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CBC News: the fifth estate - Wednesdays at 9pm on CBC-TV, Fridays at 10pm ET/PT on CBC NewsworldMore about our showSubscribe to our e-mail newsletterContact UsMONEY, TRUTH & SPIN
WEDNESDAY FEBRUARY 8, 2006 Bookmark this page | E-mail to a friend
FOLLOWING THE MONEY: THE WINDING ROAD TO BRITAN

The following two examples show how money went from both Airbus Industrie and Thyssen Industries into a coded account called "FRANKFURT". Bank documents show that in 1993 the BRITAN account received $500,000 Canadian from the FRANKFURT account.

There were four different cash withdrawls out of the BRITAN account in 1993 and 1994 totaling $300,000. In his interview with CBC, Karlheinz Schreiber confirmed what the bank records and daytimers suggest: That the cash that he gave to Mulroney came out of this account.

NOTE: All of the following documents are pdf files. You will need a copy of Acrobat Reader to view them.

Example 1 : Thyssen Industries
October 4, 1988: I.A.L. writes invoice to Thyssen Industries to request the transfer of $2 million Canadian
into Vaduz bank account #235.972.029
See document
October 25, 1988: Thyssen Industries deposits $2 million into I.A.L. account #235.972.029
See document
October 28, 1988: I.A.L. in Vaduz, Liechtenstein transfers $2 million Canadian to its parent company in Liechtenstein, Kensington, Anstalt.
See document
October 28, 1988: I.A.L's parent company Kensington Anstalt is debited a total of $1.5 million dollars.
See document
October 27, 1988: Kensington transfers $1 million to Karlheinz Schreiber's Zurich account 18679 IAL. Transfer officially arrives November 1, 1988.
See document
November 1, 1988: Schreiber's 18679.1 Canadian dollars account receives $1 million.
See document
November 2, 1988 , 1988: FRANKFURT rubrik receives $500,000 Canadian from 18679.1
See document
FIVE YEARS LATER
July 26, 1993: FRANKFURT rubrik account transfers $500,000 Canadian to BRITAN account.
See document
July 26, 1993: BRITAN rubrik receives $500,000 in Canadian funds.
See document
July 27, 1993: First cash withdrawal out of BRITAN account of $100,000.
November 11, 1993: Second cash withdrawal out of BRITAN account of $100,00.
Example 2 : Airbus Industrie
October 5, 1988: Banque Francaise (Airbus bank in Paris) deposits $5 million U.S. into International Aircraft Leasing Account 235.972.037
See document
October 5, 1988: I.A.L. tranfers $4.5 million U.S. to parent company Kensington Anstalt, account number 235.971.021
See document
October 5, 1988: Kensington writes cheque for $4.5 million U.S. to be deposited into Swiss Bank Corporation in Zurich
(Schweizerscher Bankverein)
See document
October 6, 1988: Karlheinz Schreibers' Zurich account 18679.4 USD 'IAL' receives $4.5 million (minus $5.06)
See document
October 20, 1988: Schreiber's 18679.4 sees transfer to unnamed places of $550,000 USD
See document
October 20, 1988: Schreiber's FRANKFURT account receives $658,735 which using that day's exchange rate, is exactly equal to $500,000 USD.
See document
FIVE YEARS LATER
July 26, 1993: $500,000 is withdrawn from FRANKFURT account the day the BRITAN account receives $500,000.
See document
NOTE: Many of these documents are PDF files. Download a copy of Adobe Reader to view them. ^TOP