|Posted: 03 November 2006 at 6:44am | IP Logged
The Windsors were always desperate for money, but always depended on others to pick up the tab. The following is a story from last year:
February 07, 2005 – 08:27
Sir Stafford Sands 'Had Information On Harry Oakes Murder Cover-Up'
Nassau's notorious legal / real estate 'mafia' is believed to have orchestrated the Oakes murder and many others since then.
Sir Stafford Sands, the most powerful man in the Bahamas during the 1960s, claimed to have information linking the Duke of Windsor to a major cover-up in the Oakes murder case of 1943.
The former Bahamas finance minister, who launched the country's tourism boom, said he had secret documentation which would serve as an "insurance policy" if he ever fell on hard times, it was claimed yesterday.
The astonishing disclosure was made shortly after the 1967 general election in which the Bay Street Boys and their party, the UBP, were swept from power by the PLP under Lynden Pindling.
Sir Stafford, the kingpin of the UBP at the time, was asked by British journalist Roy East where his future lay following his party's defeat at the polls. Sands replied that the British government would always look after him because of information he possessed about the Duke and the Oakes murder mystery.
Mr East said the documentation was described by Sir Stafford as an "insurance policy" against any future problems he might have.
I found this interesting and no doubt has some semblance of truth. However, the really dangerous money laundering was the high stakes carry on with the organization later known as Odessa. When Churchill found out about this there may even have been suggestions that the Duke himself had to be "taken out".
Harry Oakes was the discoverer of the Lake Shore Mine near Kirkland Lake in Ontario. It provided the Duke with a golden opportunity if you will excuse the pun. The way things worked is that through the kind collusion of one Axel Wenner Gren it became possible to offload bullion from U-boats in the Caribbean to the Wenner Gren yacht called the Southern Cross. She could then deliver this gold to the Lake Shore Mine controlled by Harry Oakes. The gold was simply re-smelted at Lake Sore, a mine big enough to hide large quantities of bullion, which could be sold in New York. Canadian Banks such as the Royal bank of Canada would make deposits in Caribbean tax havens. Some money went to the accounts of the Windsors and some went to Odessa.
The Duke had other schemes, but this is the one that launched BSC operations such as Operation Crowns a task laid out for the Crook Factory. Break up the Odessa money laundering.
Interestingly, shortly after the death of Harry Oakes there were large adjustments to the Lake Shore Ore Reserves.
I believe Operation Crowns was the raison d'être of the Crook Factory.