BAE Paid for Luxury Saudi Honeymoon

[Times-UK] David Leppard - The British arms firm BAE Systems secretly paid nearly £250,000 for a honeymoon for the daughter of Prince Bandar, the Saudi Arabian prince at the center of bribery allegations. A senior BAE executive authorized the payments, allowing Bandar's daughter to enjoy a six-week honeymoon in luxury resorts in Singapore, Malaysia, Bali, Australia and Hawaii. The honeymoon for Princess Reema was paid for through a £60m slush fund which the Serious Fraud Office believes was set up by BAE to encourage Saudi royals to continue with a £43 billion arms contract to supply Hawk and Tornado jets.

2007-06-21 01:00:00

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