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More than any other dating and more than pastored powers. Misrahi directors are an interesting bunch, and include our old friend, Spymaster David Kimche. In that week in January , the banking delegation headed by Dr Bollag secretly consulted with Ciskei officials many of them presumed to be South African intelligence operatives on whether and how to turn Ciskei into a tax and banking haven — with bank secrecy laws more impenetrable than those of Switzerland itself.
The names of those who attended the week of talks in Bisho in January appear in a top-secret Ciskei Government memorandum which has never before been made public. David Spitzer, representing the diamond dealing families of Antwerp was accompanied by Messrs Panzer, Smith and Trobl.
Obituaries 2002
Other new board members included L. Tantalisingly, not long afterwards, a contract was awarded to US citizen Gary Morgan to build a Ciskei international airport at Bisho with a runway suitable for intercontinental airliners. It was such an obviously absurd idea - if considered in terms of conventional cargo and passengers — that it was easily dismissed as just another bit of African insanity. And of course, Morgan was persuaded to use his dollar profits, converted to finrands, to save the Minister of Manpower, Pietie du Plessis, and the Deputy Governor of the Reserve Bank, Jan Lombard, from imminent bankruptcy by investing in their ill-fated property company, Natprops — more African insanity.
They never took off again.
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And nobody has bothered even to collect the rent. Just another big of insanity? Or had they fulfilled their purpose? But back to banking.
How much does a flights to Bisho cost?
Palazzolo instructed his new attorney to investigate the possibility of his officially emigrating to Ciskei, giving him unlimited access to South Africa. In October Palazzolo was informed that President Sebe had personally agreed to grant him temporary residence rights in Ciskei. Sebe was keen that Palazzolo should help establish a national bank in Ciskei.
The Sicilian declared it "a privilege and an honour to be asked to help in this way. On Christmas Eve, , Palazzolo absconded from his Swiss prison and, assisted by an unnamed foreign diplomat, crossed the border to Germany, from where he flew to South Africa using a false passport. Within a month he was trying to organise the shipment of arms supplies, embargoed in France, to South Africa.
There was a delay, however, when he found that his contact in France was away — on a secret mission to Iran. He invited a friend and business partner in Spain to visit Ciskei to help set up a bank, to be called Europa Bank, and to help with arms for South Africa.
His Spanish friend was also an agent for French arms manufacturer, Thompsons. In mid Palazzolo assumed the name Robert Von Palace Kolbachenko — an extravagant invention — to hide his true identity and, more importantly, his criminal past. Curiously, he also suggested this name related somehow to a distant Jewish Russian aristocratic ancestor. He took to wearing a gold star of David pendant.
He is, in fact, of ordinary, Catholic Sicilian descent. It was also proposed to draw up a Ciskei Banking Act and to set up a banking authority. Papillon was to control the bank, provide the necessary expertise and draft the necessary legislation. But all appeared to have been for naught when, on 31 January , Palazzolo was arrested by the SA Police and returned to prison in Switzerland.
All the other old directors resigned, to be replaced by Gerald Joseph Grieveson — a British citizen and an accountant based in Pretoria, Anthony St John — a young, South African-born member of the British House of Lords, and various Pretoria businessmen that did not signify much. They would in any case later say they knew nothing about the business. Eurobank Ltd was, however, itself controlled by another company, Eurobank Controlling Corporation, where, more significantly, Pretoria advocate — and founder of Allied Bank — Dr Eugene Berg headed the list of directors.
Premier Oscar Mabuyane: Eastern Cape State of the Province Address | South African Government
Most significant, however, was the majority shareholder of the Controlling Corporation: an entity curiously named Whales Offshore Holdings Ciskei. It had been incorporated by attorney Omri van Zyl on 21 September , with a share capital of four thousand R1 shares. Omri held one share; the rest were controlled, through various trusts, by Pretoria attorney Albert Vermaas. Vermaas, too, had an airline which undertook covert international missions for the government. But again, only six months later, disaster struck: the illegal cash pyramid with which Vermaas and Berg had funded their banking operation collapsed.
Vermaas claimed to have been relying on backing from top military and government circles. If so, they had obviously let him down badly.
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In any case, these claims were now vigorously denied.