The UK Serious Fraud Office (SFO) is on the brink of obtaining information from Swiss banks which may implicate the Saudi royal family in secret arms-deal commissions of more than £100 million (US$189 million), sources close to the attorney general's office confirmed on Sunday.
The SFO has been inquiring for three years into allegations of systematic corruption in international deals arranged by Britain's biggest arms company, BAE Systems.
Progress
But it was only this autumn that the Saudis, along with BAE executives and officials of the Ministry of Defense's arms sales department, DESO, became aware of how much progress the SFO has made. Sources close to the Swiss say the authorities there notified two middlemen that access to their bank accounts was being sought.
One is believed to be a prominent Lebanese politician, the other a wealthy Syrian. A process of formal appeal by them has been taking place in Geneva. Legal sources said that the Swiss normally grant preliminary access in such criminal cases for accounts to be inspected. This would enable the SFO to trace any payments passed on to accounts belonging to the Saudi royals.
Since the Swiss disclosure to their account holders, the British attorney general has faced renewed political pressure from BAE to block the expanding SFO inquiry.
The company has hired a firm, Allen & Overy, to protect its position with the SFO. BAE denies wrongdoing and says it is cooperating with the inquiry. The attorney general, Lord Goldsmith, is reported to have refused to intervene, and MPs say any move by him to do so would provoke uproar. The Saudis also deny any wrongdoing.
Saudi officials are reported to have met British Prime Minister Tony Blair's chief of staff, Jon-athan Powell, to discuss the fate of Al Yamamah 3, the latest multi-billion-pound installment of BAE's warplane sales to the Saudis, amid fears for the deal if the Swiss probe is not blocked.
The Powell family have intimate knowledge of the history of the deals. Powell's brother, Charles -- Lord Powell -- has been on BAE's payroll as a consultant, and his son, Hugh, heads the UK Foreign Office's security policy department, which is concerned with BAE. But there is no reason to believe any threats would be met with other than an entirely proper response in the prime minister's office.
Threats
Reported threats from the Saudis to break diplomatic links and withdraw intelligence co-operation over al-Qaeda have been discounted in parliamentary circles.
According to internal Cabinet Office documents, the Saudi royal family relies on a flow of information from British intelligence on the neighboring Shiite Muslim regime in Iran. The royals, who are Sunnis, are also a target of al-Qaeda, being accused of despotism and corruption. It would weaken their own position to break off intelligence links with Britain.
Four people jailed in the landmark Hong Kong national security trial of "47 democrats" accused of conspiracy to commit subversion were freed today after more than four years behind bars, the second group to be released in a month. Among those freed was long-time political and LGBTQ activist Jimmy Sham (岑子杰), who also led one of Hong Kong’s largest pro-democracy groups, the Civil Human Rights Front, which disbanded in 2021. "Let me spend some time with my family," Sham said after arriving at his home in the Kowloon district of Jordan. "I don’t know how to plan ahead because, to me, it feels
‘A THREAT’: Guyanese President Irfan Ali called on Venezuela to follow international court rulings over the region, whose border Guyana says was ratified back in 1899 Misael Zapara said he would vote in Venezuela’s first elections yesterday for the territory of Essequibo, despite living more than 100km away from the oil-rich Guyana-administered region. Both countries lay claim to Essequibo, which makes up two-thirds of Guyana’s territory and is home to 125,000 of its 800,000 citizens. Guyana has administered the region for decades. The centuries-old dispute has intensified since ExxonMobil discovered massive offshore oil deposits a decade ago, giving Guyana the largest crude oil reserves per capita in the world. Venezuela would elect a governor, eight National Assembly deputies and regional councilors in a newly created constituency for the 160,000
North Korea has detained another official over last week’s failed launch of a warship, which damaged the naval destroyer, state media reported yesterday. Pyongyang announced “a serious accident” at Wednesday last week’s launch ceremony, which crushed sections of the bottom of the new destroyer. North Korean leader Kim Jong-un called the mishap a “criminal act caused by absolute carelessness.” Ri Hyong-son, vice department director of the Munitions Industry Department of the Party Central Committee, was summoned and detained on Sunday, the Korean Central News Agency (KCNA) reported. He was “greatly responsible for the occurrence of the serious accident,” it said. Ri is the fourth person
At a calligraphy class in Hanoi, Hoang Thi Thanh Huyen slides her brush across the page to form the letters and tonal marks of Vietnam’s unique modern script, in part a legacy of French colonial rule. The history of romanized Vietnamese, or Quoc Ngu, links the arrival of the first Christian missionaries, colonization by the French and the rise to power of the Communist Party of Vietnam. It is now reflected in the country’s “bamboo diplomacy” approach of seeking strength through flexibility, or looking to stay on good terms with the world’s major powers. A month after Chinese President Xi Jinping (習近平) visited,