November 17, 2003

BAE Systems: Sex, Cars, Gambling, Saudis & the UK's Largest Business Deal Ever

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There was an article I noticed in CorpWatch today, about how BAE Systems - the former British Aerospace - allegedly secured sales of some $33.4 billion in jet aircraft and other weapons systems to the Saudi government, in return for a providing the buyers with a "slush fund to finance prostitutes, gambling trips, yachts, sports cars, and more for its most important clients the Saudi royal family and their intermediaries, greasing the wheels of the largest business deal in UK history".

Really fascinating reading!

- Arik

Posted by Arik Johnson at November 17, 2003 03:18 PM | TrackBack