Sunday, June 10, 2007

Did You Know - International Corruption

The biggest crooks in the world are often the richest to begin with. And they all run in the same circles. And they all share the same moral code: screw the little guy.

From the Washington Post....

Prince Bandar bin Sultan, a member of Saudi Arabia's royal family and the kingdom's former ambassador to the United States, pocketed about $2 billion in secret payments as part of an $80 billion arms deal between Britain and Saudi Arabia that was first signed in 1985, British media reported Thursday.

The reports revived questions about the British government's decision in December to drop a fraud investigation into the deal, which has been plagued by allegations of bribes and secret slush funds for almost two decades.

In remarks Thursday, Prime Minister Tony Blair did not comment
directly on the reports made on the
BBC and in the Guardian newspaper. But he repeated his frequent defense of the decision to drop the investigation on national security grounds.

"This investigation, if it had gone ahead, would have involved the most serious allegations in investigations being made into the Saudi royal family," Blair said at a meeting of the Group of Eight nations in Germany.

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