Mordet på Olof Palme - 28 februari 1986

stock in January 1971, it was reported that a shell corporation, Linkink Progres-
sive Corporation S.A., was bought from Consulentia, the deal having been
arranged by Phillipe. Actually, Linkink was sold to the Vesco team by a
Panamanian company, Red Pearl Bay, "whose principals have never been identi-
fied," although Phillipe was surely one of them.100 The shifting from Consulentia
to Red Pearl Bay was accomplished by Vesco and the Banque Cantrade gang to
add another layer of almost impenetrable secrecy to their purchase of 6,000,000
Cornfeld-held IOS shares which had to be hidden from the purview of Union
Bank's top officials. Linkink's usefulness quickly came to an end when it was
bought by something called American Interland whose name was almost immedi-
ately changed to Hemispheres Financial. 101
Consulentia needed a bank account. In the first week of February, 1985,
Studley had Giroday instruct a lawyer in Zurich, Dr. Michel Haymann, to open an
account for Consulentia at Bank Leu's branch in Zurich. The name of the account
was "Lewistown-9020-40418-0." Haymann was to be the permanent and only
custodian of the Lewistown records. On March 5th she wrote Haymann a
"confidential" letter informing him that Ron Harel was to have total authority
over the account. Furthermore, Harel's instructions had to be given in person at
the bank and he had to present two proofs for verification of his identity: his
Israeli passport number, 1373864, and the double account code. Harel was also
allowed to phone in instructions from Israel but had to go through a very elabo-
rate double call system replete with codes. Finally, she wrote "[pllease note that
under no circumstances must my name ever be revealed to the bank as the benefi-
cial owner of the account [her emphasis]."


Consulentia and the Lewistown account were set up for several reasons. One
was to hide money from others at GMT; another, as Ron Harel said, was both "to
avoid taxes in the U. S" and scrutiny "because the transactions were not legal
„ 102
in the United States Money was moved back and forth between Consulentia
and another GMT account named "Claude" at the Banque Nationale de Paris in
Geneva, Switzerland, and likely others yet unknown as well. Handling "Claude"
was Eddy Maisonneuve, BNP's Sous Directeur. On May 16, 1985, Studley
cabled Maisonneuve to advise him "of confirmation received ... transfer of
S3.3 million to 'Claude.
A couple of weeks later, Harel sent a note to
Paul Husser at Bank Leu, Zurich, in order to transfer funds from "Lewistown
9020-40418-0" into "Claude" at BNP. 104
She was very good at concealing money and, it turned out, borrowing but not
repaying large sums. In 1987, banker Petrillo started on his long slide to prison
because of loans or money transfers to Studley who did not repay them. While
the head of finance for GMT, Petrillo had moved from Florida National Bank to
the Bayshore Bank of Florida, a small Miami-area institution. The year before,
1986, Petrillo had transferred $2 million from Bayshore to an overseas bank at the
request of Studley. Unfortunately for Bayshore's depositors, this was about all of
the bank's net worth. Bayshore was crashing and hardly anyone besides the
malefactors, it seems, knew where the money went, what it was used for, and
whether it would ever be repaid.

It really was not much of a mystery. Petrillo gave Studley a $2 million line of
credit when he was with Florida National. Studley used the money to pay
GemoMiIiTech's salaries and to purchase a house in Falls Church, Virginia.
Studley hoped to make a profit and repay the loan. When Petrillo left Florida
National he illegally changed the paper work moving or converting Studley's
"past due" account to Bayshore. He did it to gain some time while waiting for
Studley to pay up. She did not, of course, although she did try but failed to sell
around 20 percent of GMT's stock to raise the $2 million.
Bayshore stockholders filed a couple of lawsuits naming Petrillo,
GeoMiliTech, Studley, and General Singlaub as the irresponsible parties. They
finally learned the $2 million was to cover two "bad checks" written by Studley,
and that Petrillo gave her a $1.5 million cashier's check from Bayshore in order to
hide a depleted S 1.5 million line of credit he gave her when he was with Florida
National Bank.106 They got nothing from the lawsuits.
These financial flip flops took place as GeoMiliTech presented Bill Casey its
ultimate plan — a coordinated series of weapons deals worth S8() million, many of
them barter arrangements with Israel, all of them worked through a secret Swiss
bank, the whole package guaranteed to evade the "consent or awareness of the
„107
Department of State or Congress. The program was hand-delivered to Casey
by Edward N. Luttwak, now a distinguished author and Senior Fellow in Preven-
tive Diplomacy at the Center For Strategic & International Studies in Washington;
108 „
then described as an employee of GeoMiliTech. He has served as a consultant
to the Office of the Secretary of Defense, the National Security Council, and the
U.S. Department of State. He is an associate of the Japan Finance Ministry's
Institute of Fiscal and Monetary Policy. Dr. Luttwak is a frequent lecturer at uni-
versities and higher military colleges in the United States and abroad (recently in
Argentina, Italy, France, Japan, and the United Kingdom). He was the 1988
Nimitz lecturer at the University of California, Berkeley, and 1989 Tanner lec-
turer at Yale University. He is author of eight books, including The Endangered
American Dream (Simon & Schuster, 1993), Strategy: The Logic of War and
Peace (Harvard University Press, 1985), and the constantly reprinted Coup d' etat
(Harvard University Press, 1985), published in 14 languages. He serves on the
editorial boards of Geopolitique (France), the Journal of Strategic Studies,
and the Washington Quarterly. He received a Ph.D. from the Johns Hopkins
University. He speaks French, Italian, and Spanish."

Petrillo went to prison for six months after pleading guilty to fraud. Studley
and Singlaub, to the contrary, have carried on like old troopers. Most recently
they have been peddling a "revolutionary missile guidance software system"
developed by Rabbi Eliot Sherman, a U.S. citizen resident in Israel, and an
unidentified associate. Working with them are Fob James, Jr., the Governor of
Alabama, and Alabama's First Lady, Bobbie James, who are reportedly close
friends of the Rabbi. In 1997, the Rabbi hosted the Alabama couple on a trip to
Israel during which Bobbie James noted "Alabama's close ties with Israel have
„109
resulted in blessings like better student test scores....
This year the Governor
arranged "an unusual meeting" in Washington, reported Brett Davis of the