Royal Dutch Shell Plc  .com Rotating Header Image

Shell money laundering of Al-Yamamah proceeds

By John Donovan

In September 2009, we published an article headlined: BAE Systems whistleblower accuses Shell & BP of money laundering Al-Yamamah proceeds

Al-Yamamah was the Saudi/UK corruption scandal investigated by the UK Serious Fraud Office until the investigation was stopped in its tracks by the then PM, Tony Blair, a man not known for being incorruptible or honest. Blair gave in to threats from the repressive Saudi regime. In my lifetime, this was a low point in the UK’s international reputation, along with the Suez fiasco.

The scandal involved bartering oil for arms. The proceeds were laundered through Shell and BP.

Our story came from a Saudi BAE Systems insider. I met the individual a number of times. He said that he had already been interviewed in the USA by the US Justice Department, who were carrying out their own investigation after the UK investigation was terminated in the dubious and shameful circumstances I have mentioned.

I spoke to a source in Washington who confirmed the basics of the information the BAE whistleblower had supplied to me about his contact with the US authorities.

In our article, we named Prince Turki Bin Nasir as being a key player/beneficiary in the corruption scandal, along with Shell and BP.

The scandal is now beginning to unravel because of WikiLeaks. See:

Revelations in BAE Saudi case prompt inquiry call: The Telegraph 12 March 2011

Leaked US diplomatic cable disclosed the full case against BAE Systems, the defence contractor: The Telegraph 12 March 2011

Comments are closed.

%d bloggers like this: