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Sunday, June 08, 2008

Fugitive Saudi Gets Pentagon Contract

  If this doesn't take the cake! Leave it to the Bush Crime Syndicate to give a contract to an individual who is wanted by the F.B.I.

  DailyKos

Gretchen Peters reports that the Pentagon has awarded an international fugitive, shadowy Saudi financier Gaith Pharaon, an $80 million contract to supply jet fuel in Afghanistan (h/t Ron Beasley). Pharaon is a fugitive from the FBI as well as the subject of investigations by France and Italy.

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

  This creep was a fellow classmate of George's back at Harvard and his speacialty would seem to be banking scandals, remember BCCI and CenTrust?

    This bum is going to supply fuel to our pilots in Afghanistan. More of the Republicans support for our troops, I guess.

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