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Arabia
Saudi prince in arms case denies backhanders
2007-06-13
Prince Bandar bin Sultan, at the centre of British media reports he received a huge commission for a multi-billion-dollar arms deal, insists all the funds went to the Saudi government. “The allegations in The Guardian have nothing to do with the truth and reality but represent a pinnacle of slander and lies,” the former ambassador to Washington said in a statement carried on Tuesday by state news agency SPA. “All the sums mentioned by the newspaper were transferred from Saudi government accounts to other accounts of the Saudi government, and not to my personal accounts,” the prince said. “It is illogical to believe that any transfer in keeping with US and British banking regulations be kept secret, or without the governments or the parties concerned being informed,” he said. “All the parties concerned in the Saudi government were aware and fully informed of all the spending through the accounts” in Washington, when he was the oil-rich kingdom’s ambassador.
Posted by:Fred

#2  Well, since Soddy govt = royal family, is there a difference? Just laundered thru the family's accounts.
Posted by: Spot   2007-06-13 08:05  

#1  "All the sums...were transferred from Saudi government accounts to other accounts of the Saudi government, and not to my personal accounts."

Magic 8 Ball says "don't accept any rides out to the desert."
Posted by: PBMcL   2007-06-13 00:41  

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