In fact, BNP Paribas is controlled by Power Corporation, Smith says. BNP Paribas also has another distinguishing feature: a direct corporate and familial relationship with the people running the Canadian government for the past twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
2. .
BNP Paribas bank is part of Pargesa Holding, a holding company jointly owned and controlled by the Frere and Desmarais families. Paul Desmarais Sr. is chairman of the group; Albert Frere is vice-chairman; Albert's son Gerald is one of three general managers; Paul Desmarais Jr. is also an officer. And Power Corp. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Andre Desmarais is son-in-law to Chretien who opposed U.S. intervention in Iraq. Pargesa, and thus Power Corporation and the Canadian Desmarais family, holds a controlling stake in TotalFina Elf, the petroleum multinational corporation multinational corporation, business enterprise with manufacturing, sales, or service subsidiaries in one or more foreign countries, also known as a transnational or international corporation. These corporations originated early in the 20th cent. formed from the merger of Total and Petrofina.
The chain doesn't stop there. Chretien's successor Paul Martin is a former Power Corporation employee who made his fortune when he bought Canada Steamship steamship, watercraft propelled by a steam engine or a steam turbine. Early Steam-powered Ships
Marquis Claude de Jouffroy d'Abbans is generally credited with the first experimentally successful application of steam power to navigation; in 1783 his Lines from Power Corp., with loans from Power Corp. A senior foreign affairs/international-trade-adviser to Martin is Maurice Strong Maurice F. Strong, (his first name is pronounced "Morris"), PC, CC, OM (born April 29, 1929, in Oak Lake, Manitoba) is an industrialist and public servant who was the Secretary-General of the 1992 United Nations Conference on Environment and Development (UNCED), better known as the , former CEO of Power Corp. and a longtime UN and Kofi Annan Kofi Atta Annan (born April 8, 1938) is a Ghanaian diplomat who served as the seventh Secretary-General of the United Nations from January 1 1997 to January 1 2007, serving two five-year terms. He was the co-recipient of the Nobel Peace Prize in 2001. adviser.
TotalFina Elf? That's the oil company that cut a deal with Saddam to develop the Majnoon and Nahr Umar oil fields in southern Iraq, said to contain 25 percent of the country's oil reserves.
Paul Volcker? He was appointed by Annan to head the 'independent' UN investigation into OFF and held a seat on Power Corp's international board. So what does this smell like to you?
Regardless of how all this plays out, the sickly sweet stench now emanating from some of the highest perches in the land, and abetted by complicit com·plic·it
adj.
Associated with or participating in a questionable act or a crime; having complicity: newspapers complicit with the propaganda arm of a dictatorship. liberal media, is as common as dirt, though not until recently had it been associated with Canada. It's called 'corruption'. And this is how it works.
