BAE Systems just can't seem to get out of the news these days. First it was the cancellation of the probe, citing "national security", into its multi-billion pound deal with the Saudi's for EuroFighters. Then news got out that the Serious Fraud Office was investigating claims of bribery in another multi-billion pound deal with South Africa. Now comes word that the SFO is also investigating allegations of a 12 million USD payment to a middleman, that represented 30% of the value of the entire contract, in a deal to sell Tanzania a sophisticated military radar system it almost certainly didn't require.
Tony Blair's influence also looms large in all of these deals. What's the betting he ends up on the BAE board after his "retirement"?
Tony Blair's influence also looms large in all of these deals. What's the betting he ends up on the BAE board after his "retirement"?
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