Free Republic

Burma receives advances from its silent suitors in Singapore By William Ashton (Jane's Intelligence Review. March 1,1998. ASIA: Vol 10, No3. Pg. 3298.)   While China may be the most obvious country trying to win over Burma's affections, Rangoon has, in fact, received significant advances from an altogether more subtle suitor, as William Ashton reports. EVER since the establishment of the State Law and Order Restoration Council (SLORC) almost 10 years ago, there have been persistent claims that Burma's military government has been secretly supported by Singapore. Rumours of a close strategic relationship continue to circulate under the SLORC's successor,...

------------------------------------------------------------------------ March 21, 2003 Pentagon Adviser Is Also Advising Global Crossing By STEPHEN LABATON ASHINGTON, March 20 — Even as he advises the Pentagon on war matters, Richard N. Perle, chairman of the influential Defense Policy Board, has been retained by the telecommunications company Global Crossing to help overcome Defense Department resistance to its proposed sale to a foreign firm, Mr. Perle and lawyers involved in the case said today. Mr. Perle, an assistant defense secretary in the Reagan administration, is close to many senior officials, including Defense Secretary Donald H. Rumsfeld, who appointed him to lead the policy board...

<p>NEW YORK (AP) A Hong Kong-based conglomerate is likely to abandon its $250 million deal to buy fiber-optic carrier Global Crossing out of bankruptcy because U.S. officials still have deep concerns about the sale's national security implications, a source familiar with the situation said Tuesday.</p>

Yahoo! News   Sun, Jul 06, 2003 Global Crossing Wins Telemedia Talks Bid Tue Jul 1, 4:26 PM ET By NICK BAKER, Dow Jones Newswires NEW YORK - Bankrupt telecommunications company Global Crossing Ltd. on Tuesday won its bid to continue exclusive talks to be bought by Singapore Technologies Telemedia Pte. Ltd. The decision, issued in court by Manhattan federal bankruptcy Judge Robert E. Gerber, represents a loss for XO Communications Inc. and other suitors who've been blocked by the court-mandated exclusivity period. The judge agreed to extend that period until Oct. 28. XO, which financier Carl Icahn bought out...

US Review of Global Crossing Deal to Go Past March Thu Mar 20, 2:41 PM ET By Jeremy Pelofsky WASHINGTON (Reuters) - Bankrupt Global Crossing Ltd. (Other OTC:GBLXQ - news) said on Thursday the U.S. government's review of the company's plan to sell a majority stake to two Asian companies would extend beyond March 31, and it asked for more time to exclusively file a reorganization plan. The exclusivity period is due to expire March 31, but the fiber-optic network operator asked a federal bankruptcy judge to extend it until May 15 -- or if the purchase agreement were terminated,...

ST Telemedia Has Binding Deal on Global X Mon Jun 2, 4:14 AM ET By Jennifer Tan SINGAPORE (Reuters) - Singapore Technologies Telemedia has a binding contract to buy Global Crossing Ltd that forbids the bankrupt telecoms firm from considering an offer from investor Carl Icahn, a source close to the deal said on Monday. On Friday, billionaire Icahn's U.S.-based XO Communications Inc said it offered more than $700 million to buy Global Crossing. That compares to the $250 million that state-controlled telecoms group ST Telemedia has agreed to pay for a 61.5 percent stake in the U.S.-based fibre-optic network,...

The federal government has opened a formal investigation into the proposed buyout of Global Crossing by companies in Hong Kong and Singapore, people briefed on the inquiry said yesterday. The investigation was started on Monday by the Committee on Foreign Investment in the United States, which is managed by the Treasury Department and which had been studying the proposed foreign investment into Global Crossing, the people said. A spokesman for the Treasury Department declined to comment. Becky Yeamans, a spokeswoman for Global Crossing, a bankrupt owner of communications networks, said, "The process is confidential and we don't comment on it."...

There is one Iraqi weapon system with U.S.A. stamped on it; the NATO code-named Tiger Song air defense system. Much of Tiger Song is U.S. made fiber-optic network systems sold to China by the Clinton administration. The fiber-optic Tiger Song air defense network was installed in Iraq during the 1990s by China in violation of the U.N. ban on weapons sales to Baghdad. Tiger Song is a distributed network and it is similar to the Internet, allowing Iraqi mobile radars and missile units to link into the network from pre-positioned fiber optic sites. Ironically, the Bush administration has so far...

<p>Washington, April 29 (Bloomberg) -- The U.S. extended a national security review of Hutchison Whampoa Ltd.'s plan to take control of Global Crossing Ltd., threatening to scuttle the $250 million transaction, said people familiar with the matter.</p> <p>A government panel told the companies it would take another 45 days to determine whether China would exert undue influence over Hong Kong-based Hutchison's ownership of a fiber-optic network. The panel will submit a recommendation to President George W. Bush, who will have 15 days to make a decision.</p>

Bush Set to Approve Singapore's Deal for Global Crossing Tue Sep 9,12:54 AM ET NEW YORK -- President Bush (news - web sites) is likely to grant final approval to a deal that will give a Singapore conglomerate control of telecommunications firm Global Crossing Ltd. , people familiar with the matter told The Wall Street Journal.   The anticipated White House endorsement should end a 20-month saga for Global Crossing, which filed for Chapter 11 bankruptcy-court protection in early 2002, but has struggled to win U.S. government approval for a plan by Singapore Technologies Telemedia Pte. Ltd., to take majority...

Even with Singapore PM Goh weighing in, ST Telemedia bid may fail because of objections from US security community WASHINGTON - In spite of the intervention by Prime Minister Goh Chok Tong, it is unclear if a business deal between two major companies in Singapore and the United States will overcome strong resistance by those in America's security community. The sticking point is whether the US will allow a foreign business - Singapore Technologies Telemedia (ST Telemedia) - to take a controlling stake in an American company that handles national security data. Bankrupt US telecommunications giant Global Crossing's fibre-optic network...

Richard Perle's booking agency, Benador Associates (friendly, with bio) Richard Perle PBS interview, Gunning for Saddam (friendly; prewar interview says in paraphrase war would be easy - "tiny fraction" of Gulf War I forces) Seymour Hersh New Yorker article on Richard Perle (raises questions of conflict of interest with Saudis and Iraq war) Richard Perle National Review article (friendly - March 7 prewar optimistic interview says a war would be won "in a month") Richard Perle and Global Crossing (raises conflict of interest questions) Global Crossing and Communist China's Foray Into US Telecommunications Infrastructure (raises conflict of interest questions) More...

Lawmaker Criticizes Global Crossing Sale Thu May 8, 5:33 PM ET WASHINGTON (Reuters) - A plan by bankrupt telecommunications company Global Crossing to sell a controlling stake to Singapore Technologies Telemedia Pte is contrary to U.S. interests and the government should intervene, Democrat Rep. Edward Markey said on Thursday. ST Telemedia is a unit of the investment arm of the Singapore government, which would put U.S. companies in the position of having to compete with companies owned by the Singapore government, the Massachusetts lawmaker said. 'Our government has to intervene in the Global Crossing acquisition issue,' Markey said during a...

Judicial Watch, the public-interest legal watchdog organization, announced yesterday it has filed a formal complaint against Defense Advisory Board member and former Chairman Richard Perle, citing alleged violations of government ethics regulations as well as federal laws governing prohibited conflicts of financial interests. The complaint was filed with the Department of Justice, the Office of Government Ethics and the inspectors general of the Defense Department and the Department of Homeland Security. On March 25, the New York Times reported that Perle is an adviser to Global Crossing, the bankrupt telecommunications giant that is currently seeking to overcome government opposition to...

Sent: Thursday, February 27, 2003 4:44 PM Subject: Global Double Crossing http://newsmax.com/archives/articles/2003/2/26/182009.shtml Official bio of Li Ka Shing and other documentshttp://www.softwar.net/kashing.html 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...

<p>WASHINGTON (CNN) -- U.S. President George W. Bush has told Congress the administration will allow Singapore Technologies Telemedia to buy a 61.5 percent stake in the U.S. telecommunications firm Global Crossing Ltd.</p> <p>Singapore Technologies is indirectly owned by the government of Singapore, and because of that the administration was required to conduct a review to determine if there were any significant national security concerns in the transaction.</p>