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Wednesday, August 1, 2007
Volume:
23
Issue:
8
298
Abstract:
On June 7, 2007, the BBC and the Guardian reported allegations that British defense contractor BAE paid Saudi Prince Bandar bin Sultan over £30 million in connection with a controversial defense contract. Under the disputed arrangement, the Al Yammah arms contract, BAE supplied arms and defense equipment to the Saudi Arabian government. These revelations increased pressure on U.S. authorities to take action against BAE for violation of U.S. anti-corruption laws ... [more]