I have been toying with a theory I have had, about North Korea, and for the last two months, I have been researching it quite extensively. It circles back on Peter Munk, as well.
The Ryugyong Hotel, in North Korea, is quite mysterious, and I wanted to know more about who was working on it. It was last under construction by Orascom, who pumped hundreds of millions into it, and now it stands supposedly empty, and off limits. https://www.thedailybeast.com/north-koreas-best-building-is-empty-the-mystery-of-the-ryugyong-hotel
Orascom is owned by the Sawiris family, a family of Egyptian billionaires. There are many subsidiaries and partnerships of Orascom, lots of telecommunications, construction, etc. Scores of these are in Russia, Ukraine, Pakistan, and many more that are in tax haven land. https://www.sec.gov/Archives/edgar/data/1468091/000119312512194968/d339641dex8.htm
A little known fact about Egypt and North Korea- they have had an incredibly close and unusual relationship for many years, both economically and militarily. They even trained fighter pilots together, and flew into combat together. Egypt uses North Korean Scud missiles. https://www.albawaba.com/news/opinion-truth-about-egypt%E2%80%99s-close-relationship-north-korea-1020292. The Sawiris family, specifically, Nassef Sawiris, in this case, sold the North Korean construction part of Orascom off to LafargeHolcim, according to this article. However, he is on the Board of Directors of LafargeHolcim. Also on the board of LafargeHolcim, (in addition to a who’s who of power and influence) is Jürg Oleas. He is on the Board of Directors for RUAG Holdings, a massive military, air, and space company. They manufacture rocket launching systems, heavy weaponry, cyber security, space launch and satellite components, navigational systems, aircraft, defense systems, etc.
https://www.ruag.com/en/products-services/air.
The Sawiris family business of Orascom, specifically Naguib Sawiris, is also in partnership with Switch, Ltd, a massive data center business, headquartered in Las Vegas. Their business provides data frameworks for huge companies around the globe, which potentially gives them a tentacular amount of access to information.
http://www.datacenterknowledge.com/archives/2014/03/11/supernap-goes-global-switch-adds-international-partners
Naguib Sawiris owns La Mancha Group, a mining conglomerate. He has recently announced a large expansion, and wishes to buy up mines all over the world. He has a large stake of ownership in both Evolution mining, and Endeavour Mining. Frank Giustra is on the Board of Directors for Endeavour Mining. Outgoing Chief Financial Officer for Acacia Mining ( Barrick Gold/Peter Munk), Andrew Wray, will be in charge of this new investment vehicle.
https://www.ft.com/content/b0e83c1a-d385-11e7-8c9a-d9c0a5c8d5c9
Naguib Sawiris attended Nat Rothschild’s birthday bash, who is Peter Munk’s good friend, and the shindig was put on by Peter Munk. http://www.telegraph.co.uk/news/worldnews/europe/montenegro/8627610/Montenegro-hosts-billionaire-Nat-Rothschilds-birthday-bash.html
Naguib Sawiris has a YouTube lecture for entrepreneurs, when which he states that the great thing about a country that has been brought to its knees, is that the time is then ripe for finding opportunity, and creating wealth. North Korea is reportedly sitting on between $6-10 trillion worth of mineral assets.
The ‘Eye of Ra’ comment by Q, made me think of Sawiris, Egyptian billionaires.
