Saudi Typhoon on the skids?
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Lord Goldsmith said that both Mr Blair and Defence Secretary Des Browne had argued that carrying on the investigation would harm intelligence and diplomatic co-operation with Saudi Arabia, in turn damaging the UK's national security.
BBC business editor Robert Peston says that major UK companies - both arms firms and other manufacturers - have voiced fears that they stood to lose other lucrative deals should the probe have continued.
The SFO said in a statement, however: "No weight has been given to commercial interests or to the national economic interest."
BBC business editor Robert Peston says that major UK companies - both arms firms and other manufacturers - have voiced fears that they stood to lose other lucrative deals should the probe have continued.
The SFO said in a statement, however: "No weight has been given to commercial interests or to the national economic interest."
The Director of the Serious Fraud Office has decided to discontinue the investigation into the affairs of BAE SYSTEMS Plc as far as they relate to the Al Yamamah defence contract with the government of Saudi Arabia.
