Wed 27 Aug 2008
I’ve already pointed out all that Chretien didn’t attend Lillehammer, Nagano, Sydney and Salt Lake City, yet has the nerve to berates PM Harper for not going to Peking.
Yet lets look at why he may have finally have awoken and got uptight about his financial holdings.
a) First he’s an oil executive, nothing much on its own is it.
b) Second he’s an oil executive from a company with close ties to China. He was using his influence when his company was bought for 4 billion dollars by China theres a little more reason. 4 Billion reasons.
c) his ties are real close to China as are well,… the power corp is everywhere right?
d) He buried the sidewinder report because other interests are more important than the nations.
e) They give him VIP service in exchange for ignoring human rights.
f) if he is feigning outrage could someone in one the triads mentioned in the sidewinder report have called him, and told him to jump? Mention the Dali Lama 3 times! they say in the sidewinder report that kind of thing happens.
g) if you support gun control why are you associating with people smuggling 2000 Illegal guns into the country?
Formerly known as Hurricane Hydrocarbons Ltd. the company was founded in 1981 and initially operated in Western Canada. It changed to a more international focus and grew after making several major oil finds in Southern Kazakhstan. In 1996 it purchased Yuzhneftegaz from the Kazakh government, making it one of the largest players in the country. However the company ran into severe problems in the late 1990s. All the company’s oil went through refineries owned by Central Asian Industrial Holdings, which used their monopoly to charge high prices. At the same time oil prices plunged. In 1999 the company was forced into receivership and almost broken up. View of the Tosco (ex Valero, originally Shell) Martinez oil refinery An oil refinery is an industrial process plant where crude oil is processed and refined into useful petroleum products. … Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. …
The company was saved by Bernard Isautier, a board member who had long been involved in the Canadian oil industry and in Central Asia. He became CEO and negotiated a merger with Central Asian Industrial Holdings. This eventually made the investors in both companies very wealthy, especially Isautier who had demanded no salary and was at first only paid in stock options. The rapid increase in the stoc k’s value made Isautier by far the most generously compensated executive in Canada in 2004. In 2003 the company was renamed PetroKazakhstan to reflect that its entire operations are in that country. A stock option is a specific type of option with a stock as the underlying instrument (the security that the pay-off of the option, and therefore its value, is based on). …
http://www.nationmaster.com/encyclopedia/PetroKazakhstan
Former Canadian Prime minister Jean Chretien has been named a special advisor to the board of directors of PetroKazakhstan, the company announced in a press release this week.
Chretien will advise the20board on international relations issues, drawing on his ten years as Canadian PM as well as his earlier service in the Ministries of Justice, Finance and Energy and Mining.
http://www.kazakhstaninvestment.com/kz-news-02-10-04.html
The bidding competition again surfaced when India wanted to buy the stake of Petrokazakhstan — a Canadian oil firm operating in Kazakhstan. In this case as well, China won the deal by offering $4.2 billion to Petrokhazakhstan against India’s offer of $3.9 billion.
http://www.idsa.in/publications/stratcomments/jnandakumar281105.htm
With an estimated asset base of C$48 billion, CITIC is among the worlds largest corporations with 44 subsidiaries and banks including those in Hong Kong, the United States, Canada, Australia, New Zealand.
It has close links to the Peoples Liberation Army, counts among its advisors Chrétien’s son-in-law Andre Desmarais of Power Corp and answers directly to Chinas top ruling echelon.
…
The Rand report concluded: CITIC does enter into business partnerships with and provide logistical assistance to PLA and defense-industrial companies like Poly Technologies Inc.
Poly’s U.S. subsidiaries were abruptly closed in August 1996, after federal US authorities in California concluded a lengthy sting operation by arresting seven people linked to Poly and another state-run Chinese arms firm for allegedly smuggling 2,000 AK-47 or Kalashnikov rifles into the country.
http://www.primetimecrime.com/APNS/20040219.htm
Why did petrokhazakstan give him the job I wonder?























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