•Wostwag were major organ of Soviet NKVD:
–The General Manager in China, Adam Purpiss according to Chase Manhattan records
was: “considered one of the shrewdest and
cleverest men in
Far East,” and “at one time associated with the Cheka.”
–Purpiss travelled under a invalid Honduran
Passport.
–Wostwag were allegedly ‘de facto’ bankers and
arms dealers to
Chinese Communist Party.
–Banked $900,000 into Chase Manhattan Bank,
NYC, in 1938 for
purchase of aeroplanes.
–Sole monopoly for trade in Outer Mongolia –
50% profits went
to Moscow State bank.