U.K. arms dealer secretly paid Saudi prince $2B: BBC
Last Updated: Thursday, June 7, 2007 | 12:30 PM ET
The U.K.'s biggest weapons dealer secretly paid a Saudi prince $2 billion over more than a decade for negotiating Britain's largest arms deal, all while the British government looked the other way, the BBC reports.http://www.cbc.ca/world/s.../07/bbc-saudi-070607.html
According to Panorama's sources, the payments were written into the arms deal contract in secret annexes, described as "support services".
They were authorised on a quarterly basis by the MoD.
The payments were discovered during a Serious Fraud Office (SFO) investigation.
The SFO inquiry into the Al Yamamah deal was stopped in December 2006 by attorney general Lord Goldsmith. http://news.bbc.co.uk/2/h...mmes/panorama/6729903.stm