comsc US Politics | AMERICAblog News: Massive arms corruption investigation stopped - national security cited
Join Email List | About us | AMERICAblog Gay
Elections | Economic Crisis | Jobs | TSA | Limbaugh | Fun Stuff

Massive arms corruption investigation stopped - national security cited



| Reddit | Tumblr | Digg | FARK

This is beyond belief and I hope that we don't see similar results when Congress starts their own investigations into corruption. Why are so many countries getting dragged through the mud for this industry which seems to act outside of the law? Ike warned the US about this industry when he left office but the problem only gets worse. I understand how the "defense" industry prospers though I fail to see how democratic countries prosper.

The remarkable intervention was announced by the attorney general, Lord Goldsmith, who took the decision to end the Serious Fraud Office inquiry into alleged bribes paid by the company to Saudi officials, after consulting cabinet colleagues.

In recent weeks, BAE and the Saudi embassy had frantically lobbied the government for the long-running investigation to be discontinued, with the company insisting it was poised to lose another lucrative Saudi contract if it was allowed to go on. This came at a time when the SFO appeared to have made a significant breakthrough, with investigators on the brink of accessing key Swiss bank accounts.

However, Lord Goldsmith consulted the prime minister, the defence secretary, foreign secretary, and the intelligence services, and they decided that "the wider public interest" "outweighed the need to maintain the rule of law". Mr Blair said it would be bad for Britain's security if the SFO was allowed to go ahead, according to the statement made in the Lords by Lord Goldsmith. The statement did not elaborate on the nature of the threat.

BAE claimed that it was about to lose out on a third phase of the Al-Yamamah deal, in which the Saudis would buy 72 Typhoon aircraft in a deal worth £6bn. The Saudis had also hinted that they would do a deal with the French instead if the inquiry pushed ahead. A 10-day ultimatum was reportedly issued by the Saudis earlier this month.
Sounds dangerous, indeed.
Clare Short, Mr Blair's former cabinet colleague, said: "This government is even more soiled than we thought it was. It means that BAE is above the law."

She added: "The message it sends to corrupt businessmen is carry on - the government will support you."
Let's export this kind of democracy everywhere, huh?


blog comments powered by Disqus