By John Donovan
The Financial Times published an article yesterday confirming that “BAE Systems, the British weapons maker, is being investigated by the US Justice Department over bribery allegations related to the Al-Yamamah arms deal with Saudi Arabia…”
The FT article headlined “Companies scramble to tackle corruption“, goes on to say: “The justice department picked took up the BAE case after the UK abandoned its own probe under pressure from Saudi Arabia. The decision damaged Britains reputation internationally, and the country has been accused of lax policing of overseas corruption involving UK groups.”
Royal Dutch Shell and BP played pivotal roles in the “oil for arms” deal said to be the biggest scandal in history. We have published evidence including declassified documents revealing details of the top secret agreements involving the UK government, BAE Systems, Shell, BP, and members of the Saudi Royal family.
The US Justice Department investigation is highly sensitive and the outcome potentially explosive for Shell in view of its close relationship with the state owned oil company Saudi Aramco, involving joint ventures in the USA under the Shell/Motiva umbrella.