Will The BAe Scandal Be Gordon Browns Downfall?
Just when Gordon Brown thought that things could not get any worse it looks as though the alleged British Aerospace (BAe) bribes scandal is set to grab the headlines again. In direct conflict to the UK stance on the situation, both Mike Turner, Chief Executive of BAe, and Nigel Rudd, a non-executive director, where detained for a short while after landing in the US last week. It seems that US authorities are set to serve more subpoenas on British Aerospace and a number of employees in connection with their ongoing investigation into the $84 billion Al Yamamah arms deal.
While the deal was signed in 1985, under a Conservative government, it appears that the current UK authorities are in possession of highly sensitive information which allegedly confirms unauthorised payments were made. A recent attempt to bring the deal before the courts was blocked by the UK government after pressure from the Saudi Arabian government who threatened sanctions against the UK.
It seems as though the US authorities are looking to get to the bottom of the situation and may well bring charges against US employees of the company, as well as senior management from the head office.
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