Controversy continues over UK violation of OECD bribery convention

Controversy continues over the ECGD supported sale of fighter aircraft to Saudi Arabia and related allegations of bribery. British Aerospace Enterprises (BAE) appears likely to be quizzed by US Congressional investigators as it seeks approval for its £2bn purchase of Armor Holdings, the company that makes armour for the Humvee military vehicle. Meanwhile, Swiss authorities have opened a criminal investigation into possible money laundering at BAE and the UK Serious Fraud Office continues its probes into deals with Tanzania, the Czech Republic, South Africa, Chile, Qatar and Romania. Updates on the export credit supported BAE deals can be found on the CAAT and Corner House web sites. .