US & Unocal, Maybe You Should Investigate Further?

Suitors said to be lining up for CP Ships -- Container line confirms it's in takeover talks Chris Sorensen, July 30, 05, Financial Post

[. . . . ] A spinoff of the old Canadian Pacific Ltd. conglomerate, CP Ships is said to be entertaining leading bids worth $1.8-billion from China Shipping Group and French shipping line CMA CGM, among others. According to reports by the Financial Times, CP Ships is in the final stages of the sale process and is expected to choose a preferred bidder by the end of August. [. . . . ]

Search: Mediterranean Shipping Co. S.A. , one of the world's 15 largest container ship companies



Related but not online: The China Connection, by Carrie Tait and Mitch Moxley, in the Financial Post, July 30, 05.

According to the authors, because Husky Energy, controlled by Hong Kong billionaire Li Ka-shing, is a "Canadian" company in that Li Ka-shing is a Canadian resident (citizen?), if it teams up with CNOOC to make a bid for Unocal, that might "side-step political concerns over the bid". CNOOC, state-run by China, has offered $1.8-billion in cash for Unocal. According to an unnamed hedge fund analyst, Husky has expressed an interest in teaming up with CNOOC to buy Unocal.

Husky already has ties to CNOOC. Husky has a 40% interest in the Wenchang Oilfields Project in Asia, while CNOOC ha s a 60% interest and is the project operator.

The authors think that "As a Canadian company, it wouldn't be subject to the same political scrutiny." but some Americans who are aware might be a bit leery of the business. Dig a little deeper and you will find some connections worth considering.



Americans and Unocal stockholders might want to consider this

The Chinese triads are inextricably woven into the fabric of Chinese society. For the last two centuries, wherever the Chinese have emigrated, they have taken with them their secret groups. Triads are the world's largest criminal fraternity, and Hong Kong, with four major triad societies and numerous smaller ones, 55 in total, is the home to more ethnic Chinese gangsters than anywhere else on Earth. Today the triads operate an unrivalled criminal empire. Extortion, gambling, international prostitution, illegal immigration, smuggling, money laundering, fraud, corruption, arms, and narcotics dealing all fall within their remit.

Canada's governments under Jean Chretien and now under Paul Martin are loathe to recognize and admit this. It is worth considering.

[. . . . ] The Canadian mission was warned in the early sixties and seventies that many in the Royal Hong Kong Police were triad members. Those warnings were ignored, and Canada accepted many Hong Kong police, some joining the RCMP. However, in 1977 a scandal dubbed The Quiet Dragons was aired on the CBC. It revealed that at least 40 corrupt policemen who were also triad members were living comfortably in Canada, with tens of millions of dollars gained from bribery and drug trafficking. Requests for a royal commission were dismissed.

[. . . . ] from 1991 to 1993 I reported, in a series of more than 30 extensively detailed reports, that triads had infested Canada's immigration system. . . .

Check sources of political contributions.



Bruce Garvey in the National Post, July 30, 05 wrote on what has happened to Canada under Liberal immigration and refugee policies. Negative.



Use the Pico searchlet on this website to search for information on: ex-RCMP Corporal Robert Read, Li Ka-shing / Li Ka Shing / Li Ka-Shing, ex-Foreign Affairs officer Brian McAdam, Jean Chretien, the Desmarais family, Chinese triads

The Report: 38th PARLIAMENT, 1st SESSION -- Standing Committee on Government Operations and Estimates -- EVIDENCE: ex-RCMP Corporal Robert Read, ex-foreign service officer, the blunt ex-foreign service officer Brian Adams, Joanna Gualtieri, Canada's expert on whistle-blowing, civil servant Allan Cutler, et cetera, February 3, 2005 -- full of information that Americans should consider.

There are excerpts here: Frost Hits the Rhubarb, February 15, 2005: Robert Read ex-RCMP: "Triads had infested Canada's immigration system" -- "a political silver bullet" -- NATIONAL SECURITY

Frost Hits the Rhubarb, Bill C-11 Whistleblowers and Quotations: Cutler, Selwyn, Read (RCMP), McAdam (Foreign Service Officer) from the week beginning Feb. 13, 05

Note: what The RCMP's technician, Mr. Balser, reported about the computers at the Canadian Hong Kong Embassy.


I did a bit of research when Li Ka-shing's son was trying to buy Air Canada, December 2003. (That did not occur but there is a David T K Ho airline, Harmony, which has since garnered the Beijing Canada route.) The information on Li Ka-shing and his connections burgeoned.

You might check February 22, 2004 News Junkie Canada also, but there is more in this March 1, 2004 post on Husky Oil's Li Ka-shing, his network and connections. Not only is he involved in oil and LNG (I think; check), but he is involved in construction in BC (Cheung Kong Construction), the Panama Canal ports and more.

The following are topic headings only, from this post, News Junkie Canada, March 1, 2004 with links. There is more if you check the archive.

Note that it is broken into two sections, a portion with a salient point or two, then, below the double lines, more detail. The numbers refer to numbered sections.

5. Sidewinder -- Secret RCMP-CSIS Joint Review Committee Draft Submission -- J.R. Nyquist's Introduction

6. Communist Chinese Heavily Penetrating Canada

7. Grits thwarted Asian crime probe: Alliance, Stewart Bell and Tom Blackwell, National Post, September 19, 2003

8. Fired whistleblower, ex RCMP Corporal Read's site -- Robert Read Asian Triads: list of articles related to Sidewinder, Cpl. Read, the RCMP, Political Parties and Canada's security

9. 3,500 Chinese spy companies identified in Canada and U.S., August 8, 2003

12. What's missing from Cox report? 1 Jun 1999

The Cox Report is from the US government and it deserves to be read if you care about your own security.

Then, there is more information on Frost Hits the Rhubarb, January 17, 2005: Business as Usual & Some Background -- BC Rail, LNG, Oil, Ports, Privatization, Prince Rupert, Various Stakeholders, Basi's Boys-Laundering & More

Search: Husky / Husky Oil / Husky Energy Inc. and "Hong Kong tycoon" Li Ka-shing and his banking connections (HSBC and CIBC)

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