Sunday, November 11, 2007

Court to study BAE fraud decision


This is good news......corruption needs to be investigated!

The problem here is that the investigation will run into a wall when they move to investigate the Saudi side.....and that needs to be part of the investigation.

It is clear that no business of any kind is transacted in that country without going through one of the princes or their friends. Is that corruption or just part of the price of dealing with the ruling family?

There is much state collusion here and the companies are squeezed being in the middle.

Onésimo Alvarez-Moro

See article:
Two pressure groups have won a High Court challenge on the legality of the decision to end investigations into BAE Systems' dealings with Saudi Arabia.

Corner House Research and the Campaign Against Arms Trade (CAAT) had asked for permission to seek a judicial review.

They want to contest the Serious Fraud Office's decision last year to stop investigations into whether BAE gave money to Saudi officials in the 1980s.

BAE, the UK's largest defence group, has always said it acted lawfully.

Lord Justice Moses, sitting with Mr Justice Irwin, said "matters of concern and public importance" had been raised and the challenge "cries out for a hearing".

See full Article.