More fun & games in the Magic Kingdom
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I imagine that since Saudi has doubled in value this year with the oil price rise they can now afford to offer the sort of dosh that would attract the numbers they need.
However, they would not get me back there at any price.
However, they would not get me back there at any price.
Astonishing. If even half of it is true, then Evans must resign tomorrow.
t' Bungling Baron? Or 't Bent Baron Waste o' Space. With his lounge lizard ex-RSAF chum also deeply implicated.
I'm glad I no longer have any BWoS shares!
t' Bungling Baron? Or 't Bent Baron Waste o' Space. With his lounge lizard ex-RSAF chum also deeply implicated.
I'm glad I no longer have any BWoS shares!
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Watched it last night, fascinating stuff but not really surprising. "Bungs" still occur within many industries all though more carefully disguised now than ever before.
It was good fun watching the comings and goings at the BAE entertainment facilities at Farnborough this year!!
It was good fun watching the comings and goings at the BAE entertainment facilities at Farnborough this year!!
Oops - missed that! Thanks, Jinda'...
I sat watching the TV programme last night with mounting incredulity. But how much was truth - and how much was err, 'embroidered'?
I sat watching the TV programme last night with mounting incredulity. But how much was truth - and how much was err, 'embroidered'?
It seems that I wasn't the only one watching the programme:
"The Serious Fraud Office is looking into allegations of false accounting in connection with contracts between the Saudi Arabian government and BAE."
Is it 't Bungling Baron Waste o'Space - or 't Bent Baron...?
http://news.bbc.co.uk/1/hi/business/3978703.stm
"The Serious Fraud Office is looking into allegations of false accounting in connection with contracts between the Saudi Arabian government and BAE."
Is it 't Bungling Baron Waste o'Space - or 't Bent Baron...?
http://news.bbc.co.uk/1/hi/business/3978703.stm
Join Date: Nov 2002
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I won't hear any of it, they're a damn fine bunch and would never get involved with anything underhand.
It's all a big mistake and will be proven so I'm sure - unless the slush fund doesn't stretch to buying over the Serious Fraud Office!!
MD
It's all a big mistake and will be proven so I'm sure - unless the slush fund doesn't stretch to buying over the Serious Fraud Office!!
MD
Last edited by Min Drag; 3rd Nov 2004 at 16:52.
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Get your whips and tops out for a quick spin!
BWOS have already responded by saying "We understand that someone is probably trying to defraud the Company - but it wasn't us Guv, honest!!"
Ok you lot! The bar is about to close, who's not put their kitty in the slush bucket yet?
Love Many. Trust a few, Always paddle you own canoe!
Just had a phone call about my thread
The party line is
Ok you lot! The bar is about to close. who hasn\'t taken their kitty out of the slush fund yet!
Apologies!
BWOS have already responded by saying "We understand that someone is probably trying to defraud the Company - but it wasn't us Guv, honest!!"
Ok you lot! The bar is about to close, who's not put their kitty in the slush bucket yet?
Love Many. Trust a few, Always paddle you own canoe!
Just had a phone call about my thread
The party line is
Ok you lot! The bar is about to close. who hasn\'t taken their kitty out of the slush fund yet!
Apologies!
More on the investigations into 't Bent Baron here:
http://www.timesonline.co.uk/article...348446,00.html
http://www.timesonline.co.uk/article...348446,00.html
...and yet more:
From today's Sunday Times
Saudi threat to end British arms deals
BRITAIN’S defence industry could lose billions of pounds worth of work if the Saudi royal family is embarrassed by a Serious Fraud Office investigation into an alleged “slush fund”, write Dominic O’Connell and Paul Durman.
The Saudi authorities have warned the government that British companies will receive no further contracts from the Gulf state if any member of the royal family is embarrassed by the investigation into alleged accounting irregularities in contracts between BAE Systems, Britain’s largest defence contractor, and two travel agency firms.
BAE Systems is alleged to have footed £17m of expenses run up by Prince Turki bin Nasser, the Saudi minister responsible for negotiating arms purchases from Britain, including the cost of private jets and paying for grand suites in luxury hotels.
Documents seized by Ministry of Defence police suggest that the “slush fund” totalled £60m.
The warning from the Saudis threatens two large contracts currently under negotiation, according to senior defence industry sources. These are a £1.4 billion upgrade to the Saudi air force’s fleet of British-made Tornado fighter bombers and a £3 billion-plus deal to sell the Saudis the new Eurofighter Typhoon combat aircraft.
The travel agencies were allegedly used to provide benefits to Saudi defence officials in connection with the al-Yamamah contracts, two massive arms deals under which BAE Systems supplied aircraft and continuing support to Saudi Arabia. The deals were negotiated with the support of Margaret Thatcher.
A senior defence industry source said the Saudis were unhappy that the country’s name was being linked to allegations of bribery and corruption. “They are hugely sensitive to all this stuff,” he said. “They are very proper, they are very private, they are very strict. They don’t like this kind of publicity at all.
“They feel very offended. The constant implication that these people take bribes is obviously offensive to them.”
From today's Sunday Times
Saudi threat to end British arms deals
BRITAIN’S defence industry could lose billions of pounds worth of work if the Saudi royal family is embarrassed by a Serious Fraud Office investigation into an alleged “slush fund”, write Dominic O’Connell and Paul Durman.
The Saudi authorities have warned the government that British companies will receive no further contracts from the Gulf state if any member of the royal family is embarrassed by the investigation into alleged accounting irregularities in contracts between BAE Systems, Britain’s largest defence contractor, and two travel agency firms.
BAE Systems is alleged to have footed £17m of expenses run up by Prince Turki bin Nasser, the Saudi minister responsible for negotiating arms purchases from Britain, including the cost of private jets and paying for grand suites in luxury hotels.
Documents seized by Ministry of Defence police suggest that the “slush fund” totalled £60m.
The warning from the Saudis threatens two large contracts currently under negotiation, according to senior defence industry sources. These are a £1.4 billion upgrade to the Saudi air force’s fleet of British-made Tornado fighter bombers and a £3 billion-plus deal to sell the Saudis the new Eurofighter Typhoon combat aircraft.
The travel agencies were allegedly used to provide benefits to Saudi defence officials in connection with the al-Yamamah contracts, two massive arms deals under which BAE Systems supplied aircraft and continuing support to Saudi Arabia. The deals were negotiated with the support of Margaret Thatcher.
A senior defence industry source said the Saudis were unhappy that the country’s name was being linked to allegations of bribery and corruption. “They are hugely sensitive to all this stuff,” he said. “They are very proper, they are very private, they are very strict. They don’t like this kind of publicity at all.
“They feel very offended. The constant implication that these people take bribes is obviously offensive to them.”
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The Saudi authorities have warned the government that British companies will receive no further contracts from the Gulf state if any member of the royal family is embarrassed by the investigation into alleged accounting irregularities in contracts between BAE Systems, Britain’s largest defence contractor, and two travel agency firms.
The corrupt Saudis take the bribes - yes, that's what they are - and then threaten retaliatory action if all is revealed in a free press.
If you do business with the devil this is the flack that you have to live with.
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I took one of their ships out of build and on my first OOD duty had both a fire and a flood. The flood was caused by welding a high pressure water main with wrigley's juicy fruit chewing gum then hiding behind pipe lagging.
Anyway all I got out of the company was a lousy pen - didn't write at all well. (apparently the top half was laser cut using the latest technology and the bottom half was independently hand-jigged in the 1950s and they couldn't be joined- when I pointed this out they angrily said that I had to accept all financial risk - cost of redesign £500m, but at least an Air Commodore got promoted and an Ex-Chief of the Air Staff got a place on the Board)
Livin' the Dream....
Anyway all I got out of the company was a lousy pen - didn't write at all well. (apparently the top half was laser cut using the latest technology and the bottom half was independently hand-jigged in the 1950s and they couldn't be joined- when I pointed this out they angrily said that I had to accept all financial risk - cost of redesign £500m, but at least an Air Commodore got promoted and an Ex-Chief of the Air Staff got a place on the Board)
Livin' the Dream....
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A senior defence industry source said the Saudis were unhappy that the country’s name was being linked to allegations of bribery and corruption. “They are hugely sensitive to all this stuff,” he said. “They are very proper, they are very private, they are very strict. They don’t like this kind of publicity at all.
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Corruption is rife in the whole region and the only real way to get business secured is with back handers thinly disguised in one way or another. I wonder how much pressure will now be brought to bear on the Serious Fraud Squad to preserve one of the biggest money spinners our country has ever seen.
Saudipc-9,
BWOS know no bounds to their corruption they even managed to bribe you to go and work for them!!
MD
Saudipc-9,
BWOS know no bounds to their corruption they even managed to bribe you to go and work for them!!
MD
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Sorry, but you simply cannot accuse those who work for BWoS of taking bribes to do that work.
What they take is called pay.
What the Saudis take to buy second rate kit is called a bribe.
What they take is called pay.
What the Saudis take to buy second rate kit is called a bribe.
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I was a little surprised that this thread wasn't resurrected after the CNN 'special' aired last Saturday about KSA. I think it was called something along the lines of "Kingdom in Crisis". Anyone actually living in KSA like to comment on the program?
I was somewhat bemused but not at all surprised that the selection process of the first Saudi national female flight attendants was considered too controversial to put to air - (the one applicant they showed on screen for a nanosecond was a babe) - while the oil pipeline salesman scared the bejeesus out of me.
I was somewhat bemused but not at all surprised that the selection process of the first Saudi national female flight attendants was considered too controversial to put to air - (the one applicant they showed on screen for a nanosecond was a babe) - while the oil pipeline salesman scared the bejeesus out of me.
Last edited by Wiley; 27th Nov 2004 at 08:21.
