JNB Exploration organization

“Walters and Ross Miller stayed in touch with each other. In 83, Walters Petroleum Limited, owned by Bill Walters, invested $150,000 into a new oil company called JNB Explorations. In exchange for about 50% of the startup capital, Walters go…”

“The beneficiaries of Walters' benevolence was none other than Neil Bush, who was one of the principals of J&B. Walters then was active in the Republican Party in Colorado and an ardent Reagan Bush man. When George Bush came to Denver during…”

“He did this because the vice president was coming to his house to visit his son's silent partner and benefactor. Neil Bush's other big backer was real estate developer Kenneth Good, who contributed $10,000 in new capital to J&B Exploration …”

“Walter's company still retained a $100,000 promissory note from JNB Exploration, which never got paid back. One of the reasons for this was that Good and Walter's had a falling out. It seems that Good had begun an affair with Walter's wife.…”

“JNB Exploration, had went bankrupt. Of course, their new partner, Khashoggi, and Neal's father, George H.W. Bush, was well acquainted. Records and testimony in Khashoggi's 1990 trial with Imelda Marcos showed several telephone calls between…”