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OILMAN SUES U.S. TREASURY OVER MYSTERY CERTIFICATES, Spotlight







	This article about "Treasurygate" is taken from the

	April 19, 1993 issue of the Spotlight.



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	OILMAN SUES U.S. TREASURY OVER MYSTERY CERTIFICATES



	Treasurygate, a scandal involving huge amounts of money in

certificates of obligation on the Federal Reserve, Swiss and Japanese

banks, the existence of which is denied by the big banks and government,

was the subject on the April 1 broadcast of The SPOTLIGHT's nightly

call-in talk forum, Radio Free America, with host Tom Valentine.  Thomas

Buckley, an oilman from Amarillo, Texas, has filed a lawsuit against

the Fed and the U.S. treasury--the suit was filed February 16, and

the deadline for the Fed and government response is April 16.



	An edited transcript of Buckley's story follows:

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	Through my connections in the oil and gas business, I met an

Indonesian government official and businessman named Edison Dominic.  I

dealt with him over a period of time in a cordial, get-acquainted type

way.  When he began to trust us, in about October of 1989, he presented

Swiss banks.



	A certificate of obligation is like a bond.  It represents real

cash.  It's very much like a certificate of deposit.  These are negotiable

and belong to the bearer.



	The certificates were written in U.S. dollars and guaranteed by

the Swiss government. The principal amount was around $800 billion. The

principal and interest amounted to $1.8 trillion.



	He asked us to put them in a trust account at Citibank and get

them verified and then follow the instructions about getting them

cashed.  Now we're oil and gas people, and we're used to some big

money, but we didn't know what we had our hands on. We had a lot of

trouble trying to get them verified and cashed.



	In late spring of 1991, Mr. Dominic flew from Indonesia into

Austin, Texas and brought additional instruments.  These were U.S.

Federal Reserve bank certificates and a very large group of Japanese

certificates.



	As much trouble as we had with the Swiss certificates, we

thought it would be relatively simple with U.S. Federal Resrve instruments.

Our plan was to find out whether or not these documents were any good.



	These U.S. instruments were even larger than the Swiss ones,

and they were in the names of people such as Saddam Hussein, the leader

of Iraq; and [Col.] Muammar el-Qadaffi, the leader of Libya; Ferdinand

Marcos, leader of the Philippines; and Manuel Noriega, the leader of

Panama.



	We sought out a gentleman in Scottsdale, Arizona named Robert

Johnson, a friend and confidant of Ronald Reagan and George Bush.  We

knew what we had was volatile and we wanted to take precautions.  That's

why we approached Mr. Johnson.  We showed him the documents and he

arranged for us to go into the Federal Reserve Bank in Dallas, Texas.



	Two of my associates and I had an appointment at 10 am on July 8,

1991.  They were expecting us, and we went downstairs to a private

meeting room. We spent only about 25 minutes there. The two ladies we

met were very nice.



	We showed them the certificate in Saddam Hussein's name in the

amount of $33 billion and told them we were there to try to verify it.

They made a photocopy of the certificate and said they were going to

fax it to the head office of the Federal Reserve.  They asked us where

we were staying, saying it would take a few hours for them to get back

to us.



	Then when we were back at the hotel, one of the attorneys for

the bank in Dallas called us and said the certificate was good.  However,

he said, since the United States was in conflict with Saddam Hussein

at the time, all of his assets here were frozen.



	About mid-afternoon eight Secret Service agents, guns drawn,

burst in, demanding to know wehre our guns were. We said we didn't have

any and we were there on business.  There was a fourth man in our group,

and this surprised the agents, since he hadn't come down to the Federal

Reserve bank with us.



	Their objective when they came into the room was to make sure

we were all dead and then take the certificates we had.  End of story.

But the fourth man was in the room.



	They took us down to the federal building and [we] gave

statements over a period of six hours, after which time we learned we

were under arrest.  We were put in jail at a maximum security prison

for a week and denied bond.  I begged for the right to call an attorney

for hours and hours, but they denied me that right, even when we went

to court the next morning.



	We were never charged with a crime.  We were put in jail on the

basis of a complaint that we intentionally tried to defraud the United

States government out of $33 billion-plus.  That's what the Secret

Service testified to on the stand at the hearing.  We were not allowed

to speak at the hearing.



	After a week, finally they released us on our own recognizance

even though we were alleged to have tried to perpetrate the greatest

fraud in the history of the U.S. government.



	Not a single journalist (except for Radio Free America) would

touch the story when I tried to bring it to their attention.



	Our associate, Mr. Dominic, was also arrested in Austin on the

same day we were.  They went to his hotel room to take him since I had

been truthful and just told the whole story of my association with Mr.

Dominic.  He stayed in jail for about 70 days.  Nobody from the

Indonesian government would touch him now.



	He finally got out on bail, and a trial date was set, but we

knew all along it would never go to trial, for the same reason they

dropped the charges against me: They didn't want it to all come out.



	As I've uncovered it, Mr. Dominic had a job to do.  His job

was to come over here and force these certificates to be acknowledged

by the United States.  The Indonesian government's finance minister

had attracted the foreign certificates.



	You see, for about 30 years, Indonesia had been the head of the

so-called non-aligned countries.  The CIA knew all of that, and they

wanted to bring Indonesia and its allies into the CIA's fold.



	To co-opt Indonesia, the CIA helped Indonesia attract the

U.S. Federal Reserve certificates and the Japanese certificates, and

the Marcos, Noriega, Qadaffi certificates etc.  The CIA helped the

Indonesians get them.  However, the Indonesians told the CIA to get

lost after they got these certificates of obligation.



	While Dominic was in jail, I was able to get a lot of

documentation from him.  He put in writing what he wanted Congress to

do with the funds.  He wanted to retire the national debt of the

United States. He wanted to fund the supercollider.  He wanted to

provide and adequate amount of money to reform public education in

America and to provide better health care in this country.  He

wanted to make loans and grants to small-businesses and farmers.



	We took it to Washington.



	Rep. Charles Rose (D-N.C.) actually invited Mr. Dominic, in

writing, to come to Washington to testify before the Agriculture

Committee.



	However, Sharon Pierce, the U.S. prosecutor in Dallas, called

the congressman's office and said she would not allow Dominic to go to

Washington unless she was present during the meeting.  That disturbed

Rose and his people, and the congressman went to the counsel for the

speaker of the House.



	The speaker's attorney, Steven Ross, said, "Well, we can

handle this.  We will just declare this a technical congressional

investigation.  That way the prosecutor cannot subpoena anybody in

Washington."



	However, while Dominic finally got on the plane to come to

Washington, the federal judge's clerk called Rose's office and said,

"You don't want to meet Mr. Dominic. He's highly contagious with

tuberculosis.



	This scared Rose and his office to death.



	Congressman Rose and his office received from me one of the

original Swiss certificates and the endorsement of that certificate

over to Congress for the benefit of the United States.  This would be

done gradually to avoid runaway inflation.



	I have filed a lawsuit in the U.S. District Court in Amarillo,

Texas against the Federal Reserve and Treasury Secretary Lloyd Bentsen.

Attached to the suit is one copy of one certificate: a $278 billion

certificate made out to the shah of Iran.



	The suit is asking for 3 percent of that amount. My arrangement

with Mr. Dominic was that I would get a 3 percent commission on the

certificates when cashed. The suit alleges that the U.S. government,

in conjunction with the Federal Reserve, has already resolved 97 percent

of it. By the suit, we are mandating that the Federal Reserve open its

books to prove we are wrong.



	I intend to file a separate suit against only the Federal Reserve,

using a majority of the balance of the certificates. This suit is designed

to accomplish all of the things Mr. Dominic wanted: retirement of the

national debt, funding the supercollider etc.



	About an hour before I appeared on Radio Free America the last

time [Oct.7, 1992], I received a call from one of my associates. He

has a lot of high-level contacts, and one of them was one of our current,

sitting U.S. Supreme Court justices.



	This justice got in touch with the CIA and asked if all of this

was real. The CIA asked the justice to ask me to back off until Oct. 28.

The Federal Reserve has been moving gold into the Federal Reserve bank

in Dallas in order to be able to back up these certificates. That

Supreme Court justice will be called to testify in our case.



	We have a telephone number people can call for taped information:

1-806-788-1177.



			-------o-----O-----o-------



                Taken from The SPOTLIGHT April 19, 1993

                Subscription Information 1-800-522-6292

                or if in Maryland,  301-951-6292

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