McConnell alleges that HSBC's founders used the Black Hand between 1888 and 1911 to recover debts through insurance frauds staged by the captains or the masters whose names were registered in black ink in the Lloyd's Captains Registers currently archived at the Guildhall Library in the City of London.
McConnell notes that AirAsia CEO Tony Fernandes sold 944,800 shares in Tune Insurance Holdings Bhd, the travel insurer for AirAsia passengers, just days before the disappearance of Flight QZ8501.
McConnell alleges that Serco shareholders, including HSBC and Allianz, bought Fernande' shares to take a lucrative sponsorship position in a cat bond fraudulently triggered after the Black Hand commanders imputed fatal SATAN ad hoc waypoints into QZ8501 between the TAVIP and RAFIS waypoints on airway M635.
McConnell invites rebuttal of his deduction – see http://www.abeldanger.net/ – that a Black Hand crime group based in the City of London is using a Serco Airbus Tagged Assassins Network to impute waypoints into targeted passenger aircraft and trigger cat-bond claims for accelerated debt recovery by Black Hand clients HSBC and Allianz.
Prequel 1: #2217: Marine Links HSBC – SATAN City Hijack Bank – Surabaya Ad Hoc Waypoints, Starwood Long-Range Alibi
Prequel 2: The Asset Triple A Awards 2009 - Islamic Finance
ATC Global 2013 - ITT Exelis Workshop [Starwood
bought ITT Sheraton ad hoc waypoint – see 2:15 –
hijacking technology in 1997]
Exposed! AirAsia CEO Sold 944,800 Shares
In Tune Insurance Before Flight Vanished!
Director of Aviation releases last point of
contact with QZ8501
Serco... Would you like to know more?
"Blogger claims 'Black Hand' plot in missing AirAsia QZ8501
Published: 30 December 2014
Conspiracy claims have emerged surrounding the disappearance of AirAsia Indonesia flight QZ8501, with a Chinese blogger saying it was the work of a shadowy group called 'Black Hand'. – Reuters pic, December 30, 2014.
Conspiracy claims have emerged surrounding the disappearance of AirAsia Indonesia flight QZ8501, which went missing on Sunday, with a Chinese blogger saying it was the work of a shadowy group called "Black Hand".
UK paper The Daily Mail has reported the blogger saying that the same group was also responsible for making Malaysia Airlines MH370 disappear and the shooting down of MH17 in Ukraine.
His claims have started a storm of speculation online, more so because he had said that the Black Hand group would next target an AirAsia flight, almost two weeks before QZ8501 vanished.
In one comment on December 15, which has been loosely translated by a Reddit member, the blogger apparently warns:
"Black hand has hijacked and shot down MH370 and MH17.
"This has pretty much killed the sixth largest airline: Malaysian airline.
"Now the black hand are targeting AirAsia to ruin this airline cause it too belong to Malaysia.
"Given how powerful the black hand are I suggest that all Chinese thinking about traveling to avoid AirAsia, so that you don't disappear like those on MH370."
Black Hand is a term used as a metaphor for a covert organisation or underground group.
The Daily Mail reported that a Reddit user suggested that the translation should read "International big black hand" which was more of a reference to an "international bully".
Social media users have called the blogger a "conspiracy nut," while others accused him of being crazy.
Since QZ8501 vanished while en route from Surabaya to Singapore Sunday morning, many took to social media expressing shock at the prediction and speculated that the man could be a Chinese intelligence official or a hacker.
There were no Chinese nationals on board QZ8501 unlike on MH370, which was flying from Kuala Lumpur to Beijing on March 7.
The blogger's account became inactive after December 17. – December 30, 2014"
"LLOYD'S CAPTAINS REGISTERS AT GUILDHALL LIBRARY AND RELATED SOURCES
Masters' and Mates' certificates
By an order of 1845 the Board of Trade authorised a system of voluntary examinations of competency for men intending to become masters or mates of foreign-going British merchant ships. The system was made compulsory by the Mercantile Marine Act of 1850 and extended to masters and mates of home trade vessels by the Merchant Shipping Act of 1854. A master's or mate's certificate of competency was issued to each man who passed the examination. Men who were considered by the examiners to have sufficient experience as a master or mate were eligible, without formal examination, for certificates of service. Lloyd's "Captains Registers"
Lloyd's "Captains Registers", in the Manuscripts Section of Guildhall Library, give details of the careers of captains and mates of merchant ships who held masters' certificates (but not of mates who held a mate's certificate only) and who were active between 1869 and 1947. Details of the earlier careers of masters' certificate holders who were still active in 1869 are also given; these details go back to 1851 or the date of obtaining the master's certificate, whichever is the later. Although called "Captains Registers" the volumes strictly relate to holders of foreign-trade masters' certificates, including some who served only as mates. For the years 1869-1911 and 1932-47 there are also details of holders of masters' certificates who did not serve at all as master or mate. The registers usually exclude masters of coasters, ferries, fishing vessels or yachts.
The Registers were compiled by Lloyd's from information regularly transmitted by the Registrar General of Shipping and Seamen, for the use of Lloyd's members in assessing insurance risks, although no information relating to insurances is given. They list for each person the place and year of birth (but not home addresses in later life); the date, number and place of issue of the master's certificate obtained; any other special qualification, including the "steam" certificate from 1874; the dates of engagement and (sometimes) discharge as master or mate since the certificate was obtained, with the name and official number (taken from the Mercantile Navy List) of each ship; the general area of the destination of each voyage; casualties (sinkings, collisions etc.); and notes (e.g. reprimands, special awards).
… 1869-93 (from 1888 a key is printed at the top of each left-hand page):
black ink: engagements;
red ink: discharges;
blue ink: casualties and notes; ship's name not underlined: engagements as captain; ship's name underlined: engagements as mate.
1894-1911:
black ink: engagements as captain;
red ink: engagements as mate (engagements as 2nd/3rd mates in red ink with ship's name underlined);
blue ink: casualties and notes"
Third accident this year for Allianz, lead reinsurer to missing AirAsia plane
LAWRENCE WHITE AND ARNO SCHUETZE
HONG KONG and and FRANKFURT — Reuters
Published Monday, Dec. 29 2014, 4:10 PM EST
Last updated Monday, Dec. 29 2014, 5:02 PM EST
Allianz SE could be exposed to claims of at least $100-million (U.S.) linked to the AirAsia jet missing off the Indonesian coast with 162 people on board, which would be the third major airline accident it has been exposed to this year.
Allianz said on Monday it was lead reinsurer on the flight, having previously been the main reinsurer to Malaysia Airlines Flight 370, which disappeared over the Indian Ocean in March, as well as to Flight MH17, shot down in July while flying over Ukraine.
MORE RELATED TO THIS STORY
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Final manoeuvre of AirAsia flight raises questions over flying in storms
Malaysia fears third aviation disaster of 2014
Chart: 40 years of airline accidents
AirAsia Flight 8501 crashes: What we know so far
Missing AirAsia flight is third Malaysia-linked air incident this year
Map: Path of AirAsia Flight QZ8501
In an e-mailed statement, Allianz confirmed it had lead the provision of aviation hull and liability cover, adding: "It is much too early to comment on reports of this incident … except to say that our thoughts and prayers are with all those affected by this missing flight."
One aircraft insurance broker estimated total costs would depend on liabilities for passengers and could be between $100-million and $200-million, including around $45-million for the plane.
Not all the costs would be borne by Allianz, but the insurer declined comment on the extent of its exposure, or to identify others exposed to the missing Airbus A320-200.
Aviation incidents accounted for four of the top 10 major insurance losses not linked to natural catastrophes in the first eight months of 2014, putting pressure on aviation claims that are already rising due to the use of expensive materials and demanding safety regulation, an Allianz report said.
As with the two Malaysia Airlines crashes, Allianz and its co-insurers will have to foot the bill for the cost of the missing aircraft, as well as for payments due to the relatives of passengers aboard the flight.
The Airbus 320 sells for an average price of $94-million, according to Airbus's website. However, according to the age of the aircraft, the hull is likely to be insured for a lower sum.
For passenger liability, an international agreement called the Montreal Convention caps initial payouts at around $165,000 a passenger at current exchange rates, or a total of about $27-million for the 162 passengers aboard the AirAsia flight.
But if the airline is found to have been at fault, such as through pilot error, claims could be much higher. "This is going be identical to MH370 and MH17 in the sense there are standard minimum insurance obligations which all carriers have to have, but if negligence can be demonstrated the sky's the limit in terms of claims," said John Ribbands, an independent Melbourne-based lawyer expert in aviation insurance.
JLT Group was the insurance broker for the AirAsia plane, the company told Reuters in a separate statement.
In a recent aviation safety study, Allianz said there are currently fewer than two passenger deaths for every 100 million passengers on commercial flights, compared with 133 deaths for every 100 million in the 1960s.
One insurance analyst said the accident would not change his view on the stock. "Payouts resulting from a single plane crash are usually manageable and by far less dramatic than a winter storm in Europe or a hurricane in the U.S.," he said."
"AirAsia CEO Dumped Shares Days Before Flight Disappeared
by THE DAILY HEADLINE
December 29, 2014
Move prompts speculation Tony Fernandes had prior knowledge
by Paul Joseph Watson | December 29, 2014
AirAsia CEO Tony Fernandes dumped 944,800 shares in Tune Insurance Holdings Bhd, the organization that provides travel insurance for AirAsia passengers, just days before the disappearance of Flight QZ8501.
On December 26, the Malaysian Insider reported that Fernandes, the founder of Tune Group Sdn Bhd which owns AirAsia, had sold a total of 944,800 shares in Tune Insurance Holdings Bhd, with 850,000 shares being dumped on December 22, and the other 94,800 being sold the day after.
According to its official website, Tune Insurance Holdings Bhd is "an insurance product manager" for AirAsia in which "insurance products are sold to (AirAsia) customers as part of their online booking process."
The share prices of AirAsia and Tune Insurance Holdings both fell on the first day of trading after the disappearance of Flight QZ8501, with the former shedding 12.9 percent at one point. Tune Insurance Holdings lost 0.6%.
Fernandes decision to dump the shares less than a week before AirAsia Flight QZ8501 disappeared over the Java Sea prompted some to speculate that he may have had prior knowledge of the incident.
"Did Fernandes know his company stock was about to take a hit? The timing is suspicious," asks Heavy.com, adding, "If so, it indicates knowledge of an impending attack on AirAsia."
The International Business Times adds that the move has prompted many to voice the theory that Fernandes, "possibly knew about an impending attack on one of the company's aircraft."
The story bears some similarity to the unusual market activity in airline stocks that preceded the September 11, 2001 terror attacks. An "extraordinary" amount of 'put options' – speculation that a stock price will fall – were placed on United and American Airlines in the days leading up to 9/11.
As we reported earlier, one of the other main unanswered questions surrounding the incident is why a Chinese blogger urged people to avoid AirAsia flights less than two weeks before the disappearance of Flight QZ8501.
Some say the posts, which were made on Chinese social media site Weibo, are a startling indication of prior knowledge whereas others claim the posts were deceptively edited after the crash of Flight QZ8501 to create the impression that its disappearance had been predicted ahead of time."
"AirAsia #QZ8501: Passenger manifest, load & trim sheet, leaked ATC photo
Posted by: Devesh Agarwal December 28, 2014 in AirAsia Be the first to comment
The Indonesian authorities have released a print out of the list of passengers on board AirAsia flight QZ8501 which went missing on its flight from Surabaya, Indonesia to Singapore earlier this morning.
A total of 177 passengers were originally booked on this flight, not including one infant. 23 passengers were a "no-show" leaving 154 and one infant for a total of 155 passengers. In addition to the infant, there were 16 children and 138 adults. 68 female and 70 male. 106 bags weighing a total of 1,305 kgs were checked in.
AirAsia QX8501 passenger manifest
Download the PDF file. AirAsia_QX8501_0506_001 PAX AWQ8501
AirAsia QX8501 load and trim sheet
For the technically involved readers, you can read the load and trim sheet which provides routing, fuelling, and other information on the flight.
Download PDF file. AirAsia_QX8501_Load_Trim_0507_001 AWQ8501
Leaked ATC radar screen photo
This purported leaked photo of the ATC screen shows flight QX8501 deviating left of airway M635 climbing past FL363 (36,300ft) on a track deviating right of the airway between way-points TAVIP and RAFIS at a ground speed of 353 nm. We cannot confirm the accuracy of this image.
AirAsia Indonesia flight QX8501 purported ATC radar screen picture. We cannot confirm the accuracy of this image."
"RGN analysis: QZ8501 weather not as 'unusual' as reported
Posted in: Safety
Tags#paxex, AH5017, Indonesia AirAsia, Java Sea, QZ8501, safety, weather
The weather systems above the Java Sea at the time Jakarta control lost contact with Indonesia AirAsia flight QZ8501 look like angry red boils on the surface of the earth — perhaps one reason the image went viral on Twitter quickly after the incident and was soon picked up by the general media.
Together with Indonesian Transport Ministry official Hadi Mustofa's description of the pilot's request to climb and vector around clouds as "unusual", QZ8501's narrative began with a preconception that the weather was at fault in the incident.
It is clearly far too early to analyze whether weather was a significant contributing factor to the incident — but analysis of the meteorological conditions on the morning of 28 December can give some context to the flight and its preparations.
Runway Girl Network spoke with Simon Proud, an aviation safety researcher at the University of Copenhagen who specializes in satellite data. Proud analyzed the meteorological conditions over the Java Sea on the morning of 28 December, which weren't particularly unusual.
Credit: US NOAA
Proud, who came to RGN’s attention during his analysis of the AH5017 crash in Mali earlier this year, started by explaining what the widely circulated weather image actually shows: “a satellite view of the region. It is an infrared image in which the varying colour denotes an estimate of the temperature of the tops of the clouds. The black colour will be coolest, then red, yellow, green, etc. The blue colours are warmest, probably around +10C. Black is probably around -70/80C although I can’t be sure unless I know the exact time/satellite."
"It tells us where the most severe weather is. Convective storms result in clouds reaching very high altitude — and the higher the cloud the colder it will be. Clouds at -70C will probably be around 50,000ft in this region. In general the severity of a storm is directly proportional to the altitude that the clouds reach," Proud explained.
This kind of weather is not especially unusual for the region, dominated at this time of year by the Inter-Tropical Convergence Zone, or ITCZ. "The ITCZ is an area similar to a weather front, characterised by frequent and often severe thunderstorms. It stretches around the globe and moves North or South depending on the season. At this time of year it is slightly to the South of the equator," Proud said.
QZ8501's flight path took it from seven degrees south at Surabaya, to approximately three degrees south between waypoints TAVIP and RAFIS on airway M635. “The main effect of the ITCZ is the prevalence of thunderstorms. These can cause turbulence as well as lightning strikes and other more serious events (such as the loss of Air France 447 and Swiftair-operated Air Algerie flight 5017 due to icing). Proud continued. "It also means that flights have to carry extra fuel to prepare for possible diversions around the most severe of the weather."
QZ8501 did indeed carry extra fuel: 8,296kg, 62% extra in addition to the trip fuel calculation of 5,121kg, according to the load and trim sheet released by the Indonesian government.
In their preparations, Proud assessed that the crew would have had access to a certain amount of standard weather information.
"The weather information available to the crew depends very much on the airline. It may range from a 'significant weather' chart (which can often be vague or inaccurate) and some data on conditions at the departure and arrival airports up to something much more complex. In most cases the crew will have access to some satellite data showing cloud formations, but this would only be pre-departure and could be several hours old. In-flight they will have their weather radar and also information transmitted over radio from other aircraft and air traffic control in the region, which would give turbulence reports and so on."
But, Proud emphasised, "the weather situation looks challenging, but nothing out of the ordinary. That area is well known for having severe weather and a crew with as much experience as this one would probably have faced worse weather in the past."
Indeed, pilot in command Iryanto was a seriously experienced airman, with 20,537 flying hours, of which 6,100 were in type and with Indonesia AirAsia. First officer Remi Plesel had 2,275 flying hours with the company — again, more than adequate for the aircraft.
Perhaps some kind of extreme weather phenomenon developed in the forty-two minutes between takeoff and the loss of contact with QZ8501?
"I don't have access to much data for that region, but it appears not,” Proud said. "There were storms but they’d been there for some time."
They seemed to have been well forecast — and, again, not out of the ordinary. Compare the similar 'significant weather' charts for 28 December, the day of the incident:
And the chart for 29 December:
Both days have a similar thunderstorm forecast, either isolated (covering less than 50 percent of the area illustrated) or occasional (covering 50-75 percent of the area), and both forecast embedded storms — within cloud layers that might not be readily recognised.
So: QZ8501 had highly experienced flight crew, with significant time in type, flying between familiar airports, extensively familiar with the region, and experiencing forecast weather that appeared typical for the location and time of year — and in a six-year-old aircraft operating for an airline group with only one previous safety incident, a hard landing in 2007.
What went wrong?"
"Important Notice Dear Customer, Following a strategic review of our operations around the world, the HSBC Group has taken the decision to restructure its Islamic banking business and will no longer offer Shariah compliant products and services in the UAE, the UK, Bahrain, Bangladesh, Indonesia, Singapore and Mauritius. HSBC will continue to offer Shariah compliant products and services in Malaysia, Saudi Arabia. HSBC will continue to offer wholesale banking (Islamic financing/Sukuk) products in these jurisdictions and globally through Saudi Arabia and Malaysia. View Shariah compliant products and services at the following countries > Malaysia > Saudi Arabia Thank you for banking with HSBC"
"Allianz places US$175mn cat bond to cover Caribbean, Mexican storms
By Jorge Porter - Friday, May 24, 2013
Allianz has successfully transferred storm and earthquake risks to the capital markets by placing a three-year US$175mn catastrophe bond through a new Blue Danube II series issuance.
The cat bond protects Allianz against the risk of losses from storm events in the US, the Caribbean and Mexico as well as from US and Canadian earthquake risks, the German insurer said in a press release.
The transaction was based on a modified industry loss trigger for the US and Canada and a modeled loss trigger for the Caribbean and Mexico."
"Allianz Group believes it is crucial to monitor and address emerging risks such as those driven by technological developments, growing environmental problems, climate change or social injustices. Allianz Group is very attentive to these issues as they pose potential threats and opportunities to our businesses and society. Since 2002, a Trend Assessment Committee associated with the holding company has been regularly reporting to the Board of Management on future trends, emerging risks and opportunities associated with such issues. The Allianz Group Risk Policy, updated in 2005, also places emphasis on emerging risks, and is binding for all business units worldwide. Newly identified risks are communicated openly and proactively to Risk Controlling. The issue of climate change has received particular attention from the Board, resulting first in the adoption of a climate strategy including a detailed 80 point action plan in the formation of a group climate strategy unit, called Allianz Climate Solutions GmbH. A partnership with the environmental group WWF drives the internal process of examining the impacts of climate change on investment processes and examining the business opportunities to incentivise climate-friendly customer behaviours.
In order to better assess risks and opportunities, and because Allianz is convinced that transparency benefits its customers in this regard, Allianz urges disclosure of climate-related risks. Allianz is a founding signatory of the Carbon Disclosure Project (www.cdproject.net) and participates in the Enhanced Analytics Initiative (www.enhancedanalytics.com) because, as a responsible investor, Allianz must take into account risks not apparent in standard financial reporting but nonetheless of financial relevance. Allianz’s involvement in climate issues takes various forms: Allianz takes part in several initiatives geared to improve information basis on climate change and its impacts (e.g. Finanzforum Klimawandel: http://www.bmbf.de/de/8186.php ) as well as to support governmental action for climate change (e.g. Global Roundtable on Climate Change, the Tokyo Declaration, 2° - German Businesses for Climate Protection, US based coalition of large corporates on climate change). Allianz Austria has joined the WWF Climate Group; Allianz Insurance (UK) signed the initiative "ClimateWise"; in Australia, Allianz sponsors a project to save rainforest species, and in Italy Allianz opened a WWF-affiliated oasis in Tuscany."
"HSBC's $1.9B money laundering settlement approved by judge
British bank helped move money for drug traffickers and countries subject to U.S. sanctions
CBC News Posted: Jul 03, 2013 3:34 PM ET Last Updated: Jul 03, 2013 4:53 PM ET
A U.S. federal judge has approved a settlement between the U.S. Department of Justice and HSBC in which the British bank will pay $1.9 billion US for facilitating the laundering of millions of dollars from drug traffickers and processing financial transactions from countries under U.S. sanctions. The so-called deferred prosecution agreement was originally reached in December 2012, but was only officially approved by U.S. district court Judge John Gleeson, of New York's Eastern District, on Monday.
Under the terms of the deal, the Justice Department agreed to suspend criminal charges against HSBC and its U.S. subsidiary, HSBC Bank USA, for five years if the bank agreed to pay the penalty and take measures to address the "systemic failures" that led to lapses in oversight and compliance with U.S. money laundering laws and international sanctions.
The $1.9 billion the bank will have to pay includes $655 million in civil penalties and $1.25 billion in forfeiture, which is the largest penalty imposed on a bank accused of violating the U.S. Bank Secrecy Act.
Case could still be prosecuted
The terms of the agreement will be overseen by the court, with quarterly updates on compliance required from each of the two parties.
If the bank complies with the terms of the agreement, the charges, which were filed under the Bank Secrecy Act, the International Emergency Economic Powers Act and the Trading with the Enemy Act, will be dismissed after five years.
The bank has admitted in a statement of facts that Mexican and Colombian drug traffickers laundered at least $881 million through HSBC Bank USA and its Mexican subsidiary between 2006 and 2010. It also admitted that from 2000 to 2006, HSBC processed $660 million in payments from banks and other institutions from countries under U.S. sanctions, including Cuba, Libya, Sudan, Iran and Burma.
HSBC affiliates and subsidiaries "ensured that these transactions went undetected in the U.S. by altering and routing payment messages in a manner that hid the identities of these sanctioned identities from HSBC Bank USA and other U.S. financial institutions," Gleeson said in his recapping of the statement of facts."
"Serco in the clear: City of London Police find no evidence of any "corporate-wide conspiracy [and have ignored the Islamic Debt and money-laundering activities of HSBC]" by Guy Bentley
Outsourcing firm Serco has finally received some good news after a disastrous year.
After being asked last year to conduct an investigation into whether Serco staff had been misleadingly recording prisoners as ready for court when they were not, the Crown Prosecution Service has accepted the view of the City of London Police and put Serco in the clear.
No charges will be brought against Serco or their staff. It was also found that the information gathered for the City of London Police was sound enough to conclude that there was "no evidence of any corporate-wide conspiracy or an intention to falsify figures to meet the DRACT contract requirement by senior Serco management or at the board level of the company".
The City of London Police will not be continuing their investigation. The controversy began after the police were asked to investigate allegations of fraud at the FTSE 250 company over a £285m prison contract with the ministry of Justice last year.
The Public Accounts Committee recently called for the brake up of big private-sector contracts for government services after documenting the failures of companies such as Serco and G4S.
Last month, Serco chairman Alastair Lyons announced his intention to step down. His last year at the company was characterised by slew of profit warnings and "operational mis-steps"."
Yours sincerely,
Field McConnell, United States Naval Academy, 1971; Forensic Economist; 30 year airline and 22 year military pilot; 23,000 hours of safety; Tel: 715 307 8222
David Hawkins Tel: 604 542-0891 Forensic Economist; former leader of oil-well blow-out teams; now sponsors Grand Juries in CSI Crime and Safety Investigation
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