in
contracts in 1993, when the Progressive Conservatives, not his Liberals,
were in power.
In February 2004, Martin asked Auditor General Sheila Fraser to investigate
why the government reported the lower figure for the amount of business
CSL got from the government.
Here is a look at what Martin's family owns:
Canada Steamship Lines
Before August 2003, Martin and his wife Sheila owned all of the company's
voting shares. The sons – Paul William, James and David – owned the
common stock. Although CSL is privately held and therefore not required to
publicly disclose its financial records, CanWest News reported in early 2003
that CSL controlled assets worth upwards of $693 million and had annual
revenues of $283 million.
The company operates a fleet of self-unloading bulk carrier ships on the
Great Lakes-St. Lawrence. Its parent company – CSL Group Inc. – is
headquartered in Montreal, and operates offices in Halifax, Winnipeg,
Burlington, Boston, Singapore and Sydney, Australia. The company
operates 37 bulk carriers across the world under the banner of Canada
Steamship Lines and CSL International based in Massachusetts. According
to company literature, it's "the largest fleet of dry bulk self-unloading
vessels in the world."
Martin first joined the company in the 1970s when it was owned by the
Power Corp. He was appointed CSL president in 1974. Seven years later,
he and partner Laurence Pathy bought the company for $189 million.
Martin bought Pathy out in 1988 and took full control.
CSL Equity Investments Ltd.
The CSL Group owns 50 per cent of CSL Equity Investments Ltd., which
owns a broad portfolio of property in Alberta, Quebec, Ontario, Arizona and
Colorado, including condominiums, office buildings and property. The
company also controls shipbuilding and ship design companies on the
Great Lakes
Maurice Strong is a destructive bastard on the level of George Soros and I rejoice to see the beginning of their respective exposures--certainly not in the rotten old media, but definitely in the new and effective world of blogs!
In other words, he's hand-picked by the U.N. to travel to rogue nations (especially North Korea) to secure bribe money. He gets to personally broker the deals to make his U.N. buddies rich(er) and skim a nice percentage off the top for himself. I'd like to see this bastard meet with an "accident" at the hands of special forces guys from a country that he screwed over (or one that just wanted to rid the world of a piece trash).
To horse, Nelson!
Sic Sgt. Bruce on him! He always gets his man!
On through the hail, like a pack of angry wolves on the trail (we are after you)
Dead or alive, We are out to get you Dead or alive (And we'll get you sure)
If you're the one better run, better run away.
Son you are done, you are done, throw your gun away.
Here come the Mounties to get the man they're after now!
(Go get 'em Nelson!)
The chickens are finally coming home to roost...
hmm...a flow chart...Alamogirl, I think has a Clinton crime flow chart....and I suspect we all know it intersects somewhere with the Oil for Food chart...and when we find that we'll know why BillyJeff and Hillarhea!! were happy to sit on their hands and define terrorism in terms of David Koresh and Tim McVeigh!
Hey, this doesn't rhyme aye?
Bribes come in interesting forms.
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