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Cover Story

Another Canada Free Press classic "We-told-you-so" moment

Saddam invested one million dollars in Paul Martin-owned Cordex

Update

Strong took tainted cheque, inquiry finds

By SHAWN MCCARTHY
Thursday, September 8, 2005 Updated at 5:12 AM EDT
From Thursday's Globe and Mail

NEW YORK – Prominent Canadian businessman Maurice Strong accepted a personal cheque for nearly $1-million (U.S.) that was drawn on a Jordanian bank and came from a controversial international businessman who was working closely with the Iraqi regime, an inquiry into the UN's scandal-ridden oil-for-food program has found.

The committee concluded there was no "direct evidence" that Mr. Strong knew that the money, provided for a business investment in July, 1997, had come from Iraq or that the man, Korean-born Tongsun Park, was attempting to buy his influence. Mr. Park has since been indicted by U.S. authorities for allegedly working as an illegal Iraqi agent.

More...
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."

Yesterday, Strong admitted that Tongsun Park, the Korean man accused by U.S. federal authorities of illegally acting as an Iraqi agent, invested in Cordex, the company he owned with his son, in 1997.

In that admission, Strong describes Cordex as a Denver-based company. Cordex Petroleum Inc. is listed among Martin's assets as an Alberta-based company.

Cordex had a U.S. subsidiary.

Two years after taking the Park-through-Saddam one million dollars, Cordex went out of business.

On April 20, 1999, Bankrupt.com, an internet bankruptcy library states Kelly J. Sweeney Esquire of the Office of the Trustee in Denver, Col. as appointing four individuals to serve on an official creditor's committee in the Chapter 11 case "commenced by Cordex Petroleum Inc."

Strong's New Age Baca Ranch is located in Crestone, Colorado.

Indeed, according to Marci McDonald in Walrus Magazine, "Cordex Petroleums was formerly known as Baca Resources." (April 21, 2004).

…"Still, Strong has never been far from his protégé's side. Over the years, Martin has been a shareholder in at least two of Strong's companies, including the defunct Cordex Petroleums, formerly known as Baca Resources. But Strong's chief influence has been in shaping the trajectory of Martin's career–business first, politics later, the eye on the prize always. ‘My basic advice to him was, `Paul, don't try to ride two horses at once, ‘ Strong says. When it came time to move to the next horse, Strong was waiting to give him the nod at the starting gate. When Martin was ready to throw in the political towel after (Prime Minister Jean) Chretien made clear he was sticking around for another election, Strong invited the finance minister to his log retreat in the Kawarthas for a weekend of cheerleading. `I said, `Paul, you've got a big investment in public life,' Strong recounts. `You've come this far, you should stay in there.'"

According to the today's New York Sun, "the next chapter in the United Nations crisis may erupt over U.N. investigator Paul Volcker's membership on the board of one of Canada's biggest companies, Power Corporation, since a past president of the firm, Canadian tycoon Maurice Strong, is now tied to the oil-for-food scandal."

The missing facts are: Not only are Volcker and Strong hooked with the ties that bind to Power Corporation Inc., a company under investigation in the oil-for-food scandal, Prime Minister Paul Martin was launched into the business world with Canadian Steamship Lines by Paul Desmarais's Power Corporation Inc. and his predecessor Jean Chretien's daughter, France is married to Paul Desmarais' son, Andre Desmarais.

On national television last night, Prime Minister Paul Martin appealed for time in a six-minute address to the Canadian public, promising an election after the final Gomery report probing the mega-million dollar Liberal Party Adscam scandal.

Martin's public address to Canadians coincided with the very day that his long-time mentor Maurice Strong was tied to the $65-billion UN oil-for-food scandal.

Was Martin using the Adscam scandal as a distraction in a Maurice Strong Cordex oil-for-food scandal that would inevitably lead back to him?

At press time the Prime Minister's office had not returned CFP's telephone call.

Prime Minister Paul Martin may be rejected by Canadian voters when Conservative Leader Stephen Harper calls the next federal election, but not likely over Adscam.

When the Prime Minister of Canada falls, ironically he will have been taken down by his lifelong mentor, Kofi Annan pointman, Maurice Strong.

Other CFP Stories about Paul Martin and Maurice strong

  • Welcome to Canadian-inspired Kyoto
  • Message in a bottle: Paul Martin's ZENON purified water photo op
  • Pandemic vaccine in hands of global depopulation advocates
  • Morphing Moses
  • 'The Maustro' admits connection to `Koreagate Man'
  • Scandal looming in promised $425 million for Sir Lanka tsunami victims that never arrived?
  • Hidden Paul Martin firm linking leftwing activists to Information Highway
  • Tete a tetes with terrorists
  • Environmental car salesman of 2005: Maurice Strong, Meet George W. Bush
  • Jolly Roger better flag for Canada Steamship Lines
  • Welcome to the Peoples' Republic of China on Canadian soil
  • Did Martin fall on his head?
  • How Montreal's Power Corp. found itself caught up in the biggest fiasco in UN history
  • Was Canadian Conservative Leader Stephen Harper co-opted by Liberal power base?
  • Annan met with UN reform pointman Yevgeny Primakov in Moscow when Oil-For-Food scandal broke
  • Operation Sidewinder: In Canada spies are us
  • Ghosts in the wine and brandy cellar
  • Canada's global connections
  • Paul Martin doing China duty for Maurice Strong
  • Prime Minister Paul Martin signs Canada up for one world order United Nations
  • Paul Martin joins John Kerry in assembly of the "automatically excommunicated"
  • On the United Nations International Tax:
    Martin, Strong & Chirac singing from the same hymnbook

  • Canada sends anti-American UN ambassador to Paris
  • Liberal MP Dennis Mills and the Flying Yogics
  • Hidden Paul Martin firm trained UN weapons inspectors in Ottawa
  • The real Maurice Strong, Canadian Broadcasting Corporation style
  • Move over Maharishi, here comes the Dalai Lama
  • Martin reinvents himself
  • Martin's anti-Americanism status in Deck of Weasels
  • "Hired gun" Moore's "drive by hitman" mission takes nosedive
  • Oil-for-Food scandal: The French connection
  • High-flying Habs take nosedive on American anthem
  • Talk is cheap, Mr. President
  • An open letter to Conservative leader Steven Harper:
  • The Don't-Let-Global-Warming-
    Melt-Your-Ice-Cream-Campaign

  • Canada Free Press, CFP Editor Judi McLeod