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Author Topic: U.K. arms dealer secretly paid Saudi prince $2B: BBC  (Read 1341 times)
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All that glitters...

« on: June 09, 2007, 12:22:55 AM »

U.K. arms dealer secretly paid Saudi prince $2B: BBC
Last Updated: Thursday, June 7, 2007 | 12:30 PM ET
CBC News

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.

Investigation stopped

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.


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