UK paid $74m in alleged bribes to Saudi to secure lucrative arms deal
The British government approved up to £60 million ($74 million) in alleged bribes to Saudi Arabia as part of a huge arms deal over many decades and sought to conceal the payments through a controversial arrangement described as “deniable fiddle”, a UK court was told yesterday. The “fiddle” involves paying bribes to Saudi officials using private contractors in order to secure major arms deal. The case, which is being held at Southwark Crown Court, relates to a UK government arms deal to provide communications services to the Saudi Arabian National Guard. The services were delivered by a private contractor, British firm GPT, a now defunct unit of Airbus. According to the Serious Fraud Office (SFO), which began an investigation into … Continue reading UK paid $74m in alleged bribes to Saudi to secure lucrative arms deal
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