More on the on again/off again falling out among thieves>>>
  Some say Wilson recruited Qaddafi in 1973 and others say he started
working with MI6 in 1967
  CIA, Edwin Wilson, Gaddafi
  http://newstalgia.crooksandliars.com/taxonomy/term/19564,439,7189

-----------------------

It would be useful to read pages 322 - 324
 Libya: The Struggle for Survival - Geoff Simons - Hardcover (ISBN
*...*<http://www.borders.com/online/store/TitleDetail?sku=031208997X>

http://books.google.com/books?id=bepGPEkbL34C&pg=PA322&lpg=PA322&dq=Libya:+The+Struggle+for+Survival+and+CIA+support+of+Gaddafi&source=bl&ots=nYtnvgkM_A&sig=9cOHVA-FjpnqC0TaWqPrpwb6adg&hl=en&ei=JJabTfy8JNCftweC0PDLBw&sa=X&oi=book_result&ct=result&resnum=1&ved=0CBkQ6AEwAA#v=onepage&q&f=false

 The Politics of Heroin: Nugan Hand « Chasing Nugan
Hand<http://nuganhand.wordpress.com/the-politics-of-heroin-nugan-hand/>
<http://www.siteadvisor.com/sites/nuganhand.wordpress.com?pip=false&premium=true&client_uid=3207531162&client_ver=3.3.1.129&client_type=IEPlugin&suite=true&aff_id=0&locale=en_us&os_ver=6.1.0.0&ref=safesearch>
 - 1:53pm
Jan 27, 1980 *...* Taken from pages 461-472 in *Alfred W*.
*McCoy's*bombshell book, “
*The Politics of Heroin*: CIA Complicity In The Drug Trade”, (published by *
...*
nuganhand.wordpress.com/*the-politics-of-heroin*-nugan-hand/ -
Cached<http://webcache.googleusercontent.com/search?q=cache:H5yxzN618NQJ:nuganhand.wordpress.com/the-politics-of-heroin-nugan-hand/+%22The+Politics+of+Heroin%22+by+Alfred+W.+McCoy+and+Qaddafi&cd=2&hl=en&ct=clnk&gl=us&source=www.google.com>


Working through Houghton, moreover, the Nugan Hand Bank deepened its
contacts with the network of ex-CIA officials surrounding Edwin Wilson.
After helping Hand informally with the bank’s operations for the previous
five years, Houghton finally joined Nugan Hand’s staff in late 1978 and
opened a branch in Saudi Arabia to collect deposits from American contract
employees. Under Houghton’s management, the Saudi branch ran the bank’s
biggest — and simplest — fraud. With introductionsfrom Beck Arabia of
Dallas, a leading engineering firm with major Middle East contracts,
Houghton flew into Saudi Arabia in January 1979 and rented a villa at
Al-Khobar to serve as both office and residence for the bank. Over the next
twelve months, Houghton and his aides circulated through the U.S.
construction camps along the Persian Gulf, issuing bank receipts for cash
deposits from American contract workers. Paid in cash and unable to make
deposits in Saudi Arabia’s backward banking system, American expatriate
workers needed the deposit-taking service that Nugan Hand pretended to
provide. Houghton then bought bundles of Thomas Cook traveler’s checks and
sent them off in commercial courier parcels to Michael Hand’s new office in
Singapoer. Through this simple system, Houghton and Hand collected collected
at least $5 million from their fellow Americans—all of which simply
disappeared when the bank collapsed a year later.

Houghton’s presence in Arabia brought Nugan Hand Bank into closer contact
with Wilson’s network of former CIA officials, now moving its base of
operations to nearby Libya. When Houghton opened his Saudi office in 1979,
Wilson’s network seemed a step away from unprecedented power, and Houghton
apparently decided to join their rise. Within months, however, both Wilson’s
group and Nugan Hand were plunging precipitously toward a collapse.
After decades inside the CIA, Wilson and his closest associates were finally
forced out in the late 1970s, losing the mantle of CIA protection that had
long masked their operations. In February 1976, Admiral Bobby Ray Inman, the
new head of the Office of Naval Intelligence, ran into Ed Wilson by chance
and learned to his surprise that this wheeler-dealer was one of his own
operatives in Task Force 157. When Wilson’s contract came up for renewal a
few months later, ONI canceled it on Inman’s orders, pushing the ex-CIA man
into the private sector. There he prospered. Between June and September 1976
Wilson supplied Libya with thousands of CIA-designed bomb timers and more
than 21 tons of Composition C-4, the most powerful nonnuclear explosive in
America’s arsenal–thereby providing Colonel Muammar al-Qaddafi with a potent
weapon for his terrorist campaign in Europe and the Middle East. Over the
next four years, Wilson recruited U.S. Green Berets to train Libyan
commandos, delivered weapons for Qaddafi’s terrorists, and even arranged
assassinations for the Libyan dictator. One of Wilson’s employees, former
CIA officer Kevin Mulcahy, became concerned by these shipments and reported
them to the CIA.

 But Wilson’s old friend Theodore Shackley, now deputy director for
Clandestine Services [at CIA], blocked any internal investigation. In April
1977 The Washington Post published an article on Wilson’s activities stating
that he “may have had contact with one or more current CIA employees”, and
the agency’s new director, Admiral Stansfield Turner, started asking
questions. He soon learned about Wilson’s close friendship with his former
CIA colleagues Clines and Shackley, then high in the Langley hierarchy. Over
the opposition of senior CIA bureaucrats, Turner transferred the two to
secondary jobs. A year later Thomas Clines resigned from the CIA after
thirty years’ service, borrowed $500,000 from Wilson to set up his own
company, and soon won a $71 million contract for arms delivery to Egypt. No
longer heir-apparent to the post of CIA director, Theodore Shackley resigned
in Septermber 1979 and followed Clines into the consulting business.


[Non-text portions of this message have been removed]



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