ABC Reporting: U.S. Posted $80MM Contract This Wk w/ Saudi Indicted Re- BCCI

[snot]

"The US military has awarded an $80 million contract to a prominent Saudi financier who has been indicted by the US Justice Department. The contract to supply jet fuel to American bases in Afghanistan was awarded to the Attock Refinery Ltd, a Pakistani-based refinery owned by Gaith Pharaon. Pharaon is wanted in connection with his alleged role at the failed Bank of Credit and Commerce International (BCCI), and the CenTrust savings and loan scandal, which cost US tax payers $1.7 billion.

"The Saudi businessman was also named in a 2002 French parliamentary report as having links to informal money transfer networks called hawala, known to be used by traders and terrorists, including Al Qaeda.

"Interestingly, Pharaon was also an investor in President George W. Bush's first business venture, Arbusto Energy."

(More at http://abcnews.go.com/Blotter/story?id=4996285&page=1 ; see also http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=389&topic_id=3384539 )

[sicksicksick_N_tired]

1. mindboggling

:silly: but NOT surprising