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Profile: Elda James, Esq.
Elda James, Esq. was a participant or observer in the following events:
The US State Department briefs Donald Rumsfeld, who is preparing to make another visit to Baghdad (see March 26, 1984). In a memo to Rumsfeld, Secretary of State George Shultz laments that relations with Iraq have soured because of the State Department’s March 5 condemnation (see March 5, 1984) of Iraq’s use of chemical weapons and expresses considerable concern over the future of the Aqaba pipeline project [to be built by Bechtel (see December 2, 1983)] which the US is pushing. Shultz writes: “Two event have worsened the atmosphere in Baghdad since your last stop there in December: (1) Iraq has only partly repulsed the initial thrust of a massive Iranian invasion, losing the strategically significant Majnun Island oil fields and accepting heavy casualties; (2) Bilateral relations were sharply set back by our March 5 condemnation of Iraq for CW [chemical weapons] use, despite our repeated warnings that this issue would emerge [as a public issue] sooner or later. Given its wartime preoccupations and its distress at our CW statement, the Iraqi leadership probably will have little interest in discussing Lebanon, the Arab-Israeli conflict, or other matters except as they may impinge on Iraq’s increasingly desperate struggle for survival. If Saddam or Tariq Aziz receives you against consider, and to reject, a pending application from Westinghouse to participate in a $160 million portion of a $1 billion Hyundai thermal power plant project in Iraq, this decision will only confirm Iraqi perceptions that ExIm [Export-Import Bank] financing for the Aqaba pipeline is out of the question. Eagleburger tried to put this perception to a rest, however, emphasizing to Kittani the administration’s firm support for the line (see March 15, 1984). The door is not yet closed to ExIm or other USG [US government] financial assistance to this project….” At the very end of the cable, it is noted that “Iraq officials have professed to be at a loss to explain our actions as measured against our stated objectives. As with our CW statement, their temptation is to give up rational analysis and retreat to the line that US policies are basically anti-Arab and hostage to the desires of Israel.” [US Department of State, 3/24/1984 ; Vallette, 3/24/2003]
Seventy wealthy Haitians and Haitian-Americans officially launch Haiti’s first investment bank, PromoCapital. The bank, a 50/50 joint-venture between Haitian and US shareholders, consists of two institutions: PromoCapital Haiti, SA—incorporated in Haiti as a “Societe Financiere de Developpement”
—and PromoCapital USA, Inc,—a corporation registered in the state of Delaware. [PromoCapital, 4/2/2004; USA Today, 4/29/2004] The bank’s headquarters are in Petionville, Haiti with representative offices in Washington, DC, and Aventura, Florida. [PromoCapital, 4/2/2004; USA Today, 4/29/2004] Its founder, Dumarsais Simeus, who owns a large food-processing business in Texas, says the bank’s investors hope to see annual returns on their investment in the mid- or high teens. He is also the chair of PromoCapital USA. Henri Deschamps, a prominent Port-au-Prince printing and media executive, is the chairman of PromoCapital Haiti. [PromoCapital, 4/2/2004; USA Today, 4/29/2004] Of the 70 names included on the list of PromoCapital shareholders, nine—Frederic Madsen, Gilbert Bigio, Gregory Brandt, Marc-Antoine Acra, Monique Bigio, Olivier Acra, Ronald Georges, Reuven Bigi, and Sebastien Acra—appear on a US Treasury Department list of people and organizations whose assets had been blocked by the US Department of Treasury, Office of Foreign Assets Control under the Clinton Administration, until 1994. [US Department of the Treasury, 1994] And one of them, Hans Tippenhauer, had told The Washington Post on February 23 that the Haitians had enthusiastically greeted the paramilitary rebel forces as “freedom fighters.” [Washington Post, 2/24/2004]
Entity Tags: Michael Gay Sr., Monique Bigio, Josseline Colimon-FÃ©thiÃ¨re, May Parisien, Olivier Acra, Nadege Tippenhauer, Marc-Antoine Acra, Laurence Bigio, Laurent Pierre-Philippe, Joelle Coupaud, Joseph Baptiste, Julio Bateau, Kimberly Simeus, Patrice Backer, Magdalah Silva, Patrick Delatour, PromoCapital, Patrick Tardieu, Steeve Handal, The Simeus Foundation, Vanessa Dickey, Yael Bigio-Garoute, Yves Joseph, Serge Pinard, Serge Parisien, Sebastien Acra, RÃ©gynald Heurtelou, Jerry Tardieu, Reginald Villard, Patrick Moynihan, Reuven Bigio, Rudolph BerrouÃ«t, Rudolph Moise, Ronald Georges, Jean-Robert Vertus, Jon Robertson, Jean-Marie Wolff, Elda James, Esq., Elisabeth Delatour, Emile Corneille, Emmanuel Francois, Florence Bellande Robertson, Jean-Pierre Saint-Victor, Frantz Bourget, Dimy Doresca, Daniel Silva, Albert Levy, Axan Abellard, Carlet Auguste, Caroline Racine, Daniel Rouzier, Daniele Jean-Pierre, Esq., Fred Tony, Dumarsais M. SimÃ©us, Fritz Fougy, Henri Deschamps, Hendrik Verwaay, Henry Paul, Jacques Deschamps Fils, Herve Francois, Jean-Henry CÃ©ant, Harriet Michel, Gregory Brandt, Gabrielle Alexis, Esq., Gary Jean-Baptiste, Hans Tippenhauer, Frederic Madsen, Gerd Pasquet, Gilbert Bigio, Georges J. Casimir
Timeline Tags: Haiti Coup
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