June 06, 2007

Buying Bandar

I'm shocked, just shocked.

BAE Systems made regular payments of hundreds of millions of pounds to Prince Bandar bin Sultan for more than a decade ... David Caruso, an investigator who worked for the American bank where the accounts were held, said Prince Bandar had been taking money for his own personal use out of accounts that seemed to belong to his government. He said: "There wasn't a distinction between the accounts of the embassy, or official government accounts as we would call them, and the accounts of the royal family." Mr Caruso said he understood this had been going on for "years and years".

Next thing you know these princes living the high life off their country's cash will be curtailing the freedoms of its people. Oh wait ...

Posted by armand at June 6, 2007 10:58 PM | TrackBack | Posted to Corruption


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