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Global Double Crossing ^ | February 27, 2003 | Charles R. Smith

Posted on 02/27/2003 3:31:56 PM PST by backhoe

Sent: Thursday, February 27, 2003 4:44 PM
Subject: Global Double Crossing

Official bio of Li Ka Shing and other documents

Global Double Crossing
Charles R. Smith
Thursday, Feb. 27, 2003
Li Ka Shing and the Chinese Army

Hong Kong billionaire Li Ka Shing is having a hard time getting what he wants.
Li currently is trying to buy the remains of the defunct telecommunications
giant Global Crossing.

Li's troubles stem from his close working relationship with the Chinese army, a
federal regulation board reluctant to give approval, and new competition from
U.S.-based IDT Corporation.

It is a fact that Global Crossing's favorite proposal comes from Li Ka Shing,
along with an 8 percent cut for Global executives if Li is successful in the
takeover bid.

However, Global Crossing negotiations with the Committee on Foreign Investment
in the United States, or CFIUS, have run into a snag. According to reports, FBI
officials have voiced opposition to a Li Ka Shing buyout of Global Crossing.

Why would the FBI have cold feet about an innocent billionaire from Hong Kong?
The answer to that question comes from hundreds of documents forced from the
Clinton administration by legal action.

Li's Secret Dossier

Li Ka Shing owns the huge shipping firm Hutchison Whampoa Ltd. and the giant Far
East investment firm Cheong Kong Holdings. According to a 1994 dossier written
by an "intelligence agency," Li has "significant economic and political ties to
China," including investments in "a power station, a highway construction
project and a large contribution to Shantou University."

Li Ka Shing also had legal troubles and has a known criminal record. According
to the Clinton White House documents Li was "found guilty of insider trading
after a widely publicized trial in 1984; he was not punished by the courts."

Li was also a "member of the boards of directors of the China International
Trust and Investment Corporation (CITIC)." CITIC is the bank of the Chinese army
(People's Liberation Army, or PLA), providing financing for Chinese army weapons
sales and Western technology purchases.

CITIC serves as the chief investment arm of China's central government and holds
ministry status on the Chinese State Council.

CITIC also owns a controlling interest in the Hong Kong-based Asia Satellite
Telecom Co. Ltd., or AsiaSat. AsiaSat, a company founded in 1988, operates
several communications satellites in the Far East bought from U.S. manufacturers
such as Hughes.

AsiaSat also signed an exclusive deal with billionaire Li Ka Shing to carry his
STAR television service - 54 channels of premium cable/satellite television
including MTV, reruns of American sitcoms dubbed in various languages, and
pay-per-view X-rated movies.

AsiaSat and CITIC are also front companies for the PLA. In addition to the
direct TV broadcasts of STAR, AsiaSat satellites also regularly carry
communications traffic for Chinese military units and Chinese military-owned

Thus, with Li Ka Shing's help, the profits from X-rated films and American
Per-Per-View TV channels help fund Chinese army satellite communications.

Li and the Chinese Army

A 1996 report written by then U.S. Ambassador to China James Sasser alleges that
the Chinese Ministry of Posts and Telecommunications (MPT) and Chinese
billionaire Li Ka Shing were both directly involved with the PLA in financing
the communications networks for the Chinese army.

According to the report, "Already, foreign companies are interested in the new
PLA-backed entity that is likely to emerge over the next year. Recent press
reports indicate that Hutchison Whampoa may be involved with the PLA about
possible funding options."

The report also states that the PLA was directly involved in the so-called
"civilian" Chinese fiber optic communication systems. Sasser's report noted that
the PLA actively worked on a Ministry of Posts and Telecommunications (MPT)
fiber optic network that the Clinton administration stated was "civil" for the
House National Security Committee.

"For example," wrote Sasser, "in laying long distance fiber optic lines for the
MPT's telephones and digital data network, the PLA has provided soldiers to do
much of the work. The PLA cadres are considered disciplined and hard working.
Once the cable has been laid, the MPT typically allocates some of the bandwidth
to the PLA."

"The PLA is already involved in telecommunications in a number of other areas,"
stated Sasser in his report. "The PLA is probably involved in operation of some
networks, particularly in southern China."

Li and the Chinese Navy

Li Ka Shing's closest tie to Beijing is also his global business partner. The
national flag shipping carrier for communist China, the Chinese Ocean Shipping
Company, better known as COSCO, has an exclusive contract with Li Ka Shing's
Hutchison Whampoa.

According to a House Task Force on Terrorism, there is "information" on COSCO
that President Clinton would not allow to be made public.

"Although presented as a commercial entity, COSCO is actually an arm of the
Chinese military establishment. The Clinton administration has determined that
additional information concerning COSCO that appears in the Select Committee's
classified Final Report cannot be made public," states a 1998 special report
written by the House Task Force on Terrorism and Unconventional Warfare.

Why would the House Task Force on Terrorism investigate the Chinese flag
shipping company? Perhaps it is the fact that COSCO is considered to be part of
the Chinese navy. COSCO ships frequently take part in Chinese military exercises
and have been armed with missile launchers.

In another example appearing in a June 1998 article published in the Washington
Times, U.S. intelligence agencies tracked a COSCO ship carrying weapons
materials and electronics destined for Pakistan's major nuclear weapons

Li as a Threat to U.S. Security

Still another declassified document, an "Intelligence Assessment" prepared by
the U.S. Southern Command Joint Intelligence Center, is heavily blacked out and
classified "TOP SECRET//X1."

The assessment was prepared in October 1999, two months prior to the official
turnover of the Panama Canal. According to the U.S. military assessment, the
Chinese firm that acquired control of the canal, "Hutchison Whampoa," is a

"Hutchison's containerized shipping facilities in the Panama Canal, as well as
the Bahamas, could provide a conduit for illegal shipments of technology or
prohibited items from the west to the PRC [People's Republic of China], or
facilitate the movement of arms and other prohibited items into the Americas,"
concluded the U.S. military intelligence report.

In addition, the U.S. government was not the only entity aware of Li Ka Shing's
close working relationship with the Chinese army. In 1997, the Rand Corporation
wrote a secret report on the "Chinese Defense Industry" and it also included a
section on billionaire Li Ka Shing. The Rand report was also obtained in a
successful federal lawsuit against the Commerce Department.

The Rand Corporation report highlights Li Ka Shing's direct connections to the
Chinese military. According the Rand report, "Hutchison Whampoa of Hong Kong,
controlled by Hong Kong billionaire Li Ka Shing, is also negotiating for PLA
wireless system contracts, which would build upon his equity interest in
[Chinese army] Poly-owned Yangpu Land Development Company, which is building
infrastructure on China's Hainan Island."

I have so many documents linking Li Ka Shing to the Chinese army that I cannot
present them here in a single article. Li Ka Shing's efforts to snatch up Global
Crossing is an obvious effort to grab the multibillion-dollar communications
facilities that Global has with the CIA, FBI, U.S. military and U.K. military.

Access to these networks, and the networks of major Western corporations run by
Global, would be a goldmine for the PLA HQ 2nd and 4th Departments. The
opportunity to plant bugs within these networks and to manipulate the clearances
of maintenance workers who must service these classified networks would be

The consequences of such a sale would be to provide an opportunity for
commercial and military espionage on a global scale.

Li Inside the Halls of Congress

Would such a thing ever happen? Keep in mind that Hughes hired the son of a
Chinese general into a classified position for satellite technology. According
to the State Department, which has charged Hughes with violating national
security, Hughes did this in order to influence satellite contracts pending
before the Chinese general. Hughes did not inform U.S. officials of the nature
or relationship of the general's son.

Would Li Ka Shing do such a thing? In 1994, Li sent K.S. Wu to America. Wu, then
the chairman of Pacific Century Group, a foreign-based company partly owned by
Li, obtained a seat with Ron Brown to travel back to China for a U.S. trade
mission. In fact, Wu met with his boss, Li Ka Shing, during the 1994 trade trip
on the U.S. taxpayers' tab.

Wu traveled to China in August of 1994 with a self-described "close" friend,
Democrat West Virginia Governor Gaston Caperton. In 1996, Caperton described
K.S. Wu as a "close friend" and a "trusted advisor to Senator Rockefeller."

Today, none dare speak of Mr. Wu. Former Governor Caperton and Democrat Senator
Rockefeller both refused to comment on the late K.S. Wu. All questions to the
senator's office on K.S. Wu have been greeted by with the same answer, a short
and angry "no comment."

However, Mr. Wu and Li Ka Shing shared more than just a single trade trip to
China in 1994. Wu's attendance at such high-level events becomes less of a
mystery when he and his so-called America investment company come into focus.
Wu, according to the official Commerce Department information sheet, was
chairman of Pacific Century Group, an investment firm working to finance
electric power plants inside China with U.S. money.

Li and Organized Crime

Pacific Century, according to sources on Capitol Hill, is actually a front
company partly owned by Li Ka Shing and Macau prostitution drug lord Ng Lapseng.
The U.S.-based business, run by Wu, was actually then owned Li and a major
organized crime boss. The Ng family dominance of Far East heroin, and oriental
female love slaves in California, Oregon and Washington is well known to law
enforcement at both the state and federal levels.

In fact, the CEO of Pacific Century, K.S. "Wu," was related to Ng. Ng, also a
major donor to the DNC, often introduced himself as "Mister Wu." K.S. Wu was a
cousin of Ng Lapseng.

Crime lord Ng actually entered Clinton's inner circle by introducing large
amounts of cash to the DNC. Proof of this can be seen in a wonderful photograph
of Mr. Ng with Mr. and Mrs. Clinton at a DNC fund-raising event.

K.S. Wu died in late 1995. No one will comment on his death. No one will comment
on his life. No information is available on how, when or even if Mr. Wu died.

K.S. Wu's information sheet included several different phone numbers for the
Pacific Century Group. Attempts to seek more information from Mr. Wu's company
were fruitless.

It should shock no one to find that repeated calls to the Pacific Century Group
about ex-chairman K.S. Wu were not returned. No Pacific Century official would
comment on their departed CEO, the deals in China or their relationship with the
Democratic Party.

However, Li Ka Shing knows. Li appointed his son Richard Li to take over Pacific
Century after K.S. Wu's mysterious death.


TOPICS: Crime/Corruption; Extended News
KEYWORDS: strategicindustry

1 posted on 02/27/2003 3:31:56 PM PST by backhoe
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To: backhoe
I ran across a connection between Hutchison Whampoa and the 2000 Presidential election.

On the afternoon of the 2000 Presidential election the DNC, through the Martin Agency contracted a telemarketing firm called Telequest in Wichita Falls, TX . (Reference New York Times 11-11-200 David Firestone-Party mobilized…)

The DNC wanted to plant the story in the minds of Palm Beach County voters that the butterfly ballot confused them and they used Telequest to carry this out.

These were not machine calls, they were personal interviews (Reference New York Times-5,000 calls made with 2400 people telling callers they may have made a mistake).

Three days after the election, out of the blue, an Indian multinational named Essar Group made their first ever acquisition in the U.S.. The Essar Group bought a tiny telemarketing firm in Wichita Falls called Telequest.

Essar is closely connected to Hutchison Whampoa, in fact, Hutchison-Essar Telecom is one of the major Telecom corporations in the Pacific region.

After the acquisition of Telequest, press reports about the incredible activities that occurred in the offices at Telequest election night ceased. Later, Telequest was liquidated. Essar changed their mind about entering the U.S. telemarketing market.

2 posted on 02/27/2003 4:10:29 PM PST by honway
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To: backhoe
Bumped and bookmarked
3 posted on 02/27/2003 4:20:38 PM PST by Cultural Canary
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To: honway
I greatly appreciate that extra information.

As is my custom, a link to this will go out with others to about 40 letters to editors, talk show hosts, and general citizens across the web.

4 posted on 02/27/2003 4:22:36 PM PST by backhoe (The 1990's will be forever remembered as "The Decade of Fraud(s)...")
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To: Cultural Canary
Thanks for "looking & booking..."
5 posted on 02/27/2003 4:26:07 PM PST by backhoe ("Time to kick the tires & light the fires-- Let's Roll!")
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To: honway
Very interesting. I'll bet Sen. Fienstein in CA is wetting her pants if this deal doesn't go through. I also wonder how involved the Clintons are?
6 posted on 02/27/2003 5:34:50 PM PST by freekitty
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To: Cultural Canary; honway; freekitty
FWIW, when FR is down, I lurk here:
7 posted on 02/27/2003 5:42:14 PM PST by backhoe ("Time to kick the tires & light the fires-- Let's Roll!")
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To: backhoe

I have a pdf  file that shows the connection of Li Ka Shing, the PLA; Hutchinson-Whampoa / Panama Canal. Rep Weldon used it in his ChinaGate presentation. If you want it freepmail me.


8 posted on 02/27/2003 6:12:37 PM PST by Wolverine
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To: freekitty; backhoe
McAuliffe: Bankrupt Donor Hired Me For 'Political Action'

Though he insists now that his relationship with bankrupt telecommunications giant was strictly business, Democratic National Committee Chairman Terry McAuliffe admitted in 1999 that he once worked for Global CEO Gary Winnick, who, McAuliffe said, hired him to "help him work on deals" because Winnick "was looking for a little political action."

9 posted on 02/27/2003 6:24:47 PM PST by honway
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To: honway
...Terry McAuliffe admitted in 1999 that he once worked for Global CEO Gary Winnick, who, McAuliffe said, hired him to "help him work on deals" because Winnick "was looking for a little political action."

Cute, real cute. The level of duplicity of these cruds has no floor, does it? The deeper you look, the deeper it gets...

10 posted on 02/28/2003 1:10:10 AM PST by backhoe ("Time to kick the tires & light the fires-- Let's Roll!")
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To: NormsRevenge; ninenot; flamefront; Sawdring; Enemy Of The State; Jeff Head; brat; dalereed; ...
11 posted on 03/01/2003 4:45:06 PM PST by Tailgunner Joe
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12 posted on 03/01/2003 5:10:56 PM PST by NormsRevenge (Semper Fi ... Support Our Troops!!!)
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To: backhoe
Helpful post. Also see, which links to other related threads.

I wonder if we'd be so quick to sell Hutchison Whampoa a US airline. And this is at least as sensitive.

13 posted on 03/01/2003 8:25:32 PM PST by pttttt
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To: pttttt
Yhanks for the link!
14 posted on 03/02/2003 1:39:00 AM PST by backhoe (The 1990's will be forever remembered as "The Decade of Fraud(s)...")
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To: backhoe
15 posted on 03/02/2003 2:09:39 AM PST by IoCaster
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To: IoCaster
YThanks for the bump...
16 posted on 03/02/2003 2:44:04 AM PST by backhoe (Has that Clinton "legacy" made you feel safer- yet?)
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