Do you people remember how Temasek or GIC bought Standard
Chartered Bank from the Khoo Family after the family patriarch died
?
the Khoo Family were lightly punished in court after a court
case involving tax evasion ? Shortly the Family sold the Bank to
S'pore Govt at a low price and yet the bank was then quickly sold
to a foreign buyer ?
Standard Chartered Bank as it turns out is not a simple, normal
bank and was used to be 1 of 5 banks allowed to operate in Iraq
shortly after the US Occupation.
so why did the S'pore Govt did what it did ? time to put on your
thinking caps, guys.
The Chartered Bank of India, Australia and China was
founded in London in 1851. It opened the Shanghai branch in 1858
and the bank's business was in large volume discounting of opium
bills.
Transactions in the opium trade generated huge profits for
Chartered Bank and the Jews who controlled it.
Later, Chartered Bank became a principal foreign
banknote-issuing institution in Shanghai. In 1862, the bank issue
bank notes in Hong Kong, a privilege it exercises to this day.
Later, it printed bank notes in China and Malaya.
Besides usury, the bank also dealt in cotton, indigo, tea,
rice, sugar, tobacco, hemp and silk across Asia.
In 1927, Chartered acquired P&O Bank, which had offices
in Colombo, Shanghai, Hong Kong, Singapore, and Canton. P&O
Bank also owned Allahabad Bank.
In 1957, Chartered acquired Eastern Bank, with branches in Aden,
Bahrain, Beirut, Lebanon, Qatar and UAE.
Chartered Bank merged with Standard Bank of South Africa
in 1969, and the combined bank became the Standard Chartered
Bank.
the present UK PM David Cameron's Jewish forebears were heavily
linked to Standard Chartered Bank. his great-great-grandfather used
to be director of Chartered Bank.