In what may prove to be an old scandal but one that could come back to further tarnish his already poor image, French President Nicolas Sarkozy has been heavily implicated in a bribery scandal from the 1990s involving an Airbus deal to supply Saudia Airlines with commercial passenger planes.
The French government, then led by Prime Minister Edouard Balladur, a political mentor of Sarkozy offered to pay a bribe to a major Saudi official in return for a $6 billion contract with the Saudi Ministry of Defense and Aviation (MODA) to re-supply Saudia with aircraft. WMR has learned from a source involved with the Saudi contract negotiations that Sarkozy, France's Budget Minister at the time, was Balladur's "right-hand man" in offering the bribe to the Saudi official, said to be a high-level prince in the Saudi government.
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However, WMR has learned that the French bribery involvement with the Saudis pales in comparison with bribes and kickbacks involving top Saudis and U.S. politicians, particularly George H. W. and George W. Bush. WMR has learned that violations of the Foreign Corrupt Practices Act by U.S. corporations in deals with the Saudis have totaled $350 billion. $83 billion from U.S. bribes have been placed in special Saudi fund devoted to squelching civil dissent in Saudi Arabia. The CIA is fully supportive of the "arrangement." Full story...
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The French government, then led by Prime Minister Edouard Balladur, a political mentor of Sarkozy offered to pay a bribe to a major Saudi official in return for a $6 billion contract with the Saudi Ministry of Defense and Aviation (MODA) to re-supply Saudia with aircraft. WMR has learned from a source involved with the Saudi contract negotiations that Sarkozy, France's Budget Minister at the time, was Balladur's "right-hand man" in offering the bribe to the Saudi official, said to be a high-level prince in the Saudi government.
(...)
However, WMR has learned that the French bribery involvement with the Saudis pales in comparison with bribes and kickbacks involving top Saudis and U.S. politicians, particularly George H. W. and George W. Bush. WMR has learned that violations of the Foreign Corrupt Practices Act by U.S. corporations in deals with the Saudis have totaled $350 billion. $83 billion from U.S. bribes have been placed in special Saudi fund devoted to squelching civil dissent in Saudi Arabia. The CIA is fully supportive of the "arrangement." Full story...
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