By John Donovan In September 2009, we published an article headlined: BAE Systems whistleblower accuses Shell & BP of money laundering Al-Yamamah proceeds Al-Yamamah was the Saudi/UK corruption scandal investigated by the UK Serious Fraud Office until the investigation was stopped in its tracks by the then PM, Tony Blair, a man not known for [...]
Posts Tagged ‘Saudi Arabia arms deal’
Shell money laundering role in Saudi/BAE Systems corruption scandal
U.K. Judge Throws Curveball in BAE Agreement By Dionne Searcey: DECEMBER 20, 2010 Bringing closure to foreign-corruption cases has generally become a formulaic process. The company pays a bribe overseas, law enforcement finds out, the two sides reach some kind of a settlement deal, a judge approves it, and everyone goes their separate ways. Any [...]
BAE reaches $450 million settlement with U.S., Britain
An previous investigation by Britain’s Serious Fraud Office (SFO) into reports BAE paid about 1 billion pounds over a decade to Prince Bandar bin Sultan in connection with the al-Yamamah arms deal had been halted in December 2006 by former Prime Minister Tony Blair after the probe angered Saudi Arabia.
Shell/Motiva CEO Bob Pease dragged into Tom Purves controversy
By John Donovan The following is a self-explanatory email I sent earlier today to Robert (Bob) Pease, President & Chief Executive Officer of Motiva Enterprises LLC, which is jointly owned by a subsidiary of Saudi Aramco and Shell. From the Motiva Website: Formed in 1998, Motiva Enterprises LLC operates primarily in the eastern and southern [...]
Saudi Arabia takes possession of advanced fighter jets: the Shell connection
There is also an oil element. There was an oil barter arrangement whereby oil was marketed, initially by Shell and BP, and the proceeds were routed through the MOD to BAE Systems.”
Arms company bosses embarrassed at AGM
At one point, BAE director Andy Ingils was greeted with laughter and jeers when he said that he wanted to make weapons environmentally friendly.
Former FBI chief defends flow of money to Saudi ambassador
Excerpts: Freeh said that a 1985 treaty between Britain and Saudi Arabia allowed the trade of oil for weapons. BAE signed an $86-billion contract with the Saudis under the provisions of the treaty, and the funds that flowed between Britain and the Bandar-controlled bank accounts in the U.S. may have come from the sale of Saudi oil under the terms of the contract. “We did not invent corruption,” Prince Bandar bin Sultan tells Bergman. “This has happened since Adam and Eve. . . . This is human nature.”
Corruption overseas Britains bribery shame
The UK has been identified for several years by the OECD as one of the worst laggards… This is highlighted by the fact that the suspension of the Al-Yamamah investigation in 2006 looking at alleged bribes paid by BAE Systems as part of a UK-Saudi Arabia arms deal


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