22 lines
No EOL
1.8 KiB
Markdown
22 lines
No EOL
1.8 KiB
Markdown
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tags:
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- Country
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- Australia
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- NuganHand
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- Intelligence
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- DrugTrafficking
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category: "Country"
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summary: "Australia is the country where Nugan Hand Bank, the CIA-connected financial institution co-founded by Michael Hand and Frank Nugan, operated until its 1980 collapse amid drug trafficking and intelligence connections, after which Hand disappeared with alleged CIA assistance."
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[[Australia]] is a country and continent in the Southern Hemisphere. It is mentioned in connection with [[Nugan Hand Bank]], which was an [[Australia|Australian]] bank co-founded by [[Michael Hand]] and [[Frank Nugan]]. This bank reportedly laundered profits from drug trafficking in the [[Golden Triangle]] and financed subversive paramilitary activities in Southeast [[Asia]]. The bank collapsed in 1980, $5 billion in debt, and [[Michael Hand]] disappeared from [[Australia]].[^1]
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[[Michael Hand]] reportedly fled [[Australia]] under a false identity on June 14, 1980, on a flight to [[Fiji]]. He was allegedly helped to escape by an American code-named "Charlie," identified as a former member of the [[United States Army Special Forces|U.S. Special Forces]] and ex-[[Central Intelligence Agency|CIA]] operative. [[Michael Riconosciuto]] claimed to have handled money transfers for Hand when he fled [[Australia]].[^1]
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[[Brian Toohey]], a top [[Australia|Australian]] journalist, reported in his *The Eye* magazine in 1991 that [[Michael Hand]] had a postal drop in Washington State, and his wife was reportedly living with him there.[^1]
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[[Robert Booth Nichols]] also listed [[Australia]] as one of his residences.[^1]
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### Footnotes
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[^1]: Seymour, Cheri. *The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal*. First Edition. TrineDay, 2010. |