First ever criminal case is brought during corruption investigations into British weapons manufacturer, which began more than five years ago after disclosures in the Guardian David Leigh and Rob Evans Friday 29 January 2010 19.47 GMT One of BAE’s former confidential agents, Count Alfons Mensdorff-Pouilly, was today charged by the Serious Fraud Office with bribery [...]
Posts Tagged ‘BAE Systems’
Britain’s oil and gas giants, its mining companies and its arms manufacturers have a powerful and ongoing relationship with government and an effective lobbying influence in the office of successive Prime Ministers.
The Sunday Telegraph November 15, 2009 Ministry cannot account for where £1bn went in Saudi oil-for-jets affair DAVID HENCKE DETAILS OF a damning secret report into Britain’s biggest ever arms deal, which raises questions over how the Ministry of Defence spent more than £lbillion, can be disclosed for the first time by The Sunday Telegraph. [...]
At one point, BAE director Andy Ingils was greeted with laughter and jeers when he said that he wanted to make weapons environmentally friendly.
SFO scarred by BAE Systems, Al-Yamamah, Saudi Arabia corruption scandal (in which Shell played a key role)
Serious Fraud Office: “…attempting to rebuild internal and external confidence in an organisation scarred by the enforced withdrawal, on Government instructions, of its investigation into bribery allegations swirling around BAE Systems and its Al-Yamamah contract with Saudi Arabia.”
SFO chief Richard Alderman has visited the US to meet Department of Justice investigators who are probing BAE’s controversial multi-billion pound al-Yamamah arms deal with Saudi Arabia.
There may be no silver lining in a story that involves Iran being able to spend untold millions on its weapons procurement, but at least this UK institution’s actions debunk the popular myth that it is only the U.S. that will conveniently ignore international norms of behavior for the sake of a reliable oil supply.
BAE Arms Contract Bribes Under Investigation in 7 Countries (*Shell at the heart of Al-Yamamah oil-for-arms scandal)
Allegations of bribery by BAE to secure arms contracts are now under investigation by the authorities of seven countries, plus the Organisation for Economic Cooperation and Development which holds oversight authority over international commitments on corruption. BAE executives have even been detained in the United States for questioning by the Federal Bureau of Investigation.
BAE also got into trouble for paying similar size bribes to Saudi Arabian officials to facilitate a deal for Eurofighters. When British investigators sought to prosecute BAE, the Saudis threatened to cut off counter-terrorism cooperation if the British investigators did not back off. The British government ordered the prosecution halted.
BAE accused of £100m secret payments to seal South Africa arms deal (*BAE and the MoD were Shell’s partners in the Saudi Arabian Al Yamamah oil-for-arms scandal)
This follows the closedown of the SFO’s own inquiry in London into BAE’s multimillion pound payments to members of the Saudi royal family. Tony Blair, as prime minister, forced the SFO to call off the inquiry on alleged grounds of “national security”.
The UK has been identified for several years by the OECD as one of the worst laggards… This is highlighted by the fact that the suspension of the Al-Yamamah investigation in 2006 looking at alleged bribes paid by BAE Systems as part of a UK-Saudi Arabia arms deal
Britain’s international reputation took a battering two years ago when then-Prime Minister Tony Blair called off a Serious Fraud Office inquiry into BAE Systems’ multi-billion pound arms deal with Saudi Arabia.
In BAE Probe, U.S. Steps In Where Brits Fear to Tread (the corruption scandal in which Shell played a key role)
The BAE case is four years long, with a complicated history. But it springs from some fairly simple acts: In order to secure a lucrative arms contract, BAE allegedly paid off several Saudi officials, including Prince Bandar bin Sultan bin Abdul Aziz Al Saud. The payments allegedly totaled some $2 billion over nearly two decades.
The arrests – which came after raids last month on a number of properties in Britain, Hungary and Austria – highlight the wide range of active probes still facing BAE in the aftermath of the scrapped investigation into its Saudi Arabian arms deals.
British business was branded yesterday with an unprecedented corruption health warning by leading industrialised nations. They were angered by London’s dropping of an inquiry into BAE Systems’ Saudi Arabian arms deals and its failure to pursue other cases of suspected foreign bribery.