EIR News Service press release
Dear Mr. Attorney General: I am writing you concerning recent reports that the British defense company BAE Systems (BAE) may have violated U.S. anti-bribery laws in relation to its international arms deals. As you are undoubtedly aware, BAE is currently seeking approval for the acquisition of Armor Holdings, Inc., the U.S. maker of armor for Humvees. BAE also currently supplies Bradley Fighting Vehicles to the U.S. military. According to published reports, Britain\'s Serious Fraud Office was investigating an $80 billion transaction, known as the Al-Yamamah deal, involving a series of illegal payments by BAE through the now defunct Riggs bank in Washington, DC to former Saudi Ambassador to the U.S., Prince Bandar bin Sultan. That investigation was halted last December by the British Attorney General, Lord Goldsmith, on the grounds that it was not in the national interest to pursue the inquiry.