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LONDON (AFP) - The US Department of Justice on Tuesday launched an anti-corruption probe into BAE Systems amid allegations the British arms maker paid bribes to secure contracts in Saudi Arabia in the 1980s.
Shares in BAE, which makes about 40 percent of its sales in the United States, plunged 7.80 percent to close at 407.75 pence on London's falling FTSE 100 index. It earlier plumbed as low as 392 pence.
Originally posted by FredT
In talking to people I know that work in the oil industry such deals with the Saudi's are simply part of doing business. im sure that any defence, oil, etc. companies have had to do this.
Originally posted by sminkeypinkey
So whilst I'm not holding my breath if this does go forward (with any credibility) I'll look forward to seeing Mark Thatcher (son of Mrs/Lady T) being hauled up before the US courts to explain just how come he managed become so wealthy in such a very short space of time whilst apparantly doing almost nothing by way of actual work!
Originally posted by The Winged Wombat
Personally, I am sickened by the US insistence that US forces cannot be brought to account for incidents during a war on foreign soil. That would mean that incidents such as the My Lai massacre in Vietnam would go unpunished - and that just ain't right!
Originally posted by The Winged Wombat
One thing that it does point out is that politicians (and their 'hangers-on') are a bunch of crooks.
BAE is attempting to position itself to compete in the lucrative US defence market.
The USA also around that time sold substantial quantities of arms (then very high tech aircraft - F15's) to the Saudis.
Originally posted by kilcoo316
BAe (and almost every other armaments dealer out there) are scum of the earth, and I wouldn't shed one single tear if they all went under.
How much money have African countries given to arms dealers instead of feedin their populations?
Man, you can only come to one conclusion - America has one set of legal and moral values for itself and a completely different set for everyone else. Let's see... perhaps that's why America is 'so loved' by the rest of the world.
Not to drag the topic off too far, as some posters seem more interested in venting US anger, again. But US military personnel are all subject to court martial under US jurisdiction and according to the rules and regulations in the UCMJ. What we will not allow however are third party nations and entities (ICC) outside of our jurisdiction to try out troops. This is due to the fear of unfair bias and agenda.
Given that there were Australians locked up in Gauntanamo who were arrested in a third party country, it shouldn't be too hard to see that even the citizens of a close ally can see this kind of action as supposed "evidence" of double standards.
At this very moment there is a case here in Australia against a US sailor who flew from the US to Sydney to procure an underage girl who he had 'met' in an internet chat room.... How can I interpret the action of the US Government in attempting to take a criminal case, on our soil, against one of our citizens, involving something we both see as a crime, out of our hands.
Originally posted by timeless test
Would that sentiment hold good if your country was being invaded and you were forced to defend yourself with a brick on a piece of string and a catapult?
That sounds more like a valid reason for complaints against foolish heads of African governments to me.
Originally posted by kilcoo316And if the other lot only had strings and catapults because no pond-scum lowlife sold them guns either...
Do you think its a wise course of action to sell children guns or explosives?