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Beijing Is Weaponizing Against Cathay/When Nalin Handled Tamil Tigers/Money Laundering Cargo

Beijing Is Weaponizing Against Cathay/When Nalin Handled Tamil Tigers/Money Laundering Cargo

FromFlyingTalkers By Geoffrey Arend


Beijing Is Weaponizing Against Cathay/When Nalin Handled Tamil Tigers/Money Laundering Cargo

FromFlyingTalkers By Geoffrey Arend

ratings:
Length:
18 minutes
Released:
Sep 10, 2019
Format:
Podcast episode

Description

“The worst-case scenario, of an airline that’s forced to police the political views of its own workforce in order to maintain the open skies it needs to operate, would be a horrendous one for Cathay,” Bloomberg's Dan Fickling writes.
“Driving a wedge between management and staff inclined to support Hong Kong’s aspirations for greater freedom, and between the airline and customers who retain loyalty to it as an icon of the territory’s unique status, could quickly erase the gains from nearly four years of turning around the business.
“Waiting in the wings in that event is the risk that the long-rumored takeover by Cathay’s second-largest shareholder, Air China Ltd., could finally come to fruition."
Ran into our friend Nalin Rodrigo who we first met on Dubai Creek some years ago when he was fronting the cargo fortunes of Sri Lankan Cargo from his offices in Colombo. Nalin an all-cargo pro was always completely unflappable, energetic and to tell it a great air cargo dreamer and doer.
A Louisiana USA Senator named Bill Cassidy, R-La., who issues a torrent of “White Papers” on various subjects including Health Care now wants the  federal government to look into possible cargo-based money laundering (TBML) suggesting TBML ,”is one of the most profitable and safe mechanisms to launder money, and it is imperative that Congress act.”
“There are certain industries that present a greater risk for TBML, such as couriers, cargo services, freight shipping
services, international shipping, and money service businesses,"  Sen Bill said.
Released:
Sep 10, 2019
Format:
Podcast episode

Titles in the series (100)

Off the cuff, right to the heart of the air cargo business. It's the past, present and future in conversations with Geoffrey Arend, award winning Editor & Publisher of Air Cargo News FlyingTypers since 1975. Support this podcast: https://anchor.fm/geoffrey-arend/support