British Public Records Office releases
intelligence on Wostwag in 2004
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
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.
for link to PRO Evidence on Wostwag.