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BAE in hot water, again. Bribery, again. Though with new clients this time

BAE in hot water, again. Bribery, again. Though with new clients this time

How surprising! BAE dominates Sleaze Alley again, this time with bribery as a sales-and-marketing tool in dealing with South Africa, the Czech Republic, Romania and Tanzania - though most deals were done in the 1990s. BAE failed to reach a settlement with Britain’s Serious Fraud Office and is now almost certain to end up in court. It looks as if BAE miscalculated this time; probably expecting to be treated in the same way it was in the previous probe of a gigantic bribery racket set up around a Saudi arms deal. In 2005, then Prime Minister Tony Blair killed the investigation citing national interests. But it appears that Gordon Brown’s team decided to stay out of the five-year old investigation, dealing a serious blow to BAE’s self-confidence. Of course, the question now is: How much of the funds ended up in South African pockets?


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